Market News

Indian bonds end flat as traders gauge RBI liquidity approach

Indian government bonds showed no significant movement as the Reserve Bank of India implemented temporary liquidity management strategies, including variable rate reverse repo withdrawals to offset diaspora deposit inflows. Rising oil prices and overnight indexed swap rate movements reflected cautious market sentiment amid uncertainty over the central bank's ongoing liquidity stance.

Asian Stocks Rise on Tech Gains; Oil Surges After Strait Attacks

Asian stock markets opened higher on Friday, driven by gains in US technology stocks, while oil prices climbed following reported tanker attacks in the Strait of Hormuz between Iran and the US. Investors are closely monitoring upcoming US inflation data expected to shape Federal Reserve policy decisions, with the yen experiencing volatility on speculation of potential Bank of Japan rate hikes.

India's IPO Rush Accelerates With 16 Issues Targeting Rs 7,000 Crore

Sixteen Indian companies are set to launch initial public offerings this week, aiming to raise over Rs 7,000 crore through 12 mainboard and 4 SME listings. The surge reflects sustained confidence in India's primary market following a strong August performance.

Emcure Pharma Highlighted in Monday Trading Recommendations

Emcure Pharmaceuticals has been identified as one of two stock recommendations for Monday trading in the Indian market. The inclusion suggests analyst confidence in the stock's near-term performance prospects.

Key Factors Set to Drive Indian Stock Market Action Monday

Indian benchmark indices closed marginally higher on Friday, with the Sensex gaining 363 points and Nifty settling below 23,898, as investors assessed global cues and economic data. Monday's market direction will depend on several domestic and international factors that traders will monitor closely.

MCX Electricity Futures Hit Record Rs 245 Crore Turnover

MCX electricity futures reached a historic milestone on September 4 with turnover of Rs 245 crore and all-time high open interest, according to reports. The surge reflects growing market interest in price risk management tools as trading activity strengthens across contract expiries.

16 IPOs lined up next week with grey market signals pointing to 38% gains

Sixteen initial public offerings are scheduled to launch across mainboard and SME segments next week, including Rentomojo and Kanohar Electricals, with grey market premium trends suggesting potential listing gains of up to 38%. The positive grey market signals reflect strong investor subscription interest, particularly for Rentomojo's offering.

Sensex Options Face New Volatility Risk from SEBI's Closing Auction Session

India's Securities and Exchange Board (SEBI) introduced the Closing Auction Session (CAS), which has created unexpected complexities for Sensex options traders, particularly on expiry days, with sharp price movements during the auction period triggering significant market concern. The session's closing price now determines derivative contract values, linking cash market volatility directly to options pricing in ways that have caught traders off-guard.

Crude oil rally nears $100 as geopolitical tensions escalate

Crude oil prices are approaching $100 per barrel amid escalating geopolitical tensions between the US and Iran, with markets pricing in risks of potential disruptions in the Strait of Hormuz. Analysts are assessing whether these tensions will sustain the rally, even as current physical supply remains uninterrupted.

Over 150 Indian Stocks Turn Ex-Record Date for Dividends This Week

More than 150 Indian companies, including Kalyan Jewellers, IREDA, Zee Entertainment, and NSDL, are moving to ex-record date for dividend distributions between September 7 and September 11. Investors holding these securities need to verify their position status to ensure eligibility for the upcoming payouts.

Tata Motors launches €3.82 billion tender offer for Iveco Group

Tata Motors has initiated a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle manufacturer at €3.82 billion, with backing from major shareholder Exor. The deal seeks full acquisition and delisting of Iveco as Tata Motors capitalizes on strong commercial vehicle sales momentum.

Foreign investors return to Indian stocks with $3.2B August inflow

Foreign Portfolio Investors (FPIs) returned to Indian equities in August with inflows exceeding $3.2 billion, led by purchases in Consumer Services, Financials, and Healthcare sectors. The rebound raises questions about whether the buying momentum can persist into September for a third consecutive month, with analysts suggesting substantial additional capital could flow in if global funds restore neutral positions.

ITC's Tobacco Business Trading at Discount, Says Kotak Securities

Kotak Institutional Equities estimates ITC's tobacco division is valued at just 11X forward earnings, suggesting the market may be undervaluing the conglomerate. The brokerage believes a potential separation of tobacco and non-tobacco operations could unlock substantial shareholder value.

Three Candidates Emerge in Race to Succeed Tata Sons Chairman

Three names have surfaced as potential successors to N Chandrasekaran in the chairman race at Tata Sons, India's largest conglomerate. The succession planning process indicates the group is preparing for potential leadership transition at its apex holding company.

Foreign investors pour $3.2B into Indian equities in August

Foreign portfolio investors deployed over $3.2 billion into Indian equities during August, their strongest monthly inflow since September 2024, with Consumer Services emerging as the primary beneficiary. The broad-based buying across multiple sectors signals renewed confidence in Indian markets, though Telecom and Power sectors continued to face outflows.

Former Tata Technologies CEO McGoldrick offloads Rs 165 crore in share sale

Patrick McGoldrick, former CEO of Tata Technologies, sold shares worth Rs 165 crore, reducing his stake in the company to 0.62 percent. Mutual funds and asset management firms acquired the shares at Rs 785 each.

Bitcoin Holds Near $79,000 Ahead of Crucial US Inflation Report

Bitcoin traded near the $79,000 level as market participants positioned ahead of upcoming US inflation data that could significantly influence Federal Reserve policy decisions and cryptocurrency valuations. The reported strengthening of institutional crypto demand through ETF inflows contrasted with declines in Ethereum and major altcoins amid mixed macroeconomic signals.

Abu Dhabi Fund's Indian Stocks Surge 107% Despite Portfolio Dip

The Abu Dhabi Investment Authority's Indian equity portfolio grew 2% to Rs 3,792 crore in calendar year 2026, with six holdings posting gains ranging from 10% to 107%, led by Paras Defence. The portfolio also experienced declines in several positions including Firstsource Solutions, DOMS Industries, Star Cement, and Samhi Hotels, while Jupiter Life Line was newly introduced as a holding.

Nikhil Kamath's WTF Ventures Clarifies Identity Separate from Brother Nithin

Nikhil Kamath's expanding presence through WTF (his investment venture) and WTFund has resolved long-standing confusion between the two Kamath brothers in Indian financial circles. The clarification comes as Nikhil marks his 40th birthday, with Nithin reflecting on Zerodha's early growth milestones.

Nifty Faces Sustained Bearish Pressure; Key Support Levels Tested

India's Nifty index continues to experience bearish pressure following its fourth consecutive weekly decline, with analysts identifying critical support and resistance zones that will determine the near-term direction. Bank Nifty remains range-bound while volatility is expected to remain subdued, with BSE, Groww, and Angel One awaiting decisive breakouts to signal clearer market direction.