Business

Tempsens Instruments shares to list today; GMP signals 110% listing gain

The Rs 650-crore public issue was priced at Rs 300 per share and comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) worth Rs 555 crore. Ahead of the IPO, the company also raised Rs 194.54 crore from anchor investors.

Oil Price Today (August 28): Crude oil falls over 5% this week despite Trump rejecting terms of Iran deal. What are experts saying?

Brent crude futures fell 50 cents, or 0.6%, to $89 a barrel, while West Texas Intermediate crude futures declined 42 cents, or 0.50%, to $83. Brent was on track to lose 5.3% for the week, while WTI was set to fall 4.3%.

Sebi proposes easing merchant banker rule for select debt issuers

Sebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is designed to lower the costs related to issuing small-value debt private placements. To qualify, issuers must meet particular standards, including being regulated and listed for over a year, possessing a robust credit rating, and having no recent defaults. This aims to promote more frequent small-value debt offerings.

Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a positive start; Asian shares trade mixed

Positive Breakout: These 5 stocks cross above their 200 DMAs

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.

IndiaFirst plans to raise Rs 250 cr in subordinated debt

IndiaFirst Life Insurance plans to raise ₹150-250 crore through subordinated debt. BNP Paribas Cardif will acquire Warburg Pincus' stake in the insurer. The company's initial public offering plans have been deferred, not abandoned. Its agency channel is expected to contribute a larger share to business. IndiaFirst Life is also seeking new bancassurance partnerships.

CIA Chief John Ratcliffe gave bleak assessment of Russia-Ukraine war, urged Moscow to strike a deal with Kyiv: Reports

CIA Director John Ratcliffe met Russian intelligence heads in Moscow, assessing the Russia-Ukraine conflict and warning against attacks on NATO. He encouraged diplomacy to avoid escalating military and economic situations while the Kremlin dismissed U.S. concerns.

Kennedy Center's demolition will be an ‘eventuality’ if Trump's name isn't added, says Lutnick amid court hearing

US Commerce Secretary Howard Lutnick on Thursday (local time) defended adding President Donald Trump's name to the Kennedy Center, arguing that the center's demolition will be an ‘eventuality’ if Trump's name isn't added.

‘Earthquake-like manner’: How Iran vows to counter US economic warfare? Plan may include nuclear weapon, oil crackdown

US Treasury Secretary Scott Bessent announced 'Economic D-Day' sanctions aimed at crippling Iran's economy amid war with the US. Iranian officials have condemned the move and hinted at possible actions they may take to target the US economy in retaliation.

Oil on track for weekly loss even as Iran tensions simmer

Oil prices have dipped, bringing an end to a two-week rally in crude futures. The United States has announced that there are no current negotiations happening with Iran. Geopolitical tensions have ramped up following a warning issued by Russia to Britain, and Donald Trump has speculated that Russia will refrain from attacking NATO nations. These dynamics are complicating diplomatic efforts and creating ripples across worldwide energy markets.

KRBL setup strengthens as earnings inflection looms; Motilal Oswal’s Shivangi Sarda says buy

Persistent Systems’ strong deal wins boost outlook, acquisition costs pose risk

Following a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the company reported robust revenue growth, boosting its future earnings outlook. However, upcoming costs linked to interest and wage hikes could pressure profit margins. As a result, investors can expect the stock to trade within a range influenced by the acquisition's financial effects.

Can ESDS Software Solutions IPO deliver long-term growth for high-risk investors?

In a bold move, ESDS Software Solutions is set to launch a ₹720 crore IPO to fuel its growth initiatives. The company excels in providing infrastructure, managed, and software services to a variety of sectors, boasting significant revenue and profit increases over the past three years. Yet, it faces risks such as revenue reliance on key clients and inflation of input costs.

Gold treads water ahead of Fed Warsh's Jackson Hole speech

In early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kevin Warsh at Jackson Hole. With Fed officials expressing concerns about ongoing inflation in the United States, and labor market data indicating stability, traders are eager to see how this may influence a prospective US rate increase set for December.

Happy Raksha Bandhan 2026: 50+ wishes, messages, greetings, captions, images for WhatsApp, Instagram, Facebook status

Raksha Bandhan festival honours the brother-sister bond. Sisters tie rakhis on brothers' wrists, symbolizing protection and love. Let's have a look at specially curated wishes, messages, greetings, captions and images for WhatsApp, Instagram and Facebook status.

Bankex put sees a dramatic surge of 14,700% on expiry day

Bankex options saw a significant surge during Thursday's expiry session. This unusual spike occurred within minutes, causing considerable trader reaction. Indicative closing levels briefly showed a steeper Sensex decline than expected. Several Bankex put options experienced sharp premium jumps, impacting sellers. The Sensex and Bankex closed lower, while Nifty and Bank Nifty saw smaller declines.

Foreign portfolio investors continue buying, selectively adding to their July bets in August

After a robust July, foreign portfolio investors increased their equity acquisitions in August, marking a moderate uptick. Domestic institutional investors also continued their purchasing activities, though at a more measured pace. This buying spree aligned with a surge in IPO and OFS issuances within Indian markets. Interestingly, foreign investment trends shifted away from South Korea while Taiwan benefited from inflows.

Global Market Today: Asian shares slip as US stock futures dip ahead of Warsh’s Jackson Hole speech

Futures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intelligence trade following Nvidia Corp.’s bullish outlook waned. Sentiment was weighed down by Marvell Technology Inc., which fell more than 7% in extended trading following its earnings report.

Why glacier collapse that caused flash flood in Nepal is a warning sign for Himalayas? Is it a first of many?

In the aftermath of devastating flash floods that killed more than 350 in Nepal, scientists attribute the disaster to a glacier collapse in Tibet. Increased natural disasters in the region signal grave concerns about global warming’s effects on the Himalayas' glaciers and ecosystems.

GST Council may cut 18% tax on mobile phones as handset demand slows

The Council is also likely to examine whether the benefits of last year’s GST rate rationalization have been passed on to consumers, following complaints of companies restoring prices to pre-reform levels.

BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside

BofA expects India's wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable energy and power grids, as well as exports.

Pre-market action: Here's the trade setup for today's session

Indian equity markets experienced a decline on Thursday, influenced more by domestic challenges than global trends. The Nifty index faced notable resistance in the 24,300 to 24,400 range, suggesting possible weakness that may push it down towards 23,900. Foreign portfolio investors sold off shares, whereas domestic entities made strategic purchases. Furthermore, the Indian Rupee closed marginally lower compared to the US dollar.

Stock market holiday: Are NSE, BSE closed today for Raksha Bandhan? Find out here

The Indian stock market will remain open on August 28 for trading. Both NSE and BSE will operate normally on this date. Commodity markets will also function as usual on August 28. The market will next close on September 14 for Ganesh Chaturthi. Upcoming holidays include October 2 and November 10.