Business
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Hindustan Copper shares fall 3%, multibagger stock drops 6% in 3 days as OFS concludes. What lies ahead?
Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was oversubscribed. The company also faces Rs 14.43-lakh fines each from BSE and NSE over board composition compliance. Despite short-term pressure, the stock has delivered strong long-term returns.
Capri Global shares slip 3% after NSE, BSE impose Rs 74,000 penalty for compliance lapses
Capri Global shares fell nearly 3% after BSE and NSE imposed fines of Rs 74,000 each plus taxes for delayed compliance with SEBI listing regulations. The company said the penalties have no material financial or operational impact and plans to seek a waiver. The stock remains up 35.43% in 2026.
Devyani International shares rally 4% after revision in Sapphire Foods merger plan
Devyani International witnessed an uptick on Thursday after the company said its merger with Sapphire Foods India remains on track, while a proposed secondary share sale involving Sapphire Foods Mauritius and Arctic International has been called off. The share-swap ratio remains unchanged, but the revised deal alters the expected post-merger promoter holding.
These 19 stocks turned into tenbaggers in 5 years: Peter Lynch’s rules to find the next
Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results.
Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What's the case about?
Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital Partners over a Russian coal project dispute. Tata Power plans to appeal the ruling, with the company having 28 days to approach the Singapore Court of Appeal.
Up to 407% returns! 12 recently listed stocks turn multibaggers as Nifty IPO index hits 52-week high
The Nifty IPO Index has hit a remarkable 52-week high, showcasing an impressive appetite from investors. Recently, twelve newly listed firms have become multibaggers, showcasing exceptional returns. This upswing is driven by expanding growth sectors and a solid influx of domestic capital. Additionally, a shift in capital from large-cap stocks contributed to the stellar performance of this segment. Experts suggest CORONA Remedies and Fujiyama Power Systems for anticipated growth.
Nepal flash floods: Centre, Telangana, Sikkim, and other states issue helpline numbers for stranded Indians | Check here
As devastating flash floods in Nepal leave hundreds missing, Telangana, Sikkim, Karnataka, Maharashtra and several other states have activated helplines and emergency control rooms to assist citizens who may be stranded or affected.
Sensex records muted gains on expiry day, Nifty above 24,200. What lies ahead?
Indian equities opened marginally higher on Thursday ahead of expiry-day volatility, with Sensex and Nifty gaining around 10 and 11 points, respectively. India VIX rose 3% to 10.84. Kotak Mahindra Bank led gains, while HCL Technologies and HDFC Bank declined. Consumer durables gained, while FMCG slipped amid mixed market breadth.
Global Market: Japan’s Nikkei reverses gains as Advantest shares drag
Japan’s Nikkei slipped 0.14% as Advantest and SoftBank declined, despite Nvidia’s strong AI outlook. The Topix gained 0.19% as investors rotated towards value stocks. Financial shares advanced, while Fujikura and Kioxia gained. Market sentiment remained cautious toward chip stocks following their sharp gains earlier this year.
Rough patch! How HDFC group delivered a Rs 4.4 lakh crore blow to investors in one year
In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC Bank suffered a 26% drop, equating to a loss of Rs 3.73 lakh crore. Similarly, HDFC Life Insurance faced a 29% decline, resulting in a Rs 47,261 crore dip.
Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firm
South Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-expected economic growth and persistent inflationary pressures from higher energy costs. The Bank of Korea also upgraded its growth forecasts, while strong semiconductor exports and AI-driven chip demand are expected to support the economy and equities.
Rs 58,000 crore selloff by promoters, PE funds hits stock market. Why are they cashing out now?
In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 crore, marking a notable selloff as the stock market endeavored to rebound from recent downturns. The numbers revealed that private equity exits skyrocketed five times compared to previous months, achieving peak levels not seen since 2026. This influx of shares from promoters further heightened market liquidity concerns amid ongoing primary market activity.
E20 mileage woes? E10 petrol could make a comeback through high-octane variants: What we know so far
Consumers are voicing concerns about the negative impact of E20 petrol on older engines and mileage, despite the government's assurances. Over the past few months, the calls to bring back E10 petrol have also grown.
Deepa Jewellers sets IPO price band at Rs 168-177; Rs 460 crore issue opens Sept 1
Deepa Jewellers has set the price band for its Rs 459.72 crore IPO at Rs 168–177 per share. The issue will open for subscription on September 1 and close on September 3, with listing scheduled for September 8. The offer comprises a Rs 250 crore fresh issue and an OFS of 1.18 crore shares. The IPO’s P/E remains below industry peers.
Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakers
South Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung Electronics and SK Hynix advanced. The Bank of Korea raised rates by 25 basis points to 3% and upgraded its 2026 growth forecast to 3.3%, keeping investors focused on future monetary policy.
4 smallcaps with up to 332% PAT growth just surged 170%: Can the outperformance continue?
Smallcap stocks led Nifty-500 earnings growth in 1QFY27, with the Nifty Smallcap-250 reporting 35% YoY growth. While strong earnings, domestic inflows and themes such as power continue to support the rally, elevated valuations and narrowing market breadth highlight the need for selective investing.
Gold prices up Rs 1,300/10 grams; silver rebounds Rs 3,400/kg as falling oil eases rate cut bets. Buy, sell or hold?
Gold and silver prices opened higher on the MCX on Thursday, supported by softer oil prices, a weaker dollar and expectations around the US Federal Reserve’s policy path. Investors are now focused on Fed Chair Kevin Warsh’s remarks at Jackson Hole, while analysts have outlined key support and resistance levels for both precious metals.
Nepal flash floods: What caused massive gush of mud to engulf Rasuwa district? 165+ killed in mudslide disaster
Nepal flash floods: Earthquake or glacial collapse, what was the cause of the massive disaster, find out here. Over 165 people have been reported dead in the tragedy after water and debris that crashed downstream.
