Business
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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.
Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?
Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involving Iran and Oman. Brent crude fell 0.7% to $87.24 a barrel, while WTI declined 0.7% to $81.67. Markets are watching developments around the key oil transit route; a reopening could potentially ease supply disruption concerns.
Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earnings
Nvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to bottom at 71–72% in Q4 FY27, while rising debt could pressure its financial condition and cash flows.
Hy-Tech Engineers IPO Day 4: GMP signals 83% premium, subscription hits 50.86x. Apply?
The final day of bidding for the Hy-Tech Engineers IPO has arrived, showcasing strong investor enthusiasm. Retail participation has surged, with subscriptions exceeding sixty times for their designated share. The IPO is projected to begin trading on September 1, 2026, post-allotment.
ICICI Prudential AMC shares decline 5% as promoter plans 2% stake sale
ICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareholding requirements. The sale will reduce promoter holding to 85.6%. Shares of ICICI Prudential AMC have gained over 22% in 2026, while Q1 net profit rose 23% year-on-year to Rs 965 crore.
Symbiotec Pharmalab IPO Day 4: GMP at 29%, subscription reaches 5.31x — Should you subscribe?
Symbiotec Pharmalab IPO enters its final bidding day with 5.31 times overall subscription and a Rs 285 GMP. The Rs 1,757 crore issue is priced at Rs 938–988 per share, with listing expected on September 1. Proceeds will partly repay debt, while investors weigh strong demand against premium valuation and risks.
Annu Projects IPO Day 3: GMP, subscription status and key details. Should you subscribe?
The Rs 175.06 crore Annu Projects IPO entered its third day of bidding on August 27, with the issue subscribed 47% on Day 2. The IPO has attracted stronger retail participation, while its grey market premium (GMP) stands at around Rs 4, indicating a potential listing gain of about 4%. With the issue closing on August 28, investors are tracking subscription trends and GMP ahead of the listing.
Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?
Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply constraints. The upbeat outlook, which is well above Wall Street’s 44% growth estimate, highlights broadening demand from hyperscalers, AI labs, startups and enterprises. Nvidia’s quarterly revenue also more than doubled, reinforcing investor confidence in the AI spending boom.
Augmont Enterprises IPO allotment today; GMP at 40% hints at strong listing. Here’s how to check status
Following the allotment, shares for successful applicants are expected to be credited to their demat accounts ahead of the company’s market debut. Augmont Enterprises is scheduled to list on both the BSE and NSE on August 31, 2026.
ETMarkets Smart Talk | Two-year market consolidation may set stage for next bull run: UTI AMC’s Ajay Tyagi
Tyagi, however, remains cautious on pockets of the mid- and small-cap universe, where valuations are above long-term averages. He sees large caps as relatively more attractive on valuations, while advocating selective, bottom-up stock-picking in the broader market. Edited Excerpts
Mohan Bhagwat in New York: US rights body again opposes RSS chief's visit, seeks visa revocation, entry ban
Mohan Bhagwat in New York: In a fresh statement issued on 26 August (US Time), USCIRF said it was deeply concerned about Bhagwat's visit to the US alleging that members of RSS and its subgroups of perpetrating ‘violent attacks against religious minorities’ in India.
India equity outlook cut again as foreign funds seek value elsewhere in Asia
Forecasts suggest that by mid-2027, Indian equity markets may be trading lower compared to the beginning of 2026. This trend is driven by foreign investors shifting their focus to more promising Asian markets that offer better value and opportunities in AI. Although overseas investors have sold off considerable amounts of Indian stocks this year, domestic investors continue to back the market with systematic investment strategies.
Stock split alert! Last day to buy 2 multibagger microcap stocks which rallied up to 540% in a year
According to SEBI's T+1 settlement cycle, investors must buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Friday, making them eligible for the stock split.
Dividend alert! Last day to buy Paras Defence, MCX, Honasa among 33 stocks for dividend rewards. Do you own any?
Today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 28), making them eligible for the dividend.
RBI is showing up whenever rupee weakens in intervention shift
India's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's intervention capacity. The currency's near-term volatility has fallen close to a ten-month low. Higher crude prices and narrowing interest rate differentials add pressure. The RBI faces a delicate balance between growth and currency defense.
