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Kataria Jewellers IPO: Expansion & Debt Repayment Plans
Kataria Jewellers files draft IPO papers to raise funds for two new stores in Kota and Ujjain, and to repay existing borrowings.
India’s Forex Reserves Hit Record $729 Billion
India’s foreign exchange reserves surged to a new record of $729.328 billion by August 21, 2026, driven by a significant increase in foreign currency assets.
Purple Style Labs Raises ₹306 Cr Ahead of ₹680 Cr IPO
Purple Style Labs, parent of Pernia’s Pop-Up Shop, secures ₹306 Cr from anchor investors for its ₹680 Cr IPO. Details on IPO dates, price band, and investors.
Wall Street Futures Mixed Ahead of Fed’s Jackson Hole Speech
Wall Street futures are mixed as investors await Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for insights on economic outlook and interest rates.
US Treasury Yields Hit 5.24%, Impacting India’s Bond Market
US Treasury yields surge to 5.24%, a global benchmark. Discover the impact on India’s bond market, foreign investments, and borrowing costs.
Silver to Outshine Gold by Late 2026: Supply Deficit Forecast
Monarch PMS forecasts silver outperforming gold by late 2026, driven by a persistent supply deficit and tight physical markets. Price projections and market dynamics analyzed.
Indian Bank Deposits Shrink as Lenders Cut High-Cost Funds
RBI data reveals Indian bank deposits and credit contracted in mid-August as lenders reduced high-cost bulk funds amid strong FCNR inflows.
Sensex, Nifty Rebound: IT Stocks Drive Gains Amidst Positive Global Cues
Indian markets Sensex and Nifty rebound Friday, fueled by strong IT sector performance and positive global sentiment, breaking a two-day losing streak.
Mumbai Milk Prices to Rise Rs 9/L From Sept 1, 2026
Mumbai milk prices will increase by Rs 9 per liter from September 1, 2026, reaching Rs 102/liter wholesale due to rising feed costs.
India’s LPG Import Bill Jumps 29% Post-Iran Strikes
India’s LPG import costs soared 29%, adding $1.1 billion to its bill following US-Israel strikes on Iran, impacting global energy markets.
Wealth Company Fund Uses Dahi Handi for Multi Cap Investing
The Wealth Company Mutual Fund’s new film uses the Dahi Handi festival to explain multi cap investing, highlighting diverse market opportunities for every company size.
India’s New Closing Auction: Trader Distress & SEBI Probe
India’s new August 3rd closing auction system for stock prices sparks trader distress, volatility, and SEBI probe into alleged manipulative practices, including JPMorgan.
H.S.INDIA LTD. (HOTLSILV) Hits High Amid Valuation Concerns
H.S.INDIA LTD. (HOTLSILV) closed at ₹11.20, its daily high, on Aug 28, 2026. Analysis suggests the hospitality stock may be overvalued compared to peers.
HDFC Mutual Fund Ups Hexaware Stake to 5.21%
HDFC Mutual Fund raises Hexaware Technologies stake to 5.21% through open market purchases, acquiring over 1.4 million shares. Learn more about this significant investment.
Nifty Surges on IT Stocks, Global Cues, and Stable India Rating
Nifty closes higher, driven by strong IT stock performance and positive global market cues. S&P Global affirms India’s stable ‘BBB’ rating, boosting investor confidence.
India’s Forex Reserves Hit Record $729 Billion
India’s foreign exchange reserves reach an all-time high of $729.3 billion by August 21, driven by strong gains in foreign currency assets and gold.
PayPal Stock Drops 16% After $50 Billion Bid Withdrawal
PayPal shares fell 16% after Advent International and Stripe withdrew their $50 billion takeover bid, citing an insufficient offer. Explore the impact on PayPal’s market value.
Mutual Funds: NFOs & IDCW Payouts Active Week
India’s mutual fund sector buzzed with activity on Aug 28, 2026, featuring new fund offers from Motilal Oswal & Bank of India, plus significant IDCW payouts.
Gold Prices Surge 9.6%: Volatility, Fed & Debt Drive Rally
Gold prices jumped 9.6% in a month due to Fed policy, US debt, and geopolitical risks. Experts advise 10-15% allocation with a 5-year horizon.
Asian Markets Fall, KOSPI Plunges After Rate Hike
Asian markets mostly declined Friday amid caution before Fed Chair Warsh’s speech and geopolitical tensions. South Korea’s KOSPI plunged after a 25 bps rate hike by the Bank of Korea.
Mahle Eyes $400M India IPO Revival
German auto supplier Mahle is reportedly reviving its India IPO plans, aiming to raise up to $400 million in Mumbai to fuel its growth strategy.
Interbank Call Rates Drop to 5.00% as Demand Eases
Interbank call rates fell to 5.00% on reporting Friday, reflecting softened demand for funds as the two-week reporting cycle concluded. Learn more about market movements.
IT Stocks Boost Indian Equities, Ending Losing Streak
Indian stock markets Sensex and Nifty closed higher on Friday, driven by strong IT stock performance and positive global cues, snapping a two-day losing streak.
Morgan Advanced Materials Sells Foseco India Stake for ₹678.63 Cr
Morgan Advanced Materials divests its entire 15.26% stake in Foseco India for ₹678.63 crore via open market transactions to institutional investors.
Shanti Inorganics IPO: Price Band Set, Opens Aug 31
Shanti Inorganics sets IPO price band at Rs 79-83, opening August 31, 2026, on NSE SME Platform. Details on shares, dates, and company operations.
Warburg Pincus Sells Apollo Tyres Stake for Rs 1174.94 Crore
Warburg Pincus divests 4.25% stake in Apollo Tyres for Rs 1174.94 crore. ICICI Prudential and SBI Life acquire shares in the Rs 435 per share deal.
Bandhan Banking & PSU Debt Fund NAV Hits 11.3974
Discover the latest Net Asset Value (NAV) of 11.3974 for the Bandhan Banking & PSU Debt Fund, an open-ended scheme launched in 2013. Learn more about its performance.
Precision Wires India Stock Hits 52-Week High, Surges 20%
Precision Wires India stock surged 20% to a 52-week high of ₹507.75, outperforming benchmarks with impressive annual gains. Explore the company’s growth.
Silver Prices Surge Rs 5,901 on MCX Amid Global Shifts
MCX silver rallies Rs 2,699 to Rs 2,43,350/kg, a Rs 5,901 surge from its low, driven by global market shifts, easing inflation, and a weaker dollar.
Closing Bell: Nifty 50 Gains Modestly as IT Stocks Drive Market; Bank Nifty Declines | 28 Aug 2026, 03:45 PM IST
Indian equities closed mixed on Friday, 28 August 2026. The Nifty 50 settled at 24142.45, up 0.21%, primarily boosted by strong performance in IT stocks. Bank Nifty, however, saw a slight decline.