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Day: August 4, 2026

Business News

Credit to tech infrastructure sector doubles in two years

FinSiddhiAugust 4, 2026

Bank loans for India’s technology infrastructure sector have doubled in two years. This growth reflects India’s position as a global hub for data centers. Loans to IT services and digital infrastructure rose significantly year on year. This expansion is driven by data centers, GCCs, and IT enabled services. These segments are now showing robust growth…

Business News

New closing auction triggers confusion, sparks late Nifty swings

FinSiddhiAugust 4, 2026

Market participants faced confusion during the new auction system’s debut. Indices and stock values diverged significantly, catching traders by surprise. The new system determines closing prices through a separate auction process. This change aims to create more robust closing prices for derivatives. Tuesday’s derivatives expiry will be a key test for the new system.

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Symbol Price Change Change %
BOM 7.99 +0.00 +0.00%
TYO 14.47 -0.21 -1.43%
AAPL 309.38 +5.96 +1.96%
GOOGL 377.65 +4.14 +1.11%
MSFT 492.81 +5.16 +1.06%

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Business News

Stocks in news: BSE, PB Fintech, Nykaa, Airtel, and LIC

FinSiddhi August 5, 2026

Markets experienced profit-taking after Monday’s rally, with indices closing lower. Investors await the Reserve Bank of India’s monetary policy announcement on Wednesday. BSE reported a significant profit increase for the June quarter, driven by revenue growth. Bharti Airtel and Nykaa also announced strong quarterly earnings, showing substantial profit jumps. The government began an offer for…

Business News

SIAM says corrosion of vehicle parts due to high chloride presence in fuel

FinSiddhi August 5, 2026
Business News

B&G Foods declares quarterly dividend of $0.095 per share

FinSiddhi August 5, 2026
Business News

Stock recommendations for 5 August from MarketSmith India

FinSiddhi August 5, 2026

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