Month: August 2026

GIFT Nifty:

Value of gold reserves increased USD 2.801 billion to USD 114.218 billion during the week. The special drawing rights (SDRs) were up by USD 112 million at USD 18.852 billion, the apex bank said.

Securities in F&O Ban:

In association with Mahesh Babu Foundation

Analysts said that the rise in DIIs’ stake in HDFC Bank was backed by sustained buying from mutual funds. The overall MF holdings increased to 26.5% in June 2026, from 22.5% in the Sept 2025 quarter

HDFC Bank rose 1.92% to Rs 733.85 after managing director and CEO Sashidhar Jagdishan decided not to seek reappointment and will retire on 26 October 2026.

John Cockerill India rose 2.39% to Rs 8319.50 after the company secured an order worth approximately Rs 200 crore from A1 Iron & Steel Tanzania for steel processing equipment at its plant in Dodoma, Tanzania.

Ashoka Buildcon gained 12.64% to Rs 126.95 after the company announced that it has secured a Rs 602.16-crore order from Rail Vikas Nigam (RVNL) for electro-mechanical works for tunnels under the Rishikesh-Karnprayag rail project in Uttarakhand.

For settlement of Right of Recompense

Finance Minister Nirmala Sitharaman said that India is likely to sustain an economic growth rate of 7 per cent or more in the financial year 2026-27. In a recent address, she said India is likely to maintain its growth momentum despite geopolitical uncertainties and supply-chain disruptions following the US-Iran conflict and the closure of the…