Day: September 3, 2026

Welspun Corp rose 3.03% to Rs 2,600 after a foreign brokerage initiated coverage on the company with a ‘Buy’ rating and a target price of Rs 3,250.

The offer received bids for 88.66 lakh shares as against 68.49 lakh shares on offer.

Inox Wind shares rose nearly 2% after securing a ₹755-crore, 100 MW turnkey order from Indian Oil Corporation. The project includes turbine supply, EPC, execution and 10-year O&M services, strengthening its institutional customer base and integrated renewable energy capabilities. Despite the order, shares remain significantly lower in 2026.

Realty shares witnessed buying demand for the second consecutive trading sessions.

Stock market veteran Shankar Sharma has questioned India’s headline GDP growth, arguing that the economy’s “Real Feel” growth is only 2-3%. Despite 7.8% GDP growth in Q1 FY27, he pointed to worsening quality of life and chaotic urban conditions, contrasting India’s experience with Europe’s stronger lived prosperity.

The traditional 20% threshold for defining a bear market is facing fresh scrutiny as highly volatile technology and semiconductor indexes remain sharply higher for the year despite entering bear-market territory. The SOX and KOSPI have revived debate over whether factors such as volatility, duration and economic conditions should complement the conventional measure.

Home loan top-up vs personal loan: Here’s why your loan could cost you lakhs

On Thursday morning, the Indian rupee saw a notable rise, fueled by an influx of foreign-currency deposits that enhanced the foreign-exchange liquidity of the country. This robust support helped mitigate global economic pressures. Additionally, interventions from the Reserve Bank of India played a crucial role in the rupee’s ascent, as domestic equities began the day…

Crude Oil Gains As Iran-US Conflict Fears Raise Middle East Supply Risk Concerns

Gold Gains As Dollar And Treasury Yields Retreat From Recent Highs On Rate Outlook