Urban Company plans to raise ₹472 crore through fresh equity and ₹1,428 crore via offer for sale. While revenue grew 34.1% to ₹1,144.5 crore between FY23-FY25 and the company turned profitable in FY25, net profit dipped 45% in the June quarter. With a high P/E multiple of 62, the IPO is suitable for investors with high-risk tolerance.

The Securities Appellate Tribunal (SAT) has directed SEBI to explain why it withheld documents from Jane Street, a US trading firm accused of manipulating the Indian derivatives market. SAT has also halted in-person hearings in the case until further notice.

Gujarat has remained the top state in attracting investments as it got the most number for projects in each year between FY15 and FY25, while Maharashtra has retained the second place for the last four fiscal years, showed data available in a study by the Reserve Bank of India (RBI) staff.

Delays occur because many Indian banks contact the receiver before crediting their account to confirm the payment, or re-verify final account details. In addition, differences in how institutions update tracking information or credit client accounts-often tied to batch processing in back-office systems-slow down deals.

Seven Indian automakers are reviewing the motors, and if cleared, production could begin within a year

Shipbuilding is among the industries the government is looking to promote in a multibillion-dollar effort to turn India into a world-class manufacturing nation

During the first phase of expansion, the Chennai-based company plans to set up 8-10 emerging business branches in Tier II and III towns in Karnataka, a press release said

Both the companies on July 18, had announced a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance market in India

Citigroup purchased 57,000 shares of Voltamp Transformers in a bulk deal on Tuesday. Other institutional investors such as Aditya Birla Sun Life and others acquired equity in the block deal amounting to Rs 364 crore. Voltamp Transformers shares closed lower today.

Despite policy rate cuts, banks are hesitant to significantly lower lending rates to microfinance institutions due to lingering asset quality concerns and internal margin pressures. Smaller MFIs face tightened purse strings and higher risk premiums, hindering their access to crucial funding.

The Indian rupee began on a high note, peaking at 87.95 per dollar before reversing course. This fluctuation was driven by importers hedging against potential losses, which diminished the initial gains.

Israeli Defence Forces confirmed they carried out “precise strikes” against the senior leadership of Hamas

Jane Street asks SEBI to disclose four sets of documents that may “be able to completely demolish this case.”

We briefly describe a number of factors which, although not commonly known, tend to influence the credit score adversely. These include default on loans which you co-signed, higher number of accounts with balances and fall in the average age of accounts

Indian equity benchmarks closed higher, led by IT and pharma gains, with Nifty sustaining above key levels. Analysts project a near-term move towards 25,000, while seven stock recommendations highlight fresh breakouts and bullish momentum for traders.

A personal loan EMI calculator helps borrowers ascertain their monthly instalment based on three key variables: rate of interest, loan amount and tenure.

Nebius Group N.V. shares surged 52% on Nasdaq after announcing a multi-billion dollar AI infrastructure deal with Microsoft. The agreement ensures long-term committed capacity from Nebius’ new Vineland, New Jersey data center.

Joint Secretary at the Union Ministry of Micro, Small and Medium Enterprises (MSME) Ateesh Kumar Singh emphasised that the government stood with the sector during the coronavirus pandemic, affirming support in present situation as well.

Shringar House of Mangalsutra raised Rs 120 crore from anchor investors, including Kotak Mahindra Life and Societe Generale, ahead of its Rs 401 crore IPO opening on September 10 at Rs 155–165 per share.

Blue Jet Healthcare’s promoter Akshay Bansarilal Arora will sell up to 6.83% equity via an OFS starting September 10–11, at a floor price of Rs 675, marking an 8.2% discount to current levels.

SAJEX, first large-scale B2B expo, to be organised in Jeddah from Sept. 11-13, to target Gulf’s largest economy of Saudi Arabia

SAJEX, first large-scale B2B expo, to be organised in Jeddah from Sept. 11-13, to target Gulf’s largest economy of Saudi Arabia

Prakash Industries has set September 17 as the record date for its Rs 1.50 per share dividend. Despite recent underperformance, the Dolly Khanna and Mukul Agrawal-backed multibagger has delivered 255% returns over five years.

Credit card: There are several ways to encash reward points, such as by buying gift cards, booking flights and hotels, and buying merchandise on online marketplaces

Eight Nifty 200 companies posted over 70% year-on-year EBITDA growth in the June 2025 quarter, highlighting improved profitability and operational strength. Notable performers include Bajaj Holdings, HPCL, BSE, JSW Energy, Dixon, Coforge, Waaree Energies, and BPCL.

Moody’s Ratings said that the revenue foregone is likely to be higher than the ₹48,000 crore the government had predicted. 

Sumitomo Mitsui is set to divest its 1.65% stake in Kotak Mahindra Bank through a block deal valued at Rs 6,166 crore, offered at a 4% discount. Despite this sale, brokerages maintain a positive outlook on Kotak, citing strong fundamentals and growth potential. Axis Securities reiterates a BUY call, anticipating credit growth and margin recovery.

Sebi has approved IPOs of Prozeal Green Energy and Neilsoft. Prozeal aims to raise Rs 700 crore to fund working capital, debt repayment, and expansion in renewable energy. Neilsoft’s Rs 90 crore fresh issue will support capital expenditure. Both firms seek growth from India’s renewable and engineering R&D opportunities.

Eicher Motors gained over 22% in the past month, with Bank of America Securities raising its target to Rs 7,500, citing GST rate cuts, rising premium demand, rural financing support, and brand pull. The brokerage expects Eicher to remain a key beneficiary of the two-wheeler upcycle alongside TVS.

Silver prices may climb as high as Rs 1.5 lakh per kg in the coming months, supported by robust industrial demand, a weakening dollar and safe-haven flows amid global uncertainties, according to a report by Motilal Oswal Financial Services.

Sensex closed at 81,101, up 314 points, as auto stocks powered the rally. Maruti, Eicher, TVS, M&M, and Bosch hit fresh 52-week highs, signaling bullish momentum and investor confidence in the sector’s growth outlook.

To facilitate ease of doing business, markets regulator Sebi on Tuesday came out with a simplified format for disclosure documents for portfolio managers.

India tops global crypto adoption for the third year, but investors demand clarity. A Mudrex survey shows 93% want regulations, 84% call current taxes unfair, and 91% consider crypto policy key to voting decisions.

The National Stock Exchange (NSE) has appointed retired IAS officer Srinivas Injeti as its new Chairperson. Backed by SEBI approval, Injeti brings four decades of regulatory, governance, and financial services experience, including leading reforms in insolvency, competition, and corporate laws.

Significant percentage of employees prioritise savings, investments under new tax rules: Report

BSE CEO Sundararaman Ramamurthy says India’s economy is on a strong growth path, supported by domestic investors, rising consumption, and policy reforms. Despite FPI outflows, equity markets remain resilient. IPOs, SME listings, and mutual fund expansion boost market depth, while derivatives growth strengthens participation. Optimism persists for long-term equity gains.

TechD Cybersecurity, backed by Vijay Kedia, is launching a Rs 40 crore IPO on NSE Emerge from September 15–17 at Rs 183–193 per share. Proceeds will fund global expansion, talent growth, and India’s largest integrated cybersecurity GSOC in Ahmedabad.

In a big relief to startup founders looking to go public, Sebi has amended rules allowing them to retain Employee Stock options (ESOPs) granted at least one year before filing preliminary IPO (initial pubic offering) papers.

SEBI has eased regulations, allowing startup founders to retain ESOPs granted at least a year before filing IPO papers. This facilitates founders holding or exercising benefits even after being designated as promoters post-listing. The move assists companies listing after reverse flipping, addressing previous requirements to liquidate ESOPs before IPOs, benefiting founders classified as promoters.

China’s 2025 anti-involution strategy to curb oversupply in steel, solar, and EVs is reshaping global markets. Analysts see upside for Indian stocks like Reliance, Tata Steel, JSW Steel, Hindalco, and Vedanta while EVs show mixed impact and second-order gains may flow to banks and capital goods.

Zinc prices fell on the MCX amid profit booking after a recent rally, while trends were mixed on LME and SHFE. Strong US economic data, expectations of a rate cut, and declining LME inventories support an upward bias. Analysts suggest buy-on-dip near Rs 272–273 with targets of Rs 285–290.

Market expert Gautam Shah believes Indian equities are nearing a breakout after months of stagnation. With strong government reforms, supportive liquidity, and key resistance at 24,850, Nifty could soon test 25,000 and aim for lifetime highs of 26,200.

Data from the quarter reveals a worrying trend: most retail-favourite stocks have delivered negative returns despite their popularity. However, Tata Motors broke the pattern with a 4.5% gain in Q2FY26, while Tata Steel also managed a 5.7% rise, making them the only two gainers among the top ten.

The rupee weakened by 3 paise to close at 88.12 against the US dollar due to persistent foreign fund outflows and concerns over potential US tariffs on India. Global trade uncertainties and remarks from a White House trade advisor further pressured the rupee.

Income Tax: Over 5 crore taxpayers have filed their tax returns. Out of these, 4.72 crore returns are verified and 3.39 crore returns processed. In contrast, a total of 7.28 crore ITRs were filed last year till the deadline of 31 July 2024.

The Indian equity market remains range-bound, with Nifty facing support at 24,600–24,800 and resistance near 25,000. Momentum is weak despite positive cues. Traders are advised to focus on select sectors and resilient stocks like AB Capital and Adani Ports, using appropriate stop losses for short-term trades.

Investor appetite for Adani Ports and JSW Infrastructure remains strong, Jefferies said, citing robust growth visibility, logistics synergies, and expansion plans. While investors welcome leverage reduction and capital allocation strategies, valuations remain a key concern with JSWI trading at a steep premium to ADSEZ.

Credit card phone scams are rising as fraudsters steal OTPs and CVVs through fake calls, highlighting the urgent need for awareness, vigilance, and safe digital payment practices to prevent financial fraud.

Gold prices in India surged to Rs 1,09,500 per 10 grams, tracking COMEX highs of $3,700/oz. Driven by Fed rate cut expectations, dollar weakness, and geopolitical risks, analysts see the bull run continuing with further record highs likely.

Sebi has introduced relaxed delisting norms for PSUs where the government holds over 90% stake, excluding banks, NBFCs, and insurance firms. The new rules waive the two-thirds public shareholder approval threshold and offer a fixed-price delisting option with a minimum 15% premium over the floor price.

Amanta Healthcare shares extended gains after debuting at a 7% premium, reflecting moderate investor optimism despite steep valuations at 46.6x FY25 earnings. The sterile injectables maker plans to use IPO proceeds for capacity expansion under its SteriPort brand and SVP facility. Strong margins, growing exports, and branded generics support growth, though supply risks and competition remain overhangs.

Investor Jim Rogers highlights gold and silver as safe havens amid weakening faith in US treasuries, preferring silver over gold at current levels. He sees India as a promising but pricey equity market, favors agriculture as an emerging investment theme, and remains cautious on global markets due to widespread optimism.

A growing number of retirees are choosing leases and rentals in senior living to preserve liquidity and flexibility—but high deposits and limited options keep ownership dominant.

A growing number of retirees are choosing leases and rentals in senior living to preserve liquidity and flexibility, but high deposits and limited options keep ownership dominant.

Buy Inox Wind Ltd. at a price target of Rs 210.0 .

Mistral has been touted as a European AI champion as technological sovereignty concerns fester between the European Union and the United States

Improving your credit score boosts eligibility for bigger personal loans, offering higher approval chances, lower interest rates, flexible repayment options, and better borrowing terms with enhanced financial credibility.

Small businesses in India face challenges in utilizing credit effectively for growth. Despite government initiatives improving access, many MSME owners lack awareness of available options and their implications.

Shringar House of Mangalsutra’s Rs 401 crore IPO opens September 10–12, priced at Rs 155–165. The Mumbai-based brand, specializing in premium mangalsutras, aims to fund working capital and expansion across 42 cities. Strong grey market demand signals investor interest, while rising organized jewellery trends and robust revenue growth support long-term prospects.

India’s housing market is shifting toward premium and larger homes as buyers move away from affordable housing. ANAROCK’s survey shows real estate topping investment preferences, with rising prices driving caution. Demand is concentrated in 3BHKs and premium projects, while new launches gain traction amid stronger regulations and consumer confidence.

It is always advisable to register a Will, which can be changed or revoked later if the testator desires.

Eightco Holdings surged over 3,000% in one session after announcing a Worldcoin acquisition backed by OpenAI’s Sam Altman and appointing Wall Street analyst Dan Ives as chairman. The stock’s rally was fueled by a private placement, digital-asset strategy, and investor enthusiasm, highlighting growing market interest in crypto-linked corporate initiatives.

Infosys announced a potential share buyback on September 11, sparking renewed investor interest with the stock rising 5% intraday. The buyback could be via tender offer or open market route. Amid declining stock performance and heavy FII selling, the move may support valuations, provide arbitrage opportunities, and boost long-term investor confidence.

Securities and Exchange Board of India stated that the investigation and final order on Jane Street could be much wider. SEBI will not release documents not relied upon for the order. Jane Street appealed against SEBI, seeking document release to rebut market manipulation allegations. The hearing started on Tuesday.

Avic Chengdu shares slumped nearly 25% in five sessions, even as the firm remains China’s largest defence company by market value. The decline coincided with Beijing’s military parade, drawing global attention. Despite the fall, the stock remains up year-to-date, while broader defence indices and peers like Zhuzhou Hongda also weakened.

Abhay Agarwal, Founder of Piper Serica Advisors, said India is converting global tariff uncertainty into reform-driven growth. He sees four sectors—manufacturing, pharma innovation, consumer internet, and financials—as key drivers, with GST cuts boosting festive demand and small banks, NBFCs, and microfinance lenders emerging as beneficiaries.

In times of market uncertainty, predicting the future is futile—but preparing for it isn’t. Investors can’t forecast every downturn, but building a robust portfolio with strategic asset allocation can shield their investments and help them stay the course.

The IDFC FIRSTmoney Smart Personal Loan provides a unique combination of excellent features. Some of these include a 100% digital process, quick approval and disbursal, repayment flexibility, access to multiple on-demand loans, no foreclosure charges, etc.

Despite strong gains in the broader market, the microcap segment shows uneven performance in FY26. While some stocks like Le Travenues Technology and Gabriel India have doubled investor wealth, 27 Nifty microcap stocks fell over 10%, with 10 plunging 20–50%. Rising risks highlight the volatility and selective opportunities in microcaps.

The auto sector is poised for further growth, fueled by GST-led price reductions that could boost vehicle volumes by 8-10%, according to Pankaj Pandey, Head of Research. Maruti, M&M, and Ashok Leyland are expected to benefit, along with ancillary stocks like Exide Industries and Apollo Tyres.

Prime Focus shares have surged, hitting their upper circuit for the third consecutive session, fueled by investments from marquee investors like Ramesh Damani and Singularity AMC. The media company, known for its VFX work on the upcoming film Ramayana, has seen a 33% increase in stock value in the last three trading sessions.

Five IPOs are set to open tomorrow across mainboard and SME platforms, with grey market premiums offering a glimpse of listing-day sentiment. Urban Company IPO leads with a 34% GMP, while others show steady interest. Galaxy Medicare IPO faces muted demand, hinting at a flat debut.

MosChip Technologies shares tumbled 10% on Tuesday following a 59% rally in seven sessions, driven by India’s semiconductor push and strong volumes. While technical indicators suggest overbought conditions, analysts say long-term investors can consider using short-term dips to build positions in the high-growth stock.

Someone on the internet is . . .  right?

The Goods and Services Tax reforms are set to benefit Adani Group companies. Tax rate cuts on cement and renewable energy equipment are expected. Ambuja Cements and ACC could see stronger demand. Adani Green Energy may experience lower project costs. Adani Power is poised to gain from reduced coal costs. Adani Ports anticipates higher cargo volumes.

Bitcoin is trading steadily near $112K, while Ethereum hovers around $4.3K, buoyed by hopes of U.S. rate cuts and institutional buying. Analysts suggest September is a crucial month for crypto, with the SEC easing compliance and Nasdaq exploring tokenized securities. Market sentiment balances optimism with caution amid tightening regulations and ongoing innovation.

The collapse of Prime Minister Francois Bayrou’s government after a no-confidence vote leaves France facing political instability, weak growth, high borrowing costs, and rising debt, raising concerns about fiscal consolidation and eurozone economic stability.

Standard Chartered expects the US Federal Reserve to deliver a 50-basis-point cut in September, double its earlier projection. The revision follows weak August jobs data, signaling labor market softness. Other global banks remain divided on the magnitude and timing of policy easing.

Goel Construction shares debuted strongly on the BSE SME platform, opening at a 15% premium of Rs 302.50. The IPO witnessed significant investor interest, being oversubscribed across all categories. The company, specializing in industrial and infrastructure projects, reported substantial revenue and profit growth in FY25, supported by a robust order book.

A rebound in IT stocks also drove the markets higher during the initial trade.

Indian bonds gained after FM reaffirmed the 4.4% fiscal deficit target and no extra borrowing, pushing the 10-year yield to 6.45%, with focus now on inflation data.

Hong Kong stocks hit four-year highs on Fed rate cut hopes, with the Hang Seng up 0.8%, while mainland markets fell as SMIC slumped 9% after an acquisition deal, dragging tech shares. Gold miners gained on rising prices, and Hong Kong property shares surged.

At the interbank foreign exchange market, the rupee opened at 87.98 against the U.S. dollar, then touched 87.95, registering a gain of 14 paise from its previous close.

Nasdaq has filed with the SEC to pioneer tokenised securities trading in the U.S., aiming to integrate blockchain-based settlement while maintaining traditional investor protections.

David Kennedy, who has been with the PC maker for 27 years, will serve in the interim role

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

Dev Accelerator is launching its Initial Public Offering on September 10. The IPO aims to raise Rs 143.35 crore. There is strong investor interest, with shares trading at a premium in the grey market. The company plans to use the funds for expansion and debt repayment. Listing is expected on September 17 on BSE and NSE.

SpiceJet shares rose sharply after the airline completed a $24 million (approx. Rs 200 crore) payment to Credit Suisse, closing a long-standing liability. The full settlement strengthens its balance sheet, boosts investor confidence, and marks a key step in its turnaround efforts.

Gold futures on MCX soared to a record high of Rs 1,09,000/10 grams, fueled by expectations of aggressive US Fed rate cuts. Silver futures also remained firm, while international spot gold hit an all-time high of $3,646.53/oz. Weak U.S. job data has increased the likelihood of these rate cuts, weakening the dollar and supporting precious metal prices.

Gold futures on MCX soared to a record high of Rs 1,09,000/10 grams, fueled by expectations of aggressive US Fed rate cuts. Silver futures also remained firm, while international spot gold hit an all-time high of $3,646.53/oz. Weak U.S. job data has increased the likelihood of these rate cuts, weakening the dollar and supporting precious metal prices.

The rupee gained 14 paise to 87.95 on equity strength, but US tariff concerns and global risks capped recovery; Sensex and Nifty rose as US trade tensions escalated.

Three IPOs, Urban Company, Shringar House of Mangalsutra, and Dev Accelerator, are opening. Urban Company, a home services marketplace, aims to raise significant capital. Shringar focuses on mangalsutras, targeting steady earnings. Dev Accelerator offers flexible workspace solutions, eyeing expansion. Analysts suggest Dev Accelerator for listing gains. Urban Company is considered for long-term potential.

Microsoft may also acquire additional services capacity under the deal, bringing the total contract value to about $19.4 billion

Amanta Healthcare shares: Amanta Healthcare shares debuted with a premium, listing at Rs 135 on NSE and Rs 134 on BSE against an issue price of Rs 126. The Rs 126 crore IPO, a fresh issue, will fund expansion, including a new SteriPort line. Despite strong demand and oversubscription, analysts consider the IPO "fully priced," citing a high price-to-earnings ratio.

Indian stock market analysts suggest a positive outlook for the week, fueled by GST benefits and the approaching festive season. Brokerages recommend buying shares of Arisinfra Solutions, Navin Fluorine, Nykaa, and RIL. Further recommendations include IREDA and Power Grid, citing recent gains and project wins.

Gold prices in New Delhi soared to a record high of Rs 1,10,047 per 10 grams. This surge followed a global rally driven by a weaker US dollar and expectations of Federal Reserve interest rate cuts. On MCX, gold futures for December and October deliveries also hit record peaks. Comex gold futures reached an all-time high of USD 3,694.

Holthaus, who will leave after more than three decades with Intel, had held numerous senior leadership roles, including interim co-chief executive officer following the ouster of former CEO Pat Gelsinger last year

The housing market is shifting, giving buyers more leverage as rising inventory and affordability concerns pressure sellers to negotiate. While national listing prices saw a slight increase in July, some metro areas are experiencing price declines. Sellers are offering concessions like price reductions and covering closing costs to attract buyers in a market where homes are lingering longer.

A significant rise in futures OI indicates growth in the number of active, unexpired contracts for a security.

SML Isuzu may be in focus on September 9 after reporting a 15% drop in August sales to 815 units and exports halving to 27, even as production rose 7% to 1,045 units. The update comes as the commercial vehicle maker prepares to rebrand as SML Mahindra, pending shareholder and regulatory approvals.

Anticipation of a U.S. Federal Reserve rate cut is expected to ease Indian government bond yields and offer slight support to the rupee, which has been pressured by U.S. tariff concerns. The rupee previously hit a record low, while the 10-year benchmark bond yield experienced its largest weekly drop in four months. Upcoming inflation data from both the U.S.

Nikkei in Japan surpasses 44,000 for the first time. Trade optimism and stimulus hopes boosted market sentiment. U.S. tariffs on Japanese autos are set to decrease. Shigeru Ishiba resigned and Sanae Takaichi is running for leadership. Semiconductor shares saw a rally. Advantest and other chip-related companies experienced significant gains. Sony also showed positive movement in the market.

Housing & Urban Development Corporation (Hudco) signed a non-binding MoU with Nagpur Metropolitan Region Development Authority (NMRDA) to provide up to Rs 11,300 crore for metro, housing, and infrastructure projects over five years. The pact, attended by Maharashtra CM Devendra Fadnavis, also covers consultancy and capacity-building support. Analysts expect the deal to strengthen Hudco’s long-term lending portfolio.

A White Marubozu is a bullish candlestick pattern in technical analysis. It forms when the opening price is the lowest for a given period and the closing price is the highest.

Indian government bonds are expected to rally following reassurance from the finance minister that the fiscal deficit target will be met and the borrowing plan will remain unchanged. This positive sentiment, coupled with a drop in U.S. yields and the implementation of CRR cuts, has boosted the debt market.

Media reports suggest that Voltamp Transformers promoter Kunjal Patel will sell up to 7% equity via a $67 million block deal at a floor price of Rs 7,600 per share, potentially altering promoter holdings and attracting institutional interest.

Infosys share price: Infosys board is set to consider a buyback proposal on September 11. The move comes after a 25% stock slide in a year, aiming to boost investor confidence amid weak IT sector sentiment, muted growth guidance, and global headwinds.

Infosys share price: Infosys shares experienced a surge following the announcement of a potential equity buyback proposal to be considered at an upcoming board meeting. This decision comes amidst a backdrop of underperformance in the stock market and broader challenges within the Indian IT sector. Despite these headwinds, Infosys reported positive YoY growth in net profit and revenue for the first quarter.

RailTel share price: RailTel has secured orders worth over Rs 700 crore from the Bihar Education Project Council. The contracts include Smart Classrooms, ICT Labs, ISM Labs, and teaching materials across government schools, aimed at boosting digital education and bridging the learning gap.

RailTel share price: RailTel shares saw a surge after securing multiple work orders. The Bihar Education Project Council awarded these contracts. The total value is Rs 713.52 crore. The projects involve digital learning solutions in Bihar schools. Smart classrooms and ICT labs will be installed. Teaching materials will also be supplied. The projects are expected to complete by 2025 and 2026.

US equity indices surged, with the Nasdaq reaching a new record, fueled by anticipation of Federal Reserve interest rate cuts following benign inflation data. Sam Stovall of CFRA Research noted growing investor confidence in lower rates.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as bullish, indicating the potential for further upward movement in the stock.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Karbonsteel Engineering is set to launch its Initial Public Offering of Rs 59 crore. The IPO will open on Tuesday and close on September 11. The company aims to list on BSE SME platform on September 16. It plans to use the funds for facility expansion and debt repayment. The IPO includes a fresh issue and an offer for sale.

Taurian MPS, a crushing and screening equipment manufacturer, launches its Rs 42 crore IPO today, aiming to list on the NSE SME platform on September 16. The IPO consists of a fresh issue of 24.87 lakh shares, with proceeds allocated for machinery, R&D, working capital, and general corporate purposes. While revenue surged, profit after tax slipped due to rising expenses.

More than 40 years of FT coverage, charted

Oil prices experienced gains on Tuesday as OPEC+ decided to increase production by a smaller amount than anticipated, adding to concerns about tighter supply due to potential new sanctions on Russia. The limited production increase and the possibility of sanctions contributed to upward pressure on prices. Additionally, anticipation of a potential interest rate cut by the U.S.

The dollar weakened to a near seven-week low as investors anticipated revisions to U.S. jobs data, potentially indicating a weaker labor market and bolstering the case for Federal Reserve rate cuts. Economists foresee a significant downward revision in job numbers, possibly prompting the Fed to act more aggressively.