🔔 🔻Closing Bell: Sensex down 550 pts, Nifty below 23,650; banks drag, media gains
More details:
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-08-09-2026-alpha-liveblog-14024735.html
More details:
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-08-09-2026-alpha-liveblog-14024735.html
Reliance plans $1.3 billion bond in first sale since 2023
-Reliance to raise 125 billion rupees via local bonds.
-Largest listed deal in the market this year.
-Bonds are AAA rated, 5-year, with a 7.47% coupon.
Read More ⤵️
https://www.moneycontrol.com/news/business/companies/reliance-plans-1-3-billion-bond-in-first-sale-since-2023-14025349.html
-Reliance to raise 125 billion rupees via local bonds.
-Largest listed deal in the market this year.
-Bonds are AAA rated, 5-year, with a 7.47% coupon.
Read More ⤵️
https://www.moneycontrol.com/news/business/companies/reliance-plans-1-3-billion-bond-in-first-sale-since-2023-14025349.html
Moneycontrol
Reliance plans $1.3 billion bond in first sale since 2023- Moneycontrol.com
The company plans to raise the funds through AAA rated notes due in five years at a coupon of 7.47%, the people said, asking not to be identified as the details are private.
Why has Chandigarh suspended Uber, Rapido licences for six months?
Chandigarh suspends Uber & Rapido licenses.
Suspension for 6 months due to non-compliance.
Follows similar action against Ola and inDrive.
Read More ⤵️
https://www.moneycontrol.com/news/india/why-has-chandigarh-suspended-uber-rapido-licences-for-six-months-14025426.html
Chandigarh suspends Uber & Rapido licenses.
Suspension for 6 months due to non-compliance.
Follows similar action against Ola and inDrive.
Read More ⤵️
https://www.moneycontrol.com/news/india/why-has-chandigarh-suspended-uber-rapido-licences-for-six-months-14025426.html
Moneycontrol
Why has Chandigarh suspended Uber, Rapido licences for six months?- Moneycontrol.com
For commuters, the latest action could reduce the number of app-based transport options available in Chandigarh, while for drivers attached to the affected platforms, it could mean having to look at other authorised platforms during the suspension period.
NSE IPO likely to open on September 18, list on September 25: Sources
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https://www.moneycontrol.com/news/business/ipo/nse-ipo-likely-to-open-on-september-18-list-on-september-25-sources-14025497.html
Read More ⤵️
https://www.moneycontrol.com/news/business/ipo/nse-ipo-likely-to-open-on-september-18-list-on-september-25-sources-14025497.html
Moneycontrol
NSE IPO likely to open on September 18, list on September 25: Sources- Moneycontrol.com
The nearly Rs 30,000-crore NSE IPO is likely to open for subscription on September 18 and list on September 25, with the price band expected to be announced on September 15.
Karamtara Engineering mobilises over Rs 262 crore via anchor book, Rs 875-crore IPO to open on September 9
-Karamtara Engineering mobilises over Rs 262 crore via anchor book
-Rs 875-crore IPO will open for public subscription on September 9
-IPO price band at Rs 241-254 per share
Read More ⤵️
https://www.moneycontrol.com/news/business/ipo/karamtara-engineering-mobilises-over-rs-262-crore-via-anchor-book-rs-875-crore-ipo-to-open-on-september-9-14025521.html
-Karamtara Engineering mobilises over Rs 262 crore via anchor book
-Rs 875-crore IPO will open for public subscription on September 9
-IPO price band at Rs 241-254 per share
Read More ⤵️
https://www.moneycontrol.com/news/business/ipo/karamtara-engineering-mobilises-over-rs-262-crore-via-anchor-book-rs-875-crore-ipo-to-open-on-september-9-14025521.html
Moneycontrol
Karamtara Engineering mobilises over Rs 262 crore via anchor book, Rs 875-crore IPO to open on September 9- Moneycontrol.com
Karamtara Engineering IPO | The company will open its Rs 875-crore IPO for public subscription on September 9, with a price band of Rs 241-254 per share. The offer will close on September 11.
Daily Voice: Corporate India structurally stronger than in past cycles; JM Financial's Dimplekumar Shah cites three reasons
- Corporate India is structurally stronger than in past cycles
- SMIDs remain particularly vulnerable to drawdowns on earnings disappointments
- Oil shock remains a tail risk rather than the baseline expectation
Read More:
https://www.moneycontrol.com/news/business/markets/daily-voice-corporate-india-structurally-stronger-than-in-past-cycles-jm-financial-s-dimplekumar-shah-cites-three-reasons-14025607.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- Corporate India is structurally stronger than in past cycles
- SMIDs remain particularly vulnerable to drawdowns on earnings disappointments
- Oil shock remains a tail risk rather than the baseline expectation
Read More:
https://www.moneycontrol.com/news/business/markets/daily-voice-corporate-india-structurally-stronger-than-in-past-cycles-jm-financial-s-dimplekumar-shah-cites-three-reasons-14025607.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Daily Voice: Corporate India structurally stronger than in past cycles; JM Financial's Dimplekumar Shah cites three reasons- Moneycontrol.com
Q2FY27 results will test margin resilience. A failure to deliver could raise second-half earnings expectations, likely prompting profit-booking and consolidation in stretched small-, mid- and large-cap (SMID) segments, JM Financial's Dimplekumar Shah said.
#MarketsWithMC | Trading Plan: Will Nifty 50 breach July low, Bank Nifty fall below 56,500 as oil prices near $100 a barrel?
More details 👇
https://www.moneycontrol.com/news/business/markets/trading-plan-will-nifty-50-breach-july-low-bank-nifty-fall-below-56-500-as-oil-prices-near-100-a-barrel-14025655.html
More details 👇
https://www.moneycontrol.com/news/business/markets/trading-plan-will-nifty-50-breach-july-low-bank-nifty-fall-below-56-500-as-oil-prices-near-100-a-barrel-14025655.html
Moneycontrol
Trading Plan: Will Nifty 50 breach July low, Bank Nifty fall below 56,500 as oil prices near $100 a barrel?- Moneycontrol.com
Nifty 50 is likely to break below its July low of 23,606, after which the 23,300 level is expected to act as the next support zone. On the upside, 23,800 is likely to be the immediate resistance, followed by 24,000, which is expected to act as crucial hurdle.
🚨 Cognizant faces US green card suspension as Labor watchdog hints at wider IT crackdown
-Cognizant's PERM filings suspended by US Labor Dept.
-Part of broader fraud crackdown on US workers.
-Suspension affects green card sponsorships for employees.
Read More:
https://www.moneycontrol.com/news/business/information-technology/cognizant-faces-us-green-card-suspension-as-labor-watchdog-hints-at-wider-it-crackdown-14025610.html
-Cognizant's PERM filings suspended by US Labor Dept.
-Part of broader fraud crackdown on US workers.
-Suspension affects green card sponsorships for employees.
Read More:
https://www.moneycontrol.com/news/business/information-technology/cognizant-faces-us-green-card-suspension-as-labor-watchdog-hints-at-wider-it-crackdown-14025610.html
Moneycontrol
Cognizant faces US green card suspension as Labor watchdog hints at wider IT crackdown- Moneycontrol.com
The inspector general’s comments, however, do not by themselves establish that Cognizant committed fraud or violated US immigration laws. The nature and scope of the investigation, as well as the reasons for the suspension, were not detailed.
📊 6 IPOs open today: Rentomojo vs Manipal Payment vs Karamtara Engineering vs LCC Projects vs ARCIL vs Steamhouse India; should you apply?
* Six mainboard IPOs open for subscription today.
* Manipal Payment & Rentomojo IPOs among biggest offerings.
* All six IPOs will remain open for subscription until Sept 11.
Read More:
https://www.moneycontrol.com/news/business/ipo/ipo-gmp-today-rentomojo-karamtara-enggineering-lcc-projects-steamhouse-asset-reconstruction-manipal-cards-subsctiption-status-review-14025844.html
* Six mainboard IPOs open for subscription today.
* Manipal Payment & Rentomojo IPOs among biggest offerings.
* All six IPOs will remain open for subscription until Sept 11.
Read More:
https://www.moneycontrol.com/news/business/ipo/ipo-gmp-today-rentomojo-karamtara-enggineering-lcc-projects-steamhouse-asset-reconstruction-manipal-cards-subsctiption-status-review-14025844.html
Moneycontrol
IPO Rush: Rentomojo, LCC Projects, Karamtara fully subscribed on Day1; ARCIL, Steamhouse, Manipal Payment lag- Moneycontrol.com
Rentomojo had the highest Day 1 subscription among the six, at 1.42x, with bids for 3.08 crore shares against 2.18 crore shares on offer.
Closing bell 🔔| Sensex closes 800 pts lower, Nifty ends below 23,450: Surging crude prices among key factors behind market decline
Details here⤵️
https://www.moneycontrol.com/news/business/markets/sensex-down-500-pts-nifty-near-23-500-surging-crude-prices-among-key-factors-behind-market-decline-14025781.html
Details here⤵️
https://www.moneycontrol.com/news/business/markets/sensex-down-500-pts-nifty-near-23-500-surging-crude-prices-among-key-factors-behind-market-decline-14025781.html
🚨📱 The iPhone 18 is almost here, but Apple could be changing more than just the specs.
The A20 Pro chip could move to 2nm, the Pro models may get a variable-aperture camera, battery life could get a boost and the Dynamic Island may finally shrink.
What's actually changing with the iPhone 18 and how much could you have to pay for it?
👉 Swipe through for the key upgrades, expected specs and price here: https://www.instagram.com/p/DdEJBzEiErw/?utm_source=ig_web_copy_link&stkn=MzRlODBiNWFlZA==
The A20 Pro chip could move to 2nm, the Pro models may get a variable-aperture camera, battery life could get a boost and the Dynamic Island may finally shrink.
What's actually changing with the iPhone 18 and how much could you have to pay for it?
👉 Swipe through for the key upgrades, expected specs and price here: https://www.instagram.com/p/DdEJBzEiErw/?utm_source=ig_web_copy_link&stkn=MzRlODBiNWFlZA==
#MarketsWithMC | Wall Street futures indicate weak start to US equities as oil breaches $100 mark; Nasdaq futures drop 0.6%
Nasdaq 100 futures fell 0.7 per cent, while S&P 500 futures slipped 0.45 per cent. Dow futures declined 0.75 per cent.
Read here:
https://www.moneycontrol.com/news/business/markets/wall-street-futures-indicate-weak-start-to-us-equities-as-oil-breaches-100-mark-nasdaq-futures-drop-0-6-14026322.html
Nasdaq 100 futures fell 0.7 per cent, while S&P 500 futures slipped 0.45 per cent. Dow futures declined 0.75 per cent.
Read here:
https://www.moneycontrol.com/news/business/markets/wall-street-futures-indicate-weak-start-to-us-equities-as-oil-breaches-100-mark-nasdaq-futures-drop-0-6-14026322.html
Moneycontrol
Wall Street futures indicate weak start to US equities as oil breaches $100 mark; Nasdaq futures drop 0.7%- Moneycontrol.com
Nasdaq 100 futures fell 0.7 percent, while S&P 500 futures slipped 0.45 percent. Dow futures declined 0.75 percent.
SEBI lifts ban on JPMorgan unit in index manipulation charge
-India lifted trading ban on JPMorgan unit.
-Unit deposited 29.6M rupees for alleged gains.
-Market manipulation investigation continues.
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/sebi-lifts-ban-on-jpmorgan-unit-in-index-manipulation-charge-14025979.html
-India lifted trading ban on JPMorgan unit.
-Unit deposited 29.6M rupees for alleged gains.
-Market manipulation investigation continues.
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/sebi-lifts-ban-on-jpmorgan-unit-in-index-manipulation-charge-14025979.html
Moneycontrol
SEBI lifts ban on JPMorgan unit Copthall, Mansi over index manipulation charge; CAS restriction stays- Moneycontrol.com
Both entities continue to remain barred from participating in the equity segment’s CAS, directly or indirectly, until further orders
India-China ties can benefit world, send signal against US unilateralism: Jeffrey Sachs
-Indo-China ties aid world, balance US unilateralism.
-Sachs criticizes US dollar use, sees BRICS as alternative.
-BRICS should take clear stance on West Asia, Iran.
Read More:
https://www.moneycontrol.com/news/business/economy/india-china-ties-can-benefit-world-send-signal-against-us-unilateralism-jeffrey-sachs-14026335.html
-Indo-China ties aid world, balance US unilateralism.
-Sachs criticizes US dollar use, sees BRICS as alternative.
-BRICS should take clear stance on West Asia, Iran.
Read More:
https://www.moneycontrol.com/news/business/economy/india-china-ties-can-benefit-world-send-signal-against-us-unilateralism-jeffrey-sachs-14026335.html
Moneycontrol
India-China ties can benefit world, send signal against US unilateralism: Jeffrey Sachs- Moneycontrol.com
Economist Jeffrey Sachs said closer India-China ties and stronger BRICS cooperation could benefit the global economy and challenge what he described as US claims of unipolar dominance.
FIIs account for 24% of secondary-market selling into primary issues in 12 months
-FIIs sold a net Rs 3.38 lakh crore of equities in secondary market in 12 months through August
-FIIs invested about Rs 80,000 crore in IPOs, QIPs and other primary issuances
-FII ownership of Indian equities fell to 14.2% in August 2026 from 20 percent in August 2016
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/fiis-account-for-24-of-secondary-market-selling-into-primary-issues-in-twelve-months-14026342.html
-FIIs sold a net Rs 3.38 lakh crore of equities in secondary market in 12 months through August
-FIIs invested about Rs 80,000 crore in IPOs, QIPs and other primary issuances
-FII ownership of Indian equities fell to 14.2% in August 2026 from 20 percent in August 2016
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/fiis-account-for-24-of-secondary-market-selling-into-primary-issues-in-twelve-months-14026342.html
Moneycontrol
FIIs account for 24% of secondary-market selling into primary issues in 12 months- Moneycontrol.com
FIIs sold a net Rs 3.38 lakh crore ($36.5 billion) of equities in the secondary market in the 12 months through August, while investing about Rs 80,000 crore ($8.7 billion) in IPOs, QIPs and other primary issuances.
Apple Store goes down ahead of Apple 'Surprise and Shine' event where iPhone 18 Pro is expected to get announced
Read More ⤵️
https://www.moneycontrol.com/technology/apple-store-down-ahead-of-apple-surprise-and-shine-event-where-iphone-18-pro-is-expected-to-get-announced-article-14026419.html
Read More ⤵️
https://www.moneycontrol.com/technology/apple-store-down-ahead-of-apple-surprise-and-shine-event-where-iphone-18-pro-is-expected-to-get-announced-article-14026419.html
Moneycontrol
Apple Store goes down ahead of Apple 'Surprise and Shine' event where iPhone 18 Pro is expected to get announced- Moneycontrol.com
Apple has taken its online store offline ahead of the “Surprise and Shine” event, fuelling speculation that the iPhone 18 Pro and Pro Max are about to be unveiled alongside several other products.
Apple unveils iPhone 18 Pro and iPhone 18 Pro Max
Read More ⤵️
https://www.moneycontrol.com/technology/apple-unveils-iphone-18-pro-and-iphone-18-pro-max-article-14026473.html
Read More ⤵️
https://www.moneycontrol.com/technology/apple-unveils-iphone-18-pro-and-iphone-18-pro-max-article-14026473.html
Moneycontrol
Apple iPhone 18 Pro and iPhone 18 Pro Max launched: Price, features and more- Moneycontrol.com
Apple has launched the iPhone 18 Pro and iPhone 18 Pro Max in India, bringing a new variable-aperture camera, A20 Pro chip, longer battery life and Siri AI. The Pro models start at Rs 1,64,900 in India.
Asian stocks fall as oil stokes inflation fears
The 10-year Treasury yield was steady in Asian trading after rising Wednesday as the US government’s plan to buy up to $6 billion of longer-dated debt disappointed some investors who had expected a larger increase.
Read More:
https://www.moneycontrol.com/news/business/asian-stocks-fall-as-oil-stokes-inflation-fears-14026571.html
The 10-year Treasury yield was steady in Asian trading after rising Wednesday as the US government’s plan to buy up to $6 billion of longer-dated debt disappointed some investors who had expected a larger increase.
Read More:
https://www.moneycontrol.com/news/business/asian-stocks-fall-as-oil-stokes-inflation-fears-14026571.html
Moneycontrol
Asian stocks fall as oil stokes inflation fears- Moneycontrol.com
The 10-year Treasury yield was steady in Asian trading after rising Wednesday as the US government’s plan to buy up to $6 billion of longer-dated debt disappointed some investors who had expected a larger increase.
Apple hikes iPhone prices in India: iPhone 17 now starts at Rs 99,900, 18 Pro models see up to 22% jump
Read More:
https://www.moneycontrol.com/technology/apple-hikes-iphone-prices-in-india-iphone-17-now-starts-at-rs-99-900-iphone-18-pro-models-see-up-to-22-jump-article-14026536.html
Read More:
https://www.moneycontrol.com/technology/apple-hikes-iphone-prices-in-india-iphone-17-now-starts-at-rs-99-900-iphone-18-pro-models-see-up-to-22-jump-article-14026536.html
Moneycontrol
Apple hikes iPhone prices in India: iPhone 17 now starts at Rs 99,900, 18 Pro models see up to 22% jump- Moneycontrol.com
The iPhone 18 Pro starts at Rs 1,64,900, compared with Rs 1,34,900 for the iPhone 17 Pro, marking a 22% increase. The iPhone 18 Pro Max starts at Rs 1,79,900, up 20% from Rs 1,49,900 for the iPhone 17 Pro Max. The price increases in India are significantly…
#MCExclusive | Apple iPhone Duo to lift India revenue but price hikes across models to impact sales
-Apple's iPhone Duo enters India's foldable market.
-Duo expected to capture 24% of India's foldable market.
-Steep price hikes may reduce Apple's overall shipments.
Read:
https://www.moneycontrol.com/technology/apple-iphone-duo-to-lift-india-revenue-but-price-hikes-across-models-to-impact-sales-article-14026791.html
-Apple's iPhone Duo enters India's foldable market.
-Duo expected to capture 24% of India's foldable market.
-Steep price hikes may reduce Apple's overall shipments.
Read:
https://www.moneycontrol.com/technology/apple-iphone-duo-to-lift-india-revenue-but-price-hikes-across-models-to-impact-sales-article-14026791.html
Moneycontrol
Apple iPhone Duo to lift India revenue but price hikes across models to impact sales- Moneycontrol.com
The Duo could help double India’s foldable smartphone market by 2027. Analysts expect around 200,000 units to sell in its first full year, capturing a 20% market share for Apple’s first foldable