Markets
Stock Market Close: Sensex snaps 2-day losing streak, gains 331 pts; Nifty at 24,176; IT shines
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.05 per cent and 0.2 per cent higher, respectively
 "Stock Market Close: Sensex snaps 2-day losing streak, gains 331 pts; Nifty at 24,176; IT shines")
World running short of Crude oil refined products, says Mirae Asset
US refineries are running near maximum capacity at 97.4 per cent, supported by strong export demand.
 "World running short of Crude oil refined products, says Mirae Asset")
Ola Electric share price surges 6% after new S1Z electric scooter launch
Ola Electric launches the S1Z, bringing its indigenous Bharat Cell LFP technology to affordable electric scooters.
 "Ola Electric share price surges 6% after new S1Z electric scooter launch")
Just Dial locked in upper circuit; stock spikes 10% in single session
Just Dial shares rose on high volume, trading at about 2.2 times the 30-day average volume. The stock also crossed its 50-day simple moving average, signalling improved near-term price momentum.
 "Just Dial locked in upper circuit; stock spikes 10% in single session")
Yatharth Hospital gains 6% to new high as Aster, Advent eye majority stake
Advent International and Blackstone-backed Aster DM Quality Care are in discussions to acquire a controlling stake in Yatharth Hospital.
 "Yatharth Hospital gains 6% to new high as Aster, Advent eye majority stake")
ESDS Software IPO sails through on 1st day, GMP at 77%; check reviews
ESDS Software Solution IPO price band is at ₹408 to ₹429 per share. Investors can apply in lots of 34 shares.
 "ESDS Software IPO sails through on 1st day, GMP at 77%; check reviews")
Gold outlook hinges on Warsh speech as hawkish Fed stance may weigh
A hawkish signal from Warsh could trigger further correction in gold towards the $4,500-$4,520 support zone, although downside may remain limited ahead of next week's US nonfarm payroll data.
 "Gold outlook hinges on Warsh speech as hawkish Fed stance may weigh")
₹900 crore buyback announcement sees GE Shipping shares gain over 3%
The Great Eastern Shipping Company has announced a share buyback programme worth ₹900 crore.
 "₹900 crore buyback announcement sees GE Shipping shares gain over 3%")
Silver faces downside risk as Warsh's Jackson Hole speech looms
The US merchandise-trade deficit widened in July from $101.40 billion to $118.80 billion, the largest since early last year, as imports surged.
 "Silver faces downside risk as Warsh's Jackson Hole speech looms")
Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake
Hero MotoCorp, the biggest shareholder in Bengaluru-based Ather Energy, held a 29.88 per cent stake as of August 25.
 "Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake")
Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS
Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.
 "Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS")
Multibagger on listing! Tempsens Instruments shares debut at 111% premium
Tempsens Instruments shares listed at ₹634 on the NSE, a premium of 111.33 per cent against the offer price of ₹300.
 "Multibagger on listing! Tempsens Instruments shares debut at 111% premium")
Markets not yet pricing in rate hike possibility: Aditya Khemka, InCred
A rate hike expectation should have taken the valuation below its historical average, as the earnings growth for the Nifty 50 has been below the historical average, says Khemka.
 "Markets not yet pricing in rate hike possibility: Aditya Khemka, InCred")
NBFCs enter new phase of cyclical recovery; MOFSL sees room for re-rating
MOFSL highlighted that the current earnings recovery is fundamentally different from periods when earnings upgrades were driven primarily by lower-than-expected credit costs.
 "NBFCs enter new phase of cyclical recovery; MOFSL sees room for re-rating")
Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more
Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.
 "Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more")
Nifty, Bandhan Bank: HDFC Securities' Nandish Shah recommends bear spreads
Shah's derivative strategies point to downside risk, with the Nifty bear put spread offering a maximum profit of ₹10,270, while the Bandhan Bank spread offers ₹10,620 profit.
 "Nifty, Bandhan Bank: HDFC Securities' Nandish Shah recommends bear spreads")
Stock Market Close: Sensex declines for 2nd day, ends 539 pts lower; Nifty settles at 24,091
Sensex Today | Stock Market Highlights,Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.1 per cent and 0.13 per cent down, respectively
 "Stock Market Close: Sensex declines for 2nd day, ends 539 pts lower; Nifty settles at 24,091")
Investing for the medium term? PL Capital favours these 3 sectors
Over the medium term (6-24 months), PL Capital said that it prefers large private banks, capital goods, and consumer durables.
 "Investing for the medium term? PL Capital favours these 3 sectors")
Tempsens IPO eyes blockbuster debut post 184x bids; what drove demand?
Tempsens Instruments' IPO garnered bids for 279.44 crore shares as against 1.51 crore shares on offer, resulting in a subscription of 184.07 times.
 "Tempsens IPO eyes blockbuster debut post 184x bids; what drove demand?")
HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit
On a year-to-date (YTD) basis, HDFC Bank has declined 28 per cent and remains 8 per cent lower than in the last five years.
 "HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit")