Page 2 - Markets
Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?
Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.
 "Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?")
CAS to be beneficial for ETFs, index funds, says DSP MF's Ghelani
The passive fund could account for 30 per cent of the total mutual fund industry, said Anil Ghelani, Head of Passive Investments & Products, DSP Mutual Fund
 "CAS to be beneficial for ETFs, index funds, says DSP MF's Ghelani")
Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation
Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.
 "Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation")
Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL
The Nifty India Defence index is up 27 per cent on a year-to-date (Y-T-D) basis. It remains higher by 30 per cent in a year.
 "Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL")
Tata Power falls 4% after $490 million arbitration challenge fails
The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.
 "Tata Power falls 4% after $490 million arbitration challenge fails")
Devyani, Sapphire Foods shares rise 3% after revision of merger scheme
Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.
 "Devyani, Sapphire Foods shares rise 3% after revision of merger scheme")
IPO frenzy: Why retail investors need to look beyond subscription, GMP buzz
What attracts retail investors to an IPO is primarily the buzz created around the issue on social media, grey markets, and the level of subscription.
 "IPO frenzy: Why retail investors need to look beyond subscription, GMP buzz")
Lumino Industries IPO: GMP at 60%; analysts recommend 'subscribe' tag
The shares of Lumino Industries are slated to list on BSE and NSE with a tentative date set as September 3.
 "Lumino Industries IPO: GMP at 60%; analysts recommend 'subscribe' tag")
Stocks to watch: ICICI Pru AMC, Tata Power, BEL, Adani Energy, GR Infra
Stocks to watch today: Navratna defence PSU Bharat Electronics Limited (BEL) has secured additional orders worth ₹730 crore since the last disclosure on August 10, 2026.
 "Stocks to watch: ICICI Pru AMC, Tata Power, BEL, Adani Energy, GR Infra")
40 of 53 listings in 2026 trade above IPO price; 3 double investors' money
Omnitech Engineering, SEDEMAC Mechatronics, and Shadowfax Technologies shares have more than doubled investors' money compared with their IPO issue price.
 "40 of 53 listings in 2026 trade above IPO price; 3 double investors' money")
Tech view: Nifty eyes 24,492; Vedanta, Nykaa among top bets by Jatin Gedia
Jatin Gedia expects Nifty to resume its uptrend towards 24,492, while maintaining a bullish view on Bank Nifty.
 "Tech view: Nifty eyes 24,492; Vedanta, Nykaa among top bets by Jatin Gedia")
SME IPOs: Sebi mulls regulatory reset; will this boost investor confidence?
MSMEs and SMEs account for nearly one-third of GDP, but they represent just 0.2 per cent of the country's overall equity market cap.
 "SME IPOs: Sebi mulls regulatory reset; will this boost investor confidence?")
IPO fundraising in FY27 trails last year despite July-August pickup
IPOs raised about ₹18,349 crore in July and ₹26,302 crore in August through August 26, together accounting for nearly 96 per cent of the FY27 fundraising so far.
 "IPO fundraising in FY27 trails last year despite July-August pickup")
Hindustan Zinc among 3 top stock picks by Bonanza for short term
Bonanza, recommends Hindustan Zinc, Bank of Maharashtra and Anthem based on strong technical setups and bullish momentum.
 "Hindustan Zinc among 3 top stock picks by Bonanza for short term")
IPO boom returns as July-August drive 69% of 2026 fundraising
July and August together accounted for 33 deals and ₹49,592 crore, or nearly 69 per cent of the total issue amount raised in the first eight months.
 "IPO boom returns as July-August drive 69% of 2026 fundraising")
NSE, PhonePe to lead IPO wave as 239 firms line up to list, say analysts
According to Prime Database data, 21 IPOs are opening in August, up from 12 in July. This marks a sharp spike from the first half of the year.
 "NSE, PhonePe to lead IPO wave as 239 firms line up to list, say analysts")
Axis Bank sees 'Death Cross' formation on chart; analyst flags key levels
Axis Bank displays a notable structural shift, with its 50-DMA crossing below its 200-DMA, confirming the formation of a classic 'Death Cross' on the daily chart, explains Mayank Jain of Share.Market.
 "Axis Bank sees 'Death Cross' formation on chart; analyst flags key levels")
Groww falls nearly 4% after two block trades; most active stock on NSE
Groww Stock: According to data compiled by Bloomberg, about 126.2 million shares of the stockbroking company changed hands in two block trades.
 "Groww falls nearly 4% after two block trades; most active stock on NSE")
Hindustan Zinc up 5% as Jefferies sees earnings boost on firm metal prices
Hindustan Zinc stock: Jefferies has raised the target price to ₹750 from ₹660 and retained a 'Buy' rating. The target implies an upside of 26 per cent from the previous close of ₹592.60.
 "Hindustan Zinc up 5% as Jefferies sees earnings boost on firm metal prices")
Gaja Capital shares make strong debut, list 16% above issue price
The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.
 "Gaja Capital shares make strong debut, list 16% above issue price")