Business Standard

Nomura maintains its bearish medium-to-long-term outlook on crude oil, citing the potential for the largest-ever global oil surplus in 2027E based on IEA forecasts.

Suryoday Small Finance Bank is offering rates of up to 8.25% for general citizens and 8.50% for senior citizens, while Shivalik Small Finance Bank offers up to 8.00% for general citizens.

At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 65.22 points or 0.08% to 77,724.11. The Nifty 50 index fell 39.45 points or 0.16% to 24,296.25.

Sai Parenterals rallied 3.33% to Rs 544.15 after the company announced that its subsidiary, Noumed Pharmaceuticals, has renewed its OTC Medicines Supply Agreement with one of Australia's leading multi-billion-dollar pharmacy chains.

Dhanwel Hybrid Seeds traded at Rs 94.05 on the BSE, a 5% discount to the issue price of Rs 99.

A low-pressure area over the northwest Bay of Bengal is likely to continue influencing rainfall activity over eastern and central India

Indian Metals & Ferro Alloys gained 1.25% to Rs 1394.10 after the company said that the first tapping of hot metal from the first furnace in the greenfield ferro chrome expansion Project in Kalinganagar (KNR-1) had commenced yesterday.

Shares of Gaja Alternative Asset Management were currently trading at Rs 179.90 at 10:12 IST on the BSE, representing a premium of 12.44% as compared with the issue price of Rs 160.

Billionbrains Garage Ventures, the parent company of Groww, fell 3.19% to Rs 196.54 after around 12.75 crore shares, or about 2.1% equity, changed hands in a block deal worth around Rs 2,500 crore.

Eternal share price: The stock price of a food delivery (FD) and quick commerce (QC) platform company quoted at its highest level since October 2025.

Also signs power purchase agreement with Sunsure Solarpark

Tavexia Lifecare has expanded into the pharmaceutical business as an additional growth vertical, strengthening its broader presence in the healthcare and lifecare ecosystem. The move forms part of the Company's growth and diversification strategy while its existing lifecare business remains at the core of its operations.

MTAR Technologies added 1.23% to Rs 7011.20 after the company said that it has secured orders worth Rs 126.7 crore for the supply of coolant channel assemblies for the refurbishment of the RAPS-4 and MAPS-2 reactors.

The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.

The Department of Homeland Security (DHS) has initiated the process to propose a new regulation that would revise the H-1B program

Subsidies can help India build component factories. But can Indian manufacturers match global competitors on cost, scale and efficiency when government support ends? Experts explain

Reported sales nil

At 09:30 IST, the barometer index, the S&P BSE Sensex, jumped 280.14 points or 0.37% to 77,944.96. The Nifty 50 index added 24.60 points or 0.11% to 24,356.30.

Max Estates added 2.60% to Rs 570.30 after the company announced that its board will meet on Friday, 28 August 2026, to consider the issue of equity shares through a preferential issue.

APL Apollo Tubes Ltd has added 14.78% over last one month compared to 5.77% gain in BSE Metal index and 1.37% rise in the SENSEX

Godrej Properties Ltd has added 0.11% over last one month compared to 2.53% gain in BSE Realty index and 1.37% rise in the SENSEX

In the Hindustan Copper OFS, the government is selling over 5.80 crore shares or up to 6 per cent (including a 3 per cent green shoe option) at a floor price of 514 apiece.

In the global market, gold was trading near $4,700 per ounce on Comex, while silver was around $69 per ounce

The project will evacuate renewable power from Karnataka to Maharashtra and support pumped storage projects in Satara, Pune and MMR

OpenAI says its first custom inference chip can deliver more AI work per watt while reducing response times, as it moves towards deploying its own silicon alongside Nvidia and other accelerators

The project, to be delivered within 36 months, will add 562 circuit kilometres of transmission lines and 9,000 MVA of transformation capacity to the company's portfolio

The 9-km elevated stretch connects DND Flyway with the Delhi-Mumbai Expressway, offering faster routes to Faridabad, Ballabhgarh and Sohna while easing traffic on Delhi's existing roads

The slowdown in NFOs is more to do with the product suite being complete rather than concerns on the market's trajectory, Setalvad said.

The Trump administration has paused immigrant visa applications worldwide for consular officer training, delaying scheduled interviews as the US steps up checks on visa applicants

Adani Energy Solutions (AESL) won a key transmission project for evacuation of renewable energy generated in Karnataka to major load centres in Maharashtra. The project, which entails an estimated capital expenditure of ~Rs 4,700 crore, will also support the growing pumped storage ecosystem in the Satara, Pune and Mumbai Metropolitan Region (MMR).

According to the Reserve Bank of India's holiday calendar, August 26 is a bank holiday at several RBI centres under the Negotiable Instruments Act.

The Nifty August expiry delivered the most constructive positioning setup in four months, with improving rollover, rising carry and broader sectoral leadership, says Systematix in its F&O report.

Rice dominates trade between the two countries, accounting for nearly two-thirds of India's $1.25 billion in exports to Iran in the fiscal year-ended March

Gaja Alternative Asset Management will list on the stock exchanges today. The IPO was subscribed 31.33 times. The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer. The issue opened for bidding on 19 August 2026 and it closed on 21 August 2026.

Sales decline 5.06% to Rs 12.77 crore

Sales rise 35.19% to Rs 338.81 crore

GIFT Nifty:

Investors turned cautious ahead of Nvidia's 2nd-quarter earnings later in day, with their focus on whether the massive AI spending boom is sustainable and can turn profits that will satisfy markets

Monarch Surveyors and Engineering Consultants has received a contract worth Rs 10.40 crore from the Collector Office, Buldhana, Government of Maharashtra.

Decision to tighten animal acquisition rules at Vantara could ease scrutiny of Reliance Industries, as Mukesh Ambani seeks to limit reputational risks and ensure a smooth succession

India is expanding local electronics manufacturing, but it still relies heavily on imported chips and components. The new ECMS aims to boost domestic production and reduce this dependence

Trump and Carney were close to a possible deal, but talks broke down late Friday, and 50% tariffs on about $20 billion in Canadian goods came into effect just after midnight

As AI helps to improve efficiency, customers could demand 20%-25% lower fees for some of the work Hexaware accomplishes currently, CEO Srikrishna Ramakarthikeyan said

The sanctioning of Akane and a senior trial lawyer by the US marks the latest escalation of attacks on the court by Washington, which says the ICC has unfairly targeted the US and Israel

India is moving beyond assembly in several industries, yet gaps in critical components and upstream manufacturing continue to limit domestic value addition

The next phase of India's manufacturing push is moving beyond assembly to components, materials and equipment. Can policy support create a globally competitive ecosystem?

India has called on the international community to work collectively to safeguard critical sea lanes, emphasising that secure and predictable maritime trade routes are indispensable for uninterrupted movement of food, fertilisers and fuel. Food insecurity remains one of the gravest humanitarian consequences of armed conflict. Today's conflicts increasingly generate ripple effects far beyond the immediate theatre of hostilities, India's Permanent Representative to the UN Ambassador Harish Parvath

President Trump has submitted to Congress for review an agreement with Saudi Arabia aimed at bolstering the kingdom's civilian nuclear program, but continues to insist that it won't move forward if Saudi Arabia doesn't normalise relations with Israel, according to a Trump administration official. The classified document was submitted to Capitol Hill on Monday as required by the Atomic Energy Act, according to the administration official, a congressional aide, and two others familiar with the mat

Stocks to watch today: The offer for sale (OFS) by Hindustan Copper will open for retail investors today following an overwhelming demand seen on the first day.

Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while US West Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87