Good morning!
The GIFT Nifty was trending higher at 25,106 as of 7:30 a.m., indicating a positive open for the benchmark Nifty 50.
Asian equity benchmarks rose, following tracking gains in the US stocks on Thursday. US index futures traded with flat, with marginal gains of 0.02% while Euro Stoxx 50 futures up 0.24%.
Catch all the live updates on stock market developments here.
Markets On Home Turf
The Nifty extended its rally for the seventh consecutive session on Thursday, making it the best rally of gains since April 2025, while the Sensex closed in the green with little change.
The NSE Nifty 50 settled 32.4 points or 0.13% higher at 25,005.50 and the BSE Sensex closed 123.58 points or 0.15% up at 81,548.73.
The Nifty rose as much as 0.26% during the day to 25,005.50, while the Sensex was up 0.27% to 81642.22.
Wall Street Recap
Wall Street witnessed a strong rally on the back of multiple tailwinds, including a relatively tame inflation reading as well as more signs of jobs cooling.
Moreover, there is spceulation the Federal Reserve will slash interest rates for the first time this year.
That was enough to boost Teasuries, with the 10-year yield briefly breaching 4%, reports Bloomberg. All major US equity benchmarks, meanwhile, hit record highs while a measure of small caps jumped 1.8%.
Warner Bros. Discovery was a notable gainer, closing with gains of up to 29% amid reports of a potential bid from Paramount Skydance.
Also Read: US Stock Markets Today: S&P 500 Hits New Record Post Fresh Inflation Data; Oracle Shares Decline
Asia Market Update
Asian benchmarks, meanwhile, joined a global equity rally on account on the aforementioned tailwinds, including hopes of a potential rate cut from the US Federal Reserve next week.
MSCI’s gauge of Asian shares rose for a seventh day and neared a fresh record, after the S&P 500 and Nasdaq 100 indexes both recorded fresh highs.
Commodities Check
Oil fell for a second day as a worsening market outlook undercut concerns about potential geopolitical disruptions, Bloomberg reported.
Gold, on the other hand, eclipsed its inflation-adjusted peak set more than 45 years ago,. This comes on the back of growing anxiety about the US’s economic trajectory.
The spot price of gold has surged about 5% so far this month, with prices hitting an all-time high of $3,674.27 an ounce on Tuesday.
It has set more than 30 nominal records already in 2025, but the latest leg of the rally has taken it through an inflation-adjusted peak set on Jan. 21, 1980, when prices topped out at $850.
Also Read: Gold Price Hovers Near Rs 1,10,000 Mark — Check Rates In Delhi, Mumbai, Chennai, Other Cities
Key Events To Watch
SEBI Chairman Tuhin Kanta Pandey to address media in Mumbai after board meeting.
4pm: India Aug. Consumer Price Inflation data Y/Y; est. 2.12%, prior 1.55%
Prime Minister Narendra Modi will speak at the international conference on Gyan Bharatam in New Delhi
Stocks In News
Indian Renewable Energy Development: The company has raised Rs 453 crore by issuing perpetual bonds at a rate of 7.70% per annum.
NIIT Learning Systems: The company has been named one of the Top 20 Experiential Learning Technologies Companies for 2025 by Training Industry, Inc.
Piramal Enterprises: The company has received all necessary regulatory approvals for its Scheme of Merger, following a sanction order from the National Company Law Tribunal.
Sandur Manganese & Iron Ores: The company's Memorandum of Association has been altered to increase its authorised share capital to Rs 600 crore, divided into 60 crore equity shares with a face value of Rs 10 each.
JBM Auto: The company’s arm JBM Ecolife Mobility has secured a $100 million capital investment from the International Financial Corporation.
JSW Infrastructure: The company’s arm JSW Port Logistics has acquired a brownfield rail siding project located in Kudathini, Ballari, Karnataka.
Infosys: The company has entered into a ten-year strategic alliance with HanesBrands to leverage AI-first platforms and generative AI technologies to drive efficiency, modernise core operations, and simplify the company’s IT landscape. The company approves a buyback worth Rs 18,000 crore, which represents 2.41% of the equity.
Crompton Greaves Consumer Electricals: The company has launched a new B2C lighting product named "Laser Ray DMaxx 60W Batten."
Travel Food Services: The company has won a new contract to operate 11 quick service restaurant outlets and one lounge and bar in the domestic terminal (T1) of the Cochin International Airport.
NBCC: The company signs MoU with RIICO for projects valued Rs 3,700 crore.
Bharat Forge: The company along with Windracers announce strategic MoU to advance UAV operations in India at DSEI UK 2025. The company’s arm Kalyani Strategic Systems has signed a landmark, first-of-its-kind contract with Gradeone subsidiary MP3 International to supply large calibre 155mm howitzer barrels and other critical spare parts to the UAE.
Marico: The company has entered into a definitive agreement to acquire the remaining 46.02% of the paid-up share capital of HW Wellness Solution, the owner of the brand “True Elements.”
Cohance Lifesciences: The company updates that USFDA has completed a general current good manufacturing practices audit of the company’s API manufacturing facility in Jaggaiahpet, Andhra Pradesh, concluded with zero Form 483 observations.
String Metaverse: The company sells its entire stake in arm String AI IFSC to Axill LLC for Rs 1.8 crore.
Texmaco Rail: The company updates on amalgamation with Texmaco West Rail.
Sattva Engineering: The company gets an award of contract for Rs 125 crore order from Chennai Metropolitan Water Supply & Sewerage Board.
Indian Overseas Bank: The company updates on cuts in overnight MCLR by five basis points to 8%.
GMR Power Infra: The company informs that SC upholds tribunal ruling in favour of arm GMR Kamalanga Energy on coal allocation, Supreme Court dismisses appeals by two discoms against the company.
JSW Energy: The company has successfully commissioned 317 MW of renewable energy capacity with hydro capacity of 240 MW, solar capacity of 34 MW and wind capacity of 43 MW, taking the installed capacity to 13,097 MW.
Mahindra & Mahindra: The company’s arm Mahindra Holdings has acquired the entire stakes in Mahindra & Mahindra Contech and PSL Media & Communications from Prudential Management & Services.
HFCL: The company has received approval from the Government of Andhra Pradesh for the allotment of 1,000 acres of land in Sri Sathya Sai District to set up defence manufacturing facilities.
Rupa & Company: The company has issued and allotted 1,000 commercial papers, each with a face value of Rs 5 lakh, totaling Rs 50 crore at an annual discount rate of 6.28% to meet its working capital needs.
Brainbees Solutions: The company has made a second tranche investment of Rs 73 crore in its subsidiary Globalbees Brands by subscribing to 2,220 compulsory convertible preference shares. This investment increases the company's shareholding in Globalbees from 51.12% to 51.51%.
Vintage Coffee: The company approves allotment of 1.43 crore shares to NII & QIB, also approves allotment of 19 lakh fully convertible warrants to promoters & NIB.
NLC India: The company signs MoU with Khanij Bidesh India to develop critical & strategic mineral projects.
Insolation Energy: The company incorporates four wholly-owned arms as special purpose vehicles to set up solar power plants.
Lodha Developers: The company along with the Maharashtra government has signed a memorandum of understanding for a Rs 30,000 crore investment to develop a green integrated data centre park in Palava, Mumbai.
Stanley Lifestyles: The company has decided to revise its product prices across its 'Sofas & More' retail format with effect from September 12, 2025, with the price decrease being attributed to the upcoming festive season.
Sirca Paints India: The company's board of directors has approved the allotment of 19.84 lakh equity shares at an issue price of Rs 379.50 each to the non-promoter group.
5Paisa Capital: The company reports that SEBI has issued a show-cause notice to the company, as it failed to pay the prescribed fee for registration certificate as research analyst.
Insolation Energy: The company’s arm Insolation Green Energy gets an order worth Rs 143 crore for supply of solar modules from Zetwerk Manufacturing Businesses.
Consolidated Construction: The company gets multiple orders worth Rs 180 crore for construction of buildings & factories.
JTL Industries: The company updates that Atul Garg resigns as chief financial officer and the company appoints Naveen Kumar Laroiya as CFO.
Shriram Piston: The company’s arm SPR Engenious’s shareholding in SPR EMF Innovations now stands at 72.58% post issue and allotment of shares.
IPO Offering
Shringar House of Mangalsutra: The company manufactures and designs Mangalsutra in India. The public issue was subscribed to 8.24 times on day two. The bids were led by QIBS (0.86 times), non-institutional investors (14.81 times), retail investors (9.62 times), Employees (24.06 times).
Dev Accelerator: The company provides flexible office spaces, including co-working environments. The company's business model focuses on providing flexible workspace solutions tailored to the evolving needs of modern businesses. The public issue was subscribed 16.08 times on day two. The bids were led by Qualified institutional investors (2.40 times), non-institutional investors (15.36 times), retail investors (59.31 times), Employees (6.16 times).
Urban Company: Urban Company is a technology-driven, full-stack online marketplace offering home and beauty services. The public issue was subscribed to 9.00 times on day two. The bids were led by Qualified institutional investors (1.48 times), non-institutional investors (18.22 times), retail investors (17.68 times), Employees (13.45 times)
Bulk & Block Deals
Bajel Projects: HDFC Mutual Fund sold 22 lakh shares at an average price of Rs. 195.19 apiece
Rajratan Global Wire: Kishan Gopal Mohta bought 2.84 lakh shares at Rs. 341.56 apiece
Corporate Actions
Interim Dividend: Bhansali Engineering Polymers, Bharat Rasayan, Caplin Point Laboratories, Garden Reach Shipbuilders & Engineers, Tatva Chintan Pharma Chem, RHI Magnesita India, Techno Electric & Engineering, HeidelbergCement, Mastek, Cochin Shipyard, Sanghvi Movers
Rights Issue: NDTV
Pledge Shares Details
Alembic Pharmaceuticals: Chirayu Ramanbhai Amin, promoter group, acquired 25,000 shares.
Sterlite Technologies: Ankit Agarwal, promoter group, acquired 3.4 lakh shares.
Sigachi Industries: Amit Raj Sinha, promoter, disposed 73 lakh shares.
Usha Martin: Peterhouse Investments, promoter group, disposed 1.5 lakh shares.
Choice International: Shreeyam Trade Dynamics, promoter group, acquired 2.5 lakh shares.
Paisalo Digital: Equilibrated Venture CFlow, promoter group, acquired 45 lakh shares.
F&O Cues
Nifty Sep futures is up by 0.15% to 25,110 at a premium of 105 points.
Nifty Sep futures open interest down by 0.98%.
Nifty Options Sept. 16 Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,000.
Securities in ban period: RBL Bank, Oracle Financial Services Software
Currency/Bond
The rupee settled 34 paise lower at 88.44 against the US dollar on Thursday. The yield on the 10-year bond, went down one basis point to close at 6.47%.
RECOMMENDED FOR YOU
Infosys Buyback: US SEC Gives Exemptive Relief For Record Rs 18,000 Crore Share Repurchase
Sep 12, 2025
Stock Market Today: All You Need To Know Going Into Trade On Sept. 11
Sep 11, 2025
Stock Market Today: All You Need To Know Going Into Trade On Sept. 9
Sep 09, 2025
Stock Market Today: All You Need To Know Going Into Trade On Sept. 4
Sep 04, 2025
POPULAR