Stock Market LIVE: GIFT Nifty Implies Positive Open; Apollo Hospitals, NSDL, Suzlon Energy Shares In Focus

With the current expansion plan, Regaal Resources Ltd. is confident it will grab the third top spot in the industry in terms of capacity, said Karan Kishorepuria, whole-time director. In terms of having the single plant, Regaal Resources will likely hold the top spot.

Medistep Healthcare IPO share allotment status is scheduled to be finalised on August 13. The initial public offering (IPO) of Medistep Healthcare Ltd. was oversubscribed 382.14 times on the third and final day of bidding on August 12.

• Ripe for a short term bounce

• Believe Indian equity mkt is poised for a short-term bounce after a sharp underperformance to MSCI EM over the last 12 mths

• Relative valuations back to average, domestic flows jumping considerably and a likely strong YoY numbers in September 2025 quarter due to low base are key reasons

• Potential trade dispute resolution with the US being the trigger

• The bounce, however, may not sustain for long due to the weak value vs growth equation and equity supply concerns

Markets across Japan, Hong Kong, and China were trading higher on Wednesday as traders bet on September rate cut in the US. Inflation data showed expected increase in price pressure in July which raised hopes for monetary easing.

The Nikkei 225 and CSI 300 were trading 1.30% and 0.30% higher, respectively as of 7:33 a.m.

Most US futures were trading higher in Asia trade session on Wednesday as hopes for for rate cut from the US Federal Reserve rose following expected inflation data.

The S&P 500 and Nasdaq 100 futures were trading 0.89% and 0.88% higher, respectively as of 7:28 a.m.

On Tuesday, the S&P 500 and Nasdaq 100 indices hit a record high.