Peers are building models and data centres at massive scale. Apple shipped a foldable iPhone instead, and the stock is still paying up for that choice.

Veegaland Developers IPO GMP signals a 10.71% listing gain on Day 2, with the issue subscribed 0.90 times so far.

LCC Projects leads the IPO listing-gain race on Day 3, ahead of Steamhouse India and Karamtara Engineering, as subscription closes today.

Rentomojo leads the IPO listing-gain race as Day 3 bidding ends today, with Asset Reconstruction and Manipal Payment trailing on latest GMP signals.

Officials said the seized consignment is suspected to have originated from Karnataka and was being distributed on a large scale across Maharashtra by the accused.

Brent futures rose after gaining more than 6% in the previous session, while West Texas Intermediate traded around $103.

SBI's direct NSE OFS falls to 15.97 million shares from 24.75 million in the DRHP, while SBI Capital Markets will sell 8.78 million shares, taking the two allocations to the same total.

The broader market was under pressure, while crude oil prices remained elevated, adding to concerns around inflation and the outlook for precious metals.

India will host the 18th BRICS Summit on September 12-13, with PM Modi focusing on multilateralism, Global South cooperation and global governance reforms, while leaders navigate geopolitical differences and strengthen ties.

Gold prices remained under pressure on Friday as MCX Gold October futures extended their recent decline, with the October futures contract touching Rs 1,50,695 per 10 grams.

The Nifty 50 traded 0.78% lower at 23,296.20, recovering 64.40 points from its day's low. The Sensex fell 0.72% to 74,365.15, but recovered 209.42 points from its intraday low.

Three factors are weighing on domestic equities: rising crude oil prices amid escalating US-Iran tensions, weakness across key sectors, and continuing selling pressure in the benchmarks.