Business
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Ahead of Market: 10 things that will decide stock market action on Monday
Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment.
MCX electricity futures clock record Rs 245 crore turnover as OI touches all-time high
MCX electricity futures celebrated a milestone on September 4, reaching a historic turnover of Rs 245 crore. The contract not only recorded its highest volume and open interest but also demonstrated notable growth in average daily volume this fiscal year. This surge reflects a robust market interest and expanded initiatives for managing price risks, as evidenced by consistent trading activity across all expiry months.
Delhi School Holiday: Institutions in national capital to remain shut on September 11 — All you need to know
Delhi schools will be closed on September 11 for the BRICS Summit preparations. The closure affects all government and recognised private schools, with offices under the Directorate of Education also closed.
Krakatau volcano eruption: Volcanic ash forces suspension of over 300 flights at Jakarta's Soekarno-Hatta airport
Krakatau volcano eruption disrupted air travel in Indonesia, with 209 flights suspended at Jakarta's Soekarno-Hatta International Airport after volcanic ash was detected nearby. The eruption also affected schools and fishing activities in Java and Sumatra.
‘I starve every day’: McDonald's India's official X account gets compromised, ‘unpaid’ employee posts on social media
On 6 September, McDonald's India's X account was hijacked and used to post allegations from an unpaid intern about salary issues. The bizarre incident gained attention with memes.
16 IPOs on investors' radar next week. GMPs signal up to 38% returns
A total of 16 IPOs across mainboard and SME segments are scheduled to launch next week, including Rentomojo and Kanohar Electricals. Grey market premium trends signal positive investor sentiment, with listing gains expected up to 38% led by Rentomojo's high subscription interest.
One month of CAS: How 4 expiry days turned into a 6,000-point Sensex scare for investors
Sebi's latest initiative, the Closing Auction Session, has introduced complexities for Sensex options traders, especially on expiry days. Sharp movements seen during the auction period have caused significant agitation among traders. The newly discovered closing price from this session now governs derivative contracts, intertwining cash market volatility with options values.
Toll fraud: ED busts 100 plazas using ‘Mobdata’ & ‘Any’ apps to siphon crores from non-FASTag vehicles
During the raids, the agency seized approximately ₹1.03 crore in cash, alongside account books, bank documents, and digital devices. Additionally, eight bank accounts linked to the fraudulent operations were frozen.
Shiv Sena workers allegedly attacked doctors, hospital staff in Palghar, police files complaint
Shiv Sena workers allegedly assaulted and threatened doctors and hospital staff in Palghar over a ₹19,866 medical bill. Police have named at least 17 people in the case. The incident has sparked outrage among political leaders and the medical fraternity.
10 midcap stocks with over 150% profit growth in Q1FY27
Data from StockEdge shows top 10 NSE midcap stocks that reported over 150% YoY net profit growth in the Q1FY27 June quarter. Glenmark Pharmaceuticals, Bharat Dynamics, and Poonawalla Fincorp led the surge with strong financial performance compared to the same period in the previous fiscal year.
Delhi Metro warns influencers against filming viral phone-sticking reels: ‘Necessary action shall be taken’
The Delhi Metro Rail Corporation has issued a warning to social media creators filming viral videos that involve attaching mobile phones to Metro train windows, saying the practice could cause injuries, inconvenience passengers and damage devices.
From breaking barriers to picking stocks: Muriel Siebert’s investment wisdom
Muriel Siebert, the first woman to buy a seat on the New York Stock Exchange, broke financial barriers while shaping sound investment principles. Her core strategy stresses financial discipline, thorough company research, long-term horizon, diversification and avoiding speculative stock tips to achieve lasting success in volatile stock markets.
Looking for value in penny stocks? 6 names with high PBV under Rs 10 soar up to 1,500%
Penny stocks with appealingly low price-to-book ratios have made remarkable strides, effectively doubling the wealth of cautious investors over the last year. Bhagawati Gas has distinguished itself with a notable rise in its share price. While a few companies experienced drops in revenue, others triumphantly announced profit growth. Investors must prudently evaluate corporate governance and asset quality before diving into these opportunities.
Quote of the day by iconic baseballer Satchel Paige on approach to life: 'Work like you don't need….'
Satchel Paige's quote emphasizes that one should live life passionately and fearlessly. It encourages work for fulfillment love without fear, and enjoy life freely without fear of judgment
How PGIM India's Rs 112 crore Healthcare Fund picks CDMO stocks to generate alpha
PGIM India Healthcare Fund generated a 22% return over the past year by over-allocating to high-growth segments like CDMO, specialty pharma, and hospitals. Anandha Padmanabhan shares insights on navigating hospital capacity expansions, China-plus-one opportunities, GLP-1 dynamics, and key stock-selection strategies across healthcare sub-sectors.
ISRO employees write to chairperson, seeking clarification over proposed plan to transfer ops; Congress slams Centre
At least nine employee associations at ISRO have written to Chairperson V Narayanan, seeking clarification about their future at the agency, which is reportedly planning to transfer some of its operations to private companies. Congress has slammed the Centre over the proposed transfer.
FPIs resume selling; pull out Rs 7,443 cr from equities in first week of Sep
September witnessed a notable outflow of Rs 7,443 crore from Indian equities as foreign investors retracted their investments, a stark contrast to the previous months' inflows. Contributing factors include increasing crude oil prices and robust US bond yields affecting investor confidence. Meanwhile, India's primary market still captivates foreign funds, showing resilience in attracting capital.
US-Iran war: Could ‘gold on lease’ cost Iranians heavily? What expert warned as Trump steps up economic campaign
Iran has been reeling under a deep economic crisis, with the US launching 'Operation Economic Outcast' this month, pressuring the Islamic Republic to extract concessions in any future negotiation that six months of conflict have so far failed to secure.
