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Zerodha founder Nithin Kamath reports a significant rise in female users, with 30% of their customer base now women, a jump from just 2-3% in 2014-15. Encouragingly, about half of these women manage their own demat accounts.

CLSA warns that crude oil prices may rise to $100 if India stops Russian imports. India currently imports 36% of its crude oil from Russia. The US has imposed tariffs on Indian exports due to this reliance. CLSA estimates India s benefit from discounted Russian crude is only $2.5 billion. A disruption could strand 1% of global oil supply.

Jio Financial Services (JFS) revealed ambitious expansion plans at its AGM, showcasing significant growth in its lending business, with AUM surging to Rs 11,665 crore. Strategic partnerships with Allianz and BlackRock signal JFS s entry into insurance, asset management, and securities broking.

Despite tariff shocks and market volatility, Sunil Singhania of Abakkus Asset Manager remains optimistic about India s long-term growth. He advises investors to capitalize on corrections to build positions, emphasizing a bottom-up approach with patience. Singhania cautions against the IPO frenzy, urging investors to prioritize fundamentals and moderate return expectations, anticipating mid-teen returns after a period of extraordinary growth.

Websol Energy System is set to consider a stock split on September 1, driven by a remarkable 6,000% surge in its stock value over the past five years. This move aims to enhance affordability and accessibility for a broader investor base. The board will also discuss altering the company s Memorandum of Association, pending shareholder approval.

Indian markets ended lower on Thursday with Nifty at 24,500. Vodafone Idea, Adani Total Gas, and ABFRL declined, while Ola Electric, Waaree Energies, and JP Power Ventures gained.

Abakkus founder Sunil Singhania cautioned against IT services due to slowing growth and high valuations, while highlighting selective opportunities in banking, pharma, metals, and capital goods as recent corrections improve sector attractiveness.

Sebi official Rajesh Dangeti highlighted concerns about the quality of disclosures made by companies to stock exchanges, suggesting they often lack clarity and substance. He emphasized the need for frequent, fair, and easily understandable information for investors. Dangeti also questioned whether the current quarterly disclosure frequency for certain information could be reduced, given advancements in technology and depository mechanisms.

Despite the broader market correction, eight stocks from the BSE Smallcap index hit their 52-week highs, marking their highest levels in a year.

Abril Paper Tech is set to launch its IPO on August 29. The price is fixed at Rs 61 per share. The company aims to raise Rs 13.42 crore through this IPO. The IPO will remain open until September 2. The funds will be used for expansion and working capital. The company manufactures sublimation paper rolls.