Latest Stock Market News

Oil prices declined as investors considered U.S. fuel demand near the end of summer and potential crude supply shifts due to U.S. tariffs on Indian imports of Russian oil. Despite a drop in U.S. crude inventories, concerns about lower seasonal demand and technical resistance levels weighed on prices.

AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company s stalled business in China. - Fortune in play - The earnings report comes amid market worries about an AI spending bubble that could burst and hurt the chip giant s fortunes.

The ex-date is crucial for investors since only those holding shares before the ex-date are eligible for the bonus allotment. Transactions made today, August 28, will reflect in the shareholders’ demat accounts before the ex-date, thus qualifying them for the entitlement.

Anondita Medicare s Rs 69.5 crore IPO allotment is expected to be finalized today, with strong grey market premium signals indicating healthy listing gains. The IPO, subscribed over 300 times, saw significant interest across retail, non-institutional, and QIB categories. Refunds and demat account credits are scheduled for August 29, ahead of the NSE SME listing.

The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Gold prices showed stability. Market observers are keenly waiting for the release of U.S. economic figures this week. This data will provide insights into the Federal Reserve s future actions on interest rates. The Personal Consumption Expenditures Price Index data is expected soon. Investors are also watching comments from Fed officials. Dollar s weakness supported gold.

The latest stake sale in InterGlobe Aviation is part of a phased dilution plan first outlined in 2022, when Rakesh Gangwal signaled his intention to step away from the airline business. Since then, the family has steadily pared holdings through a series of transactions. Between 2023 and May 2025, the Gangwals executed five major stake sales, offloading more than 9% in 2025 alone and raising over Rs 12,900 crore.

Investors eyeing dividend income faced a deadline. Many stocks, such as NBCC India and Zee Entertainment, traded ex-dividend. NBCC announced a final dividend. Zee Entertainment also declared a significant dividend. Other companies across various sectors also rewarded shareholders. These included Alfred Herbert India, Asian Hotels East, and Engineers India. Missing the cut-off means ineligibility for payouts.

Zee Entertainment Enterprises faces a leadership transition as Ashish Sehgal, Chief Growth Officer for Ad Sales, Broadcast & Digital, resigns after two decades. His departure occurs as Zee focuses on revenue growth in a competitive market. The company has elevated Laxmi Shetty to Head of Advertisement Revenue following Sehgal s exit.

Wall Street indexes saw a flat opening on Wednesday. Investors are keenly waiting for the results from Nvidia. These results are expected to gauge the strength of the technology rally. The Dow Jones Industrial Average remained almost unchanged. The S&P 500 and Nasdaq Composite experienced slight declines at the start of trading. Market participants are observing Nvidia s performance closely.