Ceigall India shares rose nearly 4% after the company received a Letter of Intent from REC Power Development and Consultancy for a Rs 5,300 crore power transmission project in Gujarat. The project includes a 765/400 kV AIS substation and around 300 km of transmission lines, with 36 months of execution followed by a 35-year operational period and annual transmission charges of Rs 608.67 crore.
US Treasury yields are rising partly on expectations that R-star, the economy’s neutral interest rate, may be structurally higher. Heavy government borrowing and AI investment are boosting capital demand, potentially keeping rates elevated longer. A higher R-star could limit Federal Reserve rate cuts, pressure Treasury prices and increase borrowing costs across the economy.
IEX shares rose on Friday after the exchange reported record monthly electricity trading volume of 13,938 MUs in August, up 20.2% year-on-year. Higher power demand lifted Day-Ahead Market buy bids, while prices also increased. However, REC volumes fell sharply amid lower participation, declining 86.6% year-on-year during the month.
PhysicsWallah shares surged over 4% after Motilal Oswal initiated coverage with a ‘Buy’ rating and a Rs 200 target price, implying about 66% upside. The brokerage highlighted the company’s capital-efficient model, strong online presence and scalable offline network, while projecting revenue and EBITDA growth through FY28 and flagging competition, execution and AI-related risks.
Sterlite Technologies shares hit a 5% upper circuit after unveiling ambitious FY29 growth targets, including Rs 20,000 crore revenue and global top-five positioning. The company approved Rs 3,000 crore capex to expand capacity by 50%, supported by strong optical connectivity demand, AI infrastructure growth and a record order book.
ESDS Software Solution shares more than doubled from their IPO price shortly after listing, hitting the 20% upper circuit following a blockbuster debut. With the stock’s sharp gains pushing valuations higher, analysts have outlined strategies for IPO allottees and investors who missed the issue, including profit-booking and entry levels.
Following a brief rally, gold and silver prices opened lower on Friday, sparking caution among investors. The market is now focused on the US payrolls report, which may provide insights into Federal Reserve interest rate decisions. Geopolitical concerns in the Middle East are another pivotal factor affecting prices. Experts warn of potential volatility in the precious metals market and recommend long-term investment strategies.
Robinhood shares surged as analysts raised targets, citing prediction markets, crypto strength and business diversification. Expanding financial services and upcoming sports-event trading could drive growth, although elevated valuation and volatility remain key concerns for investors.
Gland Pharma shares fell 3% after 1.22 crore shares changed hands in two block deals worth nearly Rs 5,818 crore. Reports suggested promoter Fosun Pharma Industrial was looking to sell a 5% stake in the company. Fosun held a 51.77% stake as of June 30, 2026, according to BSE data, making it the likely seller
South Korean shares rose 0.85% on Friday, led by gains in heavyweight chipmakers Samsung Electronics and SK Hynix, although the KOSPI remained on track for its third consecutive weekly decline amid elevated bond yields.
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