Major stock indexes opened higher on Wednesday morning. Investors assessed largely in-line inflation data released today. Upbeat earnings from some AI infrastructure companies provided additional support. The Dow Jones Industrial Average rose slightly at the open. The S&P 500 and Nasdaq Composite also saw gains.
The Securities and Exchange Board of India (Sebi) has announced a significant reduction in the Z-score limit for stress testing in commodity derivatives, lowering it to five from ten. This strategic shift is designed to enhance compliance and streamline processes within the standardized framework, ensuring that price variations tied to a Z-score of five facilitate a more accessible business environment for market participants.
Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, 2026, at a 3% discount. Separately, UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support its green energy initiatives.
Gokaldas Exports reported a 7% year-on-year rise in Q1FY27 net profit to ₹44 crore, while income climbed 21% to ₹1,180 crore. Recovery followed tariff disruptions, supported by stronger India order execution, Africa volumes and productivity initiatives.
Indian government bonds remained mostly stable on Wednesday, with traders eyeing important US inflation statistics expected later that day. The local retail inflation for July edged up to 4.45 percent, while oil prices declined slightly following news of a ceasefire extension. Overnight index swap rates showed little change, reflecting expectations surrounding the upcoming US economic data.
Indian equities extended losses as Middle East tensions, rising crude prices and selling in Tata Group stocks pressured sentiment. Nifty fell 0.15% to 24,435.95, while Sensex declined 0.24%. PSU banks outperformed, but IT stocks remained weak.
Richard Thaler challenges traditional finance’s rational-investor assumption, arguing that psychology, emotions and behavioural biases shape markets. Fear, greed, overconfidence and loss aversion can drive bubbles, volatility and mispricing, making investor behaviour essential to understanding financial markets.
Groww shares rose 1.91% after the company added 70,119 clients in July, taking its active client base to 13.12 million and market share to 28.88%. The stock has gained nearly 27% in 2026 so far, outperforming the Sensex, while remaining 13% below its 52-week high.
Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA increased 61.3% to Rs 589 crore, with margins expanding and product margin crossing 70% for the first time.
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