Latest Stock Market News

Asian stock markets declined following a tech stock selloff on Wall Street. Samsung and SK Hynix faced restrictions on shipments to China. Alibaba s surge contrasted with China s factory activity contraction. A US court ruling added uncertainty to trade tariffs. Investors await key economic data and the Federal Reserve s decision. Political risks in Indonesia and Thailand are also in focus.

Markets opened with a muted tone, continuing the corrective phase. Ather Energy introduced a new vehicle platform, while CMS Info Systems secured a contract from IPPB for ATM replacement. Indian Oil s SPRINT project is yielding positive results, and Torrent Power received a LoA for a thermal project in Madhya Pradesh. IndusInd Bank s shareholders rejected the induction of two nominee directors.

Indian markets closed lower this week due to worries about US tariffs. Tech analysis shows potential for continued weakness. India VIX decreased. Foreign investors sold shares, while domestic investors bought. The Rupee hit a record low against the US dollar. FII positions in the futures market increased their net shorts.

Signature Global has expanded its footprint in Gurugram. The realty firm acquired 33.47 acres of land in Sohna for ₹450 crore. The company plans to develop housing projects on the land. The purchase was made through three separate sale deeds. The projects will have a development potential of 18 lakh sq ft.

Oil prices remained range-bound on Monday, influenced by concerns over increasing production and potential demand reduction due to U.S. tariffs, offsetting disruptions from intensified Russia-Ukraine conflict impacting Russian oil exports. Ukrainian President s vow to retaliate Russian strikes adds to the uncertainty. Market anticipates the upcoming OPEC+ meeting on September 7 for insights into potential output increases, while U.S.

The dollar weakened on Monday. Markets are awaiting U.S. job data this week. This data could influence the Federal Reserve s rate cut decision. Traders are also watching U.S. inflation and Trump s tariffs. A court is reviewing Trump s attempt to remove Fed Governor Lisa Cook. The Australian and New Zealand dollars rose. The Chinese yuan remained steady despite economic concerns.

Anlon Healthcare has finalised its IPO share allotment. The IPO was subscribed 7.12 times. Retail portion saw heavy interest. Refunds will be processed on September 2. Successful applicants will receive shares in their demat accounts on the same day. Anlon Healthcare will list on September 3 on BSE and NSE.

Amanta Healthcare s Rs 126 crore IPO opens Monday, with a price band of Rs 120-126 per share. The Ahmedabad-based pharma company will use the funds to expand its manufacturing capabilities. Investor4Edu recommends subscribing, citing the company s strong position in the growing sterile liquid pharmaceuticals market. The IPO is valued at 47x post-issue FY25 earnings, with listing expected on September 8.

Anondita Medicare is set to debut on the NSE SME platform with strong investor interest, indicated by a 60% grey market premium. The IPO, which was oversubscribed by 300.89 times, saw significant demand across retail, NII, and QIB categories.

Classic Electrodes is set to debut on the NSE SME platform on Monday, with its IPO priced at ₹87 per share. The IPO witnessed an overwhelming response, being oversubscribed nearly 180 times. Ahead of listing, the grey market premium indicates moderate investor expectations, with shares trading at a 20% premium.