Latest Stock Market News

The Indian rupee weakened against the US dollar on Monday. It fell to 88.26 due to foreign fund outflows. This decline happened despite positive domestic economic data. The Reserve Bank of India s intervention to protect the rupee led to a drop in forex reserves. Sensex and Nifty indices saw gains in early trading.

The Indian rupee is under pressure, hitting new lows against the dollar, prompting concerns among importers and corporates. The RBI s potential response to the weakening currency is uncertain, with some believing they may allow further depreciation to support exporters affected by US tariffs.

Despite global uncertainties impacting the Nifty, the consumption sector shows promise, fueled by anticipated GST slab changes. Analysts highlight Colgate-Palmolive, CG Power, and Voltas as potential bullish bets, while KFin Technologies and AU Small Fin Bank are viewed bearishly. Technical analysis suggests specific entry and exit points for traders.

Foreign investors heavily sold Indian shares in August, the most in seven months. This year s total exits are the highest since 2022. Punitive US tariffs and a weak rupee impacted the market. Domestic funds supported equities with strong buying. SIP inflows also rose significantly. Rupee fell to breach the 88 mark to a dollar.

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.