India
$245 million crypto heist led by Singaporean man Lam as Bitcoin holds near $79,000 amid $246 million liquidations
Lam pleaded guilty to leading the fraud ring that stole 4,100 bitcoin and spent proceeds on luxury items. Simultaneously, Bitcoin traded at $79,624 after nearly $246 million in positions were liquidated.
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Six IPOs debut on D-Street in a 30-year high for ₹4,509.68 crore combined raise
India's primary market recorded its largest single-day IPO day in three decades with six companies raising over $470 million collectively.
$99.46 Brent crude rises after Iran strikes US bases in Jordan and Gulf
Oil prices surged to nearly $100 a barrel following Iranian missile attacks on American assets and warnings from the US Secretary of State. Six major IPOs are listed in India today, including Manipal Payment and Identity Solutions.
Nifty hits 23,600 support level; eight large-cap stocks lose value over two years
Indian equity markets extended their decline on Tuesday as crude oil prices pushed investor caution. A specific technical support level was identified for the main index while data shows that eight heavyweights underperformed significantly since early 2025.
Top Stories
$24 billion valuation as Samsung leads €3 billion funding for Mistral AI
Eurozone Bond Yields Hit 15-Year High as Gulf Conflict Drives Market Selloff
RBI to withdraw ₹7 lakh crore via reverse repo amid record liquidity surplus
Rays of Belief shares expected to be allotted today following 107.71x over-subscription
Central Banks
Reserve Bank of India withdraws record cash surplus via reverse repos to tighten monetary stance
More Central Banks →Commodities & Energy
Indian market falls 813 points as crude oil crosses $100
- Indian rupee fell to 94.81 as oil prices hit $100 per barrel
- Indian Reserve Bank Announces 5.28 Billion Dollar Reverse Repo Deal
- Copper prices hit record $14,533 a ton; Hindustan Copper shares rise 4%
- Alternative fuel cars outsell gasoline models in India for the first time in August
- Eight Commodities Stocks, Including Sudeep Pharma, Hit 52-Week Highs as Benchmark Sensex Climbs 363 Points to 76,515
Deals
$99.46 Brent crude rises after Iran strikes US bases in Jordan and Gulf
- Six IPOs debut on D-Street in a 30-year high for ₹4,509.68 crore combined raise
- State Bank of India gains 281% on Arcil IPO stake as shares sell at Rs 733 crore value
- Jio Platforms to commence investor outreach this week ahead of USD 3.8 billion IPO
- Pranav Constructions IPO opens September 7 with grey market premium at 36%
- Deepa Jewellers IPO Subscription Reaches 42.61 Times
Earnings
ESDS Software shares surge 235% above IPO price in four sessions, hitting Rs 1,438.85
- Indian life insurer stocks rise up to 3% as new business premium jumps 33% in August to Rs 41,198 crore
- HFCL shares rise 5% on FY26 order book surge to Rs 21,206 crore
- PGIM India's 112 Crore Fund Achieves 22% Return by Betting on CDMO Stocks
- Former Tata Technologies CEO McGoldrick Sells Rs 164.85 Crore Worth of Shares
- Bumper $127 billion FCNR(B) inflows expected to boost bank earnings by Rs 11,000 crore
Economy
Nifty IT index down over 2% as Infosys shares fall 3.37%
- $136.37 billion in forex inflows drives rupee to 10-week high at 94.59
- Foreigners Sell ₹987 Crore of Indian Government Bonds After Initial Inflows
- Knight Frank: India's Real Estate GDP share could reach 20% by 2047
- India bonds gain 6.94% yield as RBI drains record $11.16 trillion rupee liquidity surplus
Markets
Nifty closes below 23,900 for fourth week amid oil and yield pressures
- Nigeria's NGX dollar return climbs to 73.1 percent, edging out Zimbabwe and BRVM
- Morgan Stanley predicts Sensex will hit 89,000 by June 2027
- Nifty could fall to 23,260 if it fails to reclaim 24,215: Anand James
Policy & Regulation
SEBI accuses JPMorgan of manipulative stock trades in India
- Indian regulators face warnings over July 21, 2026 draft FEMA rules regarding foreign control
- IRB shares rise 4% following tax cut approval for local reinsurers in Brazil
- India's RBI deputy governor Shirish Chandra Murmu lists asset quality and liquidity management as pillars for NBFC growth
Business