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Stock Market LIVE Highlights: The day ended in favor of bears as many as 33 out of 50 constituent stocks of Nifty50 ended lower, dragged by RIL, Cipla, and Dr Reddy's Labs

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	<strong>Stock Market Highlights on Thursday, September 5, 2024:&nbsp;</strong>Benchmark equity indices ended in the red, led by selling in heavyweight Reliance Industries, and other bluechip stocks. The BSE Sensex shed 151.48 points or 0.18 per cent to settle at 82,201.16, while the NSE Nifty50 dropped 53.60 points or 0.21 per cent to end at 25,145.10 on Thursday.&nbsp;<br />
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		The day ended in favor of bears as many as 33 out of 50 constituent stocks of Nifty50 ended lower, dragged by Cipla, Dr Reddy&#39;s Labs, Reliance Industries, Coal India, and&nbsp;Britannia Industries with losses of up to 1.46 per cent. Meanwhile, Titan, LTIMindtree, Wipro, BPCL, and ITC led the gains of up to 3.11 per cent among the other constituent stocks on the index.</div>
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	Similarly, on the BSE, 20 out of 30 listed stocks of Sensex ended in the red, dragged by Reliance Industries, Tata Motors, Nestle India, and Bharti Airtel, with a fall of up to 1.41 per cent. Meanwhile, Titan, Infosys, ITC, and HCL Tech were among the 9 stocks that ended with gains of up to 3.11 per cent.<br />
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		Smallcap stocks outperformed among the broader indices, as the Nifty Smallcap 100 index settled with gains of 1.03 per cent. Meanwhile, the Nifty Midcap 100 index ended 0.38 per cent higher on Thursday.<br />
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			Among the sectoral indices, IT, media, metal, and banks led the gains, while realty, pharma, auto, and OMC settled lower.</div>
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	Notably, the board of billionaire Mukesh Ambani-led Reliance Industries (RIL) has approved its first bonus issue since 2017. In an exchange filing, RIL announced that its board has approved a one-for-one issue of bonus shares and recommended an increase in authorized share capital from Rs 15,000 crore to Rs 50,000 crore.</div>
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Stock Market Highlights, Sept 5: Sensex sheds 151pts, Nifty ends below 25,150; Smallcap stocks shine

Business Standard

Stock Market Highlights, Sept 5: Sensex sheds 151pts, Nifty ends below 25,150; Smallcap stocks shine | News on Markets - Business Standard

Stock Market LIVE Updates: Nifty IT faces resistance at 43,200; should you book profits on rise?

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	Nifty IT Index</div>
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	The Nifty IT Index is currently displaying signs of nearing a critical resistance level, and the best trading strategy in this scenario would be to book profits on any further rise. This approach allows traders to lock in gains, especially since the index has already experienced a strong upward rally.<a href="https://www.business-standard.com/markets/news/nifty-it-faces-resistance-at-43-200-should-you-book-profits-on-rise-124090500055_1.html"><strong> Read more</strong></a></div>

Stock Market LIVE Updates: Brent crude trades 0.47% higher

The brent crude futures were up 0.47 per cent at $73.04 per barrel.&nbsp;

Stock Market LIVE Updates: GIFT Nifty suggests positive start for Sensex, Nifty

The GIFT Nifty futures were trading 121 points higher than Nifty50 futures at 25,368 levels.&nbsp;

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Stock Market LIVE Updates: Asian markets trade with blend of red and green

In Asia this morning, Japan&#39;s Nikkei slipped 0.24 per cent, Hong Kong&#39;s Hang Seng dropped 0.14 per cent, while South Korea&#39;s Kospi and Australia&#39;s ASX/200 advanced by 1.14 per cent 0.30 per cent.&nbsp;

Stock Market LIVE Updates: US markets settle mixed

Overnight, in the US, the S&amp;P 500 and the Nasdaq Composite declined for a second consecutive session, with the broad index falling by 0.16 per cent and the tech-heavy index slipping 0.3 per cent. The Dow Jones Industrial Average, however, was an exception, rising by 0.09 per cent.

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Stock Market LIVE Updates: Good morning readers! Track the latest live market updates here

Stock Market Tech View :: 'Nifty faces immediate hurdle at 25,300 – 25,350'

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	- Nifty opened gap up today however witnessed profit booking during the course of the day to close in the red down 50 points. On the daily charts we can observe that after the gap down in the previous trading session the price structure has weakened.<br />
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	- The uptrend is still intact however there is high probability of a consolidation within the range of 25,000 &ndash; 25,350 over the next few trading sessions. Dips towards the support zone 25,100- 25,050 should be used as a buying opportunity. On the upside immediate hurdle is placed at 25,300 &ndash; 25,350.</div>
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	View by:&nbsp; Jatin Gedia &ndash; Technical Research Analyst at Sharekhan by BNP Paribas</div>

Stock Market Comment ::  'Markets seek new catalysts'

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	- The benchmark indices continued to trade with minor losses due to concern of slowdown in the US &amp; Chinese economy.<br />
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	- The market is now seeking new catalysts, particularly in how the Fed evaluates the challenge of achieving a soft landing. Meanwhile, the broader market outperformed, benefiting from positive service PMI data that suggests supportive domestic economic conditions.&quot;</div>
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	Views by: Vinod Nair, Head of Research, Geojit Financial Services</div>

Rupee Closing Update :: Rupee ends mildly soft

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	&gt;&gt; Rupee ends 1 paise weak at 83.98 per US dollar</div>
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Stock Market Closing Bell LIVE Updates :: Broader indices end mixed, SmallCaps outshine

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	&gt;&gt; BSE SmallCap index added 0.56 per cent</div>
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Stock Market Closing Bell LIVE Updates :: Auto, Realty drag; IT leads

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	&gt;&gt;&nbsp; IT, Consumer Durables, Banks defy trend</div>
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	&gt;&gt; Nifty Realty index falls 0.97%</div>
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Stock Market Closing Bell LIVE Updates : RIL, Tata Motors, Nestle India drag Sensex

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	&gt;&gt; 20 of 30 index stocks fall<br />
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	&gt;&gt; Reliance Industries, Tata Motors, Nestle India, and Bharti Airtel, were the top laggards</div>
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Stock Market Closing Bell LIVE Updates :: Nifty ends below 25,150

&gt;&gt; Nifty50 shed 53.60 points or 0.21 per cent to settle at 25,145.10 on Thursday.&nbsp;

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Stock Market Closing Bell LIVE Updates :: Sensex ends 151 points lower

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	&gt;&gt; The BSE Sensex ends over 151.48 points lower at 82,201.16 on Thursday</div>
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Stock Market LIVE Updates:  DMart rallies 4% in weak market on hopes of demand and margins improvement

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	Stock Market LIVE Updates:&nbsp; Shares of Avenue Supermarts (DMart) hit a two-year high of Rs 5,300, gaining 4 per cent on the BSE in Thursday&rsquo;s intra-day trade in an otherwise weak market on hopes of improvement in discretionary demand and margins. In comparison, the BSE Sensex was down 0.22 per cent at 82,172 at 02:43 pm. <a href="https://www.business-standard.com/markets/news/dmart-rallies-4-in-weak-market-on-hopes-of-demand-and-margins-improvement-124090500684_1.html?1725529924" target="_blank">READ MORE</a></div>
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Stock Market LIVE Updates: Adani Group in talks with global banks to sell $1.5 billion of dollar bonds

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	Stock Market LIVE Updates: Billionaire Gautam Adani&rsquo;s conglomerate is in talks with global banks to raise at least $1.5 billion through dollar bond sales, a further indicator of the group&rsquo;s rebound from a short seller attack. <a href="https://www.business-standard.com/companies/news/adani-group-in-talks-with-global-banks-to-sell-1-5-billion-of-dollar-bonds-124090500637_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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Stock Market LIVE Updates: This smallcap payments bank has zoomed 57% in 6 wks; trades below IPO price

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	Stock Market LIVE Updates:&nbsp; Shares of Fino Payments Bank (Fino Bank) surged 8 per cent to hit an over two-year high of Rs 449.95 on the BSE in Thursday&rsquo;s intra-day trade, on improved business performance. <a href="https://www.business-standard.com/markets/news/this-smallcap-payment-bank-has-zoomed-57-in-6-weeks-trade-below-ipo-price-124090500598_1.html?1725527796" target="_blank"><strong>READ MORE</strong></a></div>
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Stock Market LIVE Updates:  Suzlon stock has done this for the first time in 4 months; what next?

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	Stock Market LIVE Updates: This multibagger stock has zoomed 967 per cent since the start of the financial year 2023-24. Amid this 18-month rally, Suzlon stock hit a high of Rs 84.29 as against a close of Rs 7.90 at the end of March 2023. This phenomenal run on the bourses could have yielded up to 10.7-fold returns in less than 18 months. This means that an investment of Rs 1,00,000 at the end of March 2023 could have been worth Rs 10.67 lakh at its peak on August 12; and still worth Rs 9.70 lakh as of date. <a href="https://www.business-standard.com/markets/news/suzlon-stock-has-done-this-for-the-first-time-in-4-months-what-next-124090500618_1.html?1725527280" target="_blank"><strong>READ MORE</strong></a></div>

Stock Market LIVE Updates: Alembic Pharma shares jump 5% after USFDA approval; check details here

Stock Market LIVE Updates: Alembic Pharma share price surged up to 5 per cent at Rs 1,170.60 per share on the BSE in Thursday&rsquo;s intraday trade. The share price moved up after the pharmaceutical company disclosed that it has received final approval from the US Food &amp; Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Albendazole Tablets USP, 200 mg. <a href="https://www.business-standard.com/markets/news/alembic-pharma-shares-jump-5-after-usfda-approval-check-details-here-124090500599_1.html?1725526122" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Titan, Hero MotoCorp lead; Nestle India, Britannia drag

Stock Market LIVE Updates:&nbsp; Titan and Hero Motorcorp were leading the gains on the NSE Nifty50, while Nestle India and Britannia Industries were among the top laggards of the index.
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Stock Market LIVE Updates: 2 PM market update

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	Stock Market LIVE Updates: Indian equity benchmark indices were off their intraday lows, but were still trading in the red, amid weak global cues.</div>
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	At 2:00 PM, the BSE Sensex was down 90 points, or 0.11 per cent, at 82,262, while the Nifty 50 was at 25,175, down 23 points, or 0.09 per cent.&nbsp;</div>

Stock Market LIVE Updates: Coffee Day, Barbeque-Nation: No long queues yet to buy restaurant stocks

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	Stock Market LIVE Updates: Even though you may have to wait in a queue before finding a seat in your favourite restaurant for a meal, or even tea/coffee, investors, it seems, are not queueing up in large numbers to buy stocks of listed restaurants.</div>
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	Thus far in calendar year 2024 (CY24), stocks such as Coffee Day Enterprises, Speciality Restaurants, Barbeque-Nation Hospitality, Restaurant Brands Asia and Westlife Foodworld have lost up to 42 per cent, shows ACE Equity data. <strong><a href="http:// https://www.business-standard.com/markets/news/coffee-day-barbeque-nation-no-long-queues-yet-to-buy-restaurant-stocks-124090500232_1.html" target="_blank">READ MORE</a></strong></div>

Stock Market LIVE Updates: Baazar Style Retail IPO: GMP hints double digit listing gains for investors

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	Stock Market LIVE Updates: As investors await the debut of Baazar Style Retail shares on the bourses, the grey market premium (GMP) indicates a favourable debut for the company&#39;s shares on the BSE and NSE, scheduled for Friday, September 6, 2024.<br />
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	Ahead of the listing, the unlisted shares of Baazar Style Retail, whose IPO allotment was finalised yesterday, were quoted at a premium of Rs 45, or 11.57 per cent higher than the upper end of the issue price of Rs 334, according to several sources that track grey market activities. <strong><a href="https://www.business-standard.com/markets/news/baazar-style-retail-ipo-gmp-hints-double-digit-listing-gains-for-investors-124090500484_1.html" target="_blank">READ MORE</a></strong></div>
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Stock Market LIVE Updates: 1 PM market update

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	Stock Market LIVE Updates: Indian equity benchmark indices were off their intraday lows and trading in the red, amid weak global cues.</div>
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	At 1:00 PM, the BSE Sensex was down 67 points, or 0.08 per cent, at 82,285, while the Nifty 50 was at 25,186, down 12 points, or 0.05 per cent.&nbsp;</div>
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Stock Market LIVE Updates: Titan gains 3%, hits nearly five-month high on decline in gold prices

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	Stock Market LIVE Updates: Shares of Titan Company hit a nearly five-month high of Rs 3,730, as they rallied 3 per cent on the BSE in Thursday&rsquo;s intra-day trade, in an otherwise subdued market, on expectations of an improvement in consumer demand due to soft gold prices. <strong><a href="http:// https://www.business-standard.com/markets/news/titan-rallies-3-hits-nearly-five-month-high-on-decline-in-gold-prices-124090500424_1.html" target="_blank">READ MORE</a></strong></div>

Stock Market LIVE Updates: Sebi sets up new expert group of 22 members on listing obligations

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	Stock Market LIVE Updates: The Securities and Exchange Board of India (Sebi) has set up a 22-member advisory committee to streamline the rules for listing obligations and disclosures.<br />
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	The expert group will be chaired by R Gandhi, former deputy governor of the Reserve Bank of India (RBI). The committee, formed on August 28, will advise Sebi on corporate governance, harmonisation of listing and post-listing obligations, and disclosure requirements. <strong><a href="https://www.business-standard.com/markets/news/sebi-constitutes-new-expert-group-on-listing-obligations-disclosures-124090500361_1.html" target="_blank">READ MORE</a></strong></div>
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Stock Market LIVE Updates: Dilip Buildcon bags Rs 1,341-crore project to construct twin-tube tunnel in Kerala

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	Stock Market LIVE Updates: Dilip Buildcon today announced that it has been declared the L-1 (lowest bidder) for the construction of a twin-tube unidirectional tunnel (2-lanes in each direction) in Kozhikode and Wayanad districts of Kerala.&nbsp;</div>
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	The project, with a bid amount of Rs 1,341, also includes the construction of a four-lane approach road for direct connectivity between Anakkampoyil &ndash; Kalladi &ndash; Meppadi.</div>
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Stock Market LIVE Updates: Nifty50 slips marginally

<strong>Stock Market LIVE Updates: </strong>Nifty50 was trading 0.07 per cent lower at 25,181.25 levels.<br />
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Stock Market LIVE Updates: Sensex slips in negative territory

<strong>Stock Market LIVE Updates: </strong>Sensex was trading 0.14 per cent lower at 82,239.79 levels.<br />
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Stock Market LIVE Updates: Excess rainfall dampens passenger vehicle sales in Aug; down 4.5%: Fada

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	<strong>Stock Market LIVE Updates:&nbsp;</strong>Owing to the impact of excess rainfall, passenger vehicle (PV) retail sales in India declined by 4.53 per cent in August to 3,09,053 units, compared to 3,23,720 units during the same month in 2023, according to the Federation of Automobile Dealers Associations (FADA). Inventory levels also reached historic highs, with stock days now stretching to 70-75 days and inventory totalling 780,000 vehicles, valued at an alarming Rs 77,800 crore. <a href="https://www.business-standard.com/industry/auto/excess-rainfall-dampens-passenger-vehicle-sales-in-aug-down-4-5-fada-124090500366_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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Stock Market LIVE Updates: World Bank approves $68 mn cross-border bank lifeline for Pacific Islands

<strong>Stock Market LIVE Updates:&nbsp;</strong>The World Bank&#39;s board has approved a $68 million programme to prevent Pacific Island nations from being cut off from the international financial system that underpins tourism, trade and aid flows, the lender&#39;s President Ajay Banga said on Thursday. <a href="https://www.business-standard.com/world-news/world-bank-approves-68-mn-cross-border-bank-lifeline-for-pacific-islands-124090500395_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Stock Market LIVE Updates: Officer's Choice Whiskey maker's shares rally after JV with Ranveer Singh

<strong>Stock Market LIVE Updates:&nbsp;</strong>Shares of Allied Blenders and Distillers moved up by 2.77 per cent at Rs 359.55 per share on the BSE. The Allied Blenders and Distillers share price surged after the company disclosed that it plans to acquire a majority stake in new company and set up joint venture with Bollywood actor Ranveer Singh. <a href="https://www.business-standard.com/markets/news/officer-s-choice-whiskey-maker-s-shares-rally-after-jv-with-ranveer-singh-124090500396_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Demat accounts surge past 171 mn -mark, 4.2 mn added in August

<strong>Stock Market LIVE Updates:&nbsp;</strong>The number of dematerialised (demat) accounts&mdash;used for holding shares and other securities electronically&mdash;rose by 4.2 million in August, reaching a total of 171.1 million. This marks an average addition of 4 million accounts per month since the beginning of 2024. <a href="https://www.business-standard.com/markets/news/demat-accounts-surge-past-171-mn-mark-4-2-million-added-in-august-124090500387_1.html" target="_blank"><strong>READ MORE</strong></a>

<strong>Stock Market LIVE Updates:&nbsp;</strong>The Securities and Exchange Board of India (Sebi) has set up a 22-member advisory committee to streamline the rules for listing obligations and disclosures. The expert group will be chaired by R Gandhi, former deputy governor of the Reserve Bank of India (RBI). The committee, formed on August 28, will advise Sebi on corporate governance, harmonisation of listing and post-listing obligations, and disclosure requirements. <a href="https://www.business-standard.com/markets/news/sebi-constitutes-new-expert-group-on-listing-obligations-disclosures-124090500361_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Goldiam International hits all-time high on Rs 70-cr order win; details

<strong>Stock Market LIVE Updates:&nbsp;&nbsp;</strong>Shares of Goldiam International surged as much as 5.41 per cent to hit an all-time high of Rs 355.45 per share on Thursday, September 5, 2024. However, at 11:23 AM, Goldiam International shares were trading 4.45 per cent higher at Rs 352.20 per share. In comparison, BSE Sensex was trading 0.07 per cent lower at 82,298.94 levels. <a href="https://www.business-standard.com/markets/news/goldiam-international-hits-all-time-high-on-rs-70-cr-order-win-details-124090500377_1.html" target="_blank"><strong>READ MORE</strong></a>

Stock Market LIVE Updates: Zomato surges 8% on heavy volumes after 13% fall from record high in Aug

<strong>Stock Market LIVE Updates:&nbsp;</strong>Shares of food delivery platform Zomato surged 8 per cent to Rs 261.50 on the BSE in Thursday&rsquo;s intra-day trade amid heavy volumes in an otherwise lacklustre market. According to media reports, JP Morgan has maintained an overweight rating on Zomato, with a target price of Rs 340 per share. <a href="https://www.business-standard.com/markets/news/zomato-surges-8-on-heavy-volumes-after-13-decline-from-record-high-in-aug-124090500350_1.html?1725516967" target="_blank"><strong>READ MORE</strong></a>

Stock Market LIVE Updates: MTNL defaults in payment of principal (instalment) & interest to several banks

<strong>Stock Market LIVE Updates:&nbsp;</strong>MTNL has defaulted in the Payment of Principal (Instalment) &amp; Interest to banks including Punjab National Bank, Bank of India, Union Bank of India, State Bank of India, UCO Bank, Punjab and Sind Bank&nbsp;
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Stock Market LIVE Updates: Glenmark to pay $25 million as part of settlement with US authorities

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	<strong>Stock Market LIVE Updates:&nbsp;</strong>Glenmark Pharmaceuticals has agreed to pay $25 million as part of a settlement with the US Department of Justice regarding a case related to the pricing of a generic drug. <a href="https://www.business-standard.com/companies/news/glenmark-to-pay-25-million-as-part-of-settlement-with-us-authorities-124090500328_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Stock Market LIVE Updates: Sebi constitutes new expert group on listing obligations, disclosures

<strong>Stock Market LIVE Updates:&nbsp;</strong>The Securities and Exchange Board of India (Sebi) has established an advisory committee to streamline the rules around listing obligations and disclosures. The expert group will be chaired by R Gandhi, former deputy governor of the Reserve Bank of India (RBI). The 22-member committee, formed on August 28, will advise Sebi on corporate governance, harmonisation of listing and post-listing obligations, and disclosure requirements. <a href="https://www.business-standard.com/markets/news/sebi-constitutes-new-expert-group-on-listing-obligations-disclosures-124090500361_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Indian corporate legal expenditure surge 17% to Rs 52,568 crore in FY24

<strong>Stock Market LIVE Updates:&nbsp;</strong>Legal expenses for Indian corporations surged by 17 per cent in the last financial year (FY24), driven by increased international deal activity, substantial costs related to dispute resolution, and higher compliance expenses, according to annual reports from the top 500 local companies, as reported by The Economic Times (ET). <a href="https://www.business-standard.com/industry/news/indian-corporate-legal-expenditure-surge-17-to-rs-52-568-crore-in-fy24-124090500354_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Infosys onboarding delays: Centre asks Karnataka to take appropriate action

<strong>Stock Market LIVE Updates:&nbsp;</strong>The Union Ministry of Labour and Employment has urged the Karnataka government to take &ldquo;appropriate action&rdquo; following concerns raised over delays in onboarding fresh graduates at Infosys, a major player in the IT sector, according to a report by Moneycontrol. <a href="https://www.business-standard.com/companies/news/infosys-onboarding-delays-centre-asks-karnataka-to-take-appropriate-action-124090500353_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Shree Tirupati Balajee IPO opens today; GMP zooms 30%; Should you bid?

<strong>Stock Market LIVE Updates:&nbsp;</strong>The initial public offering (IPO) of Shree Tirupati Balajee, an agro-trading company, opens for public subscription today. Through the IPO, Shree Tirupati Balajee aims to raise Rs 169.65 crore by offering a fresh issue of 14,750,000 shares and an offer for sale of 5,690,000 shares, each with a face value of Rs 10 apiece. <a href="https://www.business-standard.com/markets/news/shree-tirupati-balajee-ipo-opens-today-gmp-zooms-30-should-you-bid-124090500190_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Prestige Estates raises Rs 5,000 crore by selling equity shares via QIP

<strong>Stock Market LIVE Updates:&nbsp;</strong>Realty firm Prestige Estates Projects Ltd has raised Rs 5,000 crore by selling equity shares to institutional investors through private placement. On August 29, the company launched its Qualified Institutional Placement (QIP) issue to raise funds. <a href="https://www.business-standard.com/companies/news/prestige-estates-raises-rs-5-000-crore-by-selling-equity-shares-via-qip-124090500005_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Goldiam International in focus

<strong>Stock Market LIVE Updates: </strong>Goldiam International was buzzing in trade after the company announced a Rs 70-crore order win.<br />
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Stock Market LIVE Updates: China offers Africa billions in fresh financing, promises 1 million jobs

<strong>Stock Market LIVE Updates:&nbsp;</strong>President Xi Jinping pledged on Thursday to step up China&#39;s support to the world&#39;s fastest-growing continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs. <a href="https://www.business-standard.com/world-news/china-offers-africa-billions-in-fresh-financing-promises-1-million-jobs-124090500237_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Visa or MasterCard? From tomorrow, you can choose your credit card network

<strong>Stock Market LIVE Updates:&nbsp;</strong>Starting September 6, credit cardholders in India will have the flexibility to choose their preferred card network (Mastercard, RuPay, or Visa) when applying for a new credit card or renewing an existing one. This change is a result of the Reserve Bank of India&#39;s (RBI) guidelines aimed at enhancing customer experience and promoting competition in the digital payments landscape. <a href="https://www.business-standard.com/finance/personal-finance/visa-or-mastercard-from-tomorrow-you-can-choose-your-credit-card-network-124090500187_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Rupee rises 4 paise to 83.97 against US dollar during early trade

<strong>Stock Market LIVE Updates:&nbsp;</strong>The rupee appreciated by 4 paise to 83.97 against US dollar in early trade on Thursday supported by weakening of the American currency in the overseas market and a positive trend in domestic equities. <a href="https://www.business-standard.com/finance/news/rupee-rises-4-paise-to-83-97-against-us-dollar-during-early-trade-124090500174_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Monthly SIP of Rs 10k since 2021 grows to Rs 5.6 lakh for this Value Fund

<strong>Stock Market LIVE Updates:&nbsp;</strong>Canara Robeco Value Fund, an open-ended equity scheme, which was launched on September 3, 2021, has delivered returns of 23.62 per cent since inception and 42.88 per cent over the last one year, compared to the benchmark index of 18.42 per cent and 41.14 per cent, respectively. In comparison, the benchmark BSE 500 TRI has given a return of 27.08 per cent. The open-ended equity scheme from Canara Robeco Mutual Fund recently completed its third years of its launch. <a href="https://www.business-standard.com/finance/personal-finance/monthly-sip-of-rs-10k-since-2021-grows-to-rs-5-6-lakh-for-this-value-fund-124090500262_1.html" target="_blank"><strong>READ MORE</strong></a>
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Stock Market LIVE Updates: Nifty50 trading slightly lower

<strong>Stock Market LIVE Updates: </strong>Nifty50 was trading 0.05 per cent lower at 25,186.60 levels.<br />
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Stock Market LIVE Updates: Sensex slips marginally

<strong>Stock Market LIVE Updates: </strong>Sensex trading marginally lower at 82,266.63 levels.&nbsp;<br />
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Stock Market LIVE Updates: Raymond Lifestyle lists at Rs 3,020 on NSE; locked in 5% lower circuit

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	<strong>Stock Market LIVE Updates:&nbsp;</strong>Shares of Raymond Lifestyle Limited (RLL), a textiles and apparel maker demerged from the Gautam Singhania-led Raymond, froze in lower circuit of 5 per cent at Rs 2,869, after listing at Rs 3,020 on the National Stock Exchange (NSE) on Thursday. <a href="https://www.business-standard.com/markets/news/raymond-lifestyle-lists-at-rs-3-020-on-the-nse-locked-in-5-lower-circuit-124090500220_1.html?1725513781" target="_blank"><strong>READ MORE</strong></a></div>
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Stock Market LIVE Updates: Gala Precision Engineering IPO allotment today; check status, GMP & more

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	<strong>Stock Market LIVE Updates:&nbsp;</strong>The basis of allotment for Gala Precision Engineering IPO shares is scheduled for today, September 5, 2024. The public issue, offered at a price band of Rs 503-529 with a lot size of 28 shares, closed for subscription on Wednesday, September 4, 2024, receiving an overwhelming interest from investors, with a staggering oversubscription of 201.41 times by the final day. <a href="https://www.business-standard.com/markets/news/gala-precision-engineering-ipo-allotment-today-check-status-gmp-more-124090500263_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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Stock Market LIVE Updates: PV retails dip 5% in August; Fada raises alarm over rising inventory level

<strong>Stock Market LIVE Updates:&nbsp;</strong>Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains, industry body FADA said on Thursday. <a href="https://www.business-standard.com/industry/auto/pv-retails-dip-5-in-august-fada-raises-alarm-over-rising-inventory-level-124090500213_1.html" target="_blank"><strong>READ MORE</strong></a>

<strong>Stock Market LIVE Updates:&nbsp;</strong>The initial public offering (IPO) of Shree Tirupati Balajee, an agro-trading company, opens for public subscription today. Through the IPO, Shree Tirupati Balajee aims to raise Rs 169.65 crore by offering a fresh issue of 14,750,000 shares and an offer for sale of 5,690,000 shares, each with a face value of Rs 10 apiece. <a href="https://www.business-standard.com/markets/news/shree-tirupati-balajee-ipo-opens-today-gmp-zooms-30-should-you-bid-124090500190_1.html" target="_blank">READ MORE</a>
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Stock Market LIVE Updates: Reliance to invest Rs 3,900 crore in FMCG arm to boost market position

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	Stock Market LIVE Updates: Mukesh Ambani-owned Reliance Industries is planning to invest up to Rs 3,900 crore into its fast-moving consumer goods (FMCG) division to strengthen its position against major players such as Hindustan Unilever, ITC, Coca-Cola, and Adani Wilmar, The Economic Times reported on Thursday. <a href="https://www.business-standard.com/companies/news/reliance-to-invest-rs-3-900-crore-in-fmcg-arm-to-boost-market-position-124090500236_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>Stock Market LIVE Updates:&nbsp;</strong>Even though you may have to wait in a queue before finding a seat in your favourite restaurant for a meal, or even tea/coffee, investors, it seems, are not queueing up in large numbers to buy stocks of listed restaurants. <a href="https://www.business-standard.com/markets/news/coffee-day-barbeque-nation-no-long-queues-yet-to-buy-restaurant-stocks-124090500232_1.html?1725512704" target="_blank"><strong>READ MORE</strong></a><br />
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Stock Market LIVE Updates: Sona BLW shares gain 4%; here is what's driving the stock

<strong>Stock Market LIVE Updates:&nbsp;</strong>Sona BLW Precision Forgings shares soared as much as 4 per cent and registered an intraday high of Rs 751 on BSE. The counter saw buying on the back of the company receiving certification for Hub Wheel Motor, a component for electric two-wheelers, apart from launching a qualified institutional placement (QIP). <a href="https://www.business-standard.com/markets/news/sona-blw-shares-gain-4-here-is-what-s-driving-the-stock-124090500240_1.html" target="_blank"><strong>READ MORE</strong></a>

Stock Market LIVE Updates: PNB Housing share price gains 5% on plans to raise Rs 2,500-crore via NCDs

<strong>Stock Market LIVE Updates:&nbsp;</strong>Shares of PNB Housing were buzzing in trade on Thursday, September 5, 2024. The PNB Housing scrip climbed up to 4.94 per cent to hit an intraday high of Rs 1,104.95 per share. The uptick in share price came after the company announced that its board of directors will meet on September 9, to consider and approve issuance of Non Convertible Debentures up to Rs 2,500 crore on Private Placement Basis, in tranches over the next six months. <a href="https://www.business-standard.com/markets/news/pnb-housing-share-price-gains-5-on-plans-to-raise-rs-2-500-crore-via-ncds-124090500191_1.html" target="_blank"><strong>READ MORE</strong></a>

Stock Market LIVE Updates: Meghna Infracon Infrastructure in focus

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	<strong>Stock Market LIVE Updates:&nbsp;</strong>The MIIL Group has acquired another Residential Project at premium location of Goregaon, Mumbai.</div>
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	<em>Source BSE&nbsp;</em></div>
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Stock Market LIVE Updates: Suzlon Energy sells corporate office to OE Business Park; stock gains 3%

<strong>Stock Market LIVE Updates:&nbsp;</strong>Shares of Suzlon Energy gained as much as 2.57 per cent to hit an intraday low of Rs 776.09 per share on Thursday, September 5, 2024. The uptick in Suzlon Energy share price came after the company announced that it has executed a Conveyance Deed to sell its Pune-based corporate office to OE Business Park for Rs 440 crore. <a href="https://www.business-standard.com/markets/news/suzlon-energy-sells-corporate-office-to-oe-business-park-stock-gains-3-124090500141_1.html" target="_blank"><strong>READ MORE&nbsp;</strong></a>

Stock Market LIVE Updates: Linde gains 6% on buying Tata Steel's industrial gas assets in Kalinganagar

<strong>Stock Market LIVE Updates:&nbsp;</strong>Shares of Linde India surged as much as 6.09 per cent to hit an intraday high of Rs 7,641.60 per share on Thursday, September 5, 2024. The rise in Linde India share price came after the company announced that it has entered into the Plant Sale agreement with Tata Steel Limited for acquiring their industrial gas supply assets - 2X1800 tpd Air Separation Units (ASUs) at their Kalinganagar Phase 2 expansion project. <a href="https://www.business-standard.com/markets/news/linde-gains-6-on-buying-tata-steel-s-industrial-gas-assets-in-kalinganagar-124090500160_1.html" target="_blank"><strong>READ MORE</strong></a>

Stock Market LIVE Updates: BSE SmallCap hits record high at 56,711

The BSE SmallCap index soared 0.89 per cent, hitting its fresh record high at 56,711 levels in intraday trade.&nbsp;

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Stock Market LIVE Updates: Sona BLW Precision Forgings rises 2% on PLI certificate for new product

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	The company disclosed that it has received certification for another Product i.e. Hub Wheel Motor for electric two wheelers under the Production-Linked Incentive (&ldquo;PLI&rdquo;) Scheme for Automobile and Auto Component Industry in India (&ldquo;PLI-Auto&rdquo;) from the Ministry of Heavy Industries on 4th September, 2024.&nbsp;</div>

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	Suzlon Energy shares rise:Shares of Suzlon Energy gained as much as 2.57 per cent to hit an intraday low of Rs 776.09 per share on Thursday, September 5, 2024.&nbsp;</div>
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	<br />
	The uptick in Suzlon Energy share price came after the company announced that it has executed a Conveyance Deed to sell its Pune-based corporate office to OE Business Park for Rs 440 crore. <a href="https://www.business-standard.com/markets/news/suzlon-energy-sells-corporate-office-to-oe-business-park-stock-gains-3-124090500141_1.html"><strong>Read more</strong></a><br />
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Stock Market LIVE Updates: Ultratech Cement, Shriram Finance and Tata Steel lead gains on NSE

Ultratech Cement, Shriram Finance and Tata Steel were among the top five gainers on NSE, while HDFC Life and Bharti Airtel were among the top five losers.

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Sectoral trends:: Nifty Metal, Media, Private Bank gain

Nifty Metal, Media and Private Bank gained by 0.57 per cent, 0.45 per cent and 0.32 per cent respectively.

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	Ultratech Cement, Tata Steel and ITC gained up to 1 per cent and led the charts on Sensex, while Asian Paints, Nestle India and Bharti Airtel witnessed losses<br />
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Stock Market LIVE Updates: Broader markets soar

The broader indices outperformed benchmarks, with MidCap rising 0.35 per cent and SmallCap surging 0.65 per cent.&nbsp;

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The top 50 blue chip stocks index Nifty50 scaled 0.2 per cent at 25,250 level.&nbsp;

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Opening Bell: Sensex surges over 100 pts at 82,475 level

The benchmark BSE Sensex moved up by 122 points at 82,475 level at the opening bell.

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NSE&#39;s Nifty50 was trading 0.21 per cent higher at 25,250 levels in pre-opening trade.

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Market Pre-open: Sensex jumps over 100 pts

The benchmark index BSE Sensex was trading 0.14 per cent higher at 82,470 levels in pre-opening deals.&nbsp;

Stock Market LIVE Updates: Rupee opens flat at Rs 83.97

At open the rupee was trading flat at Rs 83.97 per US dollar.&nbsp;

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Stock Market LIVE Updates: Star Health to collaborate with foreign insurers for inward reinsurance

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	Stock Market LIVE Updates: Star Health and Allied Insurance is looking to collaborate with insurers in Africa and West Asia for inward reinsurance opportunities through GIFT City, said Anand Roy, managing director, Star Health and Allied Insurance on Wednesday.</div>
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	Inward reinsurance is a contract between two insurance companies, where the transferring insurer will act as the reinsurer. <strong><a href="http:// https://www.business-standard.com/companies/news/star-health-to-collaborate-with-foreign-insurers-for-inward-reinsurance-124090401234_1.html" target="_blank">READ MORE</a></strong></div>

Stock Market LIVE Updates: Centre awards RIL full quota of Advanced Chemistry Cell under PLI-II

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	Stock Market LIVE Updates: Oil to telecom behemoth Reliance Industries Limited (RIL) has been awarded the complete capacity of the Advanced Chemistry Cell (ACC) offered under the second tranche of the Production Linked Incentive (PLI) scheme.<br />
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	The ministry of heavy industries (MHI) in a public announcement said the award followed the &quot;Quality and Cost-Based Selection (QCBS) mechanism&rdquo;.</div>
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	By adding 10 GWh (gigawatt hour) of ACC capacity under the current phase, RIL now holds the highest capacity among all other players in the segment who participated in the PLI scheme with maximum budgetary outlay of Rs 3,620 crore. <strong><a href="http:// https://www.business-standard.com/companies/news/govt-awards-ril-full-quota-of-advanced-chemistry-cell-under-pli-ii-124090401132_1.html" target="_blank">READ MORE</a></strong></div>

Stock Market LIVE Updates: India should aim at developing 10 fabs in 10 years: Semi's Manocha

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	Stock Market LIVE Updates: The Indian semiconductor industry should aim at developing at least 10 fabs in the coming decade to become a global powerhouse in this sector, said Ajit Manocha, president and CEO, Semi -- the global semiconductor and electronics body. <strong><a href="http:// https://www.business-standard.com/companies/news/india-should-target-at-least-10-fabs-over-next-decade-semi-s-manocha-124090401141_1.html" target="_blank">READ MORE</a></strong></div>

Stock Market LIVE Updates: Growth in new business thrusts services PMI to 5-month high in Aug

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	Stock Market LIVE Updates: Growth in India&rsquo;s dominant services sector rose to a five-month high in August as new businesses expanded amid easing inflationary pressure, said a private survey on Wednesday.</div>
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	The HSBC headline Purchasing Managers&rsquo; Index (PMI), compiled by S&amp;P Global, rose to 60.9 in August from 60.3 in July. The index was above the neutral 50-mark that separates contraction from expansion for the 37th month straight. <strong><a href="http:// https://www.business-standard.com/economy/news/growth-in-new-business-thrusts-services-pmi-to-5-month-high-in-august-124090400329_1.html" target="_blank">READ MORE</a></strong></div>

Stock Market LIVE Updates: RBI board reviews global, domestic economy, associated challenges

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	Stock Market LIVE Updates: The central board of the Reserve Bank of India on Wednesday reviewed the global and domestic economic scenario and outlook, including associated challenges.</div>
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	The 610th meeting of the Central Board of Directors of the Reserve Bank of India was held here under the chairmanship of Governor Shaktikanta Das, it said in a statement. <strong><a href="https://www.business-standard.com/economy/news/rbi-board-reviews-global-domestic-economy-associated-challenges-124090401066_1.html" target="_blank">READ MORE</a></strong></div>
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Stock Market LIVE Updates: World Bank's suggestion to join RCEP based on flawed projections: GTRI

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	Stock Market LIVE Updates: Think tank GTRI on Wednesday said that the World Bank&#39;s suggestion for India to reconsider joining RCEP (Regional Comprehensive Economic Partnership) is based on flawed assumptions and outdated projections.<br />
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	For developing countries like India, policy decisions must be rooted in real-world data and a thorough understanding of the long-term implications, it said. <strong><a href="https://www.business-standard.com/economy/news/world-bank-s-suggestion-to-join-rcep-based-on-flawed-projections-gtri-124090400388_1.html" target="_blank">READ MORE</a></strong></div>
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Stock Market LIVE Updates: Adani Enterprises' first Indian retail bond fully subscribed at launch

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	Adani Enterprises&#39; first retail bond was fully subscribed at its launch on Wednesday, local Indian stock exchange data showed, in a rare issue on the market.</div>
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	While the Indian group has raised money from institutional investors since US short-seller Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation in January 2023, the new bond is the first test of retail demand.</div>
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	The allegations, which Adani has repeatedly denied, sparked a $150 billion meltdown in shares of companies in the group.</div>
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	Group share prices have recovered since much of the losses, prompting Adani to return to the capital markets. Adani Enterprises did not respond to requests for comment. <a href="https://www.business-standard.com/companies/news/adani-enterprises-first-indian-retail-bond-fully-subscribed-at-launch-124090401082_1.html"><strong>Read more</strong></a></div>

Share market today: Mixed global cues, falling crude & RLL listing in focus

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	Share market today: Indian shares are likely to open in the positive territory, as indicated by GIFT Nifty index. At 7:51 AM, GIFT Nifty futures were up 106.5 points at 25,356.5.</div>
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	Investors in the US will eye multiple data releases today that include challenger job cuts and ADP Employment change for August, among others. They will also focus on the release of the US payroll report on Friday (September 6), as it could decide whether a rate cut expected this month will be big or small. <a href="https://www.business-standard.com/markets/news/share-market-today-mixed-global-cues-falling-crude-rll-listing-in-focus-124090500074_1.html"><strong>Read more</strong></a></div>

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	Realty firm Prestige Estates Projects Ltd has raised Rs 5,000 crore by selling equity shares to institutional investors through private placement. The company had on August 29 launched its Qualified Institutional Placement (QIP) to raise funds.</div>
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	In a regulatory filing on Wednesday, Prestige Estates informed that a fundraising committee of the board approved the allocation of 2,98,68,578 equity shares at an issue price of Rs 1,674 apiece to eligible institutional investors.<br />
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	The issue price was at a discount of 4.62 per cent on the floor price of Rs 1,755.09 per share fixed by the panel.<a href="https://www.business-standard.com/companies/news/prestige-estates-raises-rs-5-000-crore-by-selling-equity-shares-via-qip-124090500005_1.html"><strong> Read more</strong></a></div>

Stock Market LIVE Updates: RailTel Corp gets work order of Rs 10.92 cr from Northern Railways

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	The company in an exchange filing said that it has received the work order from Northern Railways for Railway Telecom Project amounting to Rs 10,92,47,304.<br />
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	<em>Source: BSE</em></div>

Stock Market LIVE Updates: Gold falls Rs 10, silver down Rs 100, yellow metal trading at Rs 72,750/10g

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	The price of 24-carat gold dipped Rs 10 in early trade on Thursday, with ten grams of the precious metal trading at Rs 72,750 according to the GoodReturns website. The price of silver declined Rs 100, with one kilogram of the precious metal selling at Rs 84,900.</div>
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	The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,680.</div>
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	The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 72,750. <a href="https://www.business-standard.com/markets/commodities/gold-falls-rs-10-silver-down-rs-100-yellow-metal-trading-at-rs-72-750-10g-124090500070_1.html" target="_blank"><strong>Read more</strong></a></div>

Stock Market LIVE Updates: Weak auto sales, rising costs may hit ancillary cos in near-term

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	With wholesale passenger vehicle (PV) sales declining for a second consecutive month in August, analysts forecast a bumpy near-term outlook for ancillary companies.</div>
<div>
	<br />
	Saji John, senior research analyst at Geojit Financial Services, for instance, believes that weak domestic demand in some segments, coupled with supply chain issues, may keep auto ancillary stocks sideways in the immediate term.&quot;The near-term market sentiment is cautious for the sector due to high valuations. Companies with a high PV and commercial vehicle (CV) mix eye near-term challenges,&quot; he said. <a href="https://www.business-standard.com/markets/news/weak-auto-sales-rising-costs-may-hit-ancillary-cos-in-near-term-analysts-124090500068_1.html"><strong>Read more</strong></a><br />
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Stocks to Watch: RIL, GIC Re, Suzlon Energy, HDFC Bank, Mastek, Adani Ent

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	<strong>Reliance Industries:</strong>The company has secured the full 10 GWh capacity of the Advanced Chemistry Cell (ACC) under the second phase of the Production Linked Incentive (PLI) scheme. RIL is constructing a 30 GWh battery manufacturing facility in Jamnagar, with production expected to start in the latter half of 2025. Additionally, Reliance&#39;s board will meet on September 5 to discuss a 1:1 bonus share issue.</div>
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	<strong>Adani Enterprises:</strong>The company&#39;s first retail bond issue, , aiming to raise up to Rs 800 crore, has been fully subscribed. The company has also set up a subsidiary in Kenya to pursue a potential acquisition of Nairobi&#39;s Jomo Kenyatta International Airport, with an estimated investment of up to $810 million.</div>
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	<strong>General Insurance Corporation of India:</strong>The first day of GIC Re&rsquo;s offer for sale (OFS) saw bids worth nearly Rs 2,300 crore. The OFS, which aims to divest up to 6.78 per cent of the government&rsquo;s stake, has received bids for 58 million shares. The final divestment may be less than 3.4 per cent, with further divestments required to meet the 25 per cent public shareholding mandate.<a href="https://www.business-standard.com/markets/news/stocks-to-watch-ril-gic-re-suzlon-energy-hdfc-bank-mastek-adani-ent-124090500056_1.html" target="_blank"><strong> Read more</strong></a></div>

Stock Market LIVE Updates: Biocon, PFC, Chambal Fert; top picks by Ajit Mishra of Religare Broking

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	<strong>Biocon Limited | LTP: Rs379.40| Buy |Target: 400 | Stop-loss: Rs 368</strong></div>
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	The pharma sector is showing notable resilience, with BIOCON taking the lead. The stock has broken out from a bullish rectangle pattern, accompanied by a strong surge in volumes. This chart pattern, along with the increased trading activity, suggests that the stock is poised to attract fresh upward momentum. <a href="https://www.business-standard.com/markets/news/biocon-pfc-chambal-fert-top-picks-by-ajit-mishra-of-religare-broking-124090500052_1.html"><strong>Read more</strong></a></div>