TRUMP ON IRAN:

NEGOTIATIONS MAYBE AT SOME POINT

TRUMP:

HAD A LOT OF BOATS COME THROUGH HORMUZ LAST NIGHT

LOHIA CORP Q1 FY27: STRONG YOY GROWTH

• Net Profit: ₹66.26 Cr | ↑292% YoY | ↓7% QoQ

• Revenue: ₹503.02 Cr | ↑60% YoY | ↓2% QoQ

• EBITDA: ₹100.18 Cr | ↑177% YoY | ↓3% QoQ

• EBITDA Margin: 19.9% | 11.5% YoY | 20.2% QoQ

YoY ↑ Strong Growth | QoQ ↓ Moderation

US AND CANADA NEAR TENTATIVE DEAL TO CUT TARIFFS ON CERTAIN CANADIAN STEEL AND ALUMINUM IMPORTS TO 25% FROM 50%.

TRUMP’S THREE-DAY TARIFF PAUSE GIVES NEGOTIATORS MORE TIME; CANADA SEEKS RELIEF ON STEEL AND AUTOS AS US INDUSTRY PUSHES FOR ALUMINUM TRACEABILITY RULES.

MOST PARTICIPANTS AT THE FED'S JULY 28-29 MEETING SUPPORTED KEEPING INTEREST RATES UNCHANGED, BUT SEVERAL FAVORED AN INCREASE, THE MINUTES SHOW, WITH MANY PARTICIPANTS ASSESSING THAT HIGHER RATES WOULD LIKELY BE NECESSARY IF INFLATION DID NOT FALL AND SOME SAYING FINANCIAL CONDITIONS MIGHT NOT BE RESTRICTIVE ENOUGH TO RETURN INFLATION TO THE 2% TARGET.

THE FED MINUTES SHOW VARIOUS PARTICIPANTS SAID TIGHTER FINANCIAL CONDITIONS OVER THE INTER-MEETING PERIOD REFLECTED STRONG ECONOMIC GROWTH AND EXPECTATIONS FOR THE FED TO ADOPT A MORE RESTRICTIVE STANCE BEFORE LONG, WHILE A FEW WHO FAVORED RAISING RATES JUDGED DOING SO WOULD LIKELY HELP FORESTALL THE NEED FOR FURTHER HIKES.

THE FED MINUTES SHOW CHAIRMAN WARSH SAID SIX SCHEDULED MEETINGS PER YEAR, HELD ROUGHLY EVERY TWO MONTHS, WOULD ALLOW MORE INFORMATION TO ACCUMULATE BETWEEN MEETINGS, THOUGH NO DECISIONS WERE MADE ON THE NUMBER OF MEETINGS AND HE INDICATED NO CHANGE TO THE 2026 SCHEDULE, AS ALMOST ALL MEMBERS AGREED IT WAS APPROPRIATE TO RETAIN POLICY STATEMENT LANGUAGE AFFIRMING THE FOMC 'WILL DELIVER PRICE STABILITY'.

ISRAEL WILL BEGIN PRODUCING SMART BOMBS FOR FIGHTER JETS, IN A MOVE INTENDED TO CREATE WEAPONS INDEPENDENCE IN THE FACE OF TENSIONS WITH IRAN - ISRAEL'S N12 NEWS

NASDAQ COMPOSITE UNOFFICIALLY ENDS SESSION HIGHER BY 38.12 POINTS, OR 0.14 PERCENT, FINISHING AT 26,327.83

S&P 500 INDEX UNOFFICIALLY ENDS SESSION HIGHER BY 16.89 POINTS, OR 0.22 PERCENT, FINISHING AT 7,708.65

DOW JONES INDUSTRIAL AVERAGE UNOFFICIALLY ENDS SESSION HIGHER BY 114.14 POINTS, OR 0.21 PERCENT, FINISHING AT 53,457.54

📊 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 𝗧𝗼𝗱𝗮𝘆! 📈

📅 𝗗𝗮𝘁𝗲: 20 Aug, 2026

📋 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀:
- SPEL Semiconductor Ltd
- Standard Surfactants Ltd
- Supreme Engineering Ltd
- M.V.K. Agro Food Product Ltd
- Manipal Health Enterprises Ltd

Glenmark Pharma: U.S. FDA Approval 🇺🇸

• U.S. FDA approves Fluticasone Propionate Nasal Spray 0.05 mg/spray

• Product is bioequivalent and therapeutically equivalent to Flonase® Nasal Spray

• Glenmark Pharmaceuticals Inc., USA will distribute the product

• Flonase® market sales: ~$295.2 million for 12 months ended June 2026

• Approval expands Glenmark’s respiratory portfolio in the U.S.

LIC Gets RBI Approval to Raise Stake in HDFC Bank

LIC approved to increase its holding in HDFC Bank to up to 9.99% from the current 4.11%.

MMTC ; MMTC-PAMP plans to enter household gold recycling, eyes India's 30,000-tonne idle gold stock - Mc

ADITYA BIRLA CAPITAL: EXPANDS SECURED LENDING OFFERINGS WITH PHASE-WISE ROLLOUT OF 200-300 DEDICATED GOLD LOAN BRANCHES BY MARCH 2027

BHARTI AIRTEL : Vodafone Idea to not remove Rs 299 base plan, says in Citi Conference 🔴🔴

This could be negative for Airtel

Churn could be higher for Airtel

With both – Jio and VodaIdea – keeping the Rs 299 plan

Has around 20% users on Rs 299 plan

Around 7.53 crore users

BLUE STAR says Commodity Prices Will Hopefully Soften Soon | See Higher Growth From Data Centres, Semicon Space

PREMIER ENERGIES: CO SAYS DEMAND WILL BE ROBUST FOR TWO YEARS COMING QTRS WILL SEE ROBUST GROWTH WILL EXCEED ANALYST ESTIMATES ON MARGINS AND EBITDA TV

PREMIER ENERGIES: CO SAYS ORDER BOOK AT RS 15000 CR EQUIVALENT TO 2X FY26 REVENUE - CNBCTV18

TILAKNAGAR IND: CO SAYS WILL TAKE A PRICE INCREASE SOON, LIKELY IN THE NEXT 2 MONTHS - tv

Q1 Earnings Have Been Better Than Expectations

Economy Has Fared Better Than Expected Considering The Geopolitical Situation

Positive On Precision Mfg, Industrials, Auto Components Cos

Asian Markets Have Seen Strong Growth On The Back Of Al Play

Indian IT Services Cos Trading At Higher Multiples Than US Peers