JIO PLATFORMS GETS SEBI NOD FOR RECORD ₹37,700-CR IPO; FRESH ISSUE OF 27-CR SHARES

ASHOKA BUILDCON: RECEIVED LETTER OF ACCEPTANCE FROM RAIL VIKAS NIGAM LIMITED FOR PROJECT WORTH ₹602.16 CRORE; INVOLVES SUPPLY, ERECTION, TESTING & COMMISSIONING OF ELECTRO MECHANICAL SYSTEMS; COMPLETION PERIOD OF 30 MONTHS.

MAX ESTATES: CO ACQUIRES 84.71-ACRE DELHI LAND BANK FOR ₹420 CR EQUITY; TARGETS ₹10,000–12,000 CR GDV

ELGI EQUIPMENTS: CO UNIT RECEIVES TARIFF REFUND OF US$ 1.55 MILLION FROM U.S. CUSTOMS; REFUND DUE TO US SUPREME COURT DIRECTIVES ON EXCESS TARIFF COLLECTIONS.

TATA CHEMICALS: CO. ACQUIRES SODA ASH CUSTOMER CONTRACTS FROM SEARLES VALLEY MINERALS INC. FOR USD 21.16 MILLION; ACQUISITION INCLUDES OVER HALF MILLION METRIC TONS OF ORDERS THROUGH DECEMBER 2028.

MAX ESTATES: CO TO ACQUIRE 84.7-ACRE NAJAFGARH LAND BANK FOR ₹420.23 CR VIA ₹597.50/SHARE SWAP

GUJARAT THEMIS BIOSYN: CO APPROVED THE ALLOTMENT OF 2.12 CR EQUITY SHARES TO QIBS AT ₹354 PER SHARE, RAISING AN AGGREGATE ₹750 CR THROUGH ITS QIP

CIPLA: USFDA HAS CLASSIFIED ITS INSPECTION OF INVAGEN PHARMACEUTICALS INC.’S UNIT 3 MANUFACTURING FACILITY IN NEW YORK, AS VOLUNTARY ACTION INDICATED (VAI).

EU SUMMIT

Politico: PM Modi to attend the EU summit in December

India-EU trade deal to be signed by end-2026: EU envoy to ET NOW

COMMERCE SECRETARY

INDIA-ARGENTINA JTC MEETING

Both sides reaffirm commitment to deepen strategic & economic ties

India-Argentina advance cooperation in lithium, energy and agriculture

Talks note progress on Indian agri product entry into Argentina

India, Argentina strengthen pharma access, expand digital, space ties

Bilateral trade between India and Argentina crossed $6.5 bn in 2025

AAYUSH WELLNESS:

CO. LAUNCHES LUNG CARE TABLETS TO ENTER ₹18,913 CR RESPIRATORY HEALTHCARE MARKET;

TARGETS SMOKING-EXPOSED AND RESPIRATORY-CONCERNED CONSUMERS

Tarun Mehta, Co-Founder, CEO, Ather Energy

One in 4 scooter buyers is buying electric scooters these days

We have launched a new platform called EL

Today we're launching the first product on this platform

ATHER ENERGY: CO LAUNCHES KONARC ELECTRIC SCOOTER STARTING AT RS 99,999; TARGETS MASS-MARKET BUYERS

TRANSFORMERS AND RECTIFIERS (INDIA): CO. RECEIVES LARGE ORDER FROM MEGH ENGINEERING AND INFRASTRUCTURES LIMITED FOR MANUFACTURING TRANSFORMERS; LARGE ORDER VALUES BETWEEN RS 100 - 500 CR.

📊 PROMOTER / INSIDER ACTIVITY — AUG 2026

🟢 BUYING

CONFIDENCE PETROLEUM 🚀

• Essenn LPG Bottling Pvt Ltd bought 7.46L shares (0.22%) @ ₹80.74 — 26 Aug

• Confidence LPG Bottling Pvt Ltd bought 4.19L shares (0.13%) @ ₹72.19 — 24 Aug

💰 Total Buying: 11.65L shares | ~₹9.05 Cr

📈 Impact: Positive

SREE RAYALASEEMA HI-STRENGTH HYPO

• TGV Industries Pvt Ltd bought 2,596 shares (0.01%) @ ₹474.43 — 28 Aug

📈 Impact: Mildly Positive

🔴 SELLING

RUBICON RESEARCH 🚨

• General Atlantic Singapore RR Pte Ltd sold 1.40 Cr shares (8.45%) @ ₹164.26 — 25–26 Aug

📉 Impact: Strong Negative / Supply Overhang

DECCAN GOLD MINES

• KMP Krishnamurthy Karunakaran sold 2.56L shares (0.12%) @ ₹234.95 — 24–26 Aug

• Andrew Mark Weeks sold 20,000 shares @ ₹225.17 — 26 Aug

• K S Yogananda sold 19,986 shares @ ₹230.94 — 26 Aug

📉 Impact: Negative

KARUR VYSYA BANK

• B Ramesh Babu (Director) sold 30,000 shares (0.04%) @ ₹346.16 — 25 Aug

• G Rajasekaran sold 1,000 shares @ ₹357.64 — 27 Aug

• R Nageswari sold 1,000 shares @ ₹357.64 — 27 Aug

• G Mani sold 1,000 shares @ ₹357.64 — 27 Aug

📉 Impact: Mildly Negative

JINDAL STEEL

• Sarika Jhunjhunwala sold 95,000 shares (0.01%) @ ₹1,139 — 24 Aug

GMR AIRPORTS: TO EXPLORE INTERNATIONAL AIRPORT OPPORTUNITIES

• GMR Group plans to explore airport opportunities across West Asia and Central Asia.

• Eastern Europe and Southeast Asia are also potential expansion markets.

• GMR Airports aims to expand its global asset-light airport portfolio.

• Impact: Positive.

Data for 28-Aug-2026

Cash Market Flows
👍 DII net bought ₹5184 cr
👎 FII net sold ₹5040 cr

FII On Index Futures (Contracts)
👉 Longs -33
👉 Shorts +4808

🚨 FII Long:Shorts at 10%:90% 🚨

GOVT TO BEGIN UNION BUDGET 2027-28 PREPARATIONS FROM OCTOBER 12

Finance Ministry will kick off pre-Budget consultations on October 12, with the exercise focused on reforms, economic growth, job creation and boosting domestic demand amid heightened global uncertainties.

JAPAN’S SHORT-TERM BOND DEMAND COLLAPSES

Investor appetite for Japanese government debt is weakening, with the 2-year JGB auction recording its weakest demand since September.

The bid-to-cover ratio fell sharply to 2.97 from 3.63 at the previous auction, signaling growing investor caution as Japanese yields rise and markets price in further BOJ tightening

HEDGE FUNDS ARE CUTTING EXPOSURE TO GLOBAL TECH STOCKS

Hedge funds sold the most information-technology stocks in more than two years last week, signaling a notable rotation away from the tech sector

AXISCADES: TO ACQUIRE MAJORITY STAKE IN CLOUD WAVE

• AXISCADES to acquire majority stake in Cloud Wave Technologies at an enterprise valuation of ~₹260 Cr.

• Cloud Wave is expected to report ₹180 Cr revenue with 22% EBITDA in FY27.

• Acquisition strengthens aerospace precision engineering and manufacturing capabilities.

• Impact: Positive.