RBI: BANKS RAISED $127.23 BILLION VIA FOREIGN CURRENCY NON RESIDENT DEPOSITS TILL AUG 31 VIA SWAP FACILITY

AMERICAN SOURCE OUR STRIKES WERE PREEMPTIVE AGAINST AN IRANIAN PLOT TO TARGET THE SUBMARINE CABLES IN HORMUZ

Massive Dollar Inflow for INDIA 🇮🇳

RBI schemes get $126.3 billion through the FCNR(B) window.

That's nearly Rs 12,00,000 crores ! ( Rs 12 lakh crores ) Much above earlier estimates.

ITALY'S ENI AIMS TO BOOST OIL PRODUCTION IN VENEZUELA SIGNIFICANTLY

TRUMP ON TRUTH SOCIAL:

NOW THAT WE HAVE IT UNDER U.S.A. CONTROL, SHOULD WE CHANGE THE NAME HORMUZ STRAIT TO TRUMP STRAIT??? LIKE AMERICA ITSELF, IT WOULD BE “HOTTER” THAN EVER BEFORE! THANK YOU FOR YOUR ATTENTION TO THIS MATTER. PRESIDENT DONALD J. TRUMP

Indian Air Force Says

"A significant milestone for the IAF and Indian Industry.

The Indian Air Force successfully conducted the drop of an indigenously designed & developed Long Range Glide Bomb (Khagantak-243). 

The Trials met all objectives scaling new peaks of lethality through."

NMDC , GMDC , NLC INDIA , COAL INDIA

India in talks with multiple countries to develop critical minerals for domestic needs: Piyush Goyal

BLUE STAR

Co to sell arm Blue Star Engineering & Electronics for ₹40 Cr

Arm to be sold to Cyrix Healthcare

JEFFERIES ON WELSPUN CORP

INITIATES BUY | TP ₹3,250

• Expects 17% volume CAGR over FY26–29E.

• EBITDA & EPS expected to grow at 32–33% CAGR over FY26–29E.

• 51% capacity expansion in the US & Saudi Arabia to drive growth.

• Higher contribution from better-margin overseas business expected to improve profitability.

• Order book at ₹42,100 Cr, equivalent to ~2.5x FY26 revenue.

• Net cash expected to rise to ₹3,900 Cr by FY29E from ₹1,400 Cr.

• RoE expected at 22–23% during FY27–29E.

INDIA'S PLASTIC RECYCLING MARKET TO GROW 9-11% ANNUALLY OVER NEXT DECADE: INDUSTRY BODY

DATA CENTRE INDUSTRY STAKEHOLDERS MEET PIYUSH GOYAL TO DISCUSS POWER AVAILABILITY AND REGULATORY ISSUES

KRN HEAT EXCHANGER:

CO RS350 CR QIP TO FUND 6X CAPACITY EXPANSION AT NEEMRANA TO 6MN+ UNITS/YR;

CO TARGETS DATA CENTRE, DEFENSE, RAIL, SEMICONDUCTOR COOLING AS NEXT GROWTH VECTORS

RPG LIFE SCIENCES: SUBSIDIARY TO ACQUIRE API BUSINESS FOR ₹135 CR

• RPG Active Pharma to acquire API & Intermediates business of Raghava Life Sciences for up to ₹135 Cr.

• Acquisition includes a modern ~300 KL API facility near Hyderabad.

• Business has 22 commercialised APIs and 7 APIs under development.

• Deal strengthens RPG’s API portfolio, manufacturing capacity and export opportunities.

• Acquisition to be funded through RPGAP’s recent equity raise.

PERSISTENT SYSTEMS: APPROVES FUNDRAISING PLANS UP TO $1.7 BILLION

• Board approves alteration of the Articles of Association to facilitate proposed fundraising.

• Long-term debt financing of up to $1.25 billion through ECBs, NCDs or similar instruments.

• Additional fundraising of up to $450 million through FCCBs, QIP, preferential issue or other permitted modes.

• Proposed fundraising is subject to members’ and regulatory approvals.

• EGM notice to be submitted shortly.

WAAREE ENERGIES: CO GUIDES FY27 OPERATING EBITDA TO ₹7,000-7,700CR, TARGETS 29 GW MODULE CAPACITY

FED'S BEIGE BOOK SAYS ECONOMIC ACTIVITY INCREASED MODESTLY SINCE EARLY JULY, WITH EMPLOYMENT RISING VERY SLIGHTLY OVERALL — THREE DISTRICTS SHOWING MODEST GAINS, FOUR REPORTING SLIGHT GAINS AND FIVE EXPERIENCING NO CHANGE.

FED'S BEIGE BOOK SAYS THE GENERAL OUTLOOK FOR THE COMING MONTHS WAS POSITIVE BUT SENTIMENT WAS MIXED ACROSS SECTORS, WITH CONTACTS REPORTING HEIGHTENED UNCERTAINTY SURROUNDING THE EFFECTS OF HIGHER ENERGY PRICES.

Other Stocks Watchlist

POSITIVE

Axiscades Tech-BM on Sept.5 for Rs 200cr fundraise via NCDs

Muthoot Finance-Shareholder nod for re-appointment of MD, CEO

Jeena Sikho Lifecare - To expand Ayurvedic healthcare portfolio

Jindal Worldwide, Shivalik Bimetal Controls -Re-appointment of MD

GMR Airports-CARE Ratings upgraded on existing NCBs

Power Grid- Wins bid for Rajasthan REZ transmission project

Kabra Extrusion Technik-LOI for battery-pack development and supply.

Fine Organics, RPG Life-Acquisition announcements

Indo-Tech Transformers-166cr order from AP TRANSCO

RBL BANK-To mull issuance of foreign currency bonds on Sept 7

NEGATIVE

Omaxe - SAT dismissed the company's appeal against SEBI

Quality Power Electrical Equipments-Defers proposed preferential issue

Omnitech Engineering, Juniper Green, MV Electrosystems-Lockin expiry

Page Industries-Dubai court notice

NHPC- Subansiri Lower Hydro Electric Project dispute.

Action For Day

PM Modi- CII Event On India-EU FTA

Sensex Expiry

Block Deal-Meesho

IPO Listings-Lumino Industries

AGM- Adani Green Energy

Lockin In Expiry- Omnitech Engineering, Juniper Green, MV Electrosystems

US Treasury- $12.5 Billion Debt Buyback

US Initial Jobless Claims Data

Opening Cues-Positive Triggers

Trump-Iran War Will Not Last For Longer

Crude Snaps 3-day Gaining Streak

Global Treasury Yields Cool-Off

Gold Holds Gain Near $4400/Oz Levels

Yen Strengthens On Suspected Rate Check

Asian Stocks Advance

Strong India FCNR Bond Data

Rupee At 2-Month High On RBI Intervention

FIIs Cash Buying Highest Since Oct. 2025

FII Shorts At 90% vs 91%

FII Buyers In Cash Market For 2nd Day