FED’S WALLER:

MAY NOT TAKE MUCH INFLATION ACCELERATION TO SUPPORT TIGHTER POLICY

IF AUGUST INFLATION DATA SHOWS PROGRESS HAS REVERSED, 'SMALL ADJUSTMENT' TO POLICY RATE WOULD HELP ENSURE PROGRESS RESUMES

GDP GROWTH CONTINUING AT 'SOLID' PACE, EQUITY PRICE GAINS SHOULD SUSTAIN CONSUMPTION GROWTH

SEES CONSIDERABLE UNCERTAINTY ABOUT HOW OUTLOOK FOR PRICES, ECONOMY IS AFFECTED BY MILITARY CONFLICTS, TRADE POLICY, AI

BSE, BROKING STOCKS : SEBI TO REVIEW DERIVATIVES SETTLEMENT PRICE METHODOLOGY (CAS) 🟢

• SEBI will review the methodology used to determine settlement prices of derivative contracts on expiry.
• Currently, the closing price determined through the Closing Auction Session (CAS) in the cash market is also used for derivative settlement on expiry.
• SEBI received significant feedback from exchanges, brokers, proprietary traders, mutual funds, FPIs and other market participants after CAS implementation.
• Regulator may propose changes to the derivatives settlement-price methodology based on initial implementation experience and stakeholder feedback.
• SEBI plans to issue a consultation paper on the proposed changes in about a week.
Impact: Mild Positive for BSE & Broking Stocks (Review could address operational concerns around expiry settlement and improve market functioning, though final changes are yet to be announced)

KEI IND ; No price action taken by KEI Industries yet - NDTV PROFIT 🔴

RR KABEL ; RR Kabel has announced price hikes between 2-3.5% for the products-but has been kept on hold - NDTV PROFIT 🔴🔴

BSE , BROKING STOCKS ; SEBI to propose changes to CAS system in a week's time

Changes specifically to calculation of settlement prices of derivative contracts

SEBI to review settlement price methodology for derivatives contract

NSE to align pre-open auction with closing auction session

Revised pre-open framework to take effect from September 7

Pre-open remains 9:00–9:15 am, but order process changes

Market and limit orders allowed only in first five minutes; Only limit orders allowed from 9:05-9:10 am

Order matching and opening price determination shift to 9:10-9:12 am

Market-market orders get first priority in pre-open matching

FINOLEX CABLES; 3% hike on Light Duty Cables and Communication Cables w.e.f Sept 4 - NDTV PROFIT

POLYCAB: Rise in listing price of 3% for 90M and 180M wires. Price changes effective from Sept.2 - NDTV PROFIT

STOCKS ROSE THE MOST IN A MONTH AS FED GOVERNOR CHRISTOPHER WALLER SAID HE'D SUPPORT HOLDING RATES STEADY IF PRICE PRESSURES KEEP EASING, WITH THE S&P 500 UP 1.1% AS MEGACAPS RALLIED, THE DOLLAR AT ITS LOWEST SINCE MAY, BITCOIN TOPPING $80,000 AND THE YEN JUMPING ON BETS FOR JAPANESE RATE HIKES.

AJC JEWEL: CO. MANUFACTURERS TO ACQUIRE 80% STAKE IN UAE JEWELLERY BUSINESS, CONSOLIDATING INTERNATIONAL OPERATIONS

NHC FOODS: CO TO CONSIDER A PROPOSAL OF FUND RAISING BY ISSUE OF EQUITY SHARES/ CONVERTIBLE WARRANT, ON SEPT 9

BRIGADE GROUP'S MD SAYS CO. IS ENTERING MEGA CAPEX CYCLE OF UP TO RUPEES 20,000 CRORE TO SCALE UP ITS DIVERSIFIED PORTFOLIO, WHICH INCLUDES PREMIUM RESIDENTIAL DEVELOPMENTS, OFFICES, MALLS, AND HOTELS (BRIGADE ENTERPRISES)

UBL: CO TARGETS MID-TEENS GROWTH AS PREMIUMISATION, BEER REFORMS AID OUTLOOK

HAL: GE AEROSPACE SHIPPED THREE F404-IN20 ENGINES TO HAL FOR THE TEJAS MK1A PROGRAMME, SUPPORTING PRODUCTION AMID ONGOING ENGINE SUPPLY DELAYS.

NVIDIA’S PRICE HIKE PLAN MAY RAISE INDIA’S AI INFRA COSTS (NETWEB TECH, TATA COMM)

GOVT BOOSTS COAL INDIA SUPPLIES TO REBUILD POWER-PLANT STOCKS AMID 10%+ DEMAND GROWTH

RPG LIFE SCIENCES:

CO EYES MORE ACQUISITIONS TO EXPAND API PORTFOLIO OVER NEXT 12 MONTHS

JIO TARGETS NAVRATRI-DIWALI WINDOW FOR RECORD $4-BILLION IPO

KERNEX MICRO: ORDER BOOK IN HAND & FY27–FY29: KAVACH PIPELINE, CUMULATIVELY THE EXECUTION BASE BUILDS FROM ₹2,105 CR IN FY27 TO ₹4,305 CR BY FY28 AND ₹6,727 CR BY FY29 - INVESTOR PRESENTATION