Bank of America raised its H2 2026 Brent forecast to $95 from $83, expecting Middle East tensions to persist through year-end.
Hormuz disruptions are still running 4β8 million barrels per day below pre-war levels, despite alternative routes and escorted shipments.
BofA sees Brent averaging $80 in 2027, but warns prolonged disruptions could send front-month prices above $150.
Hormuz disruptions are still running 4β8 million barrels per day below pre-war levels, despite alternative routes and escorted shipments.
BofA sees Brent averaging $80 in 2027, but warns prolonged disruptions could send front-month prices above $150.
KREMLIN REPORTS RUSSIA IS DISCOVERING NEW ROUTES FOR ITS GRAIN EXPORTS.
KREMLIN CONFIRMS PUTIN AND ERDOGAN DISCUSSED TURKISH PLAN FOR BLACK SEA, WITH MORE DIPLOMATIC COMMUNICATION FOLLOWING.
KREMLIN ACCUSES UKRAINE OF CAUSING PROBLEMS FOR GRAIN EXPORTS THROUGH THE BLACK SEA.
KREMLIN CONFIRMS PUTIN AND ERDOGAN DISCUSSED TURKISH PLAN FOR BLACK SEA, WITH MORE DIPLOMATIC COMMUNICATION FOLLOWING.
KREMLIN ACCUSES UKRAINE OF CAUSING PROBLEMS FOR GRAIN EXPORTS THROUGH THE BLACK SEA.
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KREMLIN CALLS FOR LIFTING SANCTIONS ON ALL RUSSIAN CITIZENS, NOT JUST BUSINESSMEN FRIDMAN AND USMANOV.
KREMLIN STATES U.S. AND ALLIES ARE NOT WORKING WITH RUSSIA IN THE ARCTIC.
KREMLIN STATES U.S. AND ALLIES ARE NOT WORKING WITH RUSSIA IN THE ARCTIC.
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KREMLIN STATED THAT THE SUBJECT OF U.S. MILITARY BASES IN GREENLAND IS A CONCERN FOR THE INVOLVED COUNTRIES.
KREMLIN NOTES GERMANY'S AFD PARTY IS GAINING POPULARITY AND THEY SEEK CONVERSATIONS WITH MOSCOW, WHICH THEY FIND INTERESTING.
KREMLIN NOTES GERMANY'S AFD PARTY IS GAINING POPULARITY AND THEY SEEK CONVERSATIONS WITH MOSCOW, WHICH THEY FIND INTERESTING.
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BLOCK DEAL IN PINE LABS
ICICI Pru Life Ins Buys 93.1 Lk Shs (0.81% Eq) For βΉ174.80 Cr
Societe Generale Buys 87.7 Lk Shs (0.76% Eq) For βΉ164.66 Cr
Citigroup Global Buys 66.7 Lk Shs (0.58% Eq) For βΉ125.23 Cr
Edelweiss MF Buys 52.94 Lk Shs (0.46% Eq) For 99.4 Cr
Mastercard Asia Sells 4.97 Cr Shs (4.31% Eq) For βΉ934 Cr
Deal Was Executed At An Avg Price Of 187.75/Sh On BSE
ICICI Pru Life Ins Buys 93.1 Lk Shs (0.81% Eq) For βΉ174.80 Cr
Societe Generale Buys 87.7 Lk Shs (0.76% Eq) For βΉ164.66 Cr
Citigroup Global Buys 66.7 Lk Shs (0.58% Eq) For βΉ125.23 Cr
Edelweiss MF Buys 52.94 Lk Shs (0.46% Eq) For 99.4 Cr
Mastercard Asia Sells 4.97 Cr Shs (4.31% Eq) For βΉ934 Cr
Deal Was Executed At An Avg Price Of 187.75/Sh On BSE
SEAMEC: CRISIL REAFFIRMS CREDIT RATINGS
β’ Long-term rating reaffirmed at CRISIL A+/Stable
β’ Short-term rating reaffirmed at CRISIL A1
β’ Ratings removed from βRating Watch with Developing Implicationsβ
β’ Bank loan facilities rated: βΉ863 Cr
β’ Long-term rating reaffirmed at CRISIL A+/Stable
β’ Short-term rating reaffirmed at CRISIL A1
β’ Ratings removed from βRating Watch with Developing Implicationsβ
β’ Bank loan facilities rated: βΉ863 Cr
PUNJAB & SIND BANK
Bank receives notice of all-India strike from Sep 28-30
Strike by United Forum of Bank Unions over various demands
Punjab & Sind Bank says:
Branch & office operations may be affected if strike materialises
Taking steps to ensure smooth operations during strike
Bank receives notice of all-India strike from Sep 28-30
Strike by United Forum of Bank Unions over various demands
Punjab & Sind Bank says:
Branch & office operations may be affected if strike materialises
Taking steps to ensure smooth operations during strike
M&M:
MD & CEO Anish Shah sells 76,357 equity shares of company to meet ESOP tax obligation
MD & CEO Anish Shah sells 76,357 equity shares of company to meet ESOP tax obligation
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TRUMP AT UN GENERAL ASSEMBLY 2026
We passed the largest tax break in history.
I call on Iran to reach a deal.
We are adding weapons to our stockpiles fast.
We won't give credence to the election when it comes to Iran.
I urge nations to join in the economic isolation of Iran.
We will be able to supply allies at a much faster rate.
We ended the war in Gaza, freed all hostages.
I have had the great honour of settling 8 wars.
A Russia-Ukraine deal will happen soon.
We are working closely with Russia and Ukraine leaders.
We signed a major oil deal with Venezuela.
We passed the largest tax break in history.
I call on Iran to reach a deal.
We are adding weapons to our stockpiles fast.
We won't give credence to the election when it comes to Iran.
I urge nations to join in the economic isolation of Iran.
We will be able to supply allies at a much faster rate.
We ended the war in Gaza, freed all hostages.
I have had the great honour of settling 8 wars.
A Russia-Ukraine deal will happen soon.
We are working closely with Russia and Ukraine leaders.
We signed a major oil deal with Venezuela.
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ADITYA INFOTECH LTD ;
LAUNCHED QIP, FIXES FLOOR PRICE @ βΉ3648.43/SHARE
β’ Qualified Institutions Placement (QIP) issue opens Sept 22, 2026.
β’ Floor price set at βΉ3,648.43 per Equity Share.
β’ Discount of up to 5% allowed on floor price.
β’ Impact: Fundraise via QIP.
LAUNCHED QIP, FIXES FLOOR PRICE @ βΉ3648.43/SHARE
β’ Qualified Institutions Placement (QIP) issue opens Sept 22, 2026.
β’ Floor price set at βΉ3,648.43 per Equity Share.
β’ Discount of up to 5% allowed on floor price.
β’ Impact: Fundraise via QIP.
COFORGE: EXPANDS AGENTICOPS CAPABILITIES
β’ Expanding AgenticOps capabilities to help enterprises scale AI-driven autonomy securely and cost-effectively.
β’ Working with 160+ clients on their AgenticOps journey.
β’ EvolveOps.AI is the AgenticOps layer within Coforge's Nuuron AI autonomy enablement suite.
β’ Focus areas include AI governance, security, resilience and trusted AI infrastructure for autonomous systems.
β’ Expanding AgenticOps capabilities to help enterprises scale AI-driven autonomy securely and cost-effectively.
β’ Working with 160+ clients on their AgenticOps journey.
β’ EvolveOps.AI is the AgenticOps layer within Coforge's Nuuron AI autonomy enablement suite.
β’ Focus areas include AI governance, security, resilience and trusted AI infrastructure for autonomous systems.
β€1
TRUMP SAYS HE AND ZELENSKIY ARE WORKING ON A SOLUTION TO END THE WAR AND THAT UKRAINE 'WILL MAKE A DEAL', ADDING THAT HE DISCUSSES IT OFTEN, INCLUDING WITH PUTIN
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TRUMP SAYS THE IRAN MEETING 'WENT VERY WELL', ADDING THAT U.S. OFFICIALS MET WITH AN IRANIAN DELEGATION EARLIER FOR THREE HOURS
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US TREASURY SECRETARY BESSENT: ADMINISTRATION EXAMINING DIESEL EXPORT BAN & WHETHER IT IS FEASIBLE
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BESSENT EMERGES AS FRONTRUNNER FOR TRUMPβS NEW βAI CZARβ ROLE β SEMAFOR
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UBS on Financials
Believe India is entering a strong unsecured credit growth cycle, led by personal loans.
Think this is being supported by healthy asset quality across banks and NBFCs, flat unsecured household leverage over past three years, abundant system liquidity & a more risk-on stance from lenders
With gold prices stabilizing and, thus, likely gold loan growth moderation, a key substitute for personal loans over past few years could lose some momentum
This may benefit private banks and large NBFCs with strong personal loan franchises
Believe India is entering a strong unsecured credit growth cycle, led by personal loans.
Think this is being supported by healthy asset quality across banks and NBFCs, flat unsecured household leverage over past three years, abundant system liquidity & a more risk-on stance from lenders
With gold prices stabilizing and, thus, likely gold loan growth moderation, a key substitute for personal loans over past few years could lose some momentum
This may benefit private banks and large NBFCs with strong personal loan franchises
S&P UPGRADES INDIA'S FY27 REAL GDP GROWTH FORECAST TO 7%
Upgrades India's FY27 Real GDP Growth Forecast By 4 Bps To 7%
Robust Industrial Activity, Healthy Consumption Support Higher Growth
Strong Exports, Accelerating Govt Investment Key Growth Drivers
Expect RBI To Raise Repo Rate By 25 Bps ΀ο 5.50% In FY27
Inflationary Pressures, West Asia War, Weather Risks Support Rate Hike
Upgrades India's FY27 Real GDP Growth Forecast By 4 Bps To 7%
Robust Industrial Activity, Healthy Consumption Support Higher Growth
Strong Exports, Accelerating Govt Investment Key Growth Drivers
Expect RBI To Raise Repo Rate By 25 Bps ΀ο 5.50% In FY27
Inflationary Pressures, West Asia War, Weather Risks Support Rate Hike
Emkay Brokerage Calls
Hindustan Aeronautics: BUY | TP βΉ5,950
Bharat Electronics: BUY | TP βΉ500
Bharat Dynamics: ADD | TP βΉ1,350
BEML: BUY | TP βΉ2,600
Hindustan Aeronautics: BUY | TP βΉ5,950
Bharat Electronics: BUY | TP βΉ500
Bharat Dynamics: ADD | TP βΉ1,350
BEML: BUY | TP βΉ2,600
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