Trump signals US may not impose secondary tariffs on India over Russian oil

Responding to the tariffs, the Ministry of External Affairs has said that the targeting of India is unjustified and unreasonable

S&P upgrades ratings of 10 financial institutions, including SBI, HDFC Bank

S&P has raised long-term issuer credit ratings on seven Indian banks -- State Bank of India, ICICI Bank, HDFC Bank, Axis Bank Ltd, Kotak Mahindra Bank, Union Bank of India, and Indian Bank -- and three finance companies -- Bajaj Finance, Tata Capital, and L&T Finance.

Small-caps rally: 25 stocks jump up to 54% as index breaks 3-week fall

For the week, BSE Large-cap and Mid-cap indices added 1 percent each and BSE Small-cap index rose 0.4 percent.

After inconclusive Alaska summit with Putin, Trump to host Zelenskyy in Washington on Monday

Zelenskyy told reporters that he had a “long, meaningful” phone call with Trump, after the U.S. president’s meeting with Putin produced no agreement to end the war in Ukraine.

RBI issues draft regulations on forex guarantees

The Reserve Bank of India is framing rules for foreign exchange guarantees. These rules impact Indian citizens involved in such guarantees. Individuals need RBI's approval to act as surety. Reporting of guarantees and any changes is mandatory within seven days. Late reporting attracts a fee. A three-year window is available for late fee payments.

Swiggy’s Instamart reclaims second spot from Zepto in quick commerce, surges ahead on net merchandise value

Based on NMV, Blinkit had a 52 percent market share, Swiggy was number two with a market share of 25 percent and Zepto was in third place with a 23 percent market share, the data, accessed by Moneycontrol, showed.

Good morning Traders

Gold prices likely to remain soft amid US-Russia diplomatic progress, looming Jackson Hole Symposium

Caution ahead of Trump-Putin talks and mixed US data kept traders wary, while growing confidence in a 25 basis point rate cut supported markets.

Why China’s $11 trillion stock market is a headache for both Xi and Trump

Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath of a dramatic bubble burst a decade ago

FPIs dump Indian equities worth Rs 21,000 crore in first half of August

With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the Rs 1.16 lakh crore mark so far in 2025, according to data with the depositories.

India-US 6th round of trade talks scheduled for August 25 deferred

The two nations opened trade talks in March and have held five rounds of negotiations, with the last one held in July in the US

Mcap of five of 10 most valued firms climbs Rs 60,675.94 cr; SBI, HDFC Bank biggest winners

Reliance Industries retained the title of the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, LIC and Bajaj Finance

India-US trade talks postponed, 25% additional penalty on India likely from August 27:

US stance on additional tariffs remains unchanged as no peace deal has yet been struck between the US, Russia, and Ukraine.

Sensex leaps 1,000 points, Nifty reclaims 25,000 as auto stocks fuel rally amid GST buzz; IT, pharma weigh

HDFC Bank, ICICI Bank, Maruti Suzuki, M&M, and Hero MotoCorp were the top gainers on the Nifty.

Ashok Leyland shares jump 7% on steady Q1 results, brokerages see up to 15% upside

Ashok Leyland share price: Brokerages including UBS and Choice Broking maintained a bullish outlook, projecting up to 15 percent potential upside from current levels, citing new product launches, cost discipline

Brokerages see autos, cement, ACs and consumption stocks as top GST 2.0 winners

GST rationalisation to two slabs is set to boost consumption, with autos, staples, cement, insurance, and durables among key beneficiaries

Taking Stock: Sensex, Nifty rise a percent on S&P upgrade, GST revamp hopes

The BSE midcap index gained a percent and smallcap index added 1.4 percent. Among sectors, Auto index ended up 4 percent, consumer durable index up 3 percent on hopes of GST rate rationalisation.