S&P 500 falls Friday after Fed’s Warsh highlights inflation worries, but index posts positive week
📉 Dow Jones slipped 0.02% to 53,559.99.
🔻 S&P 500 declined 0.25% to 7,711.76.
💻 Nasdaq fell 0.52% to 26,402.42, showing greater pressure in technology stocks.
📉 Russell 2000 / Small Cap 2000 dropped sharply by 1.39% to 2,972.37.
📉 Dow Jones slipped 0.02% to 53,559.99.
🔻 S&P 500 declined 0.25% to 7,711.76.
💻 Nasdaq fell 0.52% to 26,402.42, showing greater pressure in technology stocks.
📉 Russell 2000 / Small Cap 2000 dropped sharply by 1.39% to 2,972.37.
🚨 MONDAY BIG EVENT: MSCI Rebalancing
This Monday (Aug 31), MSCI India's rebalancing kicks in.
Samir Arora (Helios Capital) called it the most interesting thing to watch this week.
$500-600 million worth of stock will be bought or sold — in a single day.
Total expected passive inflow: ~$2.3 billion.
Stocks likely to benefit: Groww, Adani Green Energy, Adani Energy Solutions.
This is pure mechanical buying/selling. Not driven by news. Could move these stocks a lot on Monday.
This Monday (Aug 31), MSCI India's rebalancing kicks in.
Samir Arora (Helios Capital) called it the most interesting thing to watch this week.
$500-600 million worth of stock will be bought or sold — in a single day.
Total expected passive inflow: ~$2.3 billion.
Stocks likely to benefit: Groww, Adani Green Energy, Adani Energy Solutions.
This is pure mechanical buying/selling. Not driven by news. Could move these stocks a lot on Monday.
Sources Say On HDFCBank CEO Reappointment
👉Process Of CEO Reappointment Will Happen Well Within Time
👉New CEO Will Take Over A Strong Bank, Address Alignment Issues
👉Leadership Will Ensure A Win-Win For All
👉Bank Is Systemically Sound, Outstanding Issues Settled
👉Has The Potential To Be In The Top 5-6 Banks Globally
👉NIM, CASA Impacted On Account Of The HDFC Merger, Some Restructuring Of Loans May Be Needed
👉Process Of CEO Reappointment Will Happen Well Within Time
👉New CEO Will Take Over A Strong Bank, Address Alignment Issues
👉Leadership Will Ensure A Win-Win For All
👉Bank Is Systemically Sound, Outstanding Issues Settled
👉Has The Potential To Be In The Top 5-6 Banks Globally
👉NIM, CASA Impacted On Account Of The HDFC Merger, Some Restructuring Of Loans May Be Needed
PARTH ELECTRICALS & ENGINEERING: SECURES ~₹122 CR NEW ORDERS
• GETCO rate contract order worth ₹10.83 Cr.
• ₹106.66 Cr order for 66 kV underground cable network in Jamnagar.
• USA export order worth US$432,000 for MV switchgear panels.
• Total executable order book rises to ~₹425 Cr as of August 29, 2026.
• Orders to be executed over 3–12 months.
• GETCO rate contract order worth ₹10.83 Cr.
• ₹106.66 Cr order for 66 kV underground cable network in Jamnagar.
• USA export order worth US$432,000 for MV switchgear panels.
• Total executable order book rises to ~₹425 Cr as of August 29, 2026.
• Orders to be executed over 3–12 months.
Trump administration has agreed for the U.S. government to take a 35% passive stake in a Venezuelan oil company, giving Washington preferential access to some of the country’s vast oil reserves.
HDFC BANK WEIGHS DEPUTY MD BHARUCHA AND AN OUTSIDER FOR CEO ROLE: REUTERS
HDFC Bank is considering Deputy Managing Director V. Srinivasa Rangan? Wait screenshot says Bharucha. Need not invent. “Bharucha and an outsider”. Could say sources.
HDFC Bank is considering Deputy Managing Director V. Srinivasa Rangan? Wait screenshot says Bharucha. Need not invent. “Bharucha and an outsider”. Could say sources.
NHPC: S&P GLOBAL ESG SCORE CUT TO 57 FROM 61
· S&P Global revised NHPC’s ESG score to 57 as of August 28, 2026, from 61 in February 2026.
· The decline was due to lower Social (S) and Governance (G) scores, while the Environment score remained unchanged.
· Revision follows S&P’s Media & Stakeholder Analysis of the Teesta VI HEP incident on July 20, 2026.
· NHPC has raised concerns with S&P Global over the score reduction.
· S&P Global revised NHPC’s ESG score to 57 as of August 28, 2026, from 61 in February 2026.
· The decline was due to lower Social (S) and Governance (G) scores, while the Environment score remained unchanged.
· Revision follows S&P’s Media & Stakeholder Analysis of the Teesta VI HEP incident on July 20, 2026.
· NHPC has raised concerns with S&P Global over the score reduction.
Ola Electric has opened bookings for its new S1Z scooter range.
Starting Price: ₹79,999
Range: Up to 301 km (IDC)
Battery: Bharat Cell LFP technology, developed in-house
Manufacturing: Tamil Nadu Gigafactory
Technology: 426 patents and MoveOS 5
Strategy: Strengthens Ola’s cell-to-vehicle strategy and targets the value EV segment.
Distribution: Upcoming dealer-operated stores to support growth.
Impact: Positive
Starting Price: ₹79,999
Range: Up to 301 km (IDC)
Battery: Bharat Cell LFP technology, developed in-house
Manufacturing: Tamil Nadu Gigafactory
Technology: 426 patents and MoveOS 5
Strategy: Strengthens Ola’s cell-to-vehicle strategy and targets the value EV segment.
Distribution: Upcoming dealer-operated stores to support growth.
Impact: Positive