Explosions heard over the Strait of Hormuz. Iran may be trying to target U.S. vessels in the blockade line.

Crude Jumped 4%

WTI Crude near 1 month high at $90.

US 2-5-10 yr yields RISE.
Oil climbs to $90
At best what the Nifty can do is defend 24,000
Bulls on backfoot.
Focus on midcaps and smallcaps.

TEXMACO RAIL: CO WINS ORDER WORTH RUPEES 24.48 CRORES

NEPHROCARE HEALTH: CO. ACQUIRES 100% STAKE IN DIALYSIS CENTER ALMATY KAZAKHSTAN

MPHASIS: CO. AND TECHNOPRO HOLDINGS SIGN STRATEGIC AGREEMENT TO ACCELERATE AI-LED ENTERPRISE TRANSFORMATION IN JAPAN

Goldman Sachs maintains BUY on AU Small Finance Bank with target price of Rs 1,270, reiterating loan growth and FY27 RoA guidance while flagging margin moderation

📌 MAJOR ORDER WINS | SEPT 01, 2026

HFCL
- ₹2,329 Cr — OFC supply order from a multinational

TEXRAIL
- ₹1,150+ Cr — Wagon supply & locomotive export orders

SICALLOG
- ₹534.73 Cr — 5-year coal extraction contract

SATANIBRG
- ₹375.56 Cr — Industrial manufacturing order

MARINE
- ₹229.73 Cr — Power distribution system order

SUGSLLOYD
- ₹214.27 Cr — Power infrastructure contracts

AARVI
- ₹174.73 Cr — Manpower services orders

ARSSINFRA
- ₹130.53 Cr — Railway bridge construction order

KPIGREEN
- LOI received for major wind-solar hybrid project

CENTUM
- Export order for electronic systems from global OEM

WCIL
- 15-year GCT operations contract in Kolkata

EMSLIMITED
- Large sewerage infrastructure project in Rajasthan

ASIANENE
- Hydrocarbon contract secured through holding company

ANTELOPUS
- New onshore oil & gas exploration contracts

HINDOILEXP
- New offshore exploration & development contract

APTECHT
- ₹5.66 Cr — State government training order

MCLOUD
- ₹3.29 Cr — AI-led e-surveillance order

31INFOLTD
- ₹1.70 Cr — IT managed services contract extension

SHAYONAENG
- ₹6.5 Cr — Engineering service orders

GALAGEX
- ₹10 Cr — Agri-commodity supply order

Nuvama upgrades Coal India to HOLD with target price of Rs 454, citing stronger volumes and e-auction pricing while flagging higher employee costs from FY28

Citi On Autos : Aug vols strong across most OEMs, helped by weak Aug'25 base following GST cut. Delayed festive season likely had some negative impact on YoY growth. Preference: Maruti > Eicher > M&M

Jefferies On #Cement: Demand remains healthy, with industry growth estimated at 7-8% YoY. East Region saw sharpest price correction after outperforming other regions previously. Estimates assume 1% QoQ price decline in Q2, followed by recovery in Q3. Preferred Picks: UltraTech Cement, Grasim

Goldman Sachs maintains NEUTRAL on Samvardhana Motherson International with target price of Rs 158, highlighting aerospace backlog growth and margin improvement potential in consumer electronics

TATA MOTORS: CO'S UNIT TML CV HOLDINGS B.V. SECURES ALL REGULATORY AUTHORIZATIONS FROM ITALIAN AND INTERNATIONAL REGULATORY AUTHORITIES FOR IVECO GROUP N.V. VOLUNTARY TENDER OFFER

CLSA On Oil & Gas: Around 70% of >1 bn bbl Hormuz supply shortfall met by strategic reserve releases from China, US & OECD. See limited scope for near-term supply relief. Positive on ONGC, Oil India, Negative on IOC, BPCL, HPCL

Another price hike

Sources

Gujarat energy increases industrial gas prices
Prices increased From 69/scm + 6% VAT to 82 + vat
Alert : awaiting clarity on whether the same is increased for morbi customers as well
Will help margins, however Morbi bigger part of their volumes

Capri Global approves $300 million senior secured notes at 7.55%, due 2029, under its Global Medium Term Note programme

UBS On #CoalIndia: Buy call, target price at ₹550/sh. Pdn declined 6% YoY in Aug & 5% Yoy in 5MFY27, helping reduce pithead inventories by 55 mt. Strong thermal coal demand & lower inventories supporting higher e-auction premiums

GIFTNifty flat, indicates a muted start for the Indian market, while Crude jumps 5% overnight on fresh US-Iran strikes, #Brent rises above $96/bbl