Asian markets led global gains, while US and European futures traded nearly flat and Gift Nifty indicated a positive Indian opening. Domestic institutions offset heavy FII selling. Crude oil advanced as bullion softened. Corporate developments included major orders, partnerships, expansion plans and IPO activity, supporting a cautiously constructive market outlook.
GLOBAL MARKET FUTURES (AS OF 07:25 AM IST)
US Market (Futures)
| Index | Change |
| Nasdaq | +0.03% |
| Dow Jones | +0.03% |
| S&P 500 | -0.01% |
European (Futures)
| Index | Change |
| FTSE 100 | -0.05% |
| CAC 40 | +0.07% |
| DAX | +0.10% |
Asian (Live Market)
| Index | Change |
| Nikkei 225 | +0.77% |
| Kospi | +1.01% |
| Shanghai (SSEC) | +0.70% |
| Hang Seng | +2.01% |
| TAIEX | +0.70% |
| Strait Times Index | +0.78% |
Other Indices & Indicators
COMMODITY MARKET UPDATES (LIVE)
International commodity markets traded mixed, with energy prices advancing while precious metals remained under pressure. WTI crude rose 0.83% to $92.06 per barrel, leading the gains, while Brent crude added 0.33% to $96.14. Copper edged 0.24% higher to $6.6870, indicating modest strength in industrial metals. Precious metals weakened, with gold futures declining 0.53% to $4,515.90 and spot gold slipping 0.09% to $4,469.42. Silver underperformed, falling 0.59% to $67.305. Natural gas remained largely stable but traded marginally lower by 0.10% at $2.925. Overall, firm crude oil prices and a mild copper uptick contrasted with softer bullion markets, reflecting selective buying across the commodity complex.
INSTITUTIONAL TRADING ACTIVITY (SEPTEMBER 3, 2026 - CASH MARKET SEGMENT)
QUARTERLY EARNINGS CALENDAR
KEY CORPORATE UPDATES
Positive
Adani Ports & SEZ: Will commence dedicated empty-container yard operations at Mundra Port and Special Economic Zone, strengthening container-handling infrastructure and logistics efficiency.
Cipla: Entered an exclusive partnership with Qilu Pharmaceutical for the US licensing and supply of QL2107, a proposed Keytruda (pembrolizumab) biosimilar. Qilu will develop and supply the product, while Cipla USA will commercialise it in the United States.
ANI Integrated Services: Approved a 1:1 bonus share issue and the reappointment of Navin Nandkumar Korpe and Kedar Korpe as Joint Managing Directors.
Avio Smart Market Stack: Approved the further acquisition of a 43.44% stake in Ampivo Smart Technologies, a preferential share issue of up to ₹859.8 crore to fund the acquisition, and a ₹150-crore qualified institutional placement.
Positron Energy: Executed a gas sale and purchase agreement valued at ₹33 crore.
Cohance Lifesciences: Will invest approximately $18 million in NJ Bio and Aruka 310, including the purchase of 244,587 NJ Bio shares at $53 each for around $13 million.
Diamond Power Infrastructure: Secured an order valued at ₹76.06 crore.
CFF Fluid Control: Received a contract worth ₹152.8 crore, including taxes.
UNO Minda: Secured relief after a tax order was reduced to approximately ₹0.2 million, along with a penalty of ₹0.5 million.
Bharat Forge: Subsidiary Kalyani Strategic Systems signed an agreement with France’s Thales for 70-mm rocket systems. The first fully assembled rocket manufactured in India under the alliance is targeted for early 2027.
Solex Energy: Received orders aggregating ₹747.7 crore.
Avalon Technologies: Signed a joint-venture agreement with Germany’s Zollner to establish an India-based manufacturing platform for printed circuit-board assemblies and related services. Zollner will subscribe to the venture’s share capital.
Tech Mahindra: Launched an AWS Agentic Process Transformation Centre of Excellence to develop scalable, AI-led process-transformation solutions across industries.
UltraTech Cement: Aditya Birla Group launched its wires and cables business, UltraVolt, backed by an investment of ₹1,800 crore and an extensive planned retail distribution network.
CreditAccess Grameen: Raised ₹300 crore through the private placement of non-convertible debentures.
Innovision: Received a letter of award to operate as the user-fee collection agency at Mangapatnam Fee Plaza on National Highway 67.
Sterlite Technologies: Approved a capacity expansion at an existing manufacturing facility, involving an estimated investment of ₹3,000 crore.
Ramco Systems: Signed an MoU with Safran Helicopter Engines to integrate Safran’s engine data with Ramco Aviation software.
Merritronix: Approved a proposal to enter into an MoU with Technid Solutions and Krisemi Design Technologies.
Welspun Investments: Approved capital infusions of up to ₹1,000 crore into Indivara Realty and up to ₹1,285 crore into Vishwakarma Realty.
Mawana Sugars: The NCLT sanctioned the amalgamation of Mawana Foods with Mawana Sugars.
ZF Steering Gear India: Subsidiary DriveSys acquired an additional 25,882 square metres of land for its aluminium project.
Power Grid Corporation: Was declared the successful bidder for an interstate transmission project in Gujarat on a build-own-operate-transfer basis, with annual transmission charges of approximately ₹100 crore.
Gujarat Apollo Industries: Approved the sale of its investment in Credo Advanced Chemicals for ₹37.68 crore.
Indian Energy Exchange: Recorded its highest-ever monthly electricity-trading volume during August 2026. Electricity traded volume rises 20.2% to 13.94 BU. Real-time electricity market volume increases 10.6% to 5.6 BU. Day ahead contingency and term-ahead market traded volume jumps 111.3% to 1,765 MU.
Rail Vikas Nigam: Emerged as the lowest bidder for an East Coast Railway project valued at approximately ₹405 crore.
Max Healthcare Institute: Will invest ₹87.87 crore in Kalinga Hospital through a rights issue.
Negative
Sunsky Logistics: Reported a cyber-fraud incident involving an estimated amount of $488,000.
RailTel Corporation: Received a cancellation notice for a previously issued letter of acceptance from the Directorate of Higher Education, Himachal Pradesh.
Sundrop Brands: Del Monte suspended its pizza-sauce manufacturing line at Hosur pending an assessment following a fatal factory accident. One casualty was reported, although the company said its other operations remain unaffected and the financial impact is immaterial.
Ugar Sugar Works: Received a closure direction from the Karnataka State Pollution Control Board requiring the shutdown of operations at its Ugar Khurd unit.
RBL Bank: Received a tax-demand notice aggregating ₹164 crore. The bank attributed the demand to an erroneous comparison and reconciliation of returns data and does not expect a material adverse impact.
Fractal Analytics: Initiated the liquidation of a step-down subsidiary.
Neutral
Meesho: SoftBank-backed SVF II Meerkat sold 8 crore shares, representing a 1.73% stake, through two NSE block deals.
BSE: Will conduct mock-trading sessions on September 5 across equity, equity derivatives, currency derivatives, electronic gold receipts and commodity derivatives segments.
Knowledge Marine & Engineering Works: Will consider raising funds through convertible or non-convertible securities.
Padam Cotton Yarns: Will consider raising funds through a rights issue of shares.
Maxposure: Reappointed Prakash Johari as Managing Director.
Scintilla Commercial & Credit: Reappointed Jitendra Kumar Goyal as Managing Director.
Tainwala Chemicals and Plastics: Approved the reappointment of Ramesh Tainwala as Chairman and Managing Director.
Amrapali Capital and Finance Services: Reappointed Alkesh Dashrathlal Patel as Chairman and Managing Director.
Avalon Technologies: Reappointed Kunhamed Bicha as Chairman and Managing Director.
Bikewo Green Tech: Reappointed Manideep Katepalli as Chairman and Managing Director.
Sampat Aluminium: Appointed Sanket Sanjay Deora as Chief Financial Officer following the resignation of Shashank Shekhar Chaturvedi.
AAA Technologies: Venugopal Dhoot resigned as Managing Director.
Royal Sense: The board recommended the reappointment of Rishabh Arora as Managing Director.
Sun Retail: The board will consider fundraising through a preferential issue of shares or other securities.
Secur Credentials: Chief Financial Officer Soni Radheymohan Agarwal resigned with effect from September 1, 2026.
Chothani Foods: Reappointed Neeraj Ashok Chothani as Managing Director for five years.
Raymond: Will consider a proposal to raise funds.
A B Cotspin India: Approved changing its name to ABC Industries India Limited.
Systematic Industries: The board will consider fundraising through the offer, issue and allotment of equity shares.
Cian Agro Industries & Infrastructure: Approved the reappointment of Nikhil Nitin Gadkari as Managing Director for five years from January 1, 2027.
H.M. Electro Mech: Reappointed Dipak Padmakant Pandya as Chairman and Managing Director.
Nanta Tech: The board will consider fundraising through a preferential issue or private placement.
Steel Strips Wheels: Reappointed Dheeraj Garg as Managing Director.
Shanthi Gears: Appointed Sai Krishna Alluri as Chief Financial Officer with immediate effect.
Melstar Information Technologies: The board will consider a fundraising proposal.
Pidilite Industries: Voluntarily liquidated its Bangladesh subsidiary, Nina Percept (Bangladesh).
MACRO, NON-CORPORATE, UNLISTED & FOREIGN MARKETS
Meta: Rolled out WhatsApp bill payments for Android and iOS users across India, providing access to 22,722 billers.
PayPal: Reportedly cut around 220 jobs in India as part of its previously announced global restructuring programme.
SEBI - Derivatives Settlement: Will review the methodology used to determine settlement prices for derivative contracts in view of the rollout of the Closing Auction Session. A consultation paper proposing changes is expected shortly.
SEBI - Mutual Funds: Proposed allowing net settlement of cash-market transactions only at the level of an individual mutual-fund scheme, with each transaction treated exclusively as either a purchase or a sale in a security.
Reserve Bank of India: Scheduled a variable-rate reverse-repo auction under the liquidity adjustment facility for September 4, 2026.
Rentomojo IPO: Set a price band of ₹384–404 per share. Anchor investors can bid on September 8, while the public issue will open on September 9 and close on September 11.
Manipal Payment and Identity Solutions IPO: Anchor bidding will take place on September 8, followed by the public issue from September 9–11. The offer-for-sale was reduced to 14.3 million shares from 17.5 million, while the fresh-issue component was also lowered from the earlier ₹400-crore proposal.
Fly91–Leonardo: Leonardo’s ATR unit secured an approximately $1-billion order for 40 aircraft from Indian regional airline Fly91, with deliveries scheduled between 2027 and 2032.
India Food-Safety Enforcement: Authorities intensified their food-safety crackdown, with enforcement reportedly affecting a company associated with Nepal’s prominent instant-noodle industry.
India Government Bonds: The benchmark 10-year government bond yield closed at 6.8646%, down from the previous close of 6.9754%, although gains moderated as rising oil prices offset support from potential foreign-currency deposit inflows.
Indian Rupee: The rupee strengthened 0.5% to close at 94.4850 against the US dollar, its highest level since June 25, compared with the previous close of 94.9700.
Indian Equities: Benchmark indices remained subdued after their recent decline as concerns over rising crude-oil prices outweighed gains in banking shares.
Banking Liquidity: Indian banks reportedly proposed foreign-exchange sell-buy swaps as a mechanism to absorb surplus liquidity from the financial system.
European Distillates: Diesel refining margins remained close to record highs, reflecting continued tightness in regional distillate markets.
Coffee and Sugar: Arabica coffee declined to a fresh five-week low, while raw sugar retreated from its 16-month peak.
ICE Cotton: Cotton futures declined for a third consecutive session as weak export data weighed on sentiment.
Palm Oil: Prices fell for a second straight session amid concerns over inventories and export demand.
Gulf Markets: Dubai led gains across Gulf equity markets as encouraging UAE and Saudi economic-growth data improved investor sentiment.
Ukraine–Russia: Russian President Vladimir Putin indicated that he sees a possibility of progress toward peace in Ukraine.
BULK & BLOCK DEALS
Meesho: SoftBank-backed SVF II Meerkat sold 8 crore Meesho shares, representing a 1.73% stake, for ₹1,650.4 crore at ₹206.30 per share. The stake was acquired by several global and domestic institutional investors, including Morgan Stanley, Fidelity, Goldman Sachs, Kuwait Investment Authority, Franklin Templeton MF, HDFC Life and HSBC MF.
Clean Max Enviro Energy Solutions: DSDG Holding ApS, an affiliate of the IFU-managed Danish Sustainable Development Goals Investment Fund, sold 16.33 lakh CleanMax shares, representing a 1.39% stake, for ₹199.3 crore at ₹1,220 per share. SBI Life, Mahindra Manulife MF, ICICI Prudential Life, DSP India Fund and WhiteOak Capital MF acquired the shares.
Knowledge Realty Trust: Meera Goyal acquired 28.31 lakh units of Knowledge Realty Trust, representing a 0.06% stake, from IIFL Management Services. The transaction was valued at ₹31 crore and executed at ₹109.50 per unit, marking a sizeable institutional unit transfer in the listed real estate investment trust.
Updater Services: SIS Limited acquired an additional 10.12 lakh shares, or a 1.51% stake, in Updater Services for ₹23.76 crore at ₹234.59 per share. During the current quarter, SIS has purchased 21.92 lakh shares, equivalent to 3.27%, over and above its 4.88% holding as of June 2026.
Advit Jewels: Taurus Mutual Fund Flexicap Share Multi Cap sold 4.82 lakh Advit Jewels shares, representing a 1.05% stake, for ₹11.63 crore at ₹241 per share. Meanwhile, Ramesh Sawalram Saraogi acquired 5 lakh shares, equivalent to a 1.09% stake, for ₹12.14 crore at ₹242.92 per share.
KSR Footwear: Alpa Wealth Creator sold 3.38 lakh KSR Footwear shares, representing a 1.84% stake, for ₹1.06 crore at ₹31.43 per share. Ranu Parwal HUF and Indra Investment separately acquired 1.5 lakh shares each for ₹46.8 lakh and ₹47.38 lakh, respectively.
Bulkcorp International: Chanakya Opportunities Fund I acquired an additional 1.08 lakh Bulkcorp International shares, representing a 1.43% stake, for ₹81.63 lakh at ₹75.59 per share. Care Wealth Advisors exited the company by selling its entire 1.21% stake for ₹68.94 lakh. Chanakya previously held 5.04% as of March 2026.
IPO & LISTING ACTIVITY
Mainboard Listing
SME Listings
On-going IPO (Last Date: September 8)
Upcoming IPO (September 8 to September 10)
CORPORATE ACTIONS (SEPTEMBER 4, 2026)
Ex-Dividend
AIA Engineering Ltd, Arvind Ltd, BMW Industries Ltd, Capri Global Capital Ltd, Citadel Realty and Developers Ltd, Clean Science and Technology Ltd, Coal India Ltd, Emcure Pharmaceuticals Ltd, Fineotex Chemical Ltd, Finolex Cables Ltd, Federal-Mogul Goetze (India) Ltd, General Insurance Corporation of India, Gulf Oil Lubricants India Ltd, Hikal Ltd, Hitech Corporation Ltd, Indigo Paints Ltd, Jagsonpal Pharmaceuticals Ltd, Mach Travel Solutions Ltd, Mazda Ltd, Metro Brands Ltd, MMP Industries Limited, Nahar Capital and Financial Services Ltd, Nahar Polyfilms Ltd, Nahar Spinning Mills Ltd, Oil India Ltd, OM Infra Ltd, Oil and Natural Gas Corporation Ltd, Panasonic Energy India Company Ltd, Paradeep Phosphates Ltd, Parmeshwar Metal Ltd, POCL Enterprises Ltd, Prevest Denpro Ltd, Sandu Pharmaceuticals Ltd, Shipping Corporation of India Ltd, Shipping Corporation of India Land and Assets Ltd, Shilpa Medicare Ltd, SKP Securities Ltd, S.P. Apparels Ltd, Speciality Restaurants Ltd, Sportking India Ltd, Stove Kraft Ltd, Supriya Lifescience Ltd, Suraj Products Ltd, Venus Pipes & Tubes Ltd
Ex-Stock Split
Ex-Bonus Issue
Ex-Buyback of Shares
Securities Under F&O Ban
SAIL, LICHSGFIN, INOXWIND, KAYNES
Source: WOWNEWS24X7, Moneycontrol, Investing.com
