Savings Effect

OPENING CUES Oil Rises After US Rejects Iran's Proposal Tensions Remain High In Middle East Gold At 7-Week Lows Global Yields Remains At Multi-Year Highs US Consumer Sentiment At 4-Month Low US Futures Decline In Trade Asian Markets Open Mixed Risk Off Sentiment Remains FII Shorts Unchanged At 89% FII Selling In Cash Market For 2 Sessions Rupee Likely To Remain In Pressure

ACTION FOR THE DAY India August IIP Data, est. 7.1%, prior 6.7% (YoY) IPO Opening- SRIT India, Shah Investor's Home Board Meeting For Fund Raise - Aegis Logistics, Ola Electric Shares to exit lock-in - HYTech engineers, Skyways air services, Symbiotec Pharmalab,  Augmont Enterprises, CSM Tech, Advit Jewels, Waterways Leisure Tourism, Rajputana Stainless, Saatvik Green Energy AGM/EGM - Aegis Logistics, Ola Electric, Prasol Chemical, Deepa Jewellers, BN AGROCHEM Japan-BoJ Monetary Policy Meeting Minutes

Chinese stocks hit one-year low as tech selloff deepens on Nvidia chip, US sanctions reports Chinese stocks fell to a one-year low as technology shares tumbled following reports on Nvidia chip purchases and proposed US restrictions on Chinese optical firms.

| Tata Steel, JSW Steel, Jindal Steel in focus as rebar prices rally; Nomura retains 'Buy' -Nomura recommends 'Buy' for Tata, JSW, Jindal Steel. -Domestic steel prices remain elevated, rebar prices rally. -India's steel production and consumption increased in August.

Gold’s next leg higher faces hurdle as yields rise, Fed rate-hike bets return -Gold's rally loses momentum due to rising US Treasury yields. -Expectations of Fed rate hikes weigh on gold prices. -Central bank buying provides structural support for gold.

Rupee opens weaker at 95.88 against dollar: Why oil prices and US yields matter

Sun Pharma inks global licensing deal with LIB Therapeutics for bad cholesterol treatment drug

IndusInd Bank CEO Rajiv Anand says voter name marked ‘unmapped’ in SIR, faces hearing notice

⚖️ The Supreme Court will hear a plea challenging the Centre’s new MDR on UPI person-to-merchant transactions above ₹2,000, set to take effect from October 15.

Khushboo Patani posts CO2 air pistol tutorial after Jamui, Delhi rape cases: What is it and is licence needed

According to Hurun list, the entry threshold for the top ten has climbed to ₹1.89 lakh crore, up from ₹1.83 lakh crore, while the top 100 bar rose to ₹33,000 crore from ₹30,190 crore.

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