Gold holds fall ahead of Powell speech that may give rate clues
Spot gold was steady at $3,314.89 an ounce as of 8:28 a.m. Singapore time. The Bloomberg Dollar Spot Index edged up 0.1%. Silver, palladium and platinum were all flat.
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Explained — What are ‘disaster puts’ that Wall Street option traders are loading up on
Data shows that option traders are loading up on “disaster” put options on the Invesco QQQ Trust Series 1 ETF, which tracks the Nasdaq 100 index, and has a market capitalisation of over $360 billion.
PG Electroplast shares exit the F&O ban — Here’s what it means
PG Electroplast exiting the F&O ban means that new positions can be created again in the stock, which is not a possibility when the stock was in the ban.
From checkouts to check-ins: Flipkart and Marriott launch rewards partnership
Under the arrangement, registered members of both Flipkart and Marriott Bonvoy can connect their accounts and exchange loyalty rewards. Flipkart SuperCoins can be converted into Marriott Bonvoy points for hotel stays, bookings and upgrades, while Bonvoy points can be transferred…
Cabinet Committee on Security clears ₹62,000 crore purchase of 97 LCA Mark 1A jets from HAL
The approval marks one of the largest defence procurement orders placed with HAL. The purchase, valued at ₹62,000 crore, involves 97 units of the indigenously developed fighter jet, according to the sources.
Stocks to Watch: HAL, RVNL, IRFC, Lloyds Metals and more
Bajaj Auto after a ₹500 cr CP issue at 6.25% (CRISIL A1+). Lloyds Metals on winning the Tandsi-III coal mine with 23 MMT reserves. RVNL post an ₹85 cr AI-surveillance contract for Southern Railway. GIC Housing Finance after nod for…
SML Isuzu board approves name change to SML Mahindra
The approval follows the receipt of a name reservation from the Registrar of Companies (Central Registration Centre, Ministry of Corporate Affairs). The change also involves consequential amendments to the company’s Memorandum of Association and Articles of Association. Shares of SML…
Trade Setup for August 20: Nifty dips could be used to buy, analysts say after follow-up gains
Nagaraj Shetti of HDFC Securities sees the Nifty heading towards 25,300 in the short term, with immediate support at 24,850.
Kissht IPO | Temasek-backed OnEMI files papers with SEBI to raise ₹1,000 crore
OnEMI Technology Solutions, which operates fintech platform Kissht, has filed preliminary papers with SEBI to launch its IPO. The offer includes a ₹1,000-crore fresh issue and an OFS of 88.8 lakh shares. The proceeds will boost subsidiary Si Creva’s capital.
Brake systems manufacturer Endurance Tech to invest ₹136 crore for capacity expansion
The expansion will require an investment of about ₹135.6 crore, funded entirely through internal accruals. The company expects to complete the capacity addition in the fourth quarter of FY26. Shares of Endurance Technologies Ltd ended at ₹2,868, up by ₹78.85…