Indian equity markets came under sharp pressure on Wednesday after the conflict between the US and Iran intensified, raising concerns over energy supplies and global inflation.
Indian equity markets came under sharp pressure on Wednesday after the conflict between the US and Iran intensified, raising concerns over energy supplies and global inflation.
Crude oil prices moved sharply higher as the latest US-Iran military escalation increased fears of disruptions to energy supplies. Reports indicated that crude was moving close to the $97-per-barrel level, putting global markets on alert.
Gold and silver prices remained volatile on September 2 as investors balanced safe-haven demand arising from geopolitical tensions against movements in global interest rates and the US dollar.
Coal India has moved towards listing its subsidiary Mahanadi Coalfields through an IPO. The company plans to sell a 10% stake in the subsidiary, according to draft documents filed with the market regulator.
India Glycols has completed an important restructuring exercise, with its three-way demerger becoming effective from September 1. The business will now be separated into focused entities covering specialty chemicals, spirits and biofuels, and biopharma.
Sun Pharmaceutical Industries remained relatively resilient in an otherwise weak market after securing a favourable pricing agreement in the US, according to Reuters.
Deepa Jewellers’ IPO continued to attract investor attention on the second day of bidding. The issue was nearing 90% subscription, according to the latest available update.
The Purple Style Labs IPO enters its final day of subscription today. The Rs. 680-cr. IPO, backed by the operator of luxury fashion platform Pernia’s Pop-Up Shop, opened on August 31 and closes on September 2.
Priority Jewels is now moving towards the allotment stage after receiving exceptionally strong investor demand. The IPO was subscribed by around 100 times, making it one of the closely watched recent public issues.
Very dangerous for option traders: On 25-8-2026, Dixon 15,000 Call for August expiry moved from 10 paise to 90 paise during CAS, turning roughly Rs.1,000 into Rs.12 lakh+ in 5 minutes. Such wild moves can wipe out retail capital.
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