Krishna Institute of Medical Sciences (KIMS) has set September 13 as the record date for its first-ever 1:5 stock split, announced at its annual general meeting on August 29. Over the past two years, KIMS shares have more than doubled, with a 24.35% increase this year and a 36% rise year-to-date.

State-owned BEML and Garden Reach Shipbuilders (GRSE), along with 74 other companies, are expected to be in the spotlight today as they have designated September 13 as the record date for identifying shareholders eligible for dividend payments.

Sebi employees and its chief Madhabi Puri Buch remain at odds over HR issues, despite recent negotiations. Around three-fourths of Sebi's officers oppose a September 4 statement blaming external elements for staff complaints. Employees have staged silent protests, while Buch has not directly engaged in the talks.

The share allotment for Bajaj Housing Finance IPO is expected to be finalized today. Investors can check their allotment status via the BSE or the registrar's website. The company's shares are set to list on September 16, with a premium of 96% in the unlisted market. Proceeds will support future business needs.

Investors are increasingly turning to gold ETFs due to favorable tax changes, reduced customs duty, and the absence of new Sovereign Gold Bonds. Over the past four months, gold ETFs have seen significant inflows, driven by these factors and geopolitical uncertainties that are expected to keep gold prices strong.

“Bharti Airtel stock price has given a breakout from this consolidation and has resumed the uptrend. Traders can buy for a target of Rs 1700 in the next 3-4 weeks,” Ruchit Jain, Lead Research, 5paisa.com, said.

A drop in oil prices is beneficial for India, a major crude importer. Paints, tyres, oil marketing companies, and airlines are set to gain from lower costs. However, oil exploration companies face challenges due to reduced realisations. Analysts note the positive impact on marketing margins and raw material costs for various sectors.

Stocks in news: Shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, and NBCC will be in focus due to various news developments including investments, collaborations, and project approvals.

U.S. central bankers are expected to initiate interest rate cuts next week with a quarter-percentage-point reduction. This move aims to lower recession risks despite persistent price pressures. Recent data shows core inflation remains steady, prompting cautious action from the Fed, which has maintained rates in the 5.25%-5.50% range since last year.

Domestic equities fell on Wednesday amid global volatility ahead of US inflation data and the Trump-Harris debate. The market is expected to consolidate at a higher zone with a focus on rate-sensitive sectors. Key stocks in the F&O ban include Balrampur Chini Mills, Hindustan Copper, and others.

U.S. stock indexes closed higher on Wednesday, driven by gains in the technology sector, despite a disappointing inflation report. Nvidia shares surged on news of potential chip exports to Saudi Arabia. Political developments and the U.S. presidential debate also influenced market sentiment, with Kamala Harris gaining ground over Donald Trump.

Asian stocks rose on Thursday, driven by a tech rally that boosted Wall Street. Japan and South Korea saw gains, with the Topix index rising significantly. Traders are anticipating imminent US rate cuts despite elevated core inflation. Nvidia shares surged, while oil prices held steady amid Hurricane Francine's impact on key US oil zones.

The market experienced a downturn as the Nifty 50 index slipped into negative territory, closing with a net loss of 122.65 points. Bajaj Finance is showing signs of a potential breakout, while Elgi Equipment has broken out from a downward trendline, indicating a possible price rise. Both stocks are being closely watched for their next moves.

The stock faced profit-taking but held above the crucial 1,500 level, coinciding with the 2-month consolidation range's neckline. After reaching 1,539 on June 28, it traded within a range, finding support above 1,400. The Sensex constituent broke out on August 28 but lost momentum after peaking on September 2.

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Wednesday's trading session, five stocks witnessed a long unwinding. Here's the list:

Indian equity indices ended lower in a volatile market on Wednesday, dragged by auto, metal and banking stocks. The S&P BSE Sensex closed 0.49% lower at 81,523, while the NSE Nifty50 ended below the 24,950 mark."Nifty is finding difficulty in overcoming its strong hurdle of 25,100 but on the lower timeframe, it is forming an advanced harmonic pattern known as the Bullish Bat pattern with PRZ (Potential Reversal Zone) being placed at 24,800 which is itself acting as a strong support," said Aditya Gaggar, Director of Progressive Shares.Here are 4 stock recommendations for Thursday:

Goldman Sachs acquired 13 lakh shares of Arvind Fashions for Rs 75.35 crore in a block deal at Rs 574.73 per share, a slight discount. The stock closed at Rs 583.95, gaining 0.73%. Arvind Fashions has outperformed the Nifty, delivering a 75% return over the past year.

Wall Street's main indexes were mixed at the open on Wednesday as uncertainty about the Federal Reserve's interest rate path increased following the latest inflation data.

To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash collateral to be considered as maintenance margin for margin trading facility (MTF).

The upcoming share sale starts on Thursday for non-retail investors, with retail investors getting their chance on Friday. Proximus Opal currently holds a majority stake in Route Mobile. This offering aims to comply with SEBI's regulations on minimum public shareholding.

The Indian markets closed lower, with the Sensex down 398 points and the Nifty slipping 122.65 points. The Nifty's recent swing low of 24,753 may provide short-term support, while 25,200 remains strong resistance. High open interest is noted at 25,000 and 24,800 strike prices.

As large auto companies get more open about their EV plans and launch more EV models, clarity is emerging even in the auto ancillary space. The auto ancillary companies which have been able to evolve to stay relevant for the EV eco system are showing better numbers. This process will take some time because some segments of the auto industry have not seen the launch of an EV product at scale. For example, in the case of two wheelers, while scooters have range, EV bikes are yet to come. But given the fact that a fresh push is coming from the policy side, the pace of change is likely to get faster.

JM Financial forecasts a 13.4% upside for Persistent Systems (PSYS) with a target price of Rs 6,030, citing strong deal wins and stable revenue momentum. Expected to achieve a 15.5% EBIT margin by FY25, PSYS shows promising medium-term growth.

Indian market snapped 2 days of gains to close in the red on Wednesday, tracking muted global cues.The S&P BSE Sensex fell nearly 400 points while the Nifty50 managed to hold on to 24,900 levels.

Indian equity benchmark indices ended lower on Wednesday in a volatile session, impacted by declines in auto, metal, and banking stocks. The BSE Sensex fell 398 points to close at 81,523, while the NSE Nifty dropped 122 points to settle at 24,918. The market capitalisation of all listed companies on BSE declined by Rs 2.47 lakh crore to Rs 461.02 lakh crore.

The market downturn occurred just before the release of crucial US inflation figures, which are expected to impact the extent of the Federal Reserve's interest rate cut next week.

Indian shares struggled for direction in a choppy session on Wednesday, ahead of key U.S. inflation data that could influence the size of an expected reduction in Federal Reserve's interest rates next week. In today's session, six Nifty50 stocks reached new 52-week highs. Here's the list:

The company's stock price dropped following its decision to reduce prices on its electric vehicles and popular cars by up to Rs 2.05 lakh, suggesting concerns about its growth potential. The decline was further exacerbated by a 'sell' rating and a target price of Rs 825 issued by global brokerage firm UBS.

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Wednesday's trading session, five stocks saw short covering. Here's the list:

May 2024, everyone is rushing to buy defence stocks. On the day of election results, they were badly battered. Come July a number of them are higher than what they were on the day of the election results. Come August, they are not performing as well as they were in the first five months of 2024, The result, a narrative on the street starts that they are overpriced and to add icing on the cake, some fund managers make statements about not owning them or that they have booked profit in them. The question to be asked from these so-called alpha fund managers, some of them who run PMS, is whether they bought these defence stocks 5 years back when no one was looking at them or they bought just as they became momentum stocks. Sometimes narratives get formed on the street, which may lead to wrong decisions if one does not question them.

Shares of Sona BLW Precision Forgings increased by 3.4% to a high of Rs 738.95 on the BSE following the company's announcement of a successful Rs 2,400 crore raise through a Qualified Institutional Placement (QIP) on Tuesday. The QIP, which took place from September 4 to September 9, involved issuing 3.48 crore equity shares to QIBs at an issue price of Rs 690 per share, including a premium of Rs 680 per share.

Shares of Astra Microwave Products climbed 4% to a daily high of Rs 910 on the BSE, while Premier Explosives saw a 5% increase, reaching a high of Rs 588. This rise follows the announcement that both companies have signed a memorandum of understanding (MoU) to collaborate on developing and marketing products together.

Japan's Nikkei share average fell for the seventh consecutive session, closing down 1.5% at 35,619.77 due to a stronger yen impacting exporter shares. Major automakers like Toyota and Honda saw significant declines. Energy-related shares also suffered as oil prices hit a three-year low.

European shares opened higher on Wednesday, driven by gains in the oil and gas, and basic resources sectors. Investors are keenly awaiting U.S. inflation data for insights into the Federal Reserve's interest rate decision. The STOXX 600 index rose 0.3%, with Commerzbank surging after UniCredit's stake purchase and Rentokil falling due to job cuts and revenue slowdown.

Shares of smallcap firm Zaggle Prepaid Ocean Services, supported by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, reaching a 52-week high of Rs 420. This rally followed the company's announcement of a new partnership with HDFC Ergo General Insurance Company.

May 2024, everyone is rushing to buy defence stocks. On the day of election results, they were badly battered. Come July a number of them are higher than what they were on the day of the election results. Come August, they are not performing as well as they were in the first five months of 2024, The result, a narrative on the street starts that they are overpriced and to add icing on the cake, some fund managers make statements about not owning them or that they have booked profit in them. The question to be asked from these so-called alpha fund managers, some of them who run PMS, is whether they bought these defence stocks 5 years back when no one was looking at them or they bought just as they became momentum stocks. Sometimes narratives get formed on the street, which may lead to wrong decisions if one does not question them.

Tata Motor Share Price: Shares of Tata Motors fell 6% to 980.10 on the BSE after announcing price cuts of up to Rs 2.05 lakh on EVs and popular cars, signaling weak growth prospects. UBS responded with a 'sell' rating and a target price of Rs 825. The price cuts, part of the ‘Festival of Cars’ promotion, come amid a significant inventory buildup and a 4.5% decline in dealer sales in August, marking the third drop this financial year.

Ramco Systems Share Price: Ramco Systems shares hit a 52-week high at Rs 455, up 6%, following the launch of Aviation Software 6.0, featuring advanced MRO and M&E capabilities.

Shares of ONGC and Oil India fell sharply on BSE due to a significant drop in crude oil prices, influenced by OPEC's revised demand forecasts. The decline in oil prices impacts the profit margins of these companies. However, sectors like paints, airlines, and FMCG may benefit from lower crude prices.

Options traders are less wary of Indian banks, with hedging costs near January lows. Despite underperformance, private banks like HDFC and ICICI are expected to outperform as valuations reflect concerns.

Shares of Infibeam Avenue fell 8% to a day's low of Rs 27.93 on the BSE today, as the stock turned ex-date for its spin-off involving Infibeam Avenues, Odigma Consultancy Solutions, and Infibeam Projects Management. According to the scheme of arrangement, shareholders of Infibeam Avenue will receive 1 fully paid-up equity share (with a face value of Re 1) of Odigma Consultancy Solutions for every 89 equity shares they hold in Infibeam Avenue.

Lemon Tree Hotels' shares rose 3% after announcing a new property on Mira Road, Mumbai, set to open in FY 2026. Managed by Carnation Hotels, the property will feature 108 rooms and various amenities. This expansion complements their existing properties in Maharashtra.

Ramco Systems shares hit a 52-week high at Rs 455, up 6%, following the launch of Aviation Software 6.0, featuring advanced MRO and M&E capabilities.

Nifty's 1-year returns of 25% have outperformed major global indices, with the S&P 500 trailing at 22%. Experts attribute this to India's robust domestic economy and growing retail investor base. Despite global economic tensions, Indian markets have shown resilience, recovering swiftly from setbacks. Investors are advised to focus on fundamentals and consider asset allocation reviews.

Zomato Share Price: Zomato shares surged 15.5% to a record high of Rs 280.60, driven by a Paytm deal, positive broker ratings, and strong earnings growth. Jefferies targets Rs 335, predicting significant delivery revenue growth.

On Wednesday, Mach Conferences and Events made its debut on the BSE SME platform, listing with a 33.3% premium. The shares opened at Rs 300, well above the issue price of Rs 225. Prior to the listing, the stock was trading with a grey market premium (GMP) of about 76%.

The Rs 6,560 crore IPO of Bajaj Housing Finance is getting strong response from investors. With the stock set for its debut at the bourses next week, here's a look at top performing housing finance stocks in the last one year period. Source: Ace Equity

Suzlon Energy's shares surged 5% to a day's high of Rs 81.95 on the NSE, marking the second consecutive session of gains and a total increase of over 10% over two days. This rally is driven by positive investor sentiment following Morgan Stanley's overweight stance on the renewable energy sector. Trading was robust, with nearly 7.6 crore shares changing hands around 10 a.m., resulting in a total traded value of Rs 617 crore

Vodafone Idea shares have dropped 16% in a month and 20% this year, following Goldman Sachs' negative outlook. The brokerage firm predicts further market share loss despite recent capital raises. Analysts suggest the stock is volatile with support at Rs 11.80, but caution about potential further declines.

The Nifty Index traded positively near the 25,000 mark on Tuesday, recovering from a slight dip. It closed with gains of around 100 points, forming a small bullish candle. Traders are advised to hold above 25,000 zones for an up move towards 25,200-25,300 zones. Volatility has been cooling off.