HAL Share Price: Shares of Hindustan Aeronautics (HAL) jumped 5% to a day's high of Rs 4,925 following the Cabinet Committee on Security's approval of a Rs 26,000 crore deal for 240 AL-31 FP aero-engines. These engines will be supplied for Su-30 MKI aircraft of the Indian Air Force (IAF) under the Buy (Indian) category.

Shares of Hindustan Aeronautics (HAL) jumped 5% to a day's high of Rs 4,925 following the Cabinet Committee on Security's approval of a Rs 26,000 crore deal for 240 AL-31 FP aero-engines. These engines will be supplied for Su-30 MKI aircraft of the Indian Air Force (IAF) under the Buy (Indian) category.

Vedanta shares rose 2% following the announcement of a third interim dividend of Rs 20 per share for FY2024-25, amounting to Rs 7,821 crore. The company displayed strong recent performance, with a 97% return over the past year and significant growth in net profit and revenue for the first quarter.

Several brokerages have upgraded the target prices of various stocks over the past month. According to Trendlyne data, 10 stocks, including Tata Steel, Britannia, SBI, ITC and Maruti Suzuki have received up to five analysts' target price upgrades in the last month. Here is a list of these stocks:

Jay Bee Laminations shares debuted on the NSE SME platform at a 90% premium, opening at Rs 277.40 against the offer price of Rs 146. The IPO was highly subscribed over 100 times. The company plans to use proceeds for working capital and corporate purposes. Jay Bee Laminations manufactures electrical components primarily for the power industry.

Indian Phosphate shares made a strong debut on the NSE SME platform, listing at a 90% premium to their offer price. The IPO, which was highly subscribed, will help fund the development of a new facility and meet working capital needs. The company specializes in producing various chemicals and fertilizers.

After a 13-day winning streak, Sensex and Nifty were flat on Tuesday morning due to lack of major triggers. Defence stocks such as HAL and GRSE rallied 3-5% following a Rs 26,000 crore deal for Sukhoi-30MKI fighter jet engines approval. Pharma and real estate stocks traded higher, while IT stocks fell.

Brigade Enterprises, headquartered in Bengaluru, has initiated a Qualified Institutional Placement (QIP) issue to raise up to Rs 1,500 crore for business expansion. The floor price per share is set at Rs 1,164.70. This follows a strong quarterly financial performance, with net profit more than doubling to Rs 83.72 crore this June quarter.

Nifty has achieved a record by closing in the green for 13 consecutive trading sessions, but history suggests potential short-term corrections. Previous similar winning streaks have often been followed by negative returns. Analysts recommend a cautious approach, with attention to profit booking and market support levels at 25,200 and 25,000.

Tech Mahindra is steadfast in targeting a 15% EBIT margin by year 3. Although the commercial segment is showing better performance, overall growth is still challenging. The BFSI sector is improving slowly, and manufacturing results are on par with last year. However, Asia Pacific is exceeding expectations. Given the current valuation of 25x FY26E consensus EPS, much of the potential improvement is already factored in.

Premier Energies' IPO was highly successful, with a 74-times subscription rate, primarily due to strong non-institutional investor interest. The company will use the proceeds to invest in its subsidiary, Premier Energies Global, to partly fund a 4 GW Solar PV TOPCon Cell and Module manufacturing facility in Hyderabad.

BPCL, part of the oil & gas sector, has experienced a significant rally of over 100% in the past year. Experts suggest that this upwards trend may continue, targeting levels above Rs 400 within the coming weeks. The stock has shown resilience and positive momentum, making it a favorable option for short-term traders.

The Indian market is expected to consolidate on Tuesday following mixed global cues. The Nifty futures closed with minor losses, and volatility increased. Analysts suggest a trading range between 24,900 to 25,800 levels for the Nifty index. Several stocks are recommended for short-term trading with specific targets and stop losses.

Several companies, including Reliance Chemotex, have set September 4 as the record date for determining eligible shareholders for dividend payments. To qualify for these dividends, investors must purchase shares by today. The list includes multiple companies and their respective dividend declarations, which start trading on an ex-dividend basis from Wednesday.

The benchmark BSE Sensex extended its gains for the 10th consecutive day, setting a new lifetime high on Monday. Key stocks in focus included NBCC with a 0.42% rise, Adani Ports which increased by 0.85%, and Varun Beverages, which gained 1.86%. Experts share buying recommendations for these stocks as the market reopens today.

Raymond Ltd., an Indian conglomerate, plans to list its apparel and real estate units by 2025 to boost shareholder value. The move aims to dismantle its conglomerate structure that led to subdued valuations. Raymond Lifestyle, known for men's suits, will expand in the Indian and wedding wear market, with targets for significant growth and new stores.

Vedanta declared a ₹20 per share dividend, its third interim payout this fiscal year, totaling ₹7,821 crore, with a record date of September 10, following earlier dividends in May and July.

A Sebi study has found that 70% of individual investors sell their IPO shares within a year. Investors are more likely to sell shares posting positive returns quickly. The study also highlights a decline in high networth individual participation post-April 2022. Most IPO investors come from Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh.

A senior Sebi official has urged stock exchanges to deny public listings for small and medium enterprises (SMEs), citing the inflation of balance sheets and lack of proper auditing. Over ₹14,000 crore have been raised through these listings in the past decade, with around ₹6,000 crore raised in FY24.

Australian shares fell 0.4% on Tuesday, driven down by declines in mining and consumer staples stocks. Investors were cautious ahead of local economic data and a key U.S. labour report. Leading miners and retail giants faced significant losses, reflecting thin trading influenced by a U.S. public holiday.

“We are seeing noticeable buying interest in the IT pack and Infosys is trading in tandem with the trend. Traders can buy Infosys for a target of Rs 2320 in the next 2-4 months,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.

India's equity indices, including Nifty and Sensex, reached new highs with modest gains on Monday. Nifty was up 0.2% closing at 25,278, and Sensex increased by 194 points to 82,559. However, mid- and small-cap indices saw declines. Upcoming US Federal Reserve decisions are anticipated to impact the market further.

Asian stocks saw gains with Japan leading, while the yen steadied after a recent drop. Traders are watching for signs of China's economic troubles and upcoming US jobs data, which could influence Federal Reserve actions. Oil prices rose due to supply disruptions in Libya.

Stocks in news: Equity markets started positively, with modest gains during a subdued session. Key focus includes ICICI Bank's clarification on Sebi chief's salary, Vedanta's interim dividend, Adani Green's $444 million joint venture, HAL's aero-engine procurement approval, and more developments involving Gensol Engineering, Medi Assist Healthcare, and IEX's arm ICX.

Markets had a controlled session with the Nifty 50 closing slightly higher by 42.80 points. Financials stocks are back in momentum race. Financial services stocks like Cholamandalam Investment and Finance Company and Bajaj Holdings and Investment showed promising signs of breakout. Cholamandalam may reach Rs 1560 while Bajaj Holdings could rise by 7%, reflecting bullish trends backed by technical indicators.

Infosys, a major IT player on the Sensex, has seen a remarkable 36% increase in its stock price from May 30th to August 30th, 2024. It has maintained a steady uptrend since surpassing its February 2024 high, consistently setting higher lows over the past 5 weeks. This momentum pushed the stock price beyond its previous peak of Rs 1,959, recorded in January 2022, signalling a potential for further upward movement.

IREDA plans to raise around Rs 25,000 crore from the debt market and Rs 4,500 crore through equity this fiscal. The agency has submitted a draft Green Taxonomy for approval, aimed at increasing capital for climate projects and is eyeing international funding post securing a 'BBB-' rating from S&P Global Ratings.

Ashwani Bhatia, Sebi Whole-Time Member, emphasized the need for a detailed approach in addressing MSMEs' financial challenges. He highlighted the role of financial institutions and fintech partnerships while cautioning against shortcuts in SME listings. With the potential growth in India's startup ecosystem, Bhatia underscores the importance of proper due diligence.

Zee group patriarch Subhash Chandra has made serious allegations against SEBI Chairperson Madhabi Puri Buch, accusing her of corruption and bias. Chandra claims this bias influenced the Zee-Sony merger and has halted cooperation with SEBI. Chandra is exploring legal action and calls on other corporate houses to join his fight.

Benchmark index Nifty50 closed at an all-time high for the fourth straight session on Monday, driven by gains in IT and financial stocks. The S&P BSE Sensex closed 0.24% higher at 82,560, while the NSE Nifty50 ended above the 25,250 mark. "The underlying trend of Nifty continues to be choppy with positive bias. Further upmove from here could pull Nifty towards 25000-25100 levels in the near term. Immediate support is at 24650," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Here are 5 stock recommendations for Tuesday:

According to the block deal data available on the National Stock Exchange, Siddhartha Yog bought 10,09,200 shares, amounting to a 0.3 per cent stake in Trent.

Nifty's short-term uptrend remains strong. While facing resistance around 25,350, there are no signs of a major reversal. A decisive break above 25,400 could propel Nifty towards 25,800. Immediate support lies at 25,100, according to Nagaraj Shetti of HDFC Securities.

The lender also stated that during Buch's tenure with the ICICI Group, she was compensated through salary and other benefits in accordance with applicable policies. ICICI Bank highlighted that all payments made to Buch after her retirement were accrued during her employment with the group. These payments include ESOPs and retirement benefits.

Nifty 50 recorded its thirteenth consecutive session of gains on Monday, marking its longest-ever rally. The index was boosted by gains in IT stocks amid optimism over a potential U.S. rate cut, and a rise in consumer goods shares following predictions of favourable monsoon rainfall. In Monday's session, seven Nifty50 stocks reached new 52-week highs. Here's the list:

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

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 Monday's trading session, five stocks saw short covering. Here's the list:

Nilesh Shah, MD of Kotak AMC, suggests that due to various geopolitical and social factors, investors are limited in their choices for emerging markets. He believes that India stands out as a promising option amidst these limitations. He advises that although there may be volatility in the next 3, 6, 9, and 12 months, the downside risk is limited. Watch the full interview here.

Indian market hit fresh record highs on Monday tracking positive global cues. The S&P BSE Sensex rose nearly 200 points while the Nifty50 closed above 25,250 levels.The S&P BSE Sensex hit a record high of 82,725 while the Nifty50 rose to a high of 25,279.

Vedanta's board has approved the third interim dividend for the financial year 2024-25, with a payout of Rs 20 per equity share amounting to Rs 7,821 crore. The record date is set for September 10, 2024. Earlier in May and last month, the company declared two interim dividends amounting to Rs 11 and Rs 4 per share, respectively.

A Sebi study reveals that 54% of IPO shares are sold within a week of listing by non-anchor investors. The study shows that 63.3% of shares are sold by non-institutional investors, with a higher exit rate for positive listing gains.

Amid concerns about manipulation in the SME IPO market, investor Ashish Kacholia criticized overregulation, arguing it unfairly penalizes the entire sector. He advocates for light-touch regulation, investor diligence, and robust disclosures, emphasizing the SME platform's crucial role in fundraising and business growth.

Benchmark index Nifty50 reached an all-time high for the fourth straight session, driven by gains in IT and financial stocks, while also marking its 13th session of the rally. Key stocks like Bajaj Finserv and HCL Tech rose notably. Nifty FMCG and Nifty IT sectors saw gains, although midcap and smallcap indices dropped by around 0.3%.

Aarti Industries, a manufacturer of specialty chemicals, has declined nearly 16% since its June quarter results. Despite revenue and profit growth, concerns over Chinese excess supply have led analysts to cut earnings estimates. The company continues to push forward with capex plans and long-term deals to drive future growth.

Before the merger, the Gujarat government had a controlling 55% stake in GSPC. GSPC, in turn, owned 37% of GSPL, which further held a 54% stake in Gujarat Gas. GSPC primarily focuses on gas trading and exploration, with gas trading contributing significantly to its operating profit. In the fiscal year 2024, GSPC's gas trading volume reached 11 million metric standard cubic meters per day.

Axis Securities has initiated a buy rating on Juniper Hotels and Chalet Hotels, forecasting a 17% upside with target prices of Rs 475 and Rs 975. They predict a 500-bps increase in sector occupancy and robust growth driven by rising ARR and FTAs.

Over the years there are many industries which were considered commoditized business, because they essentially used to buy metal or plastic and just convert them into select products and have margins which were called “ converter’s margin”. But now there are players in these industries who have been able to do two things. First more valuation addition and build also a brand even in that space. The impact, whenever there is a hike in raw material prices, these stocks don't see that kind of hit both in terms of margins and also on the street.

Bernstein has sold Adani Ports, Bharti Airtel, and Axis Bank from its India Model Portfolio, favoring stable stocks like REC, SBI Life, and D-Mart. Despite market volatility, strong DII inflows have boosted the Nifty index by 15% YTD.

US economic indicators, like rising unemployment and mortgage delinquencies, point towards a global economic slowdown, potentially leading to interest rate cuts. The upcoming US elections in Q4 2024 could further fuel market volatility. Comparatively, India's economy is robust, and with elections and the Budget behind us, it's well-positioned for continued outperformance, particularly given the ample domestic liquidity. However, despite its strong fundamentals, the Indian market may still be influenced by global trends, especially given its current high valuations.

"Everyone is taking a breather after a pretty hectic August in terms of market price action at least and really looking for signals on the macro side that the soft landing scenarios are in place and that central banks can begin to lower rates," said Richard Flax, chief investment officer of Moneyfarm.

In recent years, the assets under management (AUM) in this sector have grown at 15-20% annually, with projections indicating a rise to $1.8 trillion within 4-5 years, reflecting a 13-14% CAGR. This growth is driven by a shift in asset allocation, as investors increasingly move from traditional investments like fixed deposits, gold, and real estate to more dynamic options such as AIFs, REITs, INVITs, private equity, and cryptocurrencies.