Closing Index

 02 Sep 

BSE CLOSED @ 57852.54 ✅ 514.33 Points 

NSE CLOSED @ 17234.15 ✅ 157.90 Points 

BankNifty Closed 36831.30 ✅ 257.00 Points 

India VIX Closed 14.2400 ✅ 0.0550 Points.

In News

Stocks in News

Eicher Motors: Royal Enfield sales volume declined 9 percent to 50,144 motorcycles in August 2021, against 45,860 motorcycles in August 2020. 

Peninsula Land: Dinesh Jain has resigned as Chief Financial Officer of the company. 

Mahindra CIE Automotive: ACACIA II Partners LP & Others sold 67,85,291 equity shares in the company via an open market transaction on August 30, reducing shareholding to 4.07 percent from 5.86 percent earlier. 

Aashka Hospitals: The company and Vaidehi — Backbone Hospital, Rajkot have agreed to a non-binding Memorandum of Understanding for a tie-up between the two hospitals whereby the management and operations of Vaidehi-Backbone will be integrated with Aashka Hospitals in a phased manner. 

Kernex Microsystems (India): Virender Singh & Others acquired over 8.88 lakh equity shares in the company via open market transactions, increasing shareholding to 9.95 percent from 7.11 percent earlier. 

Minda Corporation: Subsidiary Spark Minda Green Mobility Systems has signed Shares Subscription and Shareholders Agreement with EVQPOINT Solutions and its promoters and other ancillary agreements with EVQPOINT including Technology Licence Agreement (TLA).

Analysts & Investors Meet

Analysts & Investors Meet

Affle India: The company's officials will meet Asian Markets Securities (AMSEC) on September 2, Prudential Global (India) on September 3, Spark Capital Advisors on September 6, and Polen Capital on September 7. 

Max Ventures and Industries: The company's officials will meet investors and analysts on September 2.

Market Movers

Here are some key events to watch this week:

U.S. factory orders, durable goods, trade balance, initial jobless claims Thursday

U.S. jobs report Friday

Some of the main moves in markets:

Stocks

The S&P 500 was little changed as of 4 p.m. New York time

The Nasdaq 100 rose 0.2%

The Dow Jones Industrial Average fell 0.1%

The MSCI World index rose 0.3%

Currencies

The Bloomberg Dollar Spot Index fell 0.2%

The euro rose 0.2% to $1.1838

The British pound was little changed at $1.3768

The Japanese yen was little changed at 110.05 per dollar

Bonds

The yield on 10-year Treasuries declined one basis point to 1.30%

Germany’s 10-year yield advanced one basis point to -0.37%

Britain’s 10-year yield declined two basis points to 0.69%

Commodities

West Texas Intermediate crude fell 0.4% to $68.24 a barrel

Gold futures were little changed