ZEEL shares plunged over 11% after SEBI barred the company from accessing the securities market for two months. Here's the latest stock price update, regulatory action, and investor impact.
GAIL shares declined nearly 5% after investors booked profits following strong Q1 FY27 results. Here's the latest share price update, earnings highlights, and brokerage outlook.
LIC shares fell over 7% after the Government of India announced a mega 6.5% Offer for Sale (OFS) at a floor price of ₹382 per share. Here's everything investors need to know about the LIC OFS, why the stock corrected, the impact on shareholders, and what lies ahead with Q1 FY27 earnings.
Indian benchmark indices ended sharply higher on August 3, with the Sensex gaining 544 points and the Nifty closing at 24,774. Strong buying in IT stocks, easing crude oil prices, improving FII sentiment, and the rollout of the new Closing Auction Session (CAS) drove the rally, while investors remained focused on the upcoming RBI policy meeting.
The MV Electrosystems IPO, subscribed 200.66 times, is set for allotment. Investors can check their allotment status online through the NSE and BSE portals. The latest GMP of ₹102 indicates a potential listing price of ₹527, implying a possible 24% premium over the issue price.
The RBI maintained the repo rate at 5.25% and retained its neutral policy stance in the August 2026 MPC meeting. The central bank upgraded FY27 GDP growth to 6.7%, reduced the inflation forecast to 5.0%, and highlighted global geopolitical risks while expressing confidence in India's resilient economy.
Banking shares traded lower with Nifty Bank slipping nearly 1% ahead of the RBI's August 5 monetary policy announcement. While the repo rate is expected to remain unchanged at 5.25%, investors are closely watching the central bank's stance on inflation and future rate cuts.
Manipal Health Enterprises made a strong stock market debut with a 10.5% listing premium, defying muted grey market expectations. The hospital chain's ₹9,275 crore IPO saw robust institutional participation, while analysts remain optimistic on long-term growth but cautious on its premium valuation.
Ather Energy reported a stellar Q1 FY27 with 89% revenue growth, a 71% decline in net loss, and its first positive EBITDA. The strong performance, led by Rizta scooter demand and expansion plans, pushed the stock to a record high, reflecting growing investor confidence.
MCX posted a strong Q1 FY27 performance with net profit more than doubling year-on-year to ₹413 crore and revenue rising 88%. Although earnings moderated sequentially after a record March quarter, higher commodity derivatives volumes and growing market participation continue to strengthen the exchange's long-term outlook.

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.