Auto Sector

U.S. West Texas Intermediate crude futures were trading 1 cent lower at $89.67 and Brent crude futures were down 11 cents at $93.18 a barrel.

The euro dropped overnight by 0.5% as U.S. rates increased, reaching a six-month low of $1.0575 and heading for its worst quarterly decline in a year, down roughly 3%.

Investors with moderate risk appetite and want to invest for 1 to 3 years to diversify the portfolio in government securities should invest in Kotak Nifty G-Sec July 2033 Index Fund.

The Pre-Market Inspection took place between August 23 and August 26, 2023.

Updater Services, based in Mumbai, aims to raise Rs 640 crore through the initial public offering at the upper end of the price band.

The port-related infrastructure company aims to raise Rs 2,800 crore from the issue with a price band of Rs 113-119 per share.

In the midcap segment, the BSE midcap index saw a rise of 0.40%, whereas the Smallcap index ended the day with minimal change.

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify the portfolio should invest in UTI Innovation Fund.

The trading in equity shares will start on the BSE and NSE with effect from October 6.

With USD 635 billion in assets under custody and administration, SBG runs the largest custody network in sub-Saharan Africa, leading the growth of the continent's capital markets.