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Coal consumption in August fell to 52.1 MT, down from 59.1 MT in the same month the previous fiscal year.

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The government is going slow on fiscal deficit this year and looks keen to defend the 4.9% target

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Earlier this month, the company raised ₹37 Crore from Volrado Ventures Partners Fund II in a pre-IPO placement, reducing the fresh issue size.

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The Q1FY25 GDP was lower along expected lines and full year GDP may trend closer to 7%

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A 20 bps upgrade in US Q2 GDP and flat PCE inflation at 2.5% make a strong case for aggressive rate cuts by the Fed

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Despite negative growth in oil extraction and gas, oil refining and steel more than made up for it

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The quota set out for retail individual investors (RIIs) was used 3.03 times. The issue received 8.08 subscriptions in the NII category.

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The company's total exports increased by 26% to 3,060 units last month, up from 2,423 units the previous year.

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The retail and non-institutional investor (NII) categories had high demand, with subscriptions at 8.49 and 10.57 times, respectively.

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The top performers in Nifty include Bajaj Finance, LTI Mindtree, HCL Tech, Bharti Airtel, SBI Life Insurance, IndusInd Bank, Infosys, Hero MotoCorp, Cipla, and ICICI Bank.

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