News Overview

The second estimate of US Q2 GDP growth has been upped by 20 bps as compared to the first advance estimates

The initial public offer of Bazaar Style Retail is opening for subscription from August 30 to September 3.

The euro remained at a two-week low against the dollar as falling inflation in Germany and Spain bolstered the case for European Central Bank easing.

The November Brent Futures dropped 0.09%, to $78.75. U.S. West Texas Intermediate crude futures were down 11 cents, or 0.14%, to $75.80.

Spot gold was down 0.1% at $2,517.91 per ounce, on track for its second consecutive monthly rise of around 3%.

Here are some of the stocks that may see significant price movement today: SpiceJet, LIC, Infosys, NLC India, Jai Corp, etc.

While talking about Indian investors, everyone's eyes will be on today's announcement of India's GDP data for the April–June 2024 quarter.

The BSE Midcap index declined by 0.3%, while the Smallcap index was down by 0.7%.

The IPO opened for subscription on August 27 and closes today, August 29.

The IPO is an offer for sale, with no fresh capital being raised for ECOS Mobility; proceeds will go to selling shareholders.