News Overview

The approval is a significant development for PPSL, as it paves the way for the company to move forward with its application for a payment aggregator (PA) licence.

Brent crude prices rose 9 cents, or 0.11%, to $78.74 per barrel, while U.S. West Texas Intermediate crude futures were up 0.2%, at $74.67.

The dollar maintained its overnight gains in early Asia trade on Thursday, after rising 0.48% against a basket of major rivals.

Spot gold was up 0.46% to $2,513.73 per ounce. On August 20, bullion reached a record high of $2,531.60.

Shares of Nvidia, the leading supplier of AI processors, fell by 2.1% ahead of the earnings announcement, reducing their year-to-date gain to 154%.

Here are some of the stocks that may see significant price movement today: Reliance Industries, IndiGo, PB Fintech, etc.

Orient Technologies' shares rose by 5% to ₹304.45 on the BSE, following a good debut on Wednesday.

As of 4:30 p.m., non-institutional investors (NIIs) had subscribed 18.36 times. Retail investors subscribed nearly 4.16 times.

There was some variation in the market breadth, with 2,049 shares falling, 1,729 shares rising, and 85 shares staying the same.

In conversation with IIFL Capital Services, Mr. Kirit Vishanji Gala, CMD and Mr. Balkishan Jalan, ED of Gala Precision Engineering shares there vision about the IPO.