News Overview

Lumino Industries shares made a strong stock market debut, listing at ₹110 on NSE, 34% above the ₹82 IPO price. The stock touched ₹118.99 intraday after the IPO was subscribed 118.12 times.

Deepa Jewellers IPO GMP today stands at ₹28 on the issue closing day, indicating an estimated listing price of ₹205. The IPO is subscribed 5.15 times overall, with strong demand from retail and NII investors.

Indian markets are likely to open higher on September 3, tracking a 151-point rise in Gift Nifty. Here are the key Nifty and Sensex levels, support, resistance and market outlook.

Indian stock markets ended lower on Wednesday, with the Sensex falling 374 points and the Nifty declining 141 points. Rising crude oil prices, escalating US-Iran tensions, elevated bond yields and weak global markets weighed on investor sentiment.

IFCI and New India Assurance shares rallied sharply on September 2 amid reports that the National Stock Exchange (NSE) IPO could launch this month. Here’s why investors are tracking their NSE exposure and what the proposed IPO could mean for these stocks.

Deepa Jewellers IPO GMP stands at ₹24 as of September 2, 2026, indicating an estimated listing price of ₹201 and a 13.56% premium over the ₹177 issue price. The IPO is subscribed 2.09 times, with strong retail and NII participation.

Indian benchmark indices ended marginally lower on September 1, 2026, extending losses for a second consecutive session. The Nifty 50 fell 0.10% to 24,055.80, while the Sensex declined 0.02% to 76,944.28. Renewed US-Iran tensions and Brent crude crossing $91 a barrel pressured banking, auto, realty and pharma stocks, while gains in ITC, IT and telecom counters capped the downside.

Gold and silver prices came under pressure on September 1 after a hawkish Jackson Hole speech revived expectations of a US Fed rate hike. Rising yields and a stronger dollar are weighing on precious metals, even as the long-term debasement trade, central bank buying and supply constraints continue to support the structural outlook.

HDFC Bank shares hit a fresh 52-week low for the fourth consecutive session, with the stock facing sustained pressure from CEO succession uncertainty, post-merger challenges, NIM compression, slower growth, governance concerns and a US class-action lawsuit.

Priority Jewels IPO GMP remains steady at ₹45, suggesting an estimated listing price of ₹245 against the IPO price of ₹200. The issue was subscribed 50.49 times overall, with strong demand from NII and retail investors.