PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 47 points or 0.9 percent. The Nifty futures were trading around the 24,600 level.
The S&P 500 ended down from record highs on Friday, with losses in Dell, Nvidia, and other AI-related stocks, while investors parsed inflation data showing tariffs have started feeding into prices.
The S&P 500 declined 0.64% to end the session at 6,460.26 points a day after notching a record-high close. The Nasdaq declined 1.15% to 21,455.55 points, while the Dow Jones Industrial Average declined 0.20% to 45,544.88 points.
Asian shares started the new month in the red on Monday after a court ruling threw another wrench into U.S. tariff policy and investors braced for a reading on U.S. jobs that could determine the course of rate cuts there.
Japan’s Nikkei, KOSPI, and the Taiwanese weighted index opened negative with 1.89, 0.45, and 0.10 percent down, respectively, while Hong Kong’s Hang Seng went up 2.13 percent.

STOCKS TODAY
Adani Power
The company has received a Letter of Award (LoA) from MP Power Management Company (MPPMCL) for the supply of power from a new 800 MW Ultra-Supercritical thermal power project to be set up in Anuppur, Madhya Pradesh, on a DBFOO model.
Aurobindo Pharma
The US Food and Drug Administration (US FDA) inspected Unit-I, an API manufacturing facility of the company’s subsidiary Apitoria Pharma at Sangareddy, Telangana, during August 21–29. After the inspection, the US health regulator issued a Form 483 with five observations, which are procedural in nature, and no data integrity issues were reported.
PG Electroplast
The company’s subsidiary, Next Generation Manufacturers, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest Rs 1,000 crore in a greenfield project at Kamargaon, Ahilyanagar. The project will establish manufacturing capacities for air conditioners, washing machines, refrigerators, and allied products.
PNB Housing Finance
The Board will meet on September 5 to consider fundraising via issuance of non-convertible debentures (NCDs) of up to Rs 5,000 crore on a private placement basis.
Bharat Heavy Electricals
Bharat Heavy Electricals (BHEL) has signed a License Agreement for Transfer of Technology (LAToT) with the Defence Metallurgical Research Laboratory (DMRL), Hyderabad, a research lab of the Defence Research and Development Organisation (DRDO).
HEG
The company’s subsidiary, TACC, has signed a Technical Collaboration Agreement with Ceylon Graphene Technologies (CGT), a subsidiary of LOLC Holdings PLC and a global pioneer in graphene technologies, to jointly accelerate commercialization and large-scale adoption of graphene and its derivatives.
Source – Moneycontrol