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The National Stock Exchange will announce its IPO price band on September 11. The offer size got smaller and is now around Rs 23,000 crore. Many shareholders decided to sell fewer shares than planned. This change happened as the company prepared for its upcoming market debut later this week.
Nvidia said on Thursday it plans to expand data centre capacity in Australia to meet rising AI demand. The company aims to build 2 gigawatts of capacity by 2027 through local partnerships. Nvidia said, “Growing AI adoption across industries is increasing demand for high-performance computing,” to support local innovators.
Equity mutual fund inflows rose 19 percent to Rs 29,329 crore in August, according to AMFI data. Investors showed strong confidence as monthly SIP contributions hit a record Rs 32,297 crore. While equity schemes got more money, debt funds saw outflows of Rs 8,127 crore after a massive inflow in July.
Ultraviolette will invest Rs 1,000 crore to expand manufacturing in Karnataka and Tamil Nadu. The company plans to build a new facility in Hosur with a capacity of 2.5 lakh vehicles. CEO Narayan Subramaniam said, "We were looking at locations close to our R&D facility." This project creates many jobs.
Brent crude oil futures stayed above $100 a barrel on Thursday morning as tensions between the US and Iran escalated in West Asia. At 9.59 am, November Brent oil futures were at $101.04. President Donald Trump said, "I think war is going to end immediately after the election."
Jefferies highlighted India’s new industrial revolution across six high-growth sectors on September 10, 2026. "Large domestic opportunity is driving participation in emergent industries," the firm said. Government support and private players are helping space, semiconductors, and solar grow fast. These sectors now show strong potential for long-term economic expansion.
Apple officially launched the iPhone 18 Pro, with India included among the first-wave markets. The new Pro model starts at ₹1,64,900 in India. While the United States offers the lowest price at approximately ₹1,14,145, India remains the most expensive market. Apple said prices in India already include all applicable taxes.
Silver prices fell by ₹568 to ₹2,43,645 per kilogram in futures trade on Thursday. On the Multi Commodity Exchange, silver contracts for December delivery saw a turnover of 1,262 lots. Analysts said a sell-off by participants weighed on prices. Globally, the metal traded higher at $67.63 per ounce in New York.
NPCI is examining protocols to authorise AI agents on UPI, said chairman Ajay Kumar Choudhary. The framework aims to enable autonomous payments on the network. "NPCI is also examining the protocols that may be required to identify and authorise digital agents," Choudhary said at the Global Fintech Fest 2026.
The U.S. Justice Department is investigating Nvidia over its $17 billion licensing deal with AI startup Groq. Officials want to know if the arrangement avoided antitrust scrutiny. An Nvidia spokesperson said, "The Groq story is a prime example of the American system working as designed to promote innovation, reward entrepreneurs."
Jefferies started coverage on Manipal Hospitals with a Buy rating after its ₹9,000 crore acquisition spree. The brokerage expects a 46% profit growth through FY29. Manipal is now India’s third-largest hospital chain. Shares got a boost, trading 2% higher at Rs 743.90, as investors showed faith in their expansion strategy.
LIC captured 56.5% of the life insurance premium market in August as new business premiums jumped 33.1% to Rs41,197.8 crore. CareEdge Ratings said, "Group single-premium business emerged as the key growth driver, accounting for the bulk of the incremental NBP." Private insurers still lead the year-to-date growth figures for this year.