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Indian equities ended lower on Monday as Sensex fell 172 points to 77,369 and Nifty dropped 33 points to 24,219. Rising bond yields and uncertainty over Iran sanctions pressured sentiment. Vinod Nair said, “Caution dominated market sentiment as investors are awaiting fresh sanctions from the US on Iran later today.”
Fast fashion retailer Shein is seeking to raise $1.8 billion in a Hong Kong IPO, aiming for a $27 billion valuation. According to a filing on Monday, 24 August, the company plans to debut on 1 September. Many investors already showed interest, helping cover the shares available in this offering.
Air India Express pilots raised concerns over income certainty and leave cuts despite a revised pay package. Pilots said the new structure guarantees only 40 hours of block pay, shifting operational risks onto them. They want more stability, noting that taking leave could lead to a reduction in variable pay.
Onion prices rose 59 per cent to Rs 43.53 per kg on August 24. To cool the market, the Centre started moving buffer stocks from Nashik using 'Kanda Express' railway rakes. Consumer Affairs Secretary Nidhi Khare said, "Mandi prices in Nasik are ruling higher than Delhi, which should be the case."
FIIs net bought Rs 1,182 crore while DIIs net bought Rs 2,493 crore on Aug 24. Both investor groups stayed active as the market saw mixed results. The Nifty 50 fell 32.95 points to close at 24,219.05. Siddhartha Khemka said, "Indian equities are expected to remain lacklustre amid mixed global cues."
Taxpayers filing ITR-3 or 4 forms by 31 August must note key schedules. Maurya said, "The schedules most typically filled by ITR-3 filers comprise Part A- Profit and Loss Account, Part A-Balance Sheet, Schedule BP, Schedule CG, Schedule OS." These forms help report income, business profits, and capital gains accurately.
The government will sell up to a 6 per cent stake in Hindustan Copper through an Offer for Sale at a floor price of Rs 514 per share. This price is a discount to Monday’s closing of Rs 574.15. Retail investors get 10 per cent of the offer, plus employee shares.
Aora India Private Limited launched aoraspectrum.com, moving into direct-to-consumer retail in India. The website brings supplements and digital wellness tools together. A. R. Santhanakrishnan said, "People want to understand their choices and feel confident in them." The brand started selling products in January 2026 and now offers five core categories.
NTPC Limited launched its three-month Vigilance Awareness Campaign 2026 on Monday at Scope Complex. Running from August 17 to November 16, the initiative focuses on the theme 'Probity for Prosperity'. Chief Vigilance Officer Rashmita Jha urged officials to improve outreach and said, "create a sustained impact through innovative initiatives."
A Rs 10,000 monthly SIP in three Nippon India funds started twenty years ago grew to nearly Rs 2 crore. The Nippon India Pharma Fund, Growth Mid Cap Fund, and Multi Cap Fund showed strong long-term returns. These funds proved that staying invested helps investors smooth out short-term market bumps.
Mirae Asset Sharekhan recommends 11 BFSI stocks to buy for the long term after strong Q1 results for FY27. The firm said, "Diversified lenders, vehicle financiers, and gold loan providers led profitability, while HFCs improved and power financiers lagged." Many NBFCs got a boost as credit costs fell and margins expanded.
Swara Baby Products Ltd plans to invest ₹558.47 crore in a new manufacturing facility in Pithampur, Madhya Pradesh. The company will use ₹198.21 crore from its upcoming IPO to fund this project. This expansion will help the firm increase its annual capacity for baby diapers, adult diapers, and sanitary napkins.