Business

04

Sep

By The Press Editor

Business

Gold continues to fall on MCX, silver down by Rs 1,900 per kg | Check city-wise rates

Rates of precious metals in futures continued to fall on Friday, September 04, 2026, amid selling pressure as COMEX Gold traded on a weak note, pulling back after a sharp two-session high. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 1,300 or 0.83 per cent at Rs 1,57,075 per 10 grams against the previous close of Rs 1,55,775. However, it witnessed profit booking and fell to touch the intraday low of Rs 1,54,750, dropping Rs 1,025 or 0.65 per cent. Last seen, it was trading at Rs 1,54,999 with a drop…

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04

Sep

By The Press Editor

Business

4 September, 2026 Stock Market Updates: Sensex surges 504 points, Nifty above 23,900, Bajaj Finserv top gainer

Indian equity benchmark indices, the Sensex and Nifty, posted a strong recovery from the previous session's weakness and opened in the green on Friday amid strong global cues and firm buying in IT stocks. While the 30-share BSE Sensex gained 504.16 points or 0.66 per cent to start the session at 76,657.02, the Nifty opened with a jump of 37.45 points to 23,910.90. In the last trading session, the Sensex closed at 76,152.86 and the Nifty 50 at 23,873.45. Similarly, the broader indices traded in the green in the early trading session. While the BSE Midcap Select Index was up…

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04

Sep

By The Press Editor

Business

ESDS Software Solution IPO listing: Stock makes stellar debut, list at premium of 76% on NSE

Shares of ESDS Software Solution, an AI-enabled cloud, managed services, data centre infrastructure and software solutions provider, made a stellar debut on the bourses and listed at a premium of over 76 per cent today. The stock listed at Rs 757 on the National Stock Exchange (NSE), a premium of 76.46 per cent to the issue price of Rs 429. On the BSE, the stock began trading at Rs 746.30, up 73.96 per cent. Priority Jewels also made a positive debut, listing at a 15 per cent premium. The stock began trading at Rs 230 on the NSE, a 15…

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04

Sep

By The Press Editor

Business

Bank Holiday today for Krishna Janmashtami: Banks to remain closed in these cities, check full list

Bank branches in many states will remain closed on Friday, September 4, 2026, to celebrate Krishna Janmashtami. However, this is not a gazetted holiday, and therefore banks will remain open in several states. According to the RBI holiday list, bank holidays are determined by festivals in different states and cities. So, if you plan to visit a bank branch to deposit cash, clear a check, or do any banking work, be sure to check the bank holiday list. Here are the details about states where banks will remain closed today.   Bank Holiday for Krishna Janmashtami Bank branches will remain closed…

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03

Sep

By The Press Editor

Business

Sensex settles 417.49 points lower, Nifty below 23,900 amid selling in IT, FMCG stocks

After a mildly positive start, benchmark indices Sensex and Nifty ended the session in the red as elevated geopolitical risks kept investors cautious. The 30-share BSE Sensex closed 417.49 points, or 0.55 per cent, lower at 76,152.86. During the day, the benchmark hit a high of 76,924.48 and a low of 76,152.86, gyrating 771.62 points. The 50-share NSE Nifty ended with a fall of 41 points or 0.17 per cent and closed the session at 23,873.45. However, the broader market ended the session in the green. While the BSE MidCap Select Index gained 16.09 points or 0.09 per cent, the BSE…

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03

Sep

By The Press Editor

Business

Jewellery stock ends trading session in green even as markets extends losing streak, here’s why

Shares of PC Jeweller ended the trading session in the green even as benchmark equity indices extended their losing streak to a fourth consecutive day amid rising crude oil prices. While the 30-share BSE Sensex dropped 417.49 points, or 0.55 per cent, to close at 76,152.86, the 50-share NSE Nifty slipped 41 points, or 0.17 per cent, to settle at 23,873.45. Despite this, the stock closed at Rs 10.54, with a gain of Rs 0.36 or 3.54 per cent from the previous close of Rs 10.18. The market cap of the company stood at Rs 10,234.90 crore. During the day,…

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03

Sep

By The Press Editor

Business

Piyush Goyal says India will finalise US trade deal only after securing preferential tariff terms

Commerce and Industry Minister Piyush Goyal on Thursday said the details of the Bilateral Trade Agreement (BTA) with the US will be announced once Washington offers preferential terms compared to the country's competitors. The statement comes despite US Ambassador to India Sergio Gor saying that the long-anticipated bilateral trade agreement between India and the United States is in its final stages and nearly complete in principle.  "As soon as the US is able to give us the preferential rate in comparison to our competition, we will finalise the BTA and announce the final details," Goyal said, addressing a national workshop…

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03

Sep

By The Press Editor

Business

LED solutions stock in focus as company incorporates wholly-owned subsidiary to enter into defence segment

Shares of Hyderabad-headquartered LED solutions provider MIC Electronics Limited (MICEL) are on investors' radar after the company incorporated a new wholly owned subsidiary, MIC Defence Systems Private Limited. According to the information shared, the company received its Certificate of Incorporation dated August 31, 2026, from the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs. The company has received the Certificate of Incorporation following approval from the company's board. Details of wholly-owned subsidiary The new entity, MIC Defence Systems Private Limited, will be a 100 per cent wholly-owned subsidiary of MIC Electronics Limited with authorised capital of Rs 10,00,000…

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03

Sep

By The Press Editor

Business

Shares of Raymond zoomed over 14%, defence and aerospace orders boost investors’ confidence

Shares of Raymond Limited surged over 14 per cent today, even as benchmark indices traded rangebound. The counter opened in the green at Rs 677.65, a gain of Rs 10.55 or 1.58 per cent from the previous close of Rs 667.10 on the BSE. Amid a spurt in trading volume by more than 17.59 times, the stock jumped further to touch the intraday high of Rs 764.10, a gain of 14.54 per cent from the last closing price. This is also the stock's fresh 52-week high. The 52-week low of the counter is 320.40, touched on March 30, 2026. Last…

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03

Sep

By The Press Editor

Business

Nitin Gadkari asks states to permit private two-wheeler owners to operate bike taxis

Union Road Transport and Highways Minister Nitin Gadkari on Wednesday said that private two-wheeler owners may be permitted to operate bike taxis. Gadkari urged state governments to approve such services in their respective states. The minister said private two-wheeler owners have been permitted to transport passengers via bike taxis in several states, but some still do not permit such services. According to Gadkari, transportation is a state subject, so states will decide whether to implement bike taxis. He added that this could create a new source of income, especially in rural areas. 8 crore people can get employment Nitin Gadkari…

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