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It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.

Indian businesses are adapting to US tariffs. Festive season demand and GST changes may help. Companies are focusing on local sales and new supply chains. MSMEs are exploring other markets. Banks expect increased lending to MSMEs. Sectors like textiles and engineering could benefit. Government support aims to protect MSMEs from credit issues. Strong domestic demand may offset tariff impacts.

General and life insurers are seeking GST relief from the finance ministry on commissions for health and life insurance products. They argue that commissions are procurement costs embedded in premiums and should be exempt, similar to reinsurance commissions.

India saw a slowdown in demat account growth in August. Around 24.8 lakh new accounts were added, less than July s 29.8 lakh. Market caution affected investor enthusiasm. Total demat accounts are now over 20 crore, a fourfold increase since 2020. New investors are mainly young individuals from smaller cities.

Indian indices closed higher on Thursday, with the Nifty surpassing 25,000 for the first time in three weeks, driven by positive sentiment despite mixed global cues and concerns about slowing earnings. The Nifty gained 0.1% to close at 25,005.5, while the Sensex rose 0.1% to end at 81,548.73, marking the fourth consecutive day of gains.

Tata Capital is planning an IPO in early October, aiming to raise up to ₹17,000 crore through a fresh issue and offer for sale. Tata Sons and IFC are expected to offload shares in the OFS. The IPO is driven by RBI s directive for large NBFCs to list, enhancing transparency and supporting future lending growth.

Indian government bonds gained slightly on Thursday before inflation data in both the U.S. and India.

India’s home textile sector faces a 5–10% revenue drop this fiscal after the US imposed 50% tariffs. While frontloaded orders, limited rival capacity, and new markets offer some cushion, profitability may shrink. Crisil warns of weaker credit metrics, though optimism over India–US trade talks briefly lifted textile stocks.

The European Central Bank maintained steady interest rates. Inflation is under control. The Eurozone economy shows slight growth despite Trump s tariffs. Focus shifts to Christine Lagarde s comments on France s fiscal issues. The ECB might intervene if France faces market turmoil. France s high deficit poses a challenge. Lagarde must balance market stability with fiscal responsibility.

August proved volatile for PMS funds, with several small and midcap strategies logging steep losses—Valcreate’s Lifesciences fund plunged 10.19%. Yet, a few portfolios like Wallfort’s Avenue Fund and Valcreate’s Digital Disruption strategy posted modest gains, highlighting sharp performance divergence.