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Several brokerage firms provided ratings on notable companies. CLSA rated Reliance as Outperform with a Rs 3,300 target. Nomura downgraded Apollo Hospitals to Neutral, targeting Rs 6,856. Citi maintained a Sell rating on Zydus Life with a Rs 890 target. BofA issued a Buy rating on L&T at Rs 4,043, anticipating margin expansion.

Kaynes Technology India Ltd., incorporated in the year 2008, is a Small Cap company (having a market cap of Rs 32309.63 Crore) operating in General sector.

On August 23, the closing prices of three stocks dropped by about 2% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.

Several analysts have identified stocks with the potential to deliver up to 22% returns in the near term

Gold October futures opened flat on Monday at Rs 71,766 per 10 grams, while silver September futures traded at Rs 85,001/kg. The market rose following hints of rate cuts by the Fed Chairman.

Baazar Style Retail IPO: Rekha Rakesh Jhunjhunwala-backed Baazar Style Retail has announced a price band of Rs 370-389 for its IPO, which will open for public subscription on August 30. The IPO will include a fresh issue of up to Rs 148 crore and an offer for sale of up to 1.76 crore shares by the promoter group and other selling shareholders. At the upper end of the price band, Rs 389, the total issue size will be Rs 835 crore.

Brace Port Logistics Share Price: Brace Port Logistics shares listed at Rs 152 on the NSE SME platform, 90% above the issue price of Rs 80. The IPO, a fresh equity issue of 30.5 lakh shares, was heavily oversubscribed. Funds raised will be used for warehouse upgrades, debt repayment, and general corporate purposes.

So, I understand they have room to cut, but I think broadly, all they have is about 150 basis points, that is all there is on the table. Now, my sense is they will take next six meetings to do a 25 basis point each if the data continues to be favourable and stop somewhere at maybe 3, 3.5, so that is broadly the best the market can expect. We are not going back to zero days and I think there are a lot of reasons that we can discuss about.

Market expert Ajay Bagga noted that Fed Chairman Jerome Powell reassured the market by signaling readiness to cut rates due to labor market concerns. With rate cuts almost certain by September, bond yields dropped, stocks rose, the dollar weakened, and gold prices increased. This was expected amid the substantial fiscal deficit buffering economic errors.