Zee Entertainment Enterprises has issued warrants to Sunbright Mauritius Investments Ltd, following the necessary board sanctions and regulatory approvals for their funding initiative. This move has attracted a subscription of Rs 659.76 crore, allowing Sunbright Mauritius to secure a substantial stake once the warrants are fully converted. Notably, these warrants are eligible for conversion within a period of eighteen months from the date of allotment.
Gemini Edibles & Fats India, maker of Freedom Oils, filed IPO papers with Sebi for an entirely offer-for-sale issue of up to 4.12 crore shares. Promoters and investors will sell stakes, while the company earns no proceeds. Revenue rose to Rs 12,650 crore in FY26, supported by strong branded oil growth.
On September 1, Rays of Belief Ltd will make its debut in the stock market with an initial public offering. With ambitious plans to open 319 new centers across India by FY29, the IPO proceeds will support expansion efforts, including fit-outs and technological advancements. The company aims to enhance neurodevelopmental care in Tier-II and Tier-III cities while showcasing impressive revenue growth.
BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a self-reinforcing cycle, while early confusion, retail concerns and alleged CAS manipulation have further intensified scrutiny of the new closing-price mechanism.
Goldman Sachs expects Indian banks’ loan growth to moderate to 14–15% through FY29 and initiated coverage on 14 lenders. It favours six private banks, including ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Axis Bank, Federal Bank and AU Small Finance Bank.
Bitcoin surged nearly 23% in a week to around $78,000, while Ethereum and major altcoins also rallied. Strong crypto ETF inflows, softer US dollar expectations, Treasury buybacks and reduced Fed tightening hopes boosted sentiment. Analysts flagged improving institutional participation, though profit-taking and long-term holder selling remain key risks.
Crypto adoption expanded across India in Q2 2026, led by Uttar Pradesh, Maharashtra and Karnataka. Regional investment patterns varied, with Andhra Pradesh recording the highest female participation and distinctive cryptocurrency preferences, highlighting the diverse and growing nature of India’s crypto investor base.
Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks and expectations of stable Fed rates. Analysts see long-term potential amid central-bank demand and currency concerns, though the World Gold Council expects near-term prices to remain rangebound.
Vijay Kedia’s disclosed portfolio rose 21% to Rs 1,415 crore by August 2026. Neuland Laboratories led CY26 gains at 53%, while Innovators Facade Systems fell 37%. Eimco Elecon was his latest portfolio addition, highlighting varied performance across his holdings.
SBI Securities’ Sudeep Shah expects Nifty to remain range-bound, with 24,000 as key support and 24,500 as resistance. He warns of underpriced options-market tail risks amid low volatility. Bank Nifty remains compressed, while Nifty IT faces support at 30,000. AU Small Finance Bank, Aditya Birla Capital and Nippon Life offer setups.
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