From August 3, 2026 the NSE will run a Closing Auction Session in the equity cash segment and extend Futures & Options trading to 3:40 pm, ten minutes later than today. The change aims to improve end‑day price discovery and bring Indian markets in line with global practices, affecting all listed derivative contracts.
Bloomberg Index Services postponed adding Indian government bonds to its Global Aggregate Index, saying operational reforms must prove themselves in routine trading. The delay keeps an expected $20‑$25 billion foreign inflow on hold, while investors push for smoother account onboarding and fully embedded electronic trading.
Hindustan Unilever, Dodla Dairy, Asian Paints and others plan to raise prices on staples like toothpaste, tires and paints as commodity costs surge from the US‑Iran clash. With inflation already above the RBI’s 4% target and the festive season looming, the hikes could tighten household budgets and pressure policymakers.
Zepto closed a pre‑IPO private placement, adding to its cash pile now at Rs 5,681 crore and keeping debt at zero. The firm will use the funds to double‑down on execution and will update its draft prospectus, aiming to list within SEBI's approved timeline rather than rushing to market.
Coforge will acquire Encora for $2.35 billion, issuing about 94 million new shares to Advent International and Warburg Pincus, and securing a three‑year $550 million bridge loan. The financing gives Coforge AI, data and product‑engineering assets while diluting existing shareholders, positioning it for a scale‑up in the Indian IT market.
Renewable generation jumped to 36.25 billion kWh in July, lifting its share to 20 % of India’s power mix, a 30 % year‑on‑year rise. Coal’s contribution fell to 65.7 %, the lowest in a year, as solar and wind together topped 100 GW and supplied 42.8 % of electricity on July 13. The shift signals accelerating decarbonisation and tighter margins for coal generators.
The CBI lodged a First Information Report accusing former Reliance Capital chairman Anil Ambani of cheating, criminal conspiracy and causing a wrongful loss of Rs 1,816.22 crore to the Employees' Provident Fund Organisation through defaulted NCDs. Ambani denies any wrongdoing, and the probe could jeopardise Reliance Capital’s finances and EPFO’s fund safety.
You’re caught up.
That was all 7 stories in the 2 August issue.