The latest spell of rainfall comes a day after heavy showers affected large parts of the National Capital Region, with traffic congestion, waterlogged roads and disruptions to air travel reported in different areas.
The initial public offering (IPO) of Annu Projects opened for subscription on Tuesday, August 25, offering investors an opportunity to participate in an infrastructure-focused engineering, procurement and construction (EPC) company.
Mumbai's western suburbs are seeing another premium residential launch, with Rustomjee introducing Ozone Skye in Goregaon West, a high-rise project with an estimated gross development value (GDV) of around ₹400 crore.
The correction comes after bullion prices had gained momentum amid changing expectations around US monetary policy, movements in government bond yields and heightened demand for safe-haven assets.
Shares of Hindustan Copper declined nearly 7 per cent in early trade after the government announced its offer for sale (OFS) in the state-owned copper producer.
The Indian rupee traded in a narrow range and weakened 4 paise to ₹95.74 against the US dollar in early trade. The currency had settled at ₹95.70 in the previous session after gaining a marginal 1 paisa.
On the NSE, Sunshine Pictures shares opened at ₹395.90, representing a gain of ₹35.90, or 9.97 per cent, over the issue price. On the BSE, the stock debuted at ₹394, translating into a 9.44 per cent premium.
Shares of Tata Consultancy Services (TCS) reversed their initial gains and slipped nearly 1 per cent during intra-day trading after the company.
Shares of PVR Inox Ltd gained nearly 4 per cent in intra-day trading after the company announced that its board of directors would consider a share buyback proposal.