Finance

Stalemate over Strait of Hormuz control leaves traffic near lows while IEA flags record refining margins and 410-million-barrel stock draws that could tip.

Gift Nifty signals a muted August 14 start after tame US PPI, yet a big crude build and Trump drone tariffs shift India from earnings to a mixed macro tape.

SEBI data shows FPIs offloaded 60% of IPO anchor allotments within a year versus 38% for mutual funds.

Q1 prints split the tape: Indigo Paints, LG Electronics India and Honasa post strong gains while Tata Motors PV sinks on JLR woes, shaping Friday’s selective trade.

Milky Mist Dairy Food IPO closed 56 times oversubscribed with ₹22 GMP, but 85x earnings and high debt mean listing gains and long-term returns both carry.

Spot gold eases to $4394 and silver to $65 after flat July PPI masks 0.4% core rise, keeping Fed hike odds near 40% with Hormuz still restricted.

Greg Abel cut Berkshire’s cash pile 8% with $4.5 billion buybacks and $20 billion net stock buys including Alphabet, signaling active capital use after Buffett.

SEBI hails Closing Auction Session for robust price discovery as early Nifty moves of 200 points and options settlement shifts leave traders adapting to.

Sensex shed over 400 points at the open as Brent topped $83 on US-Iran friction, yet DII buying and Bitcoin ETF inflows show selective demand holding ranges.

Ardee Industries closes its Rs 426 crore IPO today with 28% GMP and rising bids, offering cheaper entry than peers into battery lead recycling.