&w=3840&q=100)
Stock Market LIVE Updates: GIFT Nifty indicates flat start amid muted global cues
At 7:00 AM, GIFT Nifty futures were trading at 24,988 levels, down 24 points.
On Tuesday, Asian markets were trading lower tracking Wall Street declines overnight. Last checked, Japan's Nikkei 225 index was down 0.43 per cent, and South Korea's KOSPI index was down 0.19 per cent.
Following talks at the White House, Zelensky said that he would be willing to meet directly with Russian leader Vladimir Putin to end the invasion of his country.
Overnight, the US equity markets settled flat as investors awaited key retail earnings and Federal Reserve Chair Jerome Powell's annual speech at the central bank's Jackson Hole summit. The S&P 500 settled almost flat with a negative bias, and the Dow Jones Industrial Average fell 0.07 per cent. ALSO READ |
IPO Corner
In the mainboard IPO segment, IPOs of Patel Retail, Vikram Solar, Gem Aromatics, and Shreeji Shipping will open for bidding. Bluestone Jewellery and Lifestyle will make its debut on the exchanges.
In the SME IPO space, IPO of LGT Business Connextions will open for bidding and Studio LSD IPO will enter its second day. Icodex Publishing Solutions will list on the BSE SME platform.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
29 minutes ago
- News18
Karnataka HC Pushes State Govt To Act On Bike Taxi Ban, Citing Livelihood And Precedent
Last Updated: The High Court acknowledged the gravity of the situation, recognising that the ban has a direct impact on the earnings and sustenance of the operators In a major development that can bring back bike taxis on Bengaluru roads, the Karnataka High Court has issued a firm directive to the state government, urging it to decide its stance on formulating rules for these conveyances within four weeks. The court's action comes in response to a petition filed by bike taxi operators who are challenging the government's complete prohibition on their services. This legal battle highlights the growing tension between traditional transport regulations and the evolving gig economy, with the livelihoods of thousands of drivers hanging in the balance. During the hearing, the legal representatives for the bike taxi operators presented a compelling case against the ban. They underscored that a majority of Indian states—specifically, 13 of them—have already successfully formulated and implemented a policy framework for bike taxis. This fact, they argued, makes Karnataka's decision to enforce a blanket ban an outlier and an unjustified measure. The operators also pointed to the unique operational benefits of their services, noting that two-wheelers can easily navigate congested urban areas and reach locations inaccessible to cars and auto-rickshaws, thereby offering a crucial last-mile connectivity solution that doesn't significantly worsen traffic. The High Court acknowledged the gravity of the situation, recognising that the ban has a direct impact on the earnings and sustenance of the operators. Granting the government a period of four weeks to craft a clear policy, the court emphasised that a decision must be made, as 'there are lives at stake". In response, the state's advocate general, Shashikiran Shetty, assured the court that the government would comply with the directive and provide its official position within the given timeframe. The High Court has set a firm deadline of September 22 for the government to present its official stance. This directive marks a significant moment in the struggle for the formal recognition of bike taxis in Karnataka. It places the onus squarely on the government to either justify its complete ban or follow the lead of other states and create a regulatory framework. The outcome of this decision will not only impact the future of ride-sharing in the state but will also serve as a precedent for how governments approach the regulation of innovative, app-based services that are reshaping urban mobility and employment. view comments First Published: August 21, 2025, 04:46 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Loading comments...


Time of India
34 minutes ago
- Time of India
How an auto giant trapped global investors in an INR1,000 crore heist
The Dhams of the Amtek Auto not just duped Indian banks of more than INR33,000 crore but trapped scores of global investors in a bewildering 'pump and dump' stock price manipulation game that bruised institutional and laymen investors alike. In what could help solve a 10-year-old securities market manipulation complaint, ED has traced back a money trail. The probe unearthed how funds worth at least INR100 crore loaned by public sector banks were


Economic Times
35 minutes ago
- Economic Times
How an auto giant trapped global investors in an INR1,000 crore heist
The Dhams of the Amtek Auto not just duped Indian banks of more than INR33,000 crore but trapped scores of global investors in a bewildering 'pump and dump' stock price manipulation game that bruised institutional and laymen investors alike. In what could help solve a 10-year-old securities market manipulation complaint, ED has traced back a money trail. The probe unearthed how funds worth at least INR100 crore loaned by public sector banks were