Published on 01/09/2025 07:01 AM
Shares of Mumbai-based private lender IndusInd Bank Ltd. will be in focus on Monday, September 1, after the bank’s shareholders rejected a key proposal during its Annual General Meeting (AGM).
TRADE SET UP
Oil steadied after capping a monthly drop, with traders focused on concerns over a potential glut and geopolitical tensions.
Brent traded near $67 a barrel, while West Texas Intermediate was below $64. Traders are assessing whether India will yield to US pressure to end crude imports from Russia after Washington imposed secondary tariffs against the South Asian nation.
Asian equities opened lower after a selloff in technology stocks hit Wall Street Friday, with chip shares among the losers.
Indexes in Japan and South Korea opened lower along with Australian stocks. Samsung Electronics Co. and SK Hynix Inc. slid after the US Commerce Department removed the companies from the list of entities authorised to move some goods from China without a license.
As we look at the new trading week of a brand new month, here, some of the stocks in focus include RBL Bank, NHPC, BHEL, Ather Energy, Bank of India and more.
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