The Indian rupee closed unchanged on Wednesday as tariff-related uncertainties continued to dominate the Asian currency s price action following mixed signals from U.S. President Donald Trump regarding recent bilateral trade tensions.

Lenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market leadership in India and Asia, and an omnichannel presence. Jefferies highlights profitability, international expansion, and large market potential driving investor interest.

Zerodha CEO Nithin Kamath highlighted the benefits of a secondary offline demat account, helping investors separate long-term and short-term holdings, avoid impulsive trading, and optimize tax management. Recently launched on Zerodha’s Kite app, this feature supports smarter investing, while Kamath emphasized the company’s growth through referrals and word-of-mouth

Bharat Electronics Ltd declared Rs 0.90 dividend per share, payable September 23. Strong Q1FY26 results, 25% PAT growth, and Rs 74,859 crore order book highlight BEL’s robust financials and defence sector strength.

Pace Digitek, a telecom solutions provider, is set to launch an IPO. The company aims to raise ₹900 crore. SEBI has approved the IPO plan. The funds will boost Pace Digitek s battery energy storage systems. A portion of the proceeds will fund a project with MSEDCL. The company focuses on renewable energy and turnkey projects.

India s IPO market is poised for a record period with a Rs 2.8 lakh crore pipeline, raising concerns about liquidity and potential impact on SIP inflows. While experts acknowledge short-term pressure from IPO allocations, they believe the structural strength of SIPs, driven by disciplined, long-term investments, will provide stability and prevent significant disruption.

ANAROCK s survey reveals generational differences in India s property market. Millennials prioritize homes for family and lifestyle. Gen Z aims for early homeownership, preferring premium properties. Gen X balances homes with business and savings. Baby Boomers focus on retirement security. Millennials also explore entrepreneurship. These trends impact housing demand, with younger buyers seeking spacious, well-designed homes.

Global capital flows are changing due to AI, geopolitics, and hard assets. Money is flowing back to the US, impacting India s foreign investment. AI is attracting investors, while gold and silver gain appeal. Indian markets remain strong due to retail inflows. Financial companies in India are set to benefit from AI.

MTAR Technologies shares rose sharply after the company secured Rs 386 crore in clean energy orders from Bloom Energy. The deals, valid till June and March 2026, are expected to strengthen MTAR’s revenue, with analysts giving a ‘Strong Buy’ rating.

Larry Ellison surged closer to surpassing Elon Musk as the world’s richest person after cafter-hours shares jumped over 26%, potentially boosting his net worth by $70 billion. The 81-year-old co-founder’s fortune is heavily tied to Oracle, whose stock has risen 45% this year, while Tesla shares have fallen 14%, trimming Musk’s wealth.