Equity markets remain range-bound at 24,800–25,000, with short-term pullbacks amid foreign investor selling and tariff concerns. Anshul Saigal of Saigal Capital says long-term growth remains intact, advising investors to focus on strong businesses. While IT valuations appear expensive with weak growth, opportunities are better in defence, renewables, banking, capital goods, and manufacturing.

US and India trade talks show promise. Donald Trump and Narendra Modi are highlighting progress. A deal may finalize by November. Market expert Chakri Lokapriya sees benefits for IT, pharma, and auto sectors. Export sectors are likely to gain first. GST cuts will boost consumption. Auto and tyre companies are well-positioned.

Manish Chokhani of Enam Holdings cautions that Indian equities, particularly in FMCG, IT, and pharma, face potential derating without innovation and business model changes. He highlights overvaluation in high-growth sectors like QSR and EMS, while suggesting opportunities in PSU privatization. India needs new growth drivers to avoid a prolonged market consolidation.

U.S. consumers remain financially resilient with strong credit quality and steady spending, even as job growth slows.

Infosys shares experienced a 2% surge, reaching Rs 1,535 on the BSE, ahead of its fifth share buyback meeting. Historically, Infosys shares have generally risen following buyback announcements. Market experts suggest that current valuations are more appealing, with the stock consolidating at lower levels.

Shares of Oracle Financial Services Software (OFSS) rallied over sharply after parent Oracle’s U.S. stock soared on a blockbuster cloud forecast. Oracle’s multi-billion-dollar client wins and aggressive expansion in multi-cloud services boosted optimism that OFSS will benefit from higher license and cloud revenue growth.

Political unrest in Nepal poses only a minor risk to FMCG firms, says Abneesh Roy, noting exposure is limited. He expects GST cuts and recovering paint demand to drive stronger consumption and margins in H2, cushioning near-term pressures from floods and Nepal’s instability.

CarTrade Tech shares plunged 18.7% after JM Financial downgraded the stock to ‘Sell’ and cut its target price to Rs 1,910, citing rich valuations, B2B revenue dependence, and structural risks from generative AI adoption. Shares partially recovered, trading 10% lower amid volatile market sentiment.

Airfloa Rail Technology’s Rs 91 crore IPO opens September 11 on BSE SME, closing September 15, with listing on September 18. The company, a supplier to Indian Railways, manufactures rolling stock components and interiors. Strong GMP and robust financial growth highlight investor interest in this seasoned OEM.

Urban Company’s Rs 1,900-crore IPO was fully subscribed within hours on Day 1, driving its GMP up to 37%. Brokerages are divided—while BP Equities and Arihant Capital see strong growth potential, ICICI Direct remains cautious, flagging steep valuations despite profitability and sector leadership.