Markets open the week on a cautious but constructive note with corporate activity heating up, regulatory decisions pending, and global cues turning mixed. Domestically, fund-raising and boardroom moves dominated headlines across financials, infra, and auto ancillaries. Globally, investors eye U.S. payroll data and Chinese policy signals, while back home the GST Council meet and auto sales data will set the tone for September.
-Key Corporate Highlights
Adani Power wins ₹10,500 cr order for 800 MW Anuppur project at tariff ₹5.84/kWh.
RBL Bank to raise up to ₹6,500 cr (QIP + debt); Federal Bank appoints two new EDs.
Mangalore Chemicals transfers Maharashtra fertiliser biz to Zuari Agro.
HG Infra raises ₹400 cr via NCDs; Hindustan Copper plans up to ₹500 cr fundraise.
PNB Housing Finance board to consider ₹5,000 cr NCD raise on Sept 5.
Compliance Fines: MTNL, Mishra Dhatu Nigam face penalties from NSE & BSE.
-Macro & Global Watch
GST Council (Sep 3–4): Possible two-rate structure — watch impact on auto, consumer, infra, cement.
August Auto Sales: Key barometer for domestic demand this week.
Global Cues: U.S. non-farm payrolls, jobless claims to guide Fed rate bets; China may announce stimulus support.
Oil & FX: OPEC+ moves and crude volatility; rupee under pressure amid dollar strength.
#MondayPlan — What to Watch Next
-GST Council decisions on tax rationalisation.
-August auto sales data across OEMs.
– U.S. jobs report (non-farm payrolls, unemployment).
– China’s policy stance — stimulus vs. tightening.
-PSU banks, infra, IT remain sectoral drivers; watch flows in financials and cement.
-Rupee vs USD trend, forex reserves trajectory.
Investor Takeaway:
September kicks off with policy-heavy triggers — GST reforms, auto sales, and global macro prints. Expect volatility in financials, infra, and consumption-linked names, with PSU banks and cement in spotlight. Traders should stay nimble; investors can use dips to accumulate in banks and infra ahead of policy clarity.
