11:11 | Bank strike postponed, UPI MDR in Supreme Court, Gold prices fall, LPU strike and more

DAY AHEAD IN DATA WATCH

• Singapore Industrial Production Data


• Euro Area Bond Auctions


• Brazil Current Account Data


• Brazil FDI Data


• Mexico Balance of Trade Data

 



 

• A recent listing, down 47% from IPO price, trades ex-bonus today - All you need to know

Shares of Aastha Spintex Ltd., a recent listing on Dalal Street, is set to trade adjusted for the 1:1 bonus issue on Monday, September 28. The company's board had announced the bonus issue of shares on September 16. This means that eligible shareholders will receive one bonus share for every one share that they own as on the record date, which has been fixed for today.

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• Bond market alarms are ringing on Wall Street. Here's what's ahead

Wall Street can't agree on what's driving the surge in bond yields — whether it's stubborn inflation or rapid growth or the exploding

deficit — but, whatever the cause, the likelihood that higher interest rates are here to stay is unnerving investors who fear that eventually something has to break.

• Bank strike postponed: Unions defer 3-day nationwide strike after assurance from Indian Banks' Association

Banking sector unions postponed their scheduled three-day nationwide strike on Sunday after receiving commitments from the Indian Banks' Association (IBA) on their key demands, including implementing a five-day workweek. The United Forum of Bank Unions (UFBU) had announced the strike action to commence on Monday.

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• Six companies set to see record dates for corporate actions this week; Details here

Six companies - Aastha Spintex Ltd., Indraprastha Gas Ltd., SAIL, Natco Pharma, Saraswati Saree Depot, and R Systems International will have their record dates for their respective corporate actions, ranging from bonus issues to dividends and a rights issue during the course of this truncated week.

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• Explained - The good, bad and ugly about the decline in Gold imports by Kotak Institutional Equities

India's sharp decline in official monthly gold imports since May 2026 can be a positive for India's current account deficits and balance of payments, but brokerage firm Kotak Institutional Equities has also warned that it may also result in a rise in unofficial gold imports in its latest note on Friday, September 25.

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• Gold, silver prices tumble up to 2.8%: What investors should watch this week

Gold and silver prices came under pressure on Monday (September 28) as rising oil prices, a stronger US dollar and higher bond yields weighed on demand for non-interest-bearing assets. On the international market, COMEX gold was down 1.57% at $4,253.40 an ounce, while COMEX silver declined 2.76% to $63.01 an ounce, according to market data.

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• Char Dham Yatra suspended for second day amid heavy rain in Uttarakhand

The Char Dham Yatra in Uttarakhand remained suspended for the second consecutive day on Sunday, September 27, due to incessant heavy rain, while two people, including a child, died in separate rain-related incidents, officials said. Around 136 mountaineers, including several foreign nationals, were stranded at various locations in the state.

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• LPU Student Protest: NH-44 blocked, police vehicles set ablaze as protesters clash with cops

Fresh violence reportedly erupted at Lovely Professional University (LPU) in Punjab's Phagwara on Sunday (September 27) evening as students protesting over allegations that a female student was raped on campus clashed with police, attacked vehicles and blocked the Delhi-Amritsar National Highway-44.

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• AI Watch: From White House talks to OpenAI probe, here's what is driving AI news today

US President Donald Trump is set to meet Anthropic CEO Dario Amodei at the White House as debates over AI regulation, safety and governance intensify. The meeting comes amid fresh developments involving Anthropic, OpenAI, US regulators and AI policy

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• PB Fintech share price can rise 91%, Bernstein projects in its bullish call; Here's why

Brokerage firm Bernstein has projected a 91% upside for shares of PB Fintech Ltd., which sold off sharply across Thursday and Friday after the draft IRDAI guidelines on distribution norms. The proposed guidelines led to PB Fintech shares falling 36% on Thursday, the largest on record, and another 4% on Friday.

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• UPI MDR case in Supreme Court today: What is changing from October 15 and why it is being challenged

The Supreme Court will on Monday, September 28, hear a plea challenging the Centre’s decision to introduce a Merchant Discount Rate (MDR) on certain UPI person-to-merchant (P2M) transactions above ₹2,000.

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