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Indian Stock Market Today: SENSEX Jumps 350 Points, NIFTY50 Above 24,150 as IT Stocks Rally
Indian stock market indices extended gains through Friday morning, August 28, 2026, led by a sharp IT sector rally. The Sensex climbed roughly 366 points, or 0.47%, to near 77,295. The Nifty50 pushed past 24,168, building on its early gains. Nifty IT rose over 1% as traders awaited Fed Chair Kevin Warsh’s Jackson Hole remarks….
South Korea’s KOSPI Crashes 40%, Erasing 400 Trillion Yen in Market Value
South Korea’s KOSPI index crashed 40% in six weeks after an AI bubble burst. The market lost 400 trillion yen as retail investors faced devastating losses on leveraged bets.
Malaysia’s Ex-PM Ismail Sabri Charged With Concealing $40M in Assets on August 27
Ismail Sabri Yaakob, Malaysia’s shortest-serving PM, charged with concealing US$40M in undeclared assets including foreign currencies and gold bars. Faces up to 5 years prison if convicted.
Shein Sets Hong Kong IPO Price at HK$48.56, Valuing Fast-Fashion Giant at $26.5 Billion
Shein will price its Hong Kong IPO at HK$48.56 per share, people familiar with the matter said Thursday. The price sits near the midpoint of its HK$47.60 to HK$49.50 marketed range. The deal values Shein at roughly $26.5 billion, confirming weeks of investor pushback on valuation. Final Pricing Details Shein’s pricing will raise approximately HK$13.6…
HDFC Bank (HDFCBANK) Shares Fall 2% to 52-Week Low as US Securities Class-Action Lawsuit Weighs
HDFC Bank shares fell more than 2% to ₹710 on August 27, 2026, hitting a fresh 52-week low as investors reacted to a US securities class-action lawsuit against the lender and two senior executives. The legal case adds to the pressure on HDFCBANK stock, which was already trading well below its previous high. HDFC Bank…
South Korea’s KOSPI Rebounds 0.97% on Chip Gains Ahead of Nvidia Earnings
South Korea’s KOSPI climbs 0.97% to 6,808.21 on August 26 as chip stocks rally ahead of Nvidia earnings. The index is recovering from a 40% crash that wiped out $2.5 trillion in value over six weeks.
Adani Energy Shares Rise 3% on ₹4,700 Crore Transmission Project Win; Order Book Hits ₹85,000 Crore
Adani Energy Solutions shares rose 1.75% to ₹1,617.85 on the BSE on Wednesday, August 26, 2026. The rally followed news that AESL won a ₹4,700 crore transmission project in Maharashtra. This latest contract pushes the company’s total order book past ₹85,000 crore, building on July’s ₹80,000 crore milestone. The stock has now gained 56% over…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
Trump Proposes $103,265 H-1B Visa Fee, Up From $3,000 on August 25
Trump administration proposes $103,265 H-1B visa fee to recover immigration system costs and encourage hiring of American workers. Public comment period opens for 30 days.