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JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?
JBM Auto shares surged 10% to touch an intraday high of ₹685 on Friday, August 21, 2026. Reports suggested Bain Capital is exploring a $300 million minority stake in JBM Auto’s electric vehicle business. The stock has now climbed 16% over the past six months and 5% since the start of 2026. Heavy trading volume,…
NVDA in Focus as Nvidia Reportedly Eyes Investment in Perplexity at $30 Billion+ Valuation
Nvidia is reportedly in talks to invest in AI search startup Perplexity in a funding round that could value the company above $30 billion, according to a report published August 24, 2026. Perplexity’s annualised revenue has climbed past $750 million, up from less than $250 million earlier this year. The timing also puts NVDA stock…
Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026
Puravankara shares jumped nearly 5% to ₹227.34 on Friday, August 21, 2026, against a previous close of ₹216.50. The rally followed news that the subsidiary Starworth Infrastructure secured a ₹175 crore order in Chennai. Despite this gain, Puravankara shares remain down 9% year-to-date and 23% year-on-year. Details of Puravankara’s New Chennai Order Ritz-Carlton Project Drives…
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…
MCX, NBCC India, Paras Defence, P&G Health Set for Ex-Dividend Trading This Week
MCX leads this week’s latest ex-dividend stocks, joined by NBCC India, Paras Defence, and P&G Health. Multi Commodity Exchange of India has fixed August 28, 2026, as the record date for a ₹8 final dividend. NBCC India, Paras Defence, and Procter & Gamble Health have record dates scheduled for August 27–28. Investors must hold shares…
Sean Grayson, Sonya Massey’s Killer, Dies in Prison on August 23
Former Sangamon County deputy Sean Grayson, 32, convicted of second-degree murder in the fatal shooting of Sonya Massey, has died in prison while battling stage 4 cancer.
Massive Storm System Drenches Australia; Flooding Hits Victoria, NSW on August 24
A major low-pressure system is bringing heavy rain and storms across southeast Australia through Tuesday. Victoria and NSW face flooding risks as catchments remain saturated from recent rainfall.
Federal Judge Voids Trump’s 75-Country Visa Ban on August 23
Federal Judge Jeannette Vargas ruled the Trump administration’s ban on immigrant visas for 75 countries violated the Immigration and Nationality Act of 1952 by discriminating on nationality.
Litecoin Jumps 9.8% to $52.50 as RSI Hits Extreme Overbought 74.7
LTCUSD rallied 9.8% to $52.50 in 24 hours on heavy volume, pushing RSI to 74.7 and signaling overbought conditions.