Of the Rs 1,051 crore, 62 projects worth Rs 540 crore have been inaugurated. Another 167 projects just had their foundation stones laid. Read full report here

Falcon, the banking infrastructure company powering credit card, Credit Line on UPI, prepaid and UPI programmes for banks and NBFCs, today launched MerlinFX, a suite of seven AI agents designed to undertake banking operations within its processing core.

The agents handle reconciliation, disputes, risk monitoring, customer service, campaign management, premium-cardholder engagement and card inventory. They work on the bank's ledger and follow its rules, while actions that cannot be reversed require approval from a designated bank officer.

Delhi University colleges simply don't have enough hostel seats. Thousands of students arrive every year from outside Delhi, and pay for private PGs. Read full report here

Uber CEO Dara Khosrowshahi said teams collaborate and solve problems more effectively when working face-to-face rather than remotely. Read full report here

The Thesis
Brent near $98 on Houthi strikes against Saudi Aramco - Hormuz already at half capacity - is driving a clean defensive rotation. Three of the top four signals are hospital and pharma names; high-probability NBFC and insurance calls add domestic-demand exposure. Defense electronics gains independently as India's procurement cycle accelerates with geopolitical risk.

Where We're Concentrated
The portfolio concentrates in healthcare and pharma, consumer NBFC and life insurance, and defense electronics - all three structurally insulated from crude price pass-through. Mid/small breadth holding positive while large-caps fell confirms the domestic-economy trade absorbing FII selling. The thesis breaks if Aramco restores capacity swiftly and Brent retreats below $94 - that rotates capital back into private banks, currently the session's heaviest losers.

Conviction Picks
Highest Conviction
Apollo Hospitals Enterprise
Largest domestic hospital network; pricing power holds as capital rotates away from commodity-sensitive sectors.
Lupin
Rupee near 95.5 amplifies export earnings while the domestic branded generics portfolio stays insulated from the crude spike.
Shriram Finance
Consumer-vehicle NBFC; India's domestic lending engine is uncorrelated with crude prices or the Gulf supply chain.
Bharat Electronics
India's key defense-electronics supplier catches the procurement tailwind as geopolitical escalation accelerates defense budgets.
SBI Life Insurance
India life-insurance penetration story; household savings drive the franchise independent of crude or rate-cycle headwinds.
One Thing to Watch
Saudi Aramco damage report at Asia open Sustained disruption keeps the crude-insulated defensives - healthcare, insurance, NBFC - in the driving seat; a quick production restoration flips the narrative back toward rate-sensitive financials and large-cap banks.

I believe Anthropic is trying its best, but we do not yet have a plan to solve alignment for superintelligence, said company official Evan Hubinger. Read full report here

At OpenAI, Jacob Coxon says, the danger hasn't fully sunk in. At Anthropic, it has; but fear of losing the race outweighs fear of the outcome. Read full report here

Riya Sehgal, Research Analyst, Delta Exchange

Bitcoin is trading around $78,700 after another cautious 24 hours, with the latest weakness still looking more macro-driven than crypto-specific. Rising Middle East tensions have pushed oil toward $100, while elevated Treasury yields and renewed Fed hike expectations continue to pressure risk assets.
Despite the softer price action, there has not been a major capitulation. Roughly $246 million in crypto positions were liquidated over the past 24 hours, with longs taking the bigger hit, while recent Bitcoin ETF demand has remained supportive.
Technically, BTC remains below its 20 and 50 EMAs on the 4-hour chart, with RSI near 45 showing weak short-term momentum. The $77,500-$78,000 region remains the key support area, while BTC needs to reclaim $79,500-$80,000 to improve the structure and reopen the $82,000-$82,800 supply zone.
One important signal is coming from the options market. Bitcoin's volatility has climbed to around 40.2, rising more than 7%, which suggests traders are pricing in higher near-term volatility. With spot price still compressed, that increase in implied volatility points to expectations of a potentially larger move ahead.
Ethereum continues to show better relative strength around $2,490. ETH remains above all major 4-hour EMAs, with RSI near 54. Immediate support sits around $2,470-$2,480, while $2,500-$2,520 remains the key resistance zone. A sustained breakout above this region could bring $2,550 back into focus.
Overall, the short-term bias remains cautious, but the market is still consolidating rather than showing a confirmed structural breakdown. With PPI, CPI and the Fed decision approaching, rising volatility suggests traders are increasingly preparing for a volatility expansion around these macro catalysts.

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 extended its decline for a second consecutive session on Tuesday, falling 144 points, or 0.61%, to 23,635.10 - its lowest close since mid-June. Persistent concerns over elevated crude prices and escalating Middle East tensions continued to weigh on risk appetite. Global cues also remained cautious, with the Dow plunging 628 points overnight, while the S&P 500 and Nasdaq slipped 0.58% and 0.32%, respectively, as investors balanced geopolitical risks against upcoming US inflation data.

Asian markets are offering some respite this morning, with the Nikkei gaining around 0.7% and the Kospi trading modestly higher. However, Brent crude above $99 a barrel - a six-week high - remains a key concern for India, given its high dependence on crude imports. GIFT Nifty near 23,639 points to a mildly negative start.

Technically, the undertone remains fragile below 23,800. Immediate support is placed at 23,500-23,450, followed by 23,300, while 23,800-23,850 remains the first resistance zone. A decisive reclaim of 24,000 would provide meaningful relief and improve sentiment. For now, market direction will remain closely tied to crude oil prices and developments in the Middle East; any moderation on either front could trigger a stabilisation and a recovery in equities.

Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $78,530 on Wednesday morning, up about 0.9% over 24 hours, after moving between approximately $77,636 and $79,463. The market remains range-bound as investors wait for this week's US inflation data. Immediate support lies around $77,600-$78,000, followed by $77,300. Resistance is near $79,400-$80,000, while a sustained move beyond $81,000-$81,300 would improve the short-term structure.

The latest on-chain picture is finely balanced. Spot momentum has fallen 30% to 54.6, while spot trading volume remains around $5.3 billion. Selling pressure is easing, but it has not yet turned into strong conviction buying. Futures open interest has risen to $37.1 billion. Options open interest has increased to $40.1 billion. This shows that leverage is building even as directional conviction remains limited. Capital flows are healthier: around 69.3% of Bitcoin supply is in profit, while monthly realised-cap growth has accelerated to 0.8%.

Institutional demand remains supportive overall. US spot Bitcoin ETFs recorded $236.5 million in net outflows on September 1. This was followed by $101.1 million in net inflows on September 2. Inflows increased to $730.8 million on September 3 and $174.6 million on September 4. Overall, ETFs recorded approximately $770 million in net inflows between September 1 and 4.

Large-cap altcoins are modestly positive. Ethereum traded near $2,496, BNB around $754 ( 1.7%), XRP near $1.42 ( 1.8%), Solana around $103.4, and TRON near $0.339 ( 1.3%). The moves suggest selective risk-taking rather than a broad altcoin surge.

Macro remains the key risk. Markets price roughly a 60% probability of a September Fed hike. PPI is due September 10 and CPI on September 11, ahead of the September 15-16 Fed meeting. Brent crude near $99.5 adds to inflation concerns.

Our advice: Investors should avoid excessive leverage before inflation data. Staggered accumulation remains preferable. Immediate support lies around $77,600-$78,000. Resistance is near $79,400-$81,300.

"BTC briefly slipped below $78K as rising oil prices and Middle East tensions increased inflation concerns and weighed on broader markets. Attention now shifts to upcoming U.S. PPI and CPI data, which could shape the Fed's September rate decision. Markets currently price a 58-59% chance of a 25 bps rate hike, reflecting sticky inflation and a resilient labor market. Technically, $78K-$79K remains a key support zone. Cooler inflation could reduce rate-hike expectations and help BTC retest $82K."

Prateek Gupta, Head of Business, Mudrex

"Bitcoin is trading around $78,500 after briefly slipping to $77,600 as rising crude prices pressured broader risk assets. Despite the pullback, underlying market conditions remain relatively healthy, with 71% of Bitcoin's supply still in profit, a level that has historically coincided with transitions from bear to bull markets. Short-term whale profits have also declined only modestly, from a record $9.07 billion to $7.51 billion, suggesting selling pressure could increase if prices fall further. Bitcoin needs to defend $77,500 to limit downside, while reclaiming $80,000 would be key to sustaining the recovery."

Bank deposits come with a safety net. The DICGC insures your FD up to Rs 5 lakh per bank. Corporate bonds carry no such insurance. Read full report here

Nischal Shetty, founder, WazirX

"Global markets continue to demonstrate resilience despite a complex macro backdrop. Healthy consumption, strong corporate earnings and sustained AI-led investment remain key supports for growth as per Goldman Sach's September market report. The report remains constructive on equities, although elevated expectations and upcoming elections could bring bouts of volatility. Beyond traditional assets, alternatives such as infrastructure, data centers and power, stand to benefit from the structural AI investment cycle as per the same report. This indicates avenues for crypto to benefit from the alternative asset interest among retail investors.

In the last 24 hours, US markets ended lower, with the Dow down 1.18%, S&P 500 down 0.58% and Nasdaq down 0.32%. For crypto, this creates a near-term headwind. Higher oil prices are reviving inflation concerns, while markets are becoming more cautious about the Fed's next move. Bitcoin and other risk assets could remain volatile until we get more clarity from upcoming US inflation data.

Crypto is in a "greed, but with caution" phase right now. Total market cap is holding around $2.69T, while the Fear & Greed Index remains elevated at 73, showing that sentiment is still firmly risk-on. Bitcoin is around $78.8K, down 0.53%, while ETH is largely flat and XRP is outperforming with a 1.13% gain.

$228M in liquidations, with longs accounting for nearly $150M, suggest that leveraged traders are getting flushed as volatility picks up. At the same time, open interest is up 2.89% and derivatives volume has jumped 20.88%, meaning traders are still actively positioning rather than stepping away.

ETF flows are currently negative at $47.66M, adding some near-term pressure. Overall, the market isn't showing a broad risk-off shift yet but with US equities under pressure and macro uncertainty rising, the next move in crypto could be driven by how much leverage the market is carrying."

At the close on Tuesday, the total market cap of all BSE Sensex companies stood at Rs 4,86,21,248.