HUDCO Signs MoU With Bihar Govt, INOXWIND Bags ₹755 Cr IOCL Order & More
- Share.Market
- 11 min read
- 03 Sep 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Indian benchmark indices Nifty 50 and Sensex reversed their early gains to close lower for the fourth consecutive trading session on Thursday, September 03, as investors remained cautious amid geopolitical tensions. Sectorally, the market sentiment was mixed, with Nifty Realty emerging as the top leader, and Nifty IT ending as the top loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
KSHINTLKSH International received the renewal of its factory license for Unit 3 in Pune, Maharashtra. Granted by the Directorate of Industrial Safety and Health, the license allows the continued manufacturing of round enamelled copper and aluminium winding wires. The renewed regulatory approval ensures uninterrupted business operations and is valid until December 31, 2030.
KIRLOSENGKirloskar Oil Engines announced a strategic cooperation with German engine manufacturer DEUTZ to develop a 1.6-litre engine platform. This partnership expands Kirloskar’s reach into European and North American markets for the under-2-litre segment. The new emission-compliant engines, delivering 18 to 41.2 kW, will cater to construction, material handling, and industrial machinery, combining Kirloskar’s manufacturing scale with DEUTZ’s global network.
INOXWINDInox Wind secured a 100 MW turnkey order from Indian Oil Corporation Limited valued at approximately ₹755 crore. The end-to-end execution contract includes the supply of wind turbine generators, engineering, procurement, and construction (EPC), alongside post-commissioning operations and maintenance services for ten years. This repeat order reinforces Inox Wind’s strong position as an integrated wind energy solutions provider.
SHADOWFAXShadowfax Technologies launched its Channel Partner Program to expand its Shadowfax 360 platform beyond self-serve digital models. Targeting 1,000 partners across Tier 2 cities over three years, the initiative provides local entrepreneurs a platform to assist SMEs with onboarding, order management, and credit access. This follows a strong Q1 FY27, where Shadowfax delivered 24.7 crore orders and recorded a 65% revenue growth.
HUDCOHUDCO entered into a Memorandum of Understanding with the Government of Bihar to finance the development of industrial parks. HUDCO will provide term loans up to ₹25,000 crore over five years for land acquisition and infrastructure development. The flexible funding includes a repayment schedule of up to 25 years, with loan repayments secured by ringfencing project revenues or state budget receivables.
LTFL&T Finance successfully allotted 50,000 secured, redeemable, non-convertible debentures on a private placement basis, raising ₹500 crore. The debentures, which will be listed on the National Stock Exchange, carry an annual coupon rate of 7.8384%. Set to mature on September 28, 2029, the issuance is secured by an exclusive first-ranking charge over the company’s identified fixed deposits and standard receivables.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty RealtyNIFTY REALTY | +2.58%+23.00 | 916.15 |
 Nifty MediaNIFTY MEDIA | +1.74%+26.65 | 1560.75 |
 Nifty Private BankNIFTY PVT BANK | +0.51%+141.05 | 27747.85 |
Top Losers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty AutoNIFTY AUTO | -0.52%-144.55 | 27837.40 |
 Nifty FMCGNIFTY FMCG | -0.62%-284.90 | 45955.65 |
 Nifty ITNIFTY IT | -0.85%-264.05 | 30838.85 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
Top Gainers
Top Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 02 Sep 2026 | 6,688.37 | 2,812.98 |
| 01 Sep 2026 | 1,143.38 | 1,846.94 |
| Month-to-Date | 7,831.75 | 4,659.92 |
What’s Happening Beyond Markets?
- According to the IFSCA, GIFT City has emerged as a robust international banking hub. Between April and August 2026, it mobilised over $52.8 billion under the RBI’s FCNR(B) swap facility, disbursed $11.62 billion in ECBs, and saw $11.12 billion in bank bond listings.
- The India Services Purchasing Managers’ Index (PMI) increased to 54.1 in August, from 53.3 in July. This upward momentum in the services sector was primarily driven by positive expansions in both business output and overall employment hiring during the month.
- As per a joint statement, Belgian Prime Minister Bart De Wever’s India visit focused on deepening bilateral ties. Both nations aim to double trade within five years, expedite the India-EU Free Trade Agreement, and launch the India-Belgium Investment Fast-Track Mechanism.
- According to the Ministry of Power, India and Germany strengthened their energy cooperation during a bilateral meeting in New Delhi. Ministers Manohar Lal and Carsten Schneider discussed advancing energy security, low-carbon development, and carbon markets, marking 75 years of diplomatic relations.
- According to the Japan Credit Rating Agency, India’s long-term issuer ratings have been upgraded from ‘BBB+’ to ‘A-’ with a stable outlook. This upgrade reflects India’s robust 7.8% real GDP growth in Q1 FY27, improving fiscal quality, and a significantly strengthened financial system.
IPO Corner: Mainboard
Listing Update
| Company | Issue Price | Listing Price | Premium |
| Lumino Industries Ltd. | ₹82.00 | ₹110.00 | 34.15% |
MACD Crossover is Not a Buying Signal
Back to Basics
Terms that put you one step ahead – every day
What is the Difference Between Bonds and Debentures?
Both are essentially loans you make to an entity in exchange for regular interest, but the key differences lie in who issues them and what backs them. In India, bonds are typically issued by the central or state governments, municipalities, or large public sector companies. Government bonds (G-Secs) don’t require physical collateral because they are backed by something even stronger: a sovereign guarantee. They are considered the safest debt instruments in the market.
Debentures, on the other hand, are issued by private corporations (like Non-Convertible Debentures NCDs, frequently listed on the NSE and BSE). Indian companies must back public NCDs with a strict charge on their physical assets. If the company goes bankrupt, secured debenture holders don’t just wait in line; they have a legal right to liquidate those specific assets to recover their money. For everyday investors, the distinction dictates your risk and reward: bonds offer maximum safety but typically lower yields, while secured corporate debentures carry slightly more credit risk but compensate you with higher interest rates.
Learn more: https://www.share.market/buzz/learn/debenture-vs-bond/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
