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Welspun Investments and Commercials and CEO-MD Vipul Mathur sold a 2.4% stake in Welspun Corp, with three Capital Group entities picking up most of the shares.

The closing auction session (CAS) further weighed on the index, with the Nifty losing nearly 70 points during Wednesday’s session.

Alpha Wave India I LP is looking to sell a 7.8% stake in Aye Finance at a floor price of ₹167 per share, a discount of up to 5.5% to the prevailing market price.

US stocks opened lower on Wednesday after July PCE inflation came in above expectations, while investors awaited Nvidia’s earnings report for clues on AI demand and the market outlook.

Jio Financial is moving from building its businesses to scaling them, combining Jio’s reach and technology with global expertise across lending, investments and insurance.

From GK Energy receiving a Letter of Empanelment for a contact worth ₹455 crore to Bharat Electronics securing additional orders worth ₹730 crore, here are the stocks to watch ahead of Thursday’s trading session.

The DGGI has alleged non-payment of GST on variable management fees by Max Healthcare subsidiary Alps Hospital, with the tax demand and proposed penalties totalling about ₹165.7 crore, excluding interest.

The rupee pared initial losses and settled for the day higher by 26 paise at 95.44 against the US dollar on Tuesday, driven by positive domestic markets, a weaker greenback, and a fall in crude oil prices.

India’s block and bulk deal market is closing in on ₹4 lakh crore this year despite a 7% decline in the Nifty 50. Strong domestic institutional liquidity is helping promoters and private equity investors find buyers for large stakes.

The GST notice covers four financial years and relates mainly to alleged short payment of tax on services in Uttarakhand and turnover differences. Mahindra Holidays says it does not expect a material financial impact.