The US dollar remained stable as investors awaited key inflation data. These reports will influence the Federal Reserve s interest rate decisions. A rate cut is expected at the upcoming policy meeting. The size of the cut depends on the impact of tariffs on prices. Globally, investors are monitoring political developments in Japan, France and Indonesia.

Gold prices remained steady on Wednesday. Investors are waiting for important inflation reports later this week. Expectations of a U.S. interest rate cut this month helped keep gold above $3,600 per ounce. The dollar index rose, making gold more expensive for other currency holders. Focus is now on U.S.

Urban Company garnered Rs 854 crore from anchor investors before its IPO. The IPO opens for subscription from September 10-12, with a price band of Rs 98-103 per share. The company aims to raise Rs 472 crore through fresh shares. Existing investors will sell stakes worth Rs 1,428 crore. Funds will be used for technology, infrastructure, and marketing.

Japanese government bonds faced a dip on Wednesday. This happened before the sale of securities. The five-year yield increased. The ten-year yield also saw a rise. The Ministry of Finance plans to sell five-year JGBs. These events unfolded after Shigeru Ishiba s resignation. Sanae Takaichi is a contender for leadership. She supports the Abenomics policies.

Brigade Enterprises plans a luxury housing project in Bengaluru. The project aims for a revenue of Rs 2,500 crore. It is a joint development on 10.75 acres in East Bengaluru. The project will have 2.5 million square feet of saleable area. Brigade focuses on high-quality developments in premium locations. The company has projects across multiple cities in South India.

Urban Company s Rs 1,900 crore IPO opens today, priced at Rs 98–103 per share, featuring a fresh issue and offer-for-sale. GMP indicates a 35% premium, reflecting strong demand. Founded in 2014, the company connects customers with service professionals and reported Rs 1,144.5 crore revenue in FY25, turning profitable.

Shringar House of Mangalsutra launches its Rs 401-crore IPO, priced at Rs 155-165 per share, aiming for NSE and BSE listing on September 17. The IPO comprises a fresh issue of 2.43 crore equity shares.

Jay Ambe Supermarkets is launching its Rs 18.45-crore IPO, aiming to raise funds for expansion and working capital. The IPO, priced at Rs 74–78 per share, will open on September 9 and close on September 12, with a listing on the BSE SME platform scheduled for September 17.

Apple unveiled its iPhone 17 lineup at the “Awe-dropping event,” introducing the slimmer iPhone Air with an A19 Pro chip and in-house modems. Despite a $1 billion tariff hit, Apple kept prices unchanged, raising concerns over margins as shares fell 1.5%.

Vedanta has won the bid for Jaiprakash Associates. The deal worth Rupees 12,505 crore may face hurdles. Legal battles over asset ownership are a concern. Disputes with Yamuna Expressway Authority are ongoing. There are issues with pledged shares in Bhilai Jaypee Cement. Promoter Manoj Gaur s guarantees add complexity. The resolution process could face court challenges.