Markets closed today, Govt approves Rs 12,328 cr railway projects, & more & more — Daily Digest
Tuesday, 26 August 2025
The Indian stock markets were closed today on account of Shri Ganesh Chaturthi.
Hence, there won't be any updates on the Nifty 50, Sensex, Top Gainers, and Top Losers sections today.
Global markets: US markets closed in green. Asian markets showed a mixed trend. Most European markets were flat (as of 6 pm IST).
News
The US President's 50% tariffs on Indian goods came into effect today (27 Aug). In response, India launched an export outreach campaign targeting 40 countries, including the UK, Japan, and South Korea, to boost textiles and cut reliance on the US market.
The government approved 4 railway projects totaling approximately Rs 12,328 crore. The projects will be located in Karnataka, Telangana, Bihar-Assam, and Gujarat.
India-Africa trade surpassed $100 billion in FY 2024-25, with India becoming one of the top 5 investors in the continent: Union Minister Kirti Vardhan Singh.
Stocks Updates
Muthoot Finance: raised $600 million via bonds with 6.375% interest rate, maturing in 2030.
Tata Steel: invested Rs 3,104 crore in its wholly owned subsidiary T Steel Holdings Pte Ltd by acquiring shares.
Bajaj Finserv: a company subsidiary, Bajaj Finserv Direct, incorporated a US-based step-down subsidiary, Bajaj Technology Services to provide tech services.
Power Grid: approved a Rs 209.38 crore investment for North-Eastern Region Expansion Scheme-XXIII, to be completed by Feb 2028.
JSW Steel: incorporated a joint venture with Andhra Pradesh Mineral Development Corp named ‘APJSW Pvt Ltd’ with a 89% shareholding of JSW Steel. It aims to set up a Rs 1,075 crore iron ore mining project in Andhra Pradesh with this joint venture.
Word of the Day
Free Cash Flow (FCF)
It is the money that a company has left after paying for daily operations and investments
A positive FCF indicates that the company is generating more cash than it needs to operate and grow, which is a healthy sign.
Companies can use this leftover cash to pay dividends to shareholders, reduce debt, buy back shares, or reinvest for future growth.
6 Day Course
Theme: why SIP works
Day 3: Wednesday
So, the idea behind averaging that happens in SIPs is this: the share price, and NAV keep moving up and down all the time.
When you invest using an SIP, sometimes you will buy at higher prices and sometimes at lower prices.
In the long run, your average buying price will never be too high.
This is one of the reasons why SIPs are believed to be lower-risk.
They remove the timing risk during investing.
This also means that you will never get the lowest price.
The most common frequency to do this is once a month.
There are options to do SIPs weekly, and even daily. But some studies show that it does not give any additional benefits. Monthly frequency works out fine.
Featured Question
“Is investing a fixed amount each month in the same asset the same as investing in an SIP? If yes, doesn't the first method give me more flexibility while giving the same output in the case of emergencies, etc?”
Technically speaking, it is the same thing.
SIP is automated and happens on its own.
The method described by you is manual and will require you to make the investment every month by yourself.
The end result is going to be the same in both cases.
That sounds simple but that difference leads to a lot of missed investments.
Many times, when people invest themselves, they try to time the investments and end up skipping or investing too late (because they were waiting for the correct price).
Many times, people end up spending their money instead of investing it.
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