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Business

Stocks like Power Grid, Axis Bank, NTPC, and Bajaj Finserv led the gains, while Tech Mahindra, Tata Motors, and SBI were the top losers.

Indian equity markets displayed a flat trend on Wednesday, responding to mixed signals from global markets.

Moody's Analytics also revised India's inflation forecast down to 4.7% from 5%. The country's inflation rate stayed below 4% in July and August. For 2025 and 2026, the inflation forecasts remain unchanged at 4.5% and 4.1%, respectively.

Jensen Huang, after meeting PM Modi, called him an incredible student of technology. He expressed eagerness to partner with India, noting Nvidia’s collaboration with start-ups and IITs to seize AI’s transformative potential

Top Sensex gainers included Tata Steel, Power Grid, Tech Mahindra, and HCL Tech. Major losers were HUL, UltraTech Cement, IndusInd Bank, and Kotak Mahindra Bank

S&P Global Ratings has affirmed India's GDP growth forecast at 6.8% for the fiscal year 2024-25, while simultaneously reducing China's economic growth outlook by 0.2 percentage points to 4.6% for the calendar year 2024.

Companies such as Uber, Ola, Swiggy, and Zomato are creating significant opportunities, reflecting a labor market shift accelerated by the pandemic.

Adani Green Energy Limited the country’s largest private transmission and distribution firm announced their membership in Utilities for Net Zero Alliance (UNEZA).

Indian equity benchmarks soared to record levels buoyed by encouraging trends from both Asian and U.S. markets.

The company's shares saw a significant rise on both the BSE and NSE. On the BSE, the stock jumped 6.02%, while on the NSE, it closed 5.19% higher at Rs 829.70