Today’s stock market news brings major developments across banking, infrastructure, corporate earnings, alternative investments and consumer credit. From RBI window flows reaching $72.8 billion and L&T securing ₹1.40 trillion in order inflows to India’s growing alternative investment market and fresh investments in the EV ecosystem, Jarvis Invest brings you the key developments shaping Indian markets and the economy today.
Stock Market News: RBI Window Flows Reach $72.8 Billion as FCNR(B) Deadline Approaches
The decision by the RBI to close the FCNR(B) window on 31-Aug has led to a sharp deluge of flows in the latest week. As of 21-Aug, total flows through the RBI window stood at $72.8 billion. This included $65.39 billion from FCNR(B) deposits, $4.86 billion from OFCBs, and $2.59 billion from ECBs. The RBI seems to be on target for raising around $80-$85 billion from the scheme, although it will depend on the flows in the last few days to 31-Aug. While RBI will cover the full forex risk in FCNR(B) deposits, risk coverage will be partial in case of OFCBs and ECBs.
Stock Market News: Sir Ratan Tata Trust Trustees Face Fresh Complaint as Dividend Impasse Continues
The trustees of Sir Ratan Tata Trusts (SRTT) face a fresh complaint on their fiduciary duties to limit losses. It may be recollected that the Tata Sons AGM had to be postponed since the SRTT had been barred from holding meetings, due to which they could not nominate a representative for the Tata Sons AGM. Due to the lack of quorum, the AGM had to be postponed. Tata Trusts receive ₹2,900 crore as dividend share from Tata Sons each year and even assuming a 7% yield, it is resulting in a loss of ₹3.90 crore per week. The impasse has delayed the receipt of dividend.
L&T Secures ₹1.40 Trillion in Order Inflows Across Middle East, Dubai Airport and NVIDIA Deals
While overflowing order books of L&T is a known fact, it has received order inflows of ₹1.40 trillion from the Middle East Offshore, Dubai Airport, and NVIDIA factory deals. Pipeline includes orders from infrastructure, energy, offshore, data centres, and transportation. The Dubai airport order will be executed jointly with Mitsubishi Heavy Industries. It has also got orders from mega offshore projects in the Middle East as rebuilding begins. One of its largest domestic orders is the ₹15,000 crore deal with NVIDIA to build India’s largest single-cluster AI infrastructure facility.
Stock Market News: Five Large-Cap Companies Report Over 100% Growth in Q1FY27 Net Profits
Even as the Q1FY27 results have come to a close, there are 5 large cap companies that have reported more than 100% growth in net profits. These include JSW Steel, Eternal, Hindustan Zinc, Hitachi Energy India, and BHEL. All these companies have a market cap in excess of ₹1 trillion. JSW Steel gained from higher steel prices and robust operating performance. Eternal was more on a low base, but HZL gained from higher silver prices and cost controls. In the case of Hitachi Energy and BHEL, the profit growth came from robust order flows and profitable execution.
India’s Alternative Investment Market Could Grow Fivefold to $2 Trillion by 2034
According to a recent report by Julius Baer-EY, India’s alternative investment market is likely to scale 5-fold to $2 trillion by 2034. This demand will be driven by HNIs and UHNIs looking for assets beyond equities & debt, and with varying asset correlations. Currently, alternative assets stand at $400 billion, of which 40% is held through SEBI-registered AIFs. The remaining assets are spread across offshore vehicles, family offices, and unlisted structures. Family offices, especially, are now allocating up to 45% of their corpus to alternates. UHNIs are set to grow 30% by 2031.
Stock Market News: PNGRB Clears ₹7,000 Crore LPG Pipeline Expansion Across Six States
The Indian oil regulator, PNGRB, cleared ₹7,000 crore of LPG pipeline expansion across 6 states. This includes nearly 1,800 KM of new LPG pipelines. The idea is to reduce reliance on road transport to distribute LPG. The capacity expansion will be almost 25%, reducing costs substantially. The LPG expansion will be across the states of Telangana, Maharashtra, Uttar Pradesh, Uttarakhand, Karnataka and Goa. The project will be developed by GAIL India. India relies heavily on imported LPG and then there is the task of transporting LPG inland. Pipelines are more efficient.
Bain Capital Likely to Invest ₹2,850 Crore in JBM Auto’s EV Business
Private equity firm, Bain Capital, is likely to infuse around ₹2,850 crore into the EV unit of JBM Auto. It will result in a significant minority stake. The exact size of the deal and the structure is still under discussion. Increasingly, financial players are backing energy transition opportunities in India due to its huge potential. The EV business of JBM Auto has one of the largest electric bus making unit outside of China, with 79% market share. It has a capacity to manufacture 20,000 buses per annum and order book position stands at 9,000 E-buses deliverable over next 30 months.
Stock Market News: Rising Consumer Loan Indebtedness Puts Gen-Z Borrowing in Focus
The recent death of a family over an iPhone EMI dispute has highlighted the rising indebtedness of Gen-Z users via consumer loans. India’s debt/GDP ratio stands at 45.5%, up from the 5-year CAGR of 38.3%. As of 2025, the consumer loans account for 58% of Indian household debt. While debt onboarding used to happen in the past through home loans and car loans, today they happen through personal loans and credit cards. Delinquencies on consumer loans are as high as 6.4%, with most of them coming from fintech companies, and not from traditional NBFCs or banks.
Conclusion
From strong FCNR(B) flows and developments around Tata Trusts to L&T’s order inflows, large-cap earnings growth, LPG pipeline expansion and Bain Capital’s potential EV investment, today’s stock market news highlights important shifts across sectors. Stay informed with Jarvis Invest as we track the developments influencing businesses, investors and the Indian economy.
