Market Insights — 03 Sep 2026

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TopFund Research

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IPO Trends

Today, the IPO market is witnessing significant interest with several upcoming listings. Qualiance International and Pranav Constructions are generating buzz with GMPs of 43.31% and 21.77%, respectively, indicating strong investor sentiment. Meanwhile, the currently open IPOs include:

IPO NameGMP (%)Status
Rays of Belief19.67Open
Fly-Hi Maritime19.61Open
Deepa Jewellers15.82Open

Market Performance

In the secondary market, Kwick Forensic Solutions has seen a remarkable gain of 86.67%, while Lumino Industries follows with a solid 48.17% increase. These performances highlight the potential for strong returns in select stocks.

Gold and Silver Prices

Today, the gold price stands at ₹15,201 per 10 grams, experiencing a slight change of -1.0. Silver is priced at ₹208.61 per kg, reflecting the recent fluctuations in the market.

FII and DII Flows

Foreign Institutional Investors (FIIs) continue to show a positive trend with a net inflow of ₹6,688.37 crores, while Domestic Institutional Investors (DIIs) also contributed with a net investment of ₹2,812.98 crores. This indicates a bullish sentiment in the market.

Top Performing Mutual Funds

Investors looking at mutual funds may find the following options appealing based on their one-year returns:

Fund Name1-Year Return (%)Rating
Aditya Birla Sun Life Silver ETF FOF-Direct Growth111.3⭐⭐⭐⭐⭐
Aditya Birla Sun Life Silver ETF FOF-Direct IDCW111.3⭐⭐⭐⭐⭐
Kotak Silver ETF Fund of Fund - Regular Plan - Growth Option109.48⭐⭐⭐⭐⭐

Recent News Highlights

  • MSCI Index India rebalancing impact | Swiggy share price falls for second day in a row
  • Gold and silver prices jump 1% on MCX amid a decline in US dollar, bond yields; experts highlight key levels to watch
  • Stocks to buy for short term: 23,600 key support for Nifty 50, says Amol Athawale of Kotak Securities, suggests 3 stocks
  • Rupee jumps 67 paise to open at 94.30 against US dollar
  • Sensex, Nifty, Nikkei, KOSPI to US stocks: Global markets' equity heatmap before Indian stock market opens on Thursday

As always, please remember that the GMP figures are unofficial and indicative. This briefing does not constitute investment advice. For live updates and more detailed data, visit topfund.in.

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