Udit Kakar Newsletter

Archives
Log in
Subscribe
September 3, 2026

Morning Brief — 03 Sept 2026

MORNING BRIEF
Markets · Logistics · Technology · Startups · Three lines worth keeping
Thursday, 3 September 2026
 
Before the open
 
01 NIFTY 50 last closed at 23,914.45 (-0.59%).
02 Institutional flows: FII +6,688 Cr; DII +2,813 Cr.
03 Overnight US: S&P 500 (SPY) +0.44%; Nasdaq 100 (QQQ) +0.23%.
04 Macro moves: TQQQ +0.65%; BTC +0.65%.
Where things stand
 
India
Index Close Change
NIFTY 50 23,914.45 -0.59%
BankNIFTY 57,172.00 -0.41%
India VIX 11.34 -1.31%
Overnight
Index Close Change
S&P 500 (SPY) 765.16 +0.44%
Nasdaq 100 (QQQ) 709.24 +0.23%
S&P Futures 70.44 -0.09%
CRUDE (USO)
141.15
+0.11%
GOLD
4,401.89
+0.32%
USD/INR
94.36
-0.10%
TQQQ
$69.60
+0.65%
BTC
$77,361
+0.65%
ETH
$2,391
-0.20%
Best
Oil & Gas +0.33%Realty +0.21%
Worst
Auto -1.79%Media -1.75%
Worth reading
 
Markets
Happiest Minds shares fall for 5th day as merger concerns weigh
ITC Infotech will acquire 22.1% of HMT from promoters for ₹1,330 crore, below the 25% threshold to trigger an open offer, leaving minority shareholders with stock in the combined entity rather than cash.
Technology
Malaysia Set to Hold Rates as Investors Bet on Tightening Ahead
Malaysia’s central bank is expected to keep interest rates unchanged on Thursday, with subdued inflation giving policymakers little reason to tighten despite resilient economic growth.
Startups
The Builders Stage brings practical strategies for scaling startups to TechCrunch Disrupt 2026
The Builders Stage is returning to TechCrunch Disrupt 2026, bringing together founders, startup operators, and investors for practical conversations on what it takes to build and scale…
Logistics
North Carolina lumber company invests in on-site rail, part of $40M project
North Carolina Railroad Company will invest up to $600,000 in on-site rail infrastructure for Great Southern Wood-NC's $40 million lumber treatment facility to handle minimum 421 railcar shipments annually by 2030.
Also on the radar
 
Markets
India's banking system liquidity surplus hits over 4.5-year high at Rs 7.76 lakh crore
India's banking system liquidity surplus reached ₹7.76 lakh crore, a four-and-a-half year high, driven by record $127 billion in dedicated forex-inflow programs.
Three lines to think about
 
Practice Faith is a working assumption you commit to long enough to actually test.
Leverage Win through actions, not through argument. A conceded argument still leaves resentment.
Signal Prefer the source that publishes its methodology over the one that publishes its conclusion.
Download the PDF
Market data: NSE India, Twelve Data, Yahoo Finance and CoinGecko. Headlines from public RSS feeds; titles link to their original sources. Story blurbs are drafted by Claude from the linked articles — all figures above come from the data sources, not the model. Personal research note; not investment advice.
Udit Kakar · Morning Brief · Research, not investment advice
Don't miss what's next. Subscribe to Udit Kakar Newsletter:
← Newer Morning Brief — 04 Sept 2026 Older → Morning Brief — 02 Sept 2026
Powered by Buttondown, the easiest way to start and grow your newsletter.