Overview

• Uttar Pradesh’s Home Department ordered a suspension of SMS, mobile internet and broadband in Bareilly after clashes, disrupting trade, banking and healthcare as police filed multiple cases and the SSP said 55 arrests have been made so far.
• A viral image claimed to show a Bareilly victim was identified by The Quint as a 2023 photo from Uttarkashi, with no link to the current unrest.
• Gold and silver hit lifetime highs, with MCX December gold futures touching ₹1,17,561 per 10g and silver near ₹1,44,200 per kg, while equities opened strong then lost momentum as early gainers included Titan, Asian Paints, Cipla and TCS; AMFI data showed August inflows of ₹3,528 crore into multi-asset funds.
• Corporate updates drew retail focus as Fabtech Technologies’ ₹230.35 crore IPO opened with a ₹181–191 price band and its grey market premium easing to about ₹10 from ₹20, while Welcure Drugs reviewed a Telexcell LOI to buy up to 25% via secondary purchases and approved a stock split, bonus shares and a new research lab plan.
• Global sentiment faced a fresh test with U.S. government funding set to lapse at midnight, as Senate leaders cited unresolved differences and a 60‑vote hurdle for any deal.