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Lightspeed India to realise about $500 million by year end as Indias exit landscape broadens
Lightspeed India expects about $500 million in cash returns by year-end as private secondaries, M&As, block deals and IPOs broaden exit options for venture investors.
The views/recommendations mentioned in the articles, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Here are the independent disclaimers by the respective analysts/brokerage firms.
VW weighs selling motorcycle maker Ducati in review of holdings
Ducati is among 600 out of Volkswagens 2,000 businesses being reviewed, Audi Chief Executive Officer Gernot Dllner says
STL targets 20,000 crore revenue by FY29 under 'Lakshya' growth plan
Broadband technology company Sterlite Technologies has said it aims to grow the company's revenue manifold to Rs 20,000 crore by FY29. Sterlite Technologies Ltd (STL) posted consolidated revenue from operations of Rs 4,745 crore in the financial year 2025-26, according to a regulatory filing. Today, we are very proud to announce Lakshya, STL's growth ambition for FY29. Under Lakshya, we're targeting Rs 20,000 crore revenue by FY29, while building STL into one of the largest global players for digital connectivity, STL Managing Director Ankit Agarwal said in an investor meet held on September 3. According to the transcript of the meeting shared by the company, Agarwal said that the ambition of project Lakshya is to transform the scale and position of STL, build on the strength of the company's core, stronger economics, deeper customer relationships, and a larger role in the world's rapidly expanding digital infrastructure. He said that there are now more places where optical ...
Wockhardt Ltd up for five straight sessions
Wockhardt Ltd is quoting at Rs 2214, up 0.27% on the day as on 12:44 IST on the NSE. The stock is up 48.22% in last one year as compared to a 4.86% gain in NIFTY and a 21.83% gain in the Nifty Pharma.
Vadodara to Mumbai in 90 mins: Vaishnaw addresses youth in Vadodara; hails bullet train progress
A recent study in Fresno demonstrated that reflective roofs could lower cooling energy consumption by an impressive twenty-six percent. Homeowners experienced a peak cooling demand decrease of thirty-seven percent, resulting in significant savings. The reflective material absorbs much less sunlight compared to traditional dark shingles, and the study also revealed minor benefits for winter heating. Effective installation with proper airflow is essential for achieving these energy-saving results.
Prime Minister Narendra Modi has officially inaugurated a series of development projects in Vadodara, surpassing Rs 35,000 crore in value. He highlighted key sections of the Western Dedicated Freight Corridor, signifying an important achievement for the nation. The announcement also included various railway and highway enhancements, aimed at bolstering national infrastructure and expediting India's transformation into a fully developed country.
Centre's 37,500 crore coal gasification scheme draws 7 first-round applications
NTPC has proposed a synthetic natural gas project, Shyam Sel & Power has applied for a syngas project and Talcher Fertilisers for a urea project
An NRI's parents faced reduced US stay despite a five-month return ticket. Immigration officers questioned their extended visit and job status in India. They were issued an I-94 allowing only two months of legal stay. Social media users advised that overstaying could lead to future entry issues. The parents must depart the US by the specified date.
Fredun forays into pet wellness with acquisition of Furlicks
Fredun Pharmaceuticals (FPL) has acquired Furlicks, an innovative pet-wellness brand focused on convenient, easy-to-administer oral-strip solutions for pets. The acquisition of Furlicks from USV & Wellbeing Nutrition brings the brand's differentiated product innovation and consumer understanding into the FPL Group.
Vishnu Chemicals enters JV agreement with DCX Chrome SAS, France
To establish greenfield manufacturing unit in Visakhapatnam (Vizag), Andhra Pradesh
Indices trade sharply lower; oil & gas shares decline for 2nd day
Oil & gas shares tumbled for the second consecutive trading session.
The ministry of road transport and highways is separating bridge monitoring from highway contracts and handing it to specialized agencies in an attempt to create an independent monitoring system for Indias expanding bridge network.
PVR Inoxs Rs 300-crore buyback opens on Sept 10: Check buyback price, key dates, entitlement ratio
PVR Inoxs Rs 300-crore share buyback opens September 10 and closes September 17, offering eligible shareholders Rs 1,450 per share, over 25% above the market price. The company plans to repurchase nearly 21 lakh shares. Eligibility depends on the September 4 record date, with separate entitlement ratios for small and general shareholders.
Mahindra eyes over 50% share in small pickups in FY27, bets on Veero
Mahindra & Mahindra is targeting more than 50 per cent market share in the small pickup segment in the current fiscal year, with the expanded Veero range expected to help the automaker gain further momentum, a senior company executive said on Tuesday. The company, which currently commands a 46 per cent share in the small pickup segment year-to-date through July, expects the addition of the 1.1-tonne CNG Veero to help it cross the 50 per cent mark in FY27. Its market share in the segment stood at 49.1 per cent in FY26, Velusamy R, President, Automotive Business, Mahindra & Mahindra, told PTI in an interview. In the small pickup segment in FY26, we were at 49.1 per cent, while in FY27 we are at 46 per cent. In the short term, Veero is expected to help Mahindra gain momentum and cross 50 per cent market share in FY27 once we launch this 1.1-tonne CNG, Veluswamy shared. Mahindra on Tuesday expanded the Veero range with the launch of the 1.1-tonne XXL CNG variant and upgraded its
Copper prices have soared to unprecedented levels, creating ripple effects on manufacturing expenses worldwide. UltraTech's Ultravolt is making bold strides into the Indian wires and cables sector, creating a competitive landscape for established manufacturers in fiscal year 2027. As a response to escalating input costs, companies are enacting price hikes, raising investor apprehensions about increased competition and dwindling profit margins.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank and Kotak Mahindra Bank stand to benefit from higher inflows, IDFC First Bank offers the strongest earnings upside. Investors may see margin pressure initially before stronger liquidity, loan growth and lower funding costs support earnings.
Why Bollywood is betting big on Indias independent music boom
Yash Raj Films Raah Records is giving independent music a boost, as industry experts see greater monetization opportunities and expect indie tracks to gain a bigger share of music labels catalogues.
SC directs Assam not to appoint teachers in schools, colleges under provincialisation scheme
In a significant ruling, the Supreme Court has instructed Assam to halt teacher appointments under the provincialisation scheme due to concerns raised about the recruitment process's integrity. Petitioners argue it allows the entry of unqualified individuals into government service. The court has sent notices to the Centre and state officials for further review, insisting that all future appointments adhere to a merit-based competitive framework to ensure constitutional alignment.
Monkeys turn residents in Noida society into cages, authorities debate jurisdiction
Residents of Gulshan Botania in Noidas Sector 144 say rhesus macaques have repeatedly entered homes, damaged belongings and raided kitchens, forcing them to keep windows and balcony doors secured. Despite repeated complaints to multiple authorities and attempts to hire private monkey catchers, residents say the problem persists. Uncertainty over which authority is responsible has further complicated efforts to find a lasting solution.
TCS wins 122.6 cr bid to build AI-enabled governance platform for Odisha
TCS wins a 122.6-crore bid to implement OSWAS 3.0, the next phase of Odisha's digital governance platform, extending its partnership with the state government
From Evidence to Impact: BMJ Research Forum South Asia 2026 Calls for Research That Changes Lives
New Delhi [India], September 8: India's opportunity in health research is no longer simply about generating more evidence. The greater challenge and opportunity is ensuring that evidence translates into better patient outcomes, stronger health systems and policies that respond to the needs of communities.
Ganga swells in Bihar: Over 27 lakh affected by floods in 13 districts, CM inspects relief camps
UltraTech challenged the Competition Commission of Indias decision before the high court, arguing that Builders Association of India should not have been made a party because it was only an informant.
Congress MP and Leader of Opposition in the Lok Sabha Rahul Gandhi on Tuesday sought a swift investigation into the killing of 54-year-old Manipuri musician and music teacher Chongtham Vikram Singh, who allegedly died after being assaulted by a group of men in Delhi's Kilokari village following a dispute over noise outside his residence.
BSE SME Fly-Hi Maritime Travels faces turbulence on debut
Fly-Hi Maritime Travels traded at Rs 77.55 on the BSE, a 23.97% discount to the issue price of Rs 102.
Organic Recycling Systems surges after securing contracts for CBG plants from BPCL
Organic Recycling Systems jumped 4.11% to Rs 176.05 after the company announced that it has secured two landmark EPCOM contracts from Bharat Petroleum Corporation (BPCL), aggregating Rs 167.30 crore.
GE Vernova rallies after securing HDVC contract from Power Grid Corp
GE Vernova T&D soared 8.50% to Rs 4,734 after the firm received a contract from Power Grid Corporation of India to establish an High Voltage Direct Current (HVDC) LCC terminal station for evacuating renewable energy.
Torrent Green Energy commissions 322 MWp solar power projects in Nashik
Torrent Green Energy, a Torrent Group company and wholly owned subsidiary of Torrent Power, has successfully commissioned 322 MWp of ground-mounted decentralized solar power projects across Nashik district, Maharashtra, under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 - a scheme launched for implementation of feeder level solarisation under Component-C of PM-KUSUM scheme.
Resilience is the ability to handle stress through learned skills, rather than something you're born with. It's a multifaceted capacity shaped by your environment and daily practices. Building strong relationships and managing emotions effectively are essential to this process. By consistently engaging in healthy habits and surrounding yourself with supportive influences, you can cultivate a deeper sense of resilience.
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India womens hockey team eyes Asian Games gold, LA 2028 Olympic berth after historic World Cup
The Indian women's hockey team is heading to the Asian Games with high hopes. Their primary objective is securing gold and an Olympic Games berth. This follows a strong fifth-place finish at the recent World Cup tournament. The squad combines experienced players with emerging young talent for this challenge. They will compete in Pool B, beginning their campaign on September 20.
HFCL, Sterlite Tech shares jump 5%: Whats driving up to 705% multibagger run?
HFCL and Sterlite Technologies hit their upper circuits on Tuesday, extending their sharp 2026 rallies on strong business updates. HFCL has surged over 267% so far this year, while Sterlite Tech has delivered a staggering 705% return, making both standout multibaggers.
Engaging in solitary play is a natural and valuable aspect of childhood growth. Psychology identifies a distinction between kids who savor their alone time and those who tend to evade social settings. Research suggests this preference for solo activities isn't inherently problematic. It's crucial for parents to monitor for signs of unexpected withdrawal or discomfort, focusing on the motivations behind solitary play rather than the action itself.
SBI loses original papers for property loan; court orders bank to pay Rs 5,000 per day penalty
The Bombay High Court ordered State Bank of India to pay daily compensation. This order came after the bank admitted losing original property documents deposited over two decades ago. The court rejected the bank's argument about the borrower's delay in requesting their return. Compensation will be paid daily until the bank reconstructs the missing title records. This ruling emphasizes a bank's responsibility for preserving and returning borrower property documents.
Satya Niketan building collapse: Death Toll rises to 7, drone visuals from the spot
How to choose a safe, regulated forex broker in India
When choosing an Indian forex broker, it's essential to evaluate their regulatory compliance and account protection measures thoroughly. Analyze trading costs such as spreads, commissions, and swap fees. Opt for a trading platform that provides real-time pricing along with effective risk management features. Don't forget to scrutinize withdrawal policies and any potential fees from third parties, along with understanding partner programs' eligibility and payout details.
A recent building collapse in South Delhi claimed seven student lives. The Supreme Court amicus curiae urged expanded inspections of student housing. This incident follows a similar collapse in Satya Niketan in April 2022. Concerns exist regarding inspection effectiveness and building bye-law enforcement.
Ganesh Chaturthi 2026: Confused between September 13 and 14? Know the right date
Ganesh Chaturthi 2026 will be celebrated on Monday, September 14, although the Chaturthi tithi begins on the night of September 13. The festival date is determined by the presence of the tithi on September 14. Here is everything to know about the correct date, why the confusion arises, puja muhurat, festival duration and visarjan dates.
Toyotas India cash engine fires up as dividend jumps
The surge shows how Toyotas India business has become a significant cash generator for its Japanese parent, even as the automaker steps up investments in the country.
How to make drumstick sambar: 5 easy steps for healthy South Indian recipe
Drumstick sambar is one of South India's most nutritious everyday dishes. Simple to make, loaded with plant-based protein from dal, antioxidants from tamarind, and powerful nutrients from drumstick, it is a wholesome meal that works for any occasion. These five steps will get it right every time.
Biocon shares rise 2% on 10-year Pertuzumab supply deal for breast cancer therapy in Brazil
Biocon shares rose after the company secured a 10-year Pertuzumab supply contract in Brazil. The consortium with Bahiafarma and Bionovis received full allocation under the countrys PDP programme, providing access to around 70% of public-sector demand.
Suzlon secures 200 MW wind energy order from Ayana Renewable Power
Suzlon on Tuesday said it has secured a 200 MW wind energy order from Ayana Renewable Power Ltd, marking the company's third devco-led wind order across two states -- Madhya Pradesh and Andhra Pradesh. A devco-led order is an integrated development model, where a renewable energy supplier provides end-to-end project execution from early-stage site development to complete construction. As part of the project, Suzlon will install 64 of its flagship S144 wind turbines, each with a rated capacity of 3.15 MW, a company statement said. With this order, Suzlon's flagship 3.x MW platform, S144, has also crossed the 10 GW milestone, it added. With 55 GW+ wind potential at 150 metres, Madhya Pradesh is well positioned to be one of the key states which will drive the next phase of India's wind energy growth. We have won two consecutive wind orders from the state reflecting this growing momentum and the opportunity ahead, Girish Tanti, Vice Chairman and Co-Founder, Suzlon Group, said. The .
Suzlon bags 200 MW wind energy order from Ayana Renewable Power
As part of the project, Suzlon will install 64 of its flagship S144 wind turbines, each with a rated capacity of 3.15 MW
Mauritius SBM Bank India mobilises $100 million through FCNR window
The mobilization drive allowed SBM Bank India to reach prospective customers in markets such as Africa and the UAE who had not previously banked with the lender.
Strong Baleno demand prompts Maruti Suzuki to step up production capacity
The automaker expects demand to remain strong during the upcoming festive season
Ashish Kacholia's portfolio: How ace investor's top 5 stock holdings performed in one month?
Renowned investor Ashish Kacholia's latest stock portfolio exhibits a dynamic landscape, showcasing a mix of fortunes. Shaily Engineering Plastics and Man Industries reported impressive monthly gains, while Knowledge Marine & Engineering and Aeroflex Industries also stood out with strong returns. Conversely, Beta Drugs faced a marked decline in share value this past month, highlighting the varied strategies and movements in Kacholia's investment approach.
Polycab India to go all out to defend market share as Birla enters wires and cables
Aditya Birlas UltraVolt has entered Indias wires and cables market with 1,800 crore. Polycab says it will defend its 30% share as new capacity raises fears of margin pressure.
Suzlon secures 200 MW wind order from Ayana Renewable Power
Suzlon Energy has secured a maiden 200 MW wind energy order from Ayana Renewable Power. This marks Suzlon's third DevCo-led wind order across two states - Madhya Pradesh and Andhra Pradesh.
Intellect launches MSOCK technology at Global FinTech Fest 2026
Intellect Design Arena announced the launch of MSOCK Multidimensional Multilayer System of Connected Knowledge, an AI-native engineering system designed to address one of the biggest barriers to enterprise AI adoption: AI can generate code, but it does not inherently understand the enterprise it is being asked to change. Intellect has filed 39 patents relating to MSOCK technology and is launching the technology to the world for the first time on 09 September 2026, at Global FinTech Fest 2026.
INR stays pressured by elevated oil prices and ongoing Middle Eastern geopolitical friction
Elevated oil prices and ongoing Middle Eastern geopolitical friction is dampening investor confidence and weighing down the Indian rupee. The US attacks on Iranian tankers and Tehran's threat of a new restricted zone outside the Strait of Hormuz raised concerns about disruptions to energy flows. INR opened at Rs 94.49 per dollar and fell to a low of 94.69 so far during the day. Yesterday, the counter ended at 94.56. Lower opening to local equities also added pressure on the local unit. The BSE Sensex and NSE Nifty 50, are trading lower on September 8, 2026, weighed down by rising global crude oil prices and escalating geopolitical tensions between the US and Iran. However, ongoing RBI dollar sales and strong foreign-currency inflows under special schemes helped keep the rupee range-bound despite heavy external pressures.
Gold loans by NBFCs surge 68.5% in July, says RBI
Loans against gold jewellery by non-banking financial companies (NBFCs) grew at 68.5 per cent in July 2026 in continuation of a months-long trend where high lending against precious metals has been growing at elevated levels, the Reserve Bank said on Monday. Lending to facilitate consumer durable buys accelerated to 51.5 per cent in July 2026, as against 46.8 per cent in June and just 18.8 per cent in the year-ago period, as per the periodic data shared by the Reserve Bank. The gold loans segment had witnessed a growth of 69.3 per cent in the month-ago period, and were up 43.9 per cent in the year-ago period, according to the central bank.
Sensex slides 317 pts; realty shares decline
At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 316.80 points or 0.42% to 75,816.01. The Nifty 50 index lost 88.20 points or 0.37% to 23,691.60.
IFCI shares slide 7% after stellar 30% monthly surge amid NSE IPO buzz
IFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebis approval of the NSE IPO. IFCI has indirect exposure to NSE through its stake in Stock Holding Corporation of India.
Shiprocket surges after Q1 loss narrows to Rs 14 cr
Shiprocket rallied 5.96% to Rs 143.27 after the company reported a narrowing of its consolidated net loss to Rs 13.71 crore in Q1 FY27 from a net loss of Rs 18.03 crore in Q1 FY26.
Rays of Belief is flat on debut
Shares of Rays of Belief were currently trading at Rs 232.20 at 10:10 IST on the BSE, representing a discount of 2.85% as compared with the issue price of Rs 239.
Deepa Jewellers gains on debut
Shares of Deepa Jewellers were currently trading at Rs 200.75 at 10:10 IST on the BSE, representing a premium of 13.42% as compared with the issue price of Rs 177.
HLE Glascoat rises after securing supply contract worth 20.56 million euro
HLE Glascoat added 1.44% to Rs 341 after the company said that its step-down subsidiary HLE Surface Technologies GmbH has received a contract from FLC Portals Group I/S, Denmark, for supply of vitreous enamel cladding panels.
Novartis enters into exclusive promotion and distribution agreement with Novartis Healthcare
For distribution of Accentrix (ranibizumab) and Pagenax (brolucizumab) in India
Yen strengthens to fresh seven month high against dollar
The Japanese yen strengthened near a seven month high against the dollar on Tuesday amid increasing expectation that the Bank of Japan is likely to raise its interest rate by a quarter point at its upcoming September meeting. During the G20 summit, US Treasury Secretary Scott Bessent reportedly urged Japan's central bank governor and finance minister to raise interest rates. Yen surged to hit a peak 153.53 yen per dollar in morning trading on Tuesday. This powerful rally marks a sharp reversal from the currency's 40-year lows reached in July. Investors are now awaiting PPI and CPI data later this week for further clues on the Feds policy path.
SaaS is beating the SaaSpocalypse! CLSA explains what AI means for Indian IT stocks
CLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are gaining productivity, while system integrators face automation pressure. Both companies are adapting through deal growth, AI adoption and higher-value engineering work.
Jio, NSE IPOs: Do marquee IPOs really deliver big listing-day gains?
The anticipated IPOs from Jio and NSE are under the microscope as experts examine their potential for listing-day profits. Historical data from past mega IPOs reveal a mixed bag in terms of performance, with certain offerings incurring losses. The success of these upcoming stocks will hinge on precise pricing and robust institutional demand.
Sansera Engineering takes wing as broker initiates coverage
Sansera Engineering jumped 3.85% to Rs 4,046.40 after a foreign brokerage initiated coverage on the company with an 'outperform' rating and a target price of Rs 4,954.
Hindustan Petroleum Corporation Ltd Falls 1%
Hindustan Petroleum Corporation Ltd has lost 10.16% over last one month compared to 1.76% fall in BSE Oil & Gas index and 3.22% drop in the SENSEX
Sterlite Technologies Ltd Surges 5%
Sterlite Technologies Ltd has added 29.47% over last one month compared to 4.67% gain in BSE Telecommunication index and 3.22% drop in the SENSEX
Samsung India begins layoffs as costs rise, nearly 100 affected: Report
Samsung India's job cuts span multiple levels, with director-level officials, team leads, branch managers and area managers among those affected
Morgan Stanleys top picks: Adani Power, Trent, among 10 stocks rated overweight by Wall Street giant
Morgan Stanley forecasts a robust growth upcycle for India's equity markets over the coming quarters. Favorable valuations indicate substantial improvements in market performance. The brokerage has pinpointed ten stocks rated 'Overweight' for investors, featuring notable mentions like Adani Power and Trent. These selections underline potential lucrative opportunities in the Indian stock market landscape.
Jefferies initiated coverage on Solar Industries and Astra Microwave with Buy ratings, citing strong defence growth prospects and rising order books. It also maintained Buy ratings on HAL and Bharat Electronics while assigning a Hold rating to Bharat Dynamics. The brokerage expects robust earnings growth across these companies, supported by rising defence spending, indigenisation and export opportunities.
Fly-Hi Maritime, Farm Peace SME shares to list today: Here's what GMP suggests ahead of listing
Fly-Hi Maritime and Farm Peace are set to make their BSE SME debuts today, September 8, after their IPOs attracted modest demand. Fly-Hi Maritime was subscribed 2.12 times, with its GMP at around Rs 1, indicating a largely flat listing near Rs 103 against the issue price of Rs 102. Farm Peace was subscribed 1.16 times, while its Rs 59 issue price and latest subscription trends will be in focus as investors await its market debut.
Nifty trade below 23,700 in early trade; breadth positive
At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 370.87 points or 0.49% to 75,761.94. The Nifty 50 index lost 107.30 points or 0.45% to 23,678.55.
Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-premium business. LIC posted more than 45% growth, while SBI Life and HDFC Life saw stronger retail-weighted premium growth.
Amid declining consumer demand, Samsung Electronics has laid off 80-100 executives in India, particularly in television and home appliances. While layoffs are ongoing, the smartphone division remains unaffected for the moment, with expectations of improved sales during the upcoming Diwali season.
Indian stock markets opened lower on Tuesday, continuing their downward trajectory. The surge in crude oil prices coupled with anxieties over Federal Reserve rate hikes are major contributors to this decline. Moreover, the active IPO market is siphoning off significant capital from traditional stocks. Analysts expect this trend to extend in the near future and recommend that investors shift their focus toward large-cap stocks for improved risk-reward outcomes.
GE Vernova T&D India shares rose after the company emerged as the lowest bidder for a 6,000 MW HVDC project from Power Grid. Nomura raised its target price to Rs 6,000, while Emkay retained its Buy rating with a Rs 5,300 target price. Both brokerages highlighted strong prospects in the transmission sector, capacity expansion, robust cash flows, and healthy earnings growth.
Prasol Chemicals IPO opens today: Check the GMP and key details. Should you subscribe?
Prasol Chemicals IPO opened for subscription on September 8, with the Rs 500 crore issue closing on September 10. The IPO carries a price band of Rs 643676 per share and a current GMP of Rs 55, implying an estimated listing price of around Rs 731.
Coforge shares double from March low, outperform Nifty IT peers. Is more steam left in the rally?
Coforge shares have experienced a remarkable resurgence, doubling since March and leaving its IT competitors behind. The company recently announced impressive growth in net profit and revenue during the first quarter. Analysts anticipate that mid-tier IT firms like Coforge will thrive amid evolving industry dynamics. Both Jefferies and Axis Direct express optimism about Coforge's growth trajectory. The stock has consistently yielded positive returns over the last year.
CAS rewrites closing bell: How capital-market stocks performed in 1 month & what comes next
Following the introduction of the Closing Auction Session, capital-market stocks displayed a range of performances. While Motilal Oswal Financial Services and MCX enjoyed substantial gains exceeding 20 per cent, companies like Indian Energy Exchange, BSE, HDFC AMC, and CAMS experienced significant falls. The uptick in trading activity sparked gains for several brokerages and wealth management firms. Future market dynamics will largely hinge on trading volumes and clarity in regulations.
IPO GMP Live Updates | Pranav Constructions IPO Day 2: GMP signals 34% listing gain
Supreme Industries among 4 stocks showing RSI trending up
Four Nifty500 stocks, Supreme Industries, Zydus Lifesciences, Narayana Hrudayalaya and Nippon Life India AMC, showed rising RSI above 50, signalling strengthening momentum and potential uptrend conditions.
Larsen & Toubro plans 500 crore tokenised bond issue, first by private-sector company
The proposed notes will be settled on the same day, with participation restricted to investors holding active central bank digital currency wallets
Pranav Constructions IPO Day 2: GMP signals 34% listing gain. Should you subscribe?
Pranav Constructions IPO entered Day 2 with strong demand after the Rs 351.03 crore issue was subscribed 5.70 times on Day 1. The NII portion saw the highest interest at 10.61 times, while the retail quota was subscribed 5.77 times. The IPOs GMP stands at Rs 43, indicating a 34% premium over the upper price band of Rs 124.
SEBI gives angel funds 7-month extension to comply with accredited investor mandate
SEBI has extended the deadline for Angel Funds to comply with the accredited investor requirement to March 31, 2027. Details here.
Defence stocks: The Defence Acquisition Council approved defence procurement proposals worth around Rs 1.10 lakh crore, with nearly 98% of purchases to be sourced from Indian companies. The move is likely to keep defence stocks such as HAL, BEL, Paras Defence, BEML and Astra Microwave in focus. The approvals cover requirements of the Army, Navy and Air Force.
Rentomojo IPO may unlock 152x gain for Nazara Tech founder Nitish Mittersain
Rentomojo, the furniture and appliance rental company, is gearing up for a significant IPO, poised to raise over one thousand crore rupees. Nitish Mittersain stands to gain immensely, potentially realizing a staggering 152-fold return on his investment through the sale of some shares. The firm intends to utilize the proceeds from the fresh issue for debt clearance and boosting operational capacities.
Watch: US forces intercept floating fueling station linked to drug trafficking: SOUTHCOM
BRICS Summit 2026: Key likely outcomes as India drives a transformative global agenda in New Delhi
India's chairship framework is organised around four primary pillars, starting with Resilience, which aims to protect institutions, societies, and economies from supply-chain disruptions, health crises, geopolitical shocks, and climate risks.
JSW Steel Share Price Live Updates: JSW Steel's Current Price and Market Performance
Tech Mahindra Share Price Live Updates: Tech Mahindra's Price Movement Today
FIIs poured nearly Rs 50,000 crore into these sectors in last 2 months. Heres what they bought
Foreign investors turned net buyers in India, deploying Rs 49,830 crore across sectors in July and August, with consumer services, healthcare, consumer durables, financials and IT emerging as the biggest beneficiaries. The shift reflects stronger domestic growth, better-than-expected Q1 earnings and a stabilising rupee, while telecom, capital goods, power and select other sectors faced sustained selling.
