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HDFC Bank shares on Tuesday as the lender submitted two CEO candidates to the RBI, intensifying focus on its leadership transition. Jefferies, Nomura, Bernstein and Macquarie remain positive on the stock, with price targets ranging from Rs 880 to Rs 1,150. Analysts see leadership clarity as a potential re-rating catalyst.
Rs 1.13 lakh crore boom in one corner, a bust in another: What changed in the AI trade?
Indian IT stocks surged as calls for a slower pace of frontier AI development eased concerns over disruption to traditional software services. The Nifty IT Index gained 5% on Tuesday, adding Rs 1.13 lakh crore in market value, while power and infrastructure stocks tied to AI buildout declined sharply, highlighting a shift in investor positioning.
KEC International shares rallied after the company secured Rs 1,303 crore of new orders across transmission and distribution and cables and conductors businesses. The latest wins take its year-to-date order intake above Rs 7,600 crore, supporting its growth outlook.
Meta India has reportedly agreed to report child safety-related cases to law enforcement agencies as Centre steps up scrutiny of social media platforms over harmful content.
Tata Sons IPO buzz adds Rs 17,200 cr to m-cap of 5 group stocks. Who gains most?
Renewed Tata Sons IPO hopes sparked a sharp rally in five Tata Group stocks, adding over Rs 17,200 crore to their combined market value in less than an hour. The gains came after the RBI rejected Tata Sons request to surrender its CoR and directed it to comply with regulations for NBFC-Upper Layer entities, reviving expectations of a public listing.
Dutch AI chip startup CEO said that AI's potential will remain constrained if its infrastructure is not fundamentally changed.
BSE SME Apana Logistics holds the line on debut
Apana Logistics traded at Rs 60 on the BSE, matching the issue price of Rs 60.
Pranav Constructions gains on debut
Shares of Pranav Constructions were currently trading at Rs 136.45 at 10:22 IST on the BSE, representing a premium of 9.52% as compared with the issue price of Rs 124.
Dow drifts near one month low amid sustained selling pressure
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Stock-picking, multi-manager hedge funds attract more capital from investors in 2026, BofA says
Hedge funds are witnessing an unexpected surge in capital, breaking a three-year trend of stagnation. Investors are gravitating towards hedge funds as their asset class of choice for 2026, driven by impressive performance attributed to the artificial intelligence sector. Additionally, both pension funds and private banks are preparing to allocate more resources into these funds this year, especially in equity and multi-manager strategies.
Raymond share price rally 8% as aerospace subsidiary wins multi-programme orders
Raymond shares price rose sharply on Tuesday after its aerospace subsidiary secured multi-programme orders covering more than 300 part numbers and annual volumes exceeding 37,000 components. The orders have an estimated annual business potential of around Rs 33 crore, with production scheduled to begin progressively in 2026 and 2027 across multiple aerospace applications.
Tata Group stocks rally as Tata Sons IPO prospects gain traction
Select Tata Group stocks were in demand on Tuesday, 15 September 2026, following renewed focus on a potential Tata Sons listing.
Muthoot Microfin raises Rs 250 crore via privately placed NCDs
Muthoot Microfin said that it has raised Rs 250 crore through the allotment of listed, rated, secured and redeemable non-convertible debentures (NCDs) on a private placement basis.
PTC Industries Ltd Slides 2.07%
PTC Industries Ltd has added 21.79% over last one month compared to 3.83% fall in BSE Capital Goods index and 3.38% drop in the SENSEX
Elevated crude oil prices and heightened Middle East tensions weigh on INR
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70% NSE revenue under Sebi shadow: Is F&O risk a key overhang for IPO investors?
NSEs IPO comes with a strong market position but also a key regulatory overhang, with options contributing nearly 60% of operating revenue in FY26. While Sebis tightening of derivatives rules could pressure speculative volumes and transaction income, NSE says its dependence on weekly options has declined. Experts expect activity to shift towards cash equities rather than disappear altogether over time.
Afcom signs long-term aviation fuel supply agreement with HPCL
Afcom Holdings has signed a long-term Aviation Fuel Supply Agreement with Hindustan Petroleum Corporation (HPCL). The agreement, effective 1 September 2026, is structured on IATA Model Terms and supported by a Location Agreement covering HPCL's aviation fuel network in India providing Afcom with a secured and competitively priced supply of aviation turbine fuel.
PNC Infratech shares tank 20%. Whats triggering the steep plunge on Tuesday?
PNC Infratech shares plunged after NHAI extended the debarment of Awadh Expressway to the company for three years, restricting its participation in key road project bids. The company is evaluating legal remedies, while its ongoing projects remain unaffected.
RBI files caveat in Bombay HC amid Tata Sons listing matter: Report
The caveat means the RBI wants to be heard if any petitioner approaches the court challenging the decision or seeking a stay.
Steamhouse IPO allotment likely today: GMP signals 30% listing gain; heres how to check status
Steamhouse Indias Rs 414 crore IPO is set to finalise allotment, with its shares scheduled to list on September 17. The issue was subscribed nearly 32 times, while the IPOs GMP indicates a potential 28% listing gain. Investors are also tracking the companys plans to reduce debt, expand capacity and strengthen its financial performance following a 24% rise in FY26 profit.
ITCONS e-Solutions bags 2-year contract from Indian Navy
ITCONS e-Solutions has bagged a new contract by the Indian Navy, Department of Military Affairs, Ministry of Defence to provide 11 resources for a period of Two (2) year.
KEC International secures orders worth Rs 1,303 cr
KEC International has secured new orders of Rs. 1,303 crore across various businesses:
Vijay Kedia reveals multibagger playbook: How the superstar picks stocks using RISE strategy
Vijay Kedias investment approach is built as much around discipline as opportunity. He is willing to buy stocks after sharp declines but refuses to chase them when valuations move beyond his comfort zone. As mutual funds, family offices and other investors crowd into emerging businesses, Kedia is increasingly looking at SMEs, unlisted companies and startups for opportunities that offer attractive valuations and growth potential.
RBI likely intervenes to shield rupee as oil prices climb, traders say
The rupee declined 0.2% to 95.79, hovering around its weakest levels in a month
Why is stock market rising today? 3 key factors driving Sensex and Nifty rebound
On Tuesday morning, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty recording impressive gains that significantly boosted market capitalization. Key players like HCL Tech and Infosys spearheaded this rally in technology stocks. In contrast, broader markets and certain banking shares faced slight downturns. Overall, the IT sector showcased outstanding performance compared to other industries throughout the trading session.
Nifty trade tad above 23,450 in early trade; breadth negative
At 09:30 IST, the barometer index, the S&P BSE Sensex, jumped 248.85 points or 0.31% to 75,030.61. The Nifty 50 index rose 57 points or 0.26% to 23,455.10.
Indian IT stocks rallied up to 6% after calls from Anthropic and OpenAI leaders for a slower pace of AI development eased fears of disruption from AI. Infosys, HCLTech, LTIMindtree and Mphasis gained around 6%, while TCS and Tech Mahindra rose over 5%, pushing the Nifty IT index up about 5%.
RBI files caveat in Bombay High Court in Tata Sons listing matter
The RBI has filed a caveat in the Bombay High Court over Tata Sons mandated listing, seeking to ensure it is heard before any court order on a potential challenge. The move follows the central banks rejection of Tata Sons request to surrender its registration and avoid listing.
Muthoot Microfin secures 250 crore in NCD issue, eyes lower funding costs
Muthoot Microfin has raised 250 crore through listed NCDs, with the funds aimed at strengthening its funding profile and diversifying its liability mix
Angel One among 4 stocks closing over 2% above VWAP
Pine Labs, Angel One, CDSL and Action Construction Equipment closed more than 2% above their volume-weighted average prices on September 11, indicating strong intraday buying momentum.
Peak XV sees Indias next big bets in wealth, wellness and premium consumer businesses
Peak XV Partners sees Indias next investment wave moving into wealth, insurance, specialized healthcare and premium consumer categories as incomes and markets deepen.
Rentomojo IPO allotment likely today: GMP signals 39% listing gain. Heres how to check status
Rentomojos Rs 1,255.57-crore IPO allotment is expected to be finalised after the issue drew nearly 73 times subscription. A Rs 158 grey market premium indicates a potential 39% listing gain, with shares scheduled to debut on the NSE and BSE on September 17, 2026.
Oracle is offering recently laid-off US employees four weeks of base salary, plus another week for every year of service. The package appears less generous than severance plans offered by some Big Tech rivals.
Oracle begins fresh layoffs as AI infrastructure spending keeps rising
Oracle has begun another round of layoffs after its workforce fell by 21,000 in financial year 2026, as the software giant ramps up spending on AI data centres and infrastructure
BSE, Groww, Angel One and Motilal Oswal are in focus after Sebi proposed changes to the Closing Auction Session and expiry-day settlement methodology. Jefferies remains bearish on BSE but sees Groww as a better play on Indias equity market.
LIC Housing Finance among 5 F&O stocks with sharp rise in futures open interest
Five NSE F&O stocks recorded a rise of more than 5% in futures open interest on September 11. LIC Housing Finance led the list with a 20.39% increase, followed by PI Industries, Bank of Maharashtra, KEI Industries and Sagility.
Veegaland Developers IPO Day 3: GMP at 15%, subscription status 1.17x. Should you subscribe?
Veegaland Developers 210-crore IPO entered its final bidding day after being subscribed 1.17 times by Day 2, led by retail demand. A 20 grey market premium suggests a potential 15% listing gain, while brokerages recommend subscribing for the long term.
HDFC Bank submitted two CEO candidates to the RBI, initiating the succession process. Brokerages maintain bullish calls for the stock, citing potential continuity and a cleaner slate. An internal candidate offers familiarity, while an external one could drive strategic reassessment. The bank's shares have underperformed significantly, showing oversold readings. Analysts maintain buy ratings with substantial upside potential from current levels.
Stock Alert: Lalithaa Jewellery Mart, HDFC Bank, KEC International, Aurobindo Pharma
Securities in F&O Ban:
Nifty seen opening mildly higher despite global weakness; inflation and FPI flows in focus
GIFT Nifty:
The Powerball jackpot has reached an estimated $251 million for the September 14 drawing. Winning numbers for this drawing were 19-20-57-61-67 and the Powerball was 22. The odds of winning the jackpot remain extremely difficult at 1 in 292.2 million. A ticket sold in Illinois won a massive $1.04 billion jackpot on August 12. Powerball drawings occur three times weekly on Monday, Wednesday, and Saturday evenings.
PhysicsWallah among 5 Nifty500 stocks flashing bullish signals
Five Nifty500 stocks appeared on the White Marubozu bullish scanner on September 11, according to StockEdge technical scan data. The pattern indicates strong buying pressure, with prices moving from the open toward the session high by the close.
BPCL Share Price Live Updates: BPCL's Price Analysis
What was choking Dal Lake is now shaping Kashmir's traditional art
A Kashmiri artisan is transforming lake weeds into a new papier-mache ingredient. This innovation addresses the rising cost of traditional paper for the craft. Simran Irshad developed a technique using dried and pulverized lake vegetation. She has trained approximately fifty women in this sustainable new method. Irshad hopes to expand this initiative to provide more employment opportunities.
Embracing the spirit of a novice, Steve Jobs found liberation in exploring uncharted territory. Co-founding Apple, he imagined a world where elegant technology was accessible to all. After facing adversity, his investment in Pixar paved the way for a triumphant return to Apple, where he introduced game-changing products. The iPhone seamlessly blended telecommunication with the internet, altering the fabric of everyday existence.
Yes Bank among 4 stocks showing RSI trending up
Four Nifty500 stocks that gained over 4% on September 11 were highlighted in the RSI Trending Up scan, based on data from StockEdge. Yes Bank, Indus Towers, Sun TV Network and Authum Investment & Infrastructure recorded rising RSI values, indicating strengthening momentum in their stock prices.
Nestle India Share Price Live Updates: Nestle India Stock Details
Manika Plastech IPO Day 2: GMP signals 26% listing gains. Check subscription and key details
The Manika Plastech IPO entered its second day of bidding with the issue subscribed 1.46 times on Day 1. The IPO is commanding a 26% grey-market premium, while retail investors showed stronger demand. Here are key details on subscription, GMP, issue structure and financial performance.
Tech Mahindra Share Price Live Updates: Tech Mahindra Shares Rise Significantly
LTIMindtree Share Price Live Updates: LTIMindtree's Stock Performance on the Rise
Tata Steel Share Price Live Updates: Tata Steel Breaks Above 20-Day SMA
JSW Steel Share Price Live Updates: JSW Steel Climbs Past 100-Day EMA Threshold
Landmark NSE IPO threatens to hollow out India shadow market
The National Stock Exchange's upcoming IPO will significantly boost India's primary market. This listing is expected to cause a major decline in the booming unlisted shares trade. Platforms facilitating these transactions must now find new investment opportunities. Wealthy individuals and funds previously bet on companies in the listing pipeline. The unlisted market saw growth with companies like Sterlite Electric and Garuda Aerospace.
ITCONS E-Solutions bags order worth Rs 83 lakh
ITCONS E-Solutions announced that it has received a manpower outsourcing services order worth Rs 83.05 lakh from the Indian Navy, Department of Military Affairs, Ministry of Defence, for the deployment of 11 resources.
Apana Logistics shares to list today: Check GMP and other key details
The Rs 34.14 crore IPO was a fixed-price issue comprising an entirely fresh issue of 56.90 lakh shares. The company had fixed the IPO price at Rs 60 per share.
Other Tata Group stocks likely to remain in focus include Tata Motors PV, Tata Chemicals, The Indian Hotels Company, Tata Communications, Trent, Tata Elxsi, Tata Technologies, Tata Capital, Titan Company, The Tata Power Company, Tata Consumer Products, Voltas, Tata Investment Corporation, Nelco and Tejas Networks.
Positive Breakout: These 6 stocks cross above their 200 DMAs
As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.
Accenture to pay $25 million to settle US government allegations over DEI
IT firm Accenture will pay twenty-five million dollars to settle US government diversity claims. The settlement addresses allegations of considering race and gender in hiring and promotions. This action follows similar probes involving other major consulting firms like Deloitte and IBM. The Trump administration had previously targeted diversity, equity, and inclusion practices. Accenture stated it complied with laws and denied any admission of liability.
Bourses and brokers may win from Indias proposed auction revamp
India's securities regulator is considering revisions to the closing auction system, intending to enhance stability in end-of-day trading prices and curb market volatility. While stock exchanges and brokers are likely to reap benefits from these regulatory changes, market makers may encounter stricter constraints on their trading operations. The regulator is currently inviting feedback regarding these proposed adjustments.
AI restraint debate lifts outlook for India tech services stocks
Indian technology services stocks may see a reprieve from recent declines. Calls to slow artificial intelligence development could boost these beaten-down companies. Investors might bet on a longer disruption timeline for AI's impact. Valuations also present an attractive opportunity for renewed investor interest. This shift could lead to short-covering and fresh buying in frontline IT stocks.
Fed hike, rising US Yields could trigger fresh selloff in Indian stocks
The Federal Reserve's potential rate hike looms over global markets. US 10-year sovereign yields nearing five percent pose a significant challenge. This rise makes emerging markets like India less attractive for foreign investors. High risk-free rates globally affect all asset valuations and investment strategies. Indian retail investors may face increased pressure from institutional selling.
Tata, Adani, Reliance triple their EV charging points in 3 years
The number of EV charging points installed by these three groups has grown 21% from FY25, when the cumulative was 15,651 and by 67% from FY24, when their total was 11,356. From the total of 5,438 in FY23, the network has grown 280%.
Young investors are driving next disruption wave in broking: Z47
The shift is being driven by two forces working in tandem: technological evolution and generational change, says Anish Patil, an investor at Z47.
D-Street poised for a positive start as GIFT Nifty trades firmly higher
Indian benchmark indices witnessed a turbulent trading day on Friday, suffering significant losses in the initial hours. Analysts imply that crossing the 23,500 mark could hint at a recovery toward 23,650 levels. The India VIX surged by 4.1%, settling at 12.28, reflecting increased market anxiety. Foreign portfolio investors netted sales of shares worth Rs 931 crore, contrasting with domestic investors who bought Rs 1,968 crore.
Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun Beverages
On September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracted selective buying, which limited the days overall losses. Major players like HDFC Bank and IT sectors remained in focus amid relevant corporate announcements. Additionally, SEBI's discussion paper regarding the Closing Auction Session received input on five critical areas.
BofA turns bullish on Nifty, forecasts 12% upside by December
BofA Securities expresses an optimistic outlook for the Nifty, projecting a growth to 26,200 by December 2026. They anticipate that current market risks due to Fed rate hikes and issuances will peak around October. This optimistic stance comes in light of identified risks altering market dynamics and recent valuation shifts.
FSSAI scrutiny puts food startup claims under investor microscope
Investors are digging deeper into ingredients, lab tests and supply chains as weak product claims increasingly threaten to derail deals.
Analysts remain bullish on L&T, see up to 16% upside on order book strength
Larsen
Amazon Now hits $1 bn annualised gross sales as quick-commerce battle grows
Amazon's instant-delivery service has expanded to more than 60 cities in less than 10 weeks and is on track to reach 100 cities by Diwali, intensifying competition
Canadian rapper Drake became a co-owner of 100 Thieves in 2018. The company's valuation grew significantly from ninety million dollars to four hundred sixty million dollars. This substantial increase occurred over a period of approximately three years. Drake joined as a strategic advisor and co-led a funding round.
John Hendricks, Discovery Channel founder, is selling his expansive Colorado ranch and resort. This nearly 7,000-acre property is listed for an impressive $149 million. The combined estate now includes a luxury resort and a vintage car collection. Hendricks is seeking $279 million for the entire Colorado real estate holdings. He plans to travel more and focus on other business ventures.
China urges more FX hedging to aid exports
China's foreign exchange regulator is urging banks to implement currency hedging options for exporters. This strategy intends to protect businesses from the persistent rise of the yuan against the dollar, which recently achieved a multi-year high following stronger daily guidance from the central bank. Authorities are wary of potential foreign exchange losses impacting exporters, a vital sector of the economy.
Quote of the day by Zig Ziglar offers a simple way to look at success and personal growth. Reaching a goal can bring rewards, but the journey can shape who we become. His message connects with work, relationships, ambition and everyday choices. It encourages readers to value discipline, experience and personal development, not just the final achievement or recognition.
A remarkable manuscript discovery at New York Citys Morris-Jumel Mansion brought an overlooked piece of Revolutionary-era history back into focus. In 2013, archives intern Emilie Gruchow was cataloguing old manuscripts in the mansions hot attic when she found fragments of a document misfiled among the papers of 18th-century doctor Nicholas Roche. She recognised the text as a draft of The Twelve United Colonies, by their Delegates in Congress, to the Inhabitants of Great Britain. Experts authenticated the manuscript and linked its primary authorship to Robert R. Livingston. The museum later sold the 12-page document at auction for $912,500.
China is now ready to address trade concerns with India
China expressed readiness to address India's trade concerns collaboratively. A recent meeting between ministers discussed bilateral economic and trade ties. Leaders previously agreed to view each other as partners for development. China aims to expand mutually beneficial cooperation and address concerns. This aims to better benefit enterprises and people of both nations.
German Minister Has Constructive Orcel Talk on Commerzbank
German Finance Minister Lars Klingbeil gave a cautiously positive readout from his meeting with UniCredit SpA Chief Executive Officer Andrea Orcel in which he outlined the demands he wants the Italian lender to respect once it controls Commerzbank AG.
In HDFC Bank CEO race, ICICI Life Insurance veteran is frontrunner: Who is Anup Bagchi?
HDFC Bank said its board has forwarded two names recommended by the banks governance, nomination and remuneration committee.
HDFC Bank has proposed two CEO candidates to the RBI: Kaizad Bharucha, Deputy MD, and Anup Bagchi, MD of ICICI Prudential. This follows incumbent Sashidhar Jagdishan's decision to step down at end of term in October.
Oracle is reportedly initiating another round of job cuts, affecting several employees. Notification emails indicated immediate terminations due to organisational changes.
Piramal Pharmas UK facility receives 7 observations from US FDA inspection
The observations relate to enhancements in practices, procedures and documentation, with the company preparing a detailed response within the stipulated timeline
PSG Equity raises over 4.4 billion for software and tech bets
The fundraising comes as the software sector recovers from a selloff brought on by the emergence of new AI models that are threatening to replace many incumbent systems.
Solar Industries to acquire South Africa's Omnia for 12,951 crore
All-cash acquisition will expand Solar Industries' global mining footprint and add Omnia's explosives, blasting solutions and ammonium nitrate capabilities
Centre tells banks no charges on RuPay debit card payments or UPI transactions up to 2,000
The Finance Ministry, in a notification issued on Monday, specified that banks and PSPs cannot impose charges on RuPay debit card payments or UPI transactions up to 2,000 in value. Here's all we know.
CEO, MD Sashidhar Jagdishan will retire on October 26, 2026 with no wish for reappointment. Reportedly, HDFC Bank has sent two names of candidates among which one will selected for the post.
The CBI has registered an FIR concerning Disha Salian's death after a High Court order. The investigation will examine numerous individuals, including political figures and actors. The FIR details alleged criminal conspiracy and evidence suppression in the case. Salian's father had previously named specific individuals he wished investigated.
Tom Brady and Gisele Bndchen's Brentwood mansion was designed with ecological consciousness. The French Provincial chateau utilized recycled components and sustainable energy systems. This expansive home featured reclaimed materials and a gray-water irrigation system. Architect Richard Landry designed the property, while Joan Behnke handled interiors. Recording artist Dr. Dre later purchased this impressive estate for a significant sum.
Belgium is turning a huge offshore construction project into reality. Since 2025, workers have installed 23 massive concrete blocks in the North Sea. Each block weighs about 22,000 tonnes, making the scale of the project hard to grasp. Together, the blocks form the protective walls of a new artificial energy island. The island is designed to become a key link in Belgiums growing offshore renewable-energy network, helping connect future wind power to the electricity grid on land.
Using toothpaste as a cleaning agent is a quick and effective way to shine kitchen sinks. This method targets light dirt and helps revive dull surfaces. An old toothbrush is great for gently scrubbing away stubborn grime, followed by a thorough rinse and drying for sparkling results. Its a handy tip for effortless sink upkeep.
