26 C 
On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop exceeding 1.5% the day before. A staggering Rs 4 lakh crore was wiped off in market capitalisation, as investors reacted to rising oil prices and climbing bond yields.
SRIT India IPO, Shah Investor IPO, AceVector IPO, German Green Steel IPO, Runwal Enterprises IPO, Orient Cables IPO Day 2 & 3 updates, news today live updates: Stay tuned
Rupee hits two-month low, breaches 96/USD mark as oil worries deepen
The Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heightened economic worries among investors. Brent crude oil has escalated by over 1.5%, hitting $107 per barrel amid disruptions in the Middle East. Furthermore, September saw foreign investors retreating with a $3.
Gold and silver prices in India witnessed a sharp drop during early trading hours on Tuesday. Check retail rates of the precious metals in top metro cities of the country.
SRIT India, Shah Investors Home IPO Day 2: Check GMP, subscription status and key details
The IPOs of SRIT India and Shah Investors Home entered their second day of bidding on September 29, with SRIT India subscribed 1 time and Shah Investors Home 31% on Day 1. Both issues will close on September 30. SRIT India commands a GMP of 25%, while Shah Investors Home has a GMP of around 8%, indicating positive listing expectations, though GMP remains unofficial.
New insights reveal that systematic investment plans in the Nifty50 have consistently underperformed, presenting a five-year XIRR of merely 4.5%. This result places Nifty50 below the returns of traditional fixed deposits. In contrast, midcap and smallcap indices have shown impressive gains. Analysts recommend a strategy focusing on individual stock selection and earnings growth rather than relying solely on index performance, prompting a reassessment of index-based investment approaches.
Global Market: South Korean stocks under pressure ahead of trade data, Micron results
South Korean shares were largely flat as semiconductor gains offset declines across other sectors. Investors awaited September trade data and Micron Technologys earnings for signals on AI-chip demand, while higher oil prices, Treasury yields and foreign selling weighed on the broader market.
15-year setback on cards? Nifty heading for worst annual performance since 2011
As 2023 unfolds, the Nifty index appears headed for its most disappointing year in a decade and a half. Key contributors to this downturn include high valuations and a flight of foreign investors. The IT sector continues to struggle amid geopolitical conflicts that have exacerbated oil prices and inflation fears. While local institutions lend some assistance, international investors remain reluctant.
MCX appoints Ramesh Varakhedkar as Chief Business Officer
With effect from 28 September 2026
Coforge appoints former Bharti Enterprises vice-chairman Akhil Kumar Gupta as chairperson and independent director for five years, following boardroom turmoil triggered by O P Bhatts resignation. The IT services firm retains its FY27 guidance and long-term growth targets.
GIFT Nifty signals weak opening as FPI selling, rising crude weigh on sentiment
GIFT Nifty:
Rays of Belief reports standalone net profit of Rs 1.42 crore in the June 2026 quarter
Sales rise 27.32% to Rs 12.49 crore
Prasol Chemicals standalone net profit rises 150.70% in the June 2026 quarter
Sales rise 35.70% to Rs 433.65 crore
Deepa Jewellers standalone net profit rises 27.01% in the June 2026 quarter
Sales rise 39.04% to Rs 431.11 crore
Kirloskar Oil Engines among 3 stocks that closed crossing above VWAP
On September 28, three Nifty500 stocks closed over 1% above their VWAP, signaling potential bullish momentum. A close above VWAP indicates stronger prices than the volume-weighted daily average, reflecting positive market sentiment.
Indian pharma stocks, including Sun Pharma and Aurobindo Pharma, are in focus after the US exempted India and 19 other countries from 100% tariffs on certain patented specialty pharmaceuticals and ingredients. Eligible products include rare-disease drugs, gene and cell therapies, and infertility treatments. Generic medicines remain outside the Section 232 tariffs.
Four SME IPOs open for subscription today: Check issue size, price band, lot size and key dates
Among the four, Black Opal Consultants is the largest issue at Rs 55.08 crore, followed by EverestIMS Technologies at Rs 48.46 crore, Vans Electroengineerings at Rs 33.98 crore and Papadmalji Agro Foods at Rs 20.18 crore.
A recent ITAT ruling has clarified that money received by a taxpayer while acting as a power-of-attorney holder does not automatically become his taxable income. The tribunal deleted a 1.25 crore addition after finding that the taxpayer had received the amount on behalf of three property owners.
Oil prices rise for second session on continued West Asia supply concern
Brent crude futures had risen 63 cents, or 0.6%, to $105.91 a barrel by 0002 GMT while US West Texas Intermediate crude was at $93.32, up 72 cents, or 0.8%
BSE set to enter Nifty 50 from tomorrow, IT major Wipro to exit. What shareholders must know?
BSE has been included in the Nifty 50 after its six-month average free-float market capitalisation came in at Rs 1,40,879 crore. This is at least 1.5 times the six-month average free-float market capitalisation of the smallest constituent in the eligible universe, Wipro, whose average free-float market capitalisation stood at Rs 55,930 crore, according to the NSE release in August.
Aegis Vopak Terminals among 3 stocks showing RSI trending up
Three Nifty500 stocks gained over 3% and featured in StockEdges RSI trending up scan on September 28, signalling strengthening momentum as their RSI values crossed above 50 from below.
Goldman Sachs sees Eternal achieving $1 billion EBITDA by FY29; raises target price
Goldman Sachs maintained a Buy rating on Eternal, formerly Zomato, raising its target price by 11% to Rs 385. The brokerage foresees Eternal hitting $1 billion EBITDA by FY29, driven by Blinkit's robust growth and steady-state margin expansion alongside stabilising competitive intensity in quick commerce.
NTPC Share Price Live Updates: NTPC's recent returns signal a downward trend
Force Motors among 4 F&O stocks saw a high increase in futures open interest
Four NSE F&O stocks recorded a rise of over 7% in futures open interest on September 28, led by Force Motors with an 11.9% increase. Godfrey Phillips India, ICICI Bank and Bharat Dynamics also saw significant increases.
Grasim Inds Share Price Live Updates: Grasim Industries Experiences Decline Below 100-Day EMA
HDFC Bank Share Price Live Updates: HDFC Bank's beta overview
UltraTech Cem Share Price Live Updates: UltraTech Cement faces a tough month
HCL Tech Share Price Live Updates: HCL Tech's Trading Summary
Dr Reddys Share Price Live Updates: Dr. Reddy's Breaks Above Key Moving Average Level
UPL Share Price Live Updates: UPL's Price Movement Signals Concern
SBI Life Share Price Live Updates: SBI Life's stock shows consistent performance
ICICI Bank Share Price Live Updates: ICICI Bank experiences a decline in returns
IndusInd Bank Share Price Live Updates: IndusInd Bank's three-month returns indicate a decline
Apollo Hospital Share Price Live Updates: Apollo Hospital's 1-Month Return Analysis
Wipro Share Price Live Updates: Wipro showcases low market correlation
Moneyview IPO allotment to be finalised today; Check status, GMP and likely listing price
Qualified Institutional Buyers (QIBs) led the demand, oversubscribing their allocated quota by 227.45 times. This was followed by Non-Institutional Investors (NIIs), who oversubscribed their reserved quota by 115.41 times. Retail Individual Investors (RIIs) subscribed to 19.57 times their reserved quota.
In the grey market, the IPO is commanding a grey market premium (GMP) of over 4%, indicating market expectations of a potential premium over the issue price at listing. However, grey market premiums are unofficial and can change before listing.
Newgen Software bags Rs 53-cr contract from US health insurer
Newgen Software announced that its US-based material subsidiary, Newgen Software Inc., has secured a contract from a US-based health insurance company for supply, installation, implementation and cloud hosting of the NewgenONE CAG Solution.
A-One Steels India allotment likely today: GMP signals 7% listing gain. Heres how to check status
The Rs 405-crore A-One Steels India IPO is expected to finalise its share allotment today. Once the allotment is announced, investors will be able to check online whether they have been allotted shares. The companys stock is tentatively scheduled to list on both the BSE and NSE on October 1, 2026.
ONGC Share Price Live Updates: ONGC's monthly performance shows a downturn
Maruti Suzuki Share Price Live Updates: Maruti Suzuki Sets New 52-Week Low
Bajaj Finance Share Price Live Updates: Bajaj Finance reports a notable decline in returns
Hindalco Share Price Live Updates: Hindalco's recent performance reveals a decline
Tech Mahindra Share Price Live Updates: Tech Mahindra Dips Below Key Moving Average
Titan Company Share Price Live Updates: Titan Company Faces Downward Price Breakout
Himalaya Nutravedics, Anand Seamless shares to list today; Check IPO subscription and key details
The funds raised through the issues are earmarked for purposes including working capital, business expansion, capacity enhancement, debt repayment and general corporate requirements.
Stocks to watch: Tata stocks, pharma stocks, Ola Electric, Voda Idea, ITC
Reliance Jio gained the highest number of wireless mobile subscribers in August, adding nearly 2.40 million users, followed by Bharti Airtel with about 2.11 million additions.
Negative Breakout: These 10 stocks cross below their 200 DMAs
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
Dollar hold near two-month peak as yields rise, Fed data looms
The dollar remained stable near a two-month peak while traders closely monitored upcoming US economic reports. Oil prices experienced a slight uptick, with Brent crude futures approaching $106 per barrel amidst market volatility. Meanwhile, US Treasury yields hit multi-year highs, impacting the dollar's strength. Anticipated economic metrics could pave the way for additional Federal Reserve rate hikes this month.
Gold holds near seven-week low, US economic data on tap
Gold prices are holding steady near a seven-week low, despite ongoing concerns about rising interest rates from the Federal Reserve. Investors are treading carefully as they prepare for crucial US economic data, including employment and inflation reports, this week. Meanwhile, oil prices have increased over fears of supply disruptions in the Middle East, potentially impacting inflation rates. Current market expectations show a 70.
Oil prices rise for second session on continued Middle East supply concern
Oil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent crude futures rose to $105.91 a barrel as traders reacted to the situation. Efforts to negotiate an end to the conflict between the US and Iran are ongoing. Meanwhile, the US is considering regulatory relief for diesel sales to help stabilize prices.
Eternal on radar as quick commerce regains momentum: Motilal Oswal
Motilal Oswal Wealth Management Research Desk is bullish on QC platforms in 2QFY27 with improving growth momentum, as competitive intensity moderates and demand benefits from festive seasonality.
Flat to positive opening seen for Indian stocks amid cautious mood
Analysts expect selling pressure to intensify after the open, with several mid- and small-cap stocks likely to face a bear onslaught
Portfolio overlap between mutual funds is not necessarily a problem, particularly when schemes have different strategies, risk profiles or portfolio roles. However, excessive overlap can leave investors with concentrated exposure despite holding multiple funds.
SIPs offer steady gains as most fund categories beat benchmark indices
In the last two years, systematic investment plans have shown remarkable performance, with small-cap funds leading with an average return of 14.25%. Retail investor monthly contributions saw a noteworthy increase of about 37% between August 2024 and August 2026. Additionally, midcap and multi-asset allocation funds managed to produce solid returns of 8.51% and 7.85%, respectively, generally exceeding the SIP returns of their benchmark indices.
Sensex today | Stock Market Live Updates: Stock to buy today: Parag Milk Foods (275) BUY
Sensex, Nifty, Share Prices Live: The short-term outlook for Parag Milk Foods is bullish. The stock began the week on a positive note, rising over 2 per cent on Monday.
Market rout deepens as crude surge, high US yields batter Indian equities
The Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The NSE Nifty 50 plummeted by 1.56%, marking its lowest close for the fiscal year. The BSE Sensex also dipped by 1.48%, leading to significant market capitalization losses.
Global Market Today: Asian shares mixed as surging oil, Treasury yields weigh
Equity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S
Indias IPO pipeline swells despite muted equity market
India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. In contrast, the secondary market has experienced notable declines in equity indices. While foreign investor interest in listed stocks has dwindled, they remain active in the IPO space. Several leading companies have successfully gone public, contributing to the primary market's resilience.
Buzzing stocks: Tata Group, Anupam Rasayan, HCLSoftware, IRFC, NCC, Pidilite and others in focus
Corporate restructuring, strategic acquisitions, new partnerships, major project orders, fleet expansion and renewable-energy capacity additions marked a busy day of announcements from Indian companies
Quick-commerce crunch forces D2C food brands to widen offline trade
As dark stores limit space for new launches ahead of the festive season, D2C food brands are turning to B2B marketplaces to build a presence in neighbourhood stores and supermarkets.
D-St set for a cautious opening as GIFT Nifty signals muted start
Indian benchmark indices opened the week with the Nifty index declining amid widespread selling pressures. Analysts indicate that a break below 22,700 could lead to intensified selling, potentially dragging the index towards 22,400. Meanwhile, the India VIX rose 12.1% to reflect increased market fear levels. Foreign portfolio investors net sold shares worth Rs 5,353 crore, while domestic institutional investors were net buyers at Rs 5189 crore.
Stocks in news: Tata Group, ITC, IRFC, NCC, Zydus Lifesciences and JSW Energy
The Indian equity markets faced a significant downturn, with benchmark indices slipping past vital support thresholds. The Nifty 50 saw a decline of 360.25 points, reflecting increased investor anxiety. Key players like Tata Group, ITC, and Indian Railway Finance Corporation draw attention following recent news. Analysts suggest that if the market falls further below these critical levels, the correction may continue.
Ten-year bond yield hits 7.19%, highest in two years
Yields on the 10-year benchmark government bond have increased to their highest level since April 2024. The rise in yields follows a surge in oil prices and higher global yields. The Reserve Bank of India is taking measures to manage liquidity in the banking system with open market operations. Traders are experiencing losses due to rising yields impacting previously purchased bonds.
Sebi clears Gautam, Vinod Adani of MPS norm violation, imposes penalties on others
Securities and Exchange Board of India has cleared Gautam Adani and family of MPS violations accusations. While it imposed a penalty of 20 lakh each on two individuals for misinformation. The cases involve Adani Enterprises, Adani Power, Adani Ports and Special Economic Zone, and Adani Energy Solutions. Sebi found insufficient evidence linking the Adani family effectively controlling certain foreign investments.
Gold, silver tumble; festive buyers wait
Gold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures dropped significantly, while gold futures also experienced a notable decline on the MCX. The current correction in prices has made buying more affordable, but customers remain hesitant. Jewellers indicate that purchases typically happen in a rising market rather than a falling one.
US stocks: US market falls as higher oil prices, Treasury yields weigh
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential Iran war peace deal negotiations. Federal Reserve officials hinted at possible interest rate hikes if inflation continues to rise significantly. Nvidia shares surged after announcing a record $150 billion share buyback, while Tesla shares dropped after a lowered price target.
HCLTech To Buy Robotiq.ai For Enterprise RPA Expansion
HCL Technologies' software division, HCLSoftware, is set to acquire Croatia-based enterprise RPA provider Robotiq.ai for 9 million euro. This strategic acquisition aims to enhance HCLSoftware's AI-driven workflow capabilities and automate tasks in complex business environments, with the deal expected to close by November 2026.
Gold tumbles 4% to seven-week low as oil, dollar and yields climb
Gold fell sharply as rising oil prices heightened inflation concerns and strengthened expectations for tighter monetary policy. A firmer dollar and increasing Treasury yields contributed to the decline in gold prices. Spot gold reached its lowest level since early August, settling significantly lower than previous trading sessions. Other precious metals such as silver, platinum, and palladium also experienced notable declines in their prices.
8th Pay Commission: The official terms of reference outline what central government employees and pensioners can expect from the panel. We will likely get official recommendations sometime next year.
CCI clears MetLifes acquisition of additional PNB MetLife stake
The Competition Commission of India has cleared MetLife International Holdings acquisition of an additional 0.5% stake in PNB MetLife India Insurance through the green channel route. The transaction involves 10,247,348 shares acquired from Jammu & Kashmir Bank, taking MetLife Internationals holding from about 49.73% to 50.23% without changing joint control.
IRDAI pushes LIC, SBI Life to seek further cost efficiency
Insurers like Life Insurance Corp and SBI Life need to improve cost efficiencies under new regulatory guidelines. The proposals suggest lowering the expense of management limit from around 16% to 12.5% within five years. While larger insurers are compliant, they must reduce their efficiencies further. Smaller players might gain market share if they enhance their operations as well. The overall goal is to increase efficiency and value for policyholders.
Sectoral mutual funds have seen a sharp divergence in returns over the past two years, with some sectors delivering strong gains while others slipped into the red. Here's what drove this divergence, and what should investors consider before making sectoral bets.
From 1 October, households need biometric Aadhaar verification to keep accessing LPG subsidies, affecting 14.2 kg refills. Also, revised NPS charges and changes to ATM transactions for SBI customers will be implemented.
Bank strike deferred: Check if banks across India, including State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Yes Bank and the cooperative banks will remain open on Tuesday-Wednesday i.e. 29-30 October.
Motilal Oswal Private Wealth has suggested a 50:40:10 allocation across mid- and small-cap, hybrid, and large-cap, and global equity funds. It favours lump-sum investments in hybrid funds and a staggered approach for pure equity funds over the next 23 months.
Inflows into gold ETFs continue to be positive for 10th week in a row
But outflows matched investments last week, with US investors choosing to exit
4 Adani group companies settle public shareholding violations case with Sebi. Check details
Adani Enterprises and three other companies have settled with Sebi over minimum public shareholding violations. The total settlement amount paid by the companies and directors is Rs 1.48 crore. Sebi initiated its investigation after receiving complaints in 2020 regarding non-compliance with public shareholding requirements. The proceedings were settled without admitting or denying the violations alleged in the show-cause notices. Sebi has concluded its enforcement action against the applicants post-settlement.
India's Russian Crude Imports at 5-Month Low
India's Russian crude oil imports reached a five-month low in September, dropping to 1.75 million barrels per day, as Indian refiners strategically diversify their energy supplies amidst evolving geopolitical landscapes and robust domestic demand, according to ship tracking data.
Paramount rolls out $44 billion bond sale to fund Warner Bros. takeover
Paramount Skydance Corp. has initiated the sale of over $44 billion in bonds to fund its acquisition of Warner Bros. Discovery Inc. Following legal settlements, the company can proceed with the financing, which includes various debt tranches. The bond issuance is expected to be one of the largest corporate high-yield deals recorded. Initial pricing discussions have indicated a yield in the low-9% range for the long-term bonds.
Sebi finds no evidence Vinod Adani controlled FPIs, drops Adani MPS case
Sebi said there was no evidence of Vinod Adani directing the management or policy decisions of two FPIs that invested in listed Adani group companies.
MetLife stake deal deemed approved; Bain and Olin proposals await CCI review
MetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing it under the green channel. CCI is also examining Bain Capitals investment in Millennia Realtors and the RMZ group.
Credit card debt: Can banks ask families to repay it after a cardholder dies? What if theres no will? Read out to find out.
Tax audit reports are filed using Form 3CA-3CD or 3CB-3CD, but the choice depends on specific conditions. With the deadline extended to 21 October, taxpayers should know which form applies to them and what they should do if they make an error.
Sebi's investigation into Vinod Adani's control over offshore investments in Adani group companies has concluded. The regulator found insufficient evidence to support allegations of minimum public shareholding violations. Vinod Adani was not proven to have effective control over certain foreign portfolio investors. Relationships among parties involved did not demonstrate direct control or influence over investment decisions. Consequently, the case against Vinod Adani was closed due to lack of definitive evidence.
Sebi allows Adani, four group firms to settle public-float violations
Gautam Adani and four companies in the Adani Group have settled regulatory violations with SEBI. The settlement involved a payment of 14.82 million rupees to address minimum public float rules. SEBI had previously accused the group of failing to comply with shareholding disclosure requirements. While investigations continue regarding stock price manipulation, the companies are not mandated to make corrective disclosures.
Ola Electric Board approves rights issue of up to 1,000 crore
The company said existing shareholders, including retail investors, will be able to participate through the proposed rights issue.
Augment Infrastructure sells 7.25% Clean Max stake for 1,096 crore
HSBC Mutual Fund, ICICI Prudential Life Insurance and Goldman Sachs bought a combined 2.24 per cent stake in Clean Max
