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Indian equities ended mixed on Thursday, with the Sensex declining marginally while the Nifty gained 0.23%. HDFC Life, Tata Motors PV and SBI Life led Nifty gainers, while ONGC, Titan and HDFC Bank were among the top laggards. Broader markets recovered, with midcap and smallcap indices gaining up to 1%.
Godrej Wealth plans mutual fund business, targets 1 lakh crore AUM by 2031
The wealth management arm of Godrej Industries Group is expanding its offerings, targeting affluent and HNI clients through a broader investment platform.
Investors should assess if F&O trading works: Sebi chief Tuhin Kanta Pandey after heavy losses
Sebi Chairman Tuhin Kanta Pandey said regulatory measures have helped reduce aggregate F&O losses, but individual traders continue to lose money. Sebis latest study showed individual traders net losses fell to Rs 91,685 crore in FY26 from Rs 1.12 lakh crore in FY25, while 88% still reported losses.
Ashish Kacholia, Vikas Khemani to get Venus Pipes shares in preferential issue; stock jumps 9%
Venus Pipes and Tubes shares jumped 9% after the company proposed a Rs 372 crore preferential issue to marquee investors including Ashish Kacholia, Carnelian Bharat Amritkaal Fund and WhiteOak Capital-linked entities, with most proceeds earmarked for debt repayment.
Indias anti-AI trade hides 42 AI-enabler stocks that rallied 60% already: Goldman Sachs
Indias Nifty has declined 12% in 2026, but Goldman Sachs basket of 42 AI enablers has surged 60%. Power, data centres and semiconductor companies are driving gains, supported by earnings growth, rising capex and increasing corporate focus on AI infrastructure.
Mint Explainer | India has new rules for online shopping. Will consumers truly benefit?
New rules taking effect January 2027 target discount claims, search rankings, sponsored listings and dark patterns on e-commerce platforms.
Rupee ends flat as RBI intervention, portfolio flows blunt Fed hike impact
The rupee closed at 95.93 against the dollar, barely changed from Wednesdays close at 95.9550
Fed rate hike, falling oil prices spur stock market rally: Whats ahead?
Futures for the S&P 500 rise 0.7%, while those for the Nasdaq 100 climb 0.8%
HCLTech Pulse Unit Targets USD 400 Billion AI Opportunity
HCLTech has launched 'HCLTech Pulse', a new business unit designed to help enterprises with annual revenues between USD 500 million and USD 5 billion accelerate their adoption of artificial intelligence and modernise their technology infrastructure, targeting a USD 400 billion global market opportunity.
Tata group shares rise after reports of fresh term for Chair Chandrasekaran
Major Tata group stocks rose between 0.15% and 5%, led by Tata Investment Corp. Tata Motors Passenger Vehicles rose 5%, while Tata Motors climbed 3%
Gold jewellery sector seeks MDR exemption on high-value UPI transactions
S Abdul Nazar, State General Secretary of the Kerala Gold and Silver Merchants Association, said it would particularly impact small and medium enterprises
Tata Sons board reappoints Chandra as chairman for five years
The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.
Emami announces share buyback worth Rs 282 crore at 29% premium. Here's what you need to know
Emami announced a Rs 282 crore share buyback at Rs 475 per share, offering a premium to the previous close. The FMCG company will repurchase up to 59.36 lakh shares through the open market, marking its first buyback since 2023.
Coal ministry launches 16th round of commercial coal mine auctions
The latest auction round covers fully and partially explored mines across eight States, as the government seeks wider participation in coal mining.
Mutual funds have live NAVs. Is checking them too often hurting investors? Radhika Gupta explains
Radhika Gupta, Edelweiss Mutual Fund CEO, cautions investors against checking mutual fund NAVs and stock prices too frequently. Constant access to live data can amplify perceived volatility and shorten investment horizons. She advises evaluating investments according to their intended time frame, particularly long-term equity funds, rather than reacting to daily market movements.
Tata group stocks surge up to 14% as N Chandrasekaran gets 5-year extension
Tata Sons board approved extension of N Chandrasekaran's term as the executive chairman for another 5 years.
Rentomojos stock market debut has turned into a major windfall for early investors, with Nazara Technologies founder Nitish Mittersain set to clock a 152X return on his investment based on the IPOs upper price band. Several other early backers, including Accel India, Madison India and Rajeev Chitrabhanu, are also poised to unlock multi-fold gains following the companys listing on Thursday.
Public Sector Banks amalgamation: Govt fact-checks viral claim on SBI, PNB, BoB. Here's what it says
A document circulating on social media claimed that the central government had notified a scheme for the amalgamation of Public Sector Banks. It was fake.
How UPI Rewired India's Money Story
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
Tata Sons has granted Chairman N Chandrasekaran a five-year extension, setting the stage for the long-awaited initial public offering of the group. This announcement spurred a surge in several Tata group stocks, particularly Tata Chemicals and Tata Investment Corporation, which experienced significant price increases. This development follows the Reserve Bank of India's decision to deny the company's request to remain privately held.
India Glycols Ltd leads losers in 'A' group
Alok Industries Ltd, Aditya Infotech Ltd, KRN Heat Exchanger and Refrigeration Ltd and PB Fintech Ltd are among the other losers in the BSE's 'A' group today, 17 September 2026.
Bandhan Small Cap Fund attracted 2,187 crore in August, the highest inflow among small-cap schemes, as it reshuffled several existing holdings and added four new stocks. Cyient, P N Gadgil Jewellers and Strides Pharma were among the stocks where holdings increased.
RBI withdraws $5.2 billion via first net open market debt sale in 9 years
The central bank has absorbed cash equivalent to nearly 0.2% of total deposits in the banking system
EPFO WhatsApp channel join guide: How to follow it and what PF members get
EPFO has launched an official WhatsApp channel for sharing provident fund, pension and scheme-related updates. Heres how members can follow the channel and which services still require the EPFO portal or UMANG app.
Sensex, Nifty trade in positive terrain; pharma shares snap 5-day losing streak
The Feds indication of another rate hike in 2026 is likely to keep investors cautious, particularly in rate-sensitive and foreign-portfolio-investment-driven segments. However, buying interest in select domestic sectors provided some support, the Nifty hovered above the 23,250 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction.
Sitharaman: GST Council to take up process reforms, digital economy tax
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
Yatharth Hospital surges after Advent International invests Rs 3,150 crore for 24.9% stake
Yatharth Hospital and Trauma Care Services jumped 8.97% to Rs 1071 after the company said that it has entered into a definitive agreement with Advent International to invest Rs 3,150 crore of primary capital in the company.
India's new UPI fee could create a 270 billion annual revenue pool by FY28, with banks expected to capture the biggest share. SBI, Axis Bank and Yes Bank are among those likely to benefit as charges on larger UPI transactions begin from October 15.
Sonaselection IPO gets 'Neutral' rating from analysts on cash flow concerns
Sonaselection India IPO is a book-built issue worth 141.57 crore. The issue comprises an entirely fresh issue of 1.43 crore equity shares.
How Fed rate hike can impact Bitcoin and other crypto investors
The Feds rate hike could keep pressure on Bitcoin and other cryptocurrencies by raising the appeal of safer assets and limiting cheap funding. ETF outflows, tighter liquidity, inflation risks and potential further hikes may shape investor demand. For Indian investors, currency movements add another layer to Bitcoins dollar-price volatility.
Anarocks H1 2026 survey shows homebuyers remain committed to residential property despite rising prices, with growing preference for larger homes, premium housing, new launches and established developers, while resale and rental potential are gaining importance.
SEBI F&O settlement tweak may cut reliance on closing auction, says Kotak
Brokerage says blended 40-minute trade pool could help, but cash-market depth still needed to make CAS robust
GIFT City moves up 9 places to 37th globally, ranks among Asia-Pacific top 15
GIFT City has surged nine positions to secure the 37th spot in the Global Financial Centres Index, marking a significant achievement for India as it joins the top 15 financial hubs in the Asia-Pacific region. With its FinTech ranking also improving by three places to 26th globally, this leap underscores the city's commitment to enhancing its financial services ecosystem and integrating technology.
Silver futures decline to 2.34 lakh/kg
On the Multi Commodity Exchange, silver contracts for December delivery declined by 476, or 0.20%, to 2,34,310 per kg in a business turnover of 12,785 lots
Global Market: Eurozone bond yields edge higher after Fed rate hike
The eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term yields increased, while the 10-year yield remained near a 17-year high. Rising oil and gas prices are also raising concerns about renewed ECB rate hikes, with markets pricing further increases amid persistent inflationary pressures.
Gold futures decline to 1.52 lakh/10gm
On the Multi Commodity Exchange, yellow metal contracts for October delivery traded lower by 398, or 0.26%, at 1,52,072 per 10 grams in a business turnover of 8,493 lots
August witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27 asset management companies. Leading the charge, ICICI Prudential Mutual Fund cut back its cash by Rs 4,314 crore. In contrast, both Bandhan and Kotak Mutual Funds chose to expand their cash positions, while six AMCs collectively held cash portfolios surpassing Rs 10,000 crore.
Michael Burry has a new short-selling partner. Who is Lakshmi Ganapathi?
Michael Burry has joined Minerva Investment Management as a senior adviser, partnering with Unicus founder Lakshmi Ganapathi to launch a short-biased investment fund. Ganapathi, who founded Unicus Research in 2020, has built a career in short-selling and investment research. Burrys latest move comes amid his renewed warnings over AI-driven market valuations.
SEBI Chief: No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns
SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.
Global Market: Bank of England seen holding rates as UK inflation climbs
The Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher fuel and energy costs linked to the Iran conflict are intensifying price pressures. Policymakers will monitor wages and domestic inflation, while markets anticipate possible rate hikes later.
22, 24 carat Gold prices down across other cities on September 17
Tax audit filing deadline 2026: CA bodies seek extension to October 31, what taxpayers should do
The September 30, 2026 deadline for filing tax audit reports for AY 2026-27 is nearing, while several CA and tax professional bodies have asked the government to extend it to October 31. No CBDT extension has been announced yet.
22, 24 carat Gold prices down across metro cities on September 17
A glimpse into the future of trusted commerce and payments at Visa's booth during #GFF26
Will raise my India allocation once semiconductor stocks peak: Chris Wood
Over a five- or 10-year view, if I were an Indian mutual fund investor, it makes sense to allocate half of your inflows into small- and mid-cap funds, Wood said.
Global Market: Fed rate hike signals tougher road ahead for stocks, bonds
The Federal Reserve raised its benchmark interest rate by 25 basis points, prompting investors to reassess the outlook for further tightening. Higher Treasury yields, persistent inflation and uncertainty over future rate moves could keep pressure on equities and fixed-income markets.
No proposal from NSE seeking approval for trading on its own platform: SEBI chief
SEBI Chairman Tuhin Kanta Pandey also said such trading cannot be permitted at present.
Emami jumps 7% as board approves share buyback worth 282 cr
Emami's board approved a share buyback for an aggregate amount not exceeding 282 crore at a price not exceeding 475 per equity share, via the open market through the stock exchange mechanism.
Gold merchants association proposes 2,000-crore jewellery park in Keralam
KGSMA says the proposed project is expected to attract an investment of more than 2,000 crore and would require around 30 acres of land
Emami rallies after board approves share buyback at Rs 475 per share
Emami rallied 4.14% to Rs 384.75 after the company's board approved a share buyback through the open market at a maximum price of Rs 475 per equity share, aggregating up to Rs 282 crore.
Alkem Laboratories Ltd spurts 2.36%
Alkem Laboratories Ltd is quoting at Rs 5297, up 2.36% on the day as on 12:49 IST on the NSE. The stock is down 3.33% in last one year as compared to a 8.21% drop in NIFTY and a 17.44% drop in the Nifty Pharma index.
Prime Focus Ltd soars 3.06%, up for third straight session
Prime Focus Ltd is quoting at Rs 330.25, up 3.06% on the day as on 12:49 IST on the NSE. The stock is up 74.15% in last one year as compared to a 8.21% fall in NIFTY and a 6.32% fall in the Nifty Media index.
Tata Motors rises on proposal to raise prices of commercial vehicles
Tata Motors advanced 1.84% to Rs 431.90 after the company announced a price increase of up to 1% on its range of commercial vehicles, effective 1 October 2026.
Precision Wires India commences trial production of copper cathodes at Zaroli plant
Commercial Production is expected to start shortly in Q3 FY 2026-27 subject to receipt of all the final regulatory approvals, Sanctions and permissions.
Global Market: China broadens Yuan FX clearing in push for global currency use
China has expanded yuan foreign-exchange clearing to include the Singapore dollar, New Zealand dollar and Thai baht, as Beijing seeks to widen the currencys international use. The move strengthens clearing infrastructure for yuan transactions, supports greater liquidity and facilitates direct trading and settlement with a broader range of global partners.
India must prioritise 'speed of doing business': CII President
India needs to move beyond ease and cost of doing business and focus on the speed of doing business as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.
The Rs 22,569 crore NSE IPO was subscribed 22% in the early hours of Day 1, with the retail portion seeing 24% subscription. The grey market premium stood around 9%. Brokerages remain positive, citing NSEs market leadership and strong profitability, while cautioning investors about its valuation, regulatory risks and derivatives dependence.
Fed hike impact: What 25 bps rate increase means for market & FII flows
In line with expectations, the Fed raised rates by 25 bps, with policy signalling that this cycle will continue.
NSE IPO bid details: Offer booked 0.26 times so far on day 1; GMP at 8%
The NSE opened for subscription today (September 17) and will remain open till Monday, (September 21). The exchange has set a price band of 1,700-1,785 per share.
Turtlemint trails IPO price by 10%, but MOFSL sees a turnaround; here's why
MOFSL has set a target price of 180 on Turtlemint Fintech Solutions, implying an upside of around 41 per cent from the previous close of 127.74.
Kanohar Electricals shares rocket 36% in two days after IPO debut. Buy, sell or hold the stock?
Kanohar Electricals shares surged on Thursday, extending gains for a second session and rising 36% above its Rs 632 issue price. The Rs 1,055.74 crore IPO was subscribed 90.59 times, led by 215.37x subscription in the QIB category.
Precision Wires commences trial production of copper cathodes at Gujarat units
Precision Wires India said that it has commenced some trial production of copper cathodes at its copper refining/recycling plant located at Zaroli, Gujarat.
How UPI MDR could undermine the economics of low-cost investing
The argument that the cost of innovation needs money doesn't really warrant a percentage of transaction. Technology costs should come down as transactions grow.
Jindal Supreme IPO Day 2: Issue subscribed over 12.5x, GMP at 27% Should you subscribe?
The Jindal Supreme IPO has attracted strong Day 2 demand, with overall subscription reaching 12.53 times and retail subscription at 19.13 times. Its GMP stands at Rs 25, suggesting positive unofficial market sentiment. The Rs 124.88 crore issue closes September 18. The proceeds from the issue will primarily repay debt.
Sensex gains 282 pts; metal shares advance
At 12:25 IST, the barometer index, the S&P BSE Sensex jumped 281.77 points or 0.38% to 74,618.22. The Nifty 50 index added 128.70 points or 0.55% to 23,346.30.
Neogen Chemicals surges after raising nearly Rs 600 crore via QIP issue
Neogen Chemicals jumped 6.73% to Rs 2456.95 after the company has announced the successful completion of qualified institutions placement (QIP) for the equity shares of the company, raising an aggregate of approximately Rs 599.99 crore.
Coforge named Leader in AI-Enabled Cloud Infrastructure Management Services
In NelsonHall's 2026 NEAT report
Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally?
Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price. The introduction of MDR on select high-value UPI transactions could create a new revenue stream for the fintech, while merchant lending, operating leverage and AI initiatives offer additional growth avenues.
Indian equities are better positioned to withstand global rate shocks due to strong domestic liquidity, but expensive mid- and small-cap stocks remain vulnerable to rising US yields and earnings disappointments, says YES Securities Amar K Ambani. He expects quality smaller companies to deliver alpha but stresses the need for greater selectivity.
Fortis Healthcare challenges forensic audit order in Supreme Court
Hospital chain Fortis Healthcare has filed a special leave petition in the Supreme Court against a Delhi High Court order directing a forensic audit into the alleged erosion of assets by its former promoters, Malvinder and Shivinder Singh, during enforcement proceedings initiated by Japanese drugmaker Daiichi Sankyo.
RIR Power Electronics soars on SiC semiconductor facility progress in Odisha
RIR Power Electronics surged 10.55% to Rs 199.10 after the company announced the completion of installation of silicon carbide (SiC) epitaxial wafer manufacturing reactors at its semiconductor facility in Bhubaneswar, Odisha.
Suratwwala Business Group Ltd leads gainers in 'B' group
Asian Star Company Ltd, Kanohar Electricals Ltd, S.M. Gold Ltd and Astec Lifesciences Ltd are among the other gainers in the BSE's 'B' group today, 17 September 2026.
Global Market: China, Hong Kong markets slip as Fed signals more rate hikes
China and Hong Kong stocks fell on Thursday after the US Federal Reserve raised interest rates by 25 basis points and signalled another hike could come this year. Rate-sensitive sectors, including gold, non-ferrous metals and property stocks, came under pressure as investors reassessed the outlook for global borrowing costs and higher-for-longer rates.
HDFC Bank shares dip below 716; Stock hits day low
The stock ended at 721.50 on Wednesday and moderated between 713.10 and 719.05 during Thursdays session
SGB 2019-20 Series IV redemption today at 15,173: 1 lakh investment grows to nearly 3.95 lakh
SGB 2019-20 Series IV investors can prematurely redeem their bonds at 15,173 per gram on September 17, 2026, taking the value of a 1 lakh online investment to about 3.95 lakh, excluding interest. The bond has delivered a 295.13% absolute gain on the discounted issue price.
BSE SME Infrax Renewable trades flat after debut
Infrax Renewable traded at Rs 104 on the BSE, matching the issue price of Rs 104.
Dollar index hovers around seven-week high as Fed executes rate hike; sees more tightening ahead
The dollar index is seen well supported around 100 mark on Thursday morning in Asia after US fed went ahead and raised benchmark interest rate for the first time in three years. The Federal Open Market Committee (FOMC) voted unanimously to lift the benchmark federal funds rate to a range of 3.75% to 4.0% on Wednesday. It was the US central banks first rate hike since July 2023. Fed Chair Kevin Warsh restated his concerns over inflation and flagged further increases in borrowing costs in the coming months. Among basket currencies, EUR/USD and GBP/USD are trading relative flat at $1.1511 and $1.3390 respectively.
Venus Pipes jumps 7%, hits 52-wk high on fund raise nod for debt repayment
Venus Pipes Share: Venus Pipes' board approved a preferential issue of 2.23 million equity shares at 1,670 per share, with proceeds from the fund raise primarily earmarked for debt repayment.
Rentomojo shares jump 9% after listing at 19% premium over IPO price. Can the debut-day mojo last?
Rentomojo shares surged 9% after a strong debut, taking gains to 30% above the IPO price. The stock listed at a 19% premium and rallied to Rs 526.70 within an hour. While analysts see long-term potential, they have flagged valuation concerns and advised caution after the sharp listing-day gains.
Government cuts export duty across the board on petrol, diesel and jet fuel
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India remains firmly committed to ensuring energy security for its 1.4 billion people, and it will continue to do so through diversified sourcing, the Ministry of External Affairs (MEA) said on Thursday while reacting to the US' Russia sanctions legislation. The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act that authorizes President Donald Trump to impose sanctions on Russia and steep tariffs on its trading partners such as India and China in the oil and gas sector.
Syrma SGS Technology Ltd leads gainers in 'A' group
Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Yatharth Hospital & Trauma Care Services Ltd, Tega Industries Ltd and HBL Engineering Ltd are among the other gainers in the BSE's 'A' group today, 17 September 2026.
Is Baleno The Most Tech-Loaded Premium Hatchback Yet?
The updated Maruti Suzuki Baleno redefines the premium hatchback segment in India with its aggressive new look, advanced Level 2 ADAS features, and a more fuel-efficient Z series petrol engine, catering to the evolving demands of tech-savvy car buyers.
Want Rs 1 crore for your childs education in 18 years? See how a Rs 20,000 monthly SIP can help
Want to build a Rs 1 crore corpus for your childs higher education in 18 years? An investor with a moderate-to-high risk appetite can achieve this goal with a Rs 20,000 monthly SIP, assuming a 9% long-term return. An expert recommends a diversified equity portfolio initially, followed by a gradual shift towards safer investments during the final three years to protect the corpus.
A-One Steels fixes price band for Rs 405-crore IPO opening on September 24
A-One Steels IPO has fixed its price band at Rs 385-405 per share and will open for subscription on September 24. The Rs 405 crore issue comprises a fresh issue and OFS, with proceeds primarily earmarked for repayment of outstanding borrowings.
Barometers trade sideways; auto shares rally for 2nd day
The Feds indication of another rate hike in 2026 is likely to keep investors cautious, particularly in rate-sensitive and foreign-portfolio-investment-driven segments. However, buying interest in select domestic sectors provided some support. The Nifty traded near 23,290 mark. Market participants are likely to track currency movements, US bond yields and foreign fund flows for further direction.
NSE SME Vinod Texworld struggles to weave gains on debut
Vinod Texworld traded at Rs 89.30 on the NSE, a 5% discount to the issue price of Rs 94.
Juniper Hotels shares rise 2% on proposed Rs 248 crore acquisition of Novotel Imagicaa
Juniper Hotels shares rose on Thursday after the company proposed acquiring the operating Novotel Imagicaa hotel in Maharashtra for Rs 248 crore. The 287-key property, located in Khopoli, spans around 11 acres and includes restaurants, banquet and meeting facilities. The acquisition is aimed at expanding Junipers presence in the Mumbai-Pune corridor.
Windfall levy on petrol, diesel and jet fuel lowered
The SAED along with road and infrastructure cess on export of diesel is now 20 per litre; SAED on export of ATF is set at 15/litre; Duty on petrol exports has been slashed to 0.5 per litre
Sensex rises 200 points, Nifty above 23,300 despite Fed rate hike. Why bears may be ready to pounce
Sensex and Nifty extended gains despite the US Federal Reserves first rate hike in three years, supported by broad-based buying outside the IT sector. Analysts remain cautious as elevated bond yields, FII selling, rupee weakness and geopolitical risks could fuel volatility.
