29 C 
RBI said to conduct at least $10 billion FX swaps to drain cash
RBIs recent swaps reflect the scale of cash surplus the central bank is currently tackling
Macquarie initiates coverage on NSE with Outperform, sets 1,965 target price
The brokerage views NSE as The Dominator, citing its leading market share and power
Elevate Campuses IPO Day 2: GMP, subscription status and key details. Should you subscribe?
Elevate Campuses IPO entered its second day of bidding today with a modest 1% premium in the grey market. The Rs 2,100-crore entire fresh issue saw 20% overall subscription on Day 1. Analysts recommend subscribing for the long term, citing strong earnings growth and a dominant market presence.
Gold and silver prices in India dropped slightly during early trading hours on Thursday. Check retail rates of the precious metals in top metro cities of the country.
Why PB Fintech, SBI Life, HDFC Life, other insurance stocks could face pressure on Thursday
IRDAI has proposed insurance distribution reforms, including a ban on dark patterns, lower Expense of Management limits and greater commission transparency. The changes could affect customer acquisition costs and distribution economics for insurers and insurance platforms.
TCS becomes Jaguar TCS Racing's Official AI Partner
Tata Consultancy Services (TCS) and Jaguar TCS Racing today announced a multi-year extension of their title partnership, strengthening a collaboration that has helped deliver success on track while accelerating innovation in electric mobility.
In this episode of ETMarkets Smart Talk, Sachin Shah, Executive Director and Fund Manager at Emkay Investment Managers, decodes the four-way interaction between the Fed, dollar, crude and rupeeand explains what it could mean for Indian equities, capital flows and valuations.
Adroit Industries IPO Day 2: GMP at 25%, subscription reaches 5.18 times. Should you subscribe?
Adroit Industries IPO enters its second day of bidding with strong investor interest, commanding a 25% premium in the grey market. The Rs 150.71-crore issue was subscribed 5.18 times on Day 1. Analysts suggest considering the issue from a long-term investment perspective given its vertically integrated operations and strong exports.
Stock Alert: Avantel, IOL Chem, Concord Biotech,ESAF SFB, NSE
Kaynes Tech, LIC Housing Finance, Manappuram Finance, SAIL barred from F&O trading on 24 September 2026.
Winsome Yarns reports standalone net loss of Rs 3.32 crore in the June 2026 quarter
Reported sales nil
Board of Aditya Birla Renewables allots 23.15 cr equity shares to Grasim Industries
At meeting held on 23 September 2026
Power Grid acquires Barmer HVDC Power Transmission under TBCB route
Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 23 September 2026 acquired Barmer HVDC Power Transmission, the Project SPV to establish Inter-State Transmission system for the project namely Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-5: 6 GW) [Barmer Complex] Barmer-II: 6 GW (Solar) (LCC Configuration), on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - REC Power Development and Consultancy (RECPDCL).
Board of Bajaj Finance to consider fund raising proposals
On 01 October 2026
UltraTech Cement commissions 4.6 mtpa cement capacity
UltraTech Cement has commissioned 3.6 mtpa greenfield integrated capacity at Petnikota, Andhra Pradesh and also commissioned 1.0 mtpa through debottlenecking at the Company's existing cement plants at Visakhapatnam (Andhra Pradesh), Patratu (Jharkhand) and Nathdwara (Rajasthan).
NESO (a Lenskart subsidiary) acquires additional 2.77% stake in Le Petit Lunetier
NESO Brand, Singapore (NESO), a wholly owned subsidiary of Lenskart Solutions, on 23 September 2026, made a further investment of EUR 0.248 million (equivalent to approximately Rs 2.71 crore) and acquired an additional 2.52% stake through primary subscription in Le Petit Lunetier Paris SAS, France (LPL), which is a French eyewear brand and among the existing portfolio of eyewear brands sold by the company. LPL is an existing associate entity of NESO and an indirect associate of the Company.
GIFT Nifty points to weak start as rising US yields weigh on global markets
GIFT Nifty:
Varmora Granito IPO Day 3: Check GMP, subscription status and key details. Should you subscribe?
Varmora Granito IPO enters its third and final day of bidding today with a subdued response and zero GMP in the grey market. The Rs 708-crore issue saw 27% subscription on Day 2. Analysts maintain a subscribe rating based on strong FY26 earnings recovery and debt reduction plans.
With small-cap valuations turning more reasonable and earnings growth improving, Pratik Dharmshi, Fund Manager Equity at Union AMC, remains constructive on the segment. He recommends focusing on quality businesses with sustainable earnings potential, avoiding the chase for recent outperformers, and maintaining a 5-7 year investment horizon while staying mindful of liquidity and volatility risks.
Rupee faces pressure from oil, US yields; RBI deputy flags case for gains
The rupee is expected to open around 95.85-95.87 per dollar, traders said, down from its close at 95.74 in the previous session
NSE shares get The Dominator tag as Macquaries initiates coverage with Outperform ahead of listing
Macquarie initiated coverage of NSE with an Outperform rating and a Rs 1,965 target, citing its dominant market position, strong network effects, profitability and growth prospects. It expects 12% revenue CAGR through FY30, despite near-term CAS pressures. NSEs Rs 22,562-crore IPO was subscribed 5.71 times, with QIB demand strongest.
Fractal Analytics' Cogentiq CEO Matthew Gennone resigns
Fractal Analytics announced that its chief commercial officer and CEO of Cogentiq, Matthew Gennone, has resigned from the company, effective 22 September 2026.
IRDAI proposes new motor insurance rules: What could change for new car buyers
IRDAI has proposed changes to motor insurance distribution that could alter how new-vehicle buyers purchase insurance. It proposes digital purchase options through platforms such as Bima Sugam, tighter rules for motor dealers and lower commissions on mandatory third-party motor insurance.
JSW Steel Share Price Live Updates: JSW Steel Faces Downward Pressure
NSE Share Price & IPO Listing Live: Largest stock exchange set for market debut today
NSE IPO listing today, NSE share price live updates: Scroll down for more
Divis Labs Share Price Live Updates: Divis Labs Marks New 52-Week High
Tech Mahindra Share Price Live Updates: Tech Mahindra's Positive Trend Above 20-Day SMA
Oil prices edge lower as Iran signals openness to diplomacy to end US war
Brent crude fell 0.9% to $102.13 a barrel after a 4% rise a day earlier as Tehran reviews Washington's response to proposals on the Strait of Hormuz
Sonaselection India shares to list today: Check GMP ahead of debut
The Rs 141.57-crore IPO was offered in the price band of Rs 9499 per share and comprised entirely a fresh issue of 1.43 crore equity shares, with no offer-for-sale (OFS) component.
Moneyview IPO opens today: GMP signals 32% listing gains Should you subscribe?
The IPO will open on September 24, 2026, and close on September 28, 2026. The allotment is expected to be finalised on September 29, while the shares are likely to list on both the NSE and BSE on October 1, 2026.
SBI Share Price Live Updates: SBI Trading Volume Insights
Adani Ent Share Price Live Updates: Adani Enterprises Sees Price Drop Below Moving Average
The Rs 405 crore public issue is a book-built IPO comprising a fresh issue of 87.65 lakh shares worth Rs 355 crore and an offer for sale (OFS) of 12.35 lakh shares aggregating to Rs 50 crore.
NSE to debut in test of India investor faith in long-term growth
The National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO that raised $2.4 billion. Despite robust interest from institutional investors, retail participation has been less enthusiastic. Concerns over the exchange's valuation have left smaller investors feeling uneasy. Major institutional players are betting on NSE's ability to manage impending regulatory hurdles, while its stock's future movements will likely rely on forthcoming market supply.
NSE IPO Listing Live Updates: NSE shares to debut today: GMP points to 2% listing premium
SpectraA Technology Solutions is commanding a much higher grey market premium, while Kheria Autocomp is currently trading at a relatively modest premium in the unofficial grey market. GMP figures are unofficial and unregulated and may change before listing, so they do not guarantee the actual listing price.
3 SME IPOs to open for subscription today: Check issue size, price band, lot size and key details
The three IPOs aim to raise around Rs 133 crore from the primary market. Among them, Green Asia Impex IPO is the largest issue at Rs 60.10 crore, followed by Peshwa Wheat IPO at Rs 53.52 crore and Roopa Screen IPO at Rs 19.20 crore.
Stocks to watch: NSE, Exide Industries, Welspun Living, Max Estates, GHCL
NSE's shares will mark their stock market debut on BSE today, after the IPO was subscribed 5.71 times in the three-day bidding process.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's stock slips below key moving average
NSE set for trading debut as Indias biggest stock exchange, modest gains seen
The debut comes after strong demand for the offering, with investors now watching trading patterns and upcoming anchor investor lock-in expiries
NSE shares to list today: GMP signals 2% listing gains ahead of market debut
NSE IPO Listing time and GMP: The Rs 22,562-crore NSE IPO comprises entirely an offer for sale (OFS) of 12.64 crore shares. Since there is no fresh issue, NSE itself will not receive any proceeds from the IPO
Here's why Ajit Mishra is bullish on MCX, Apollo Hospitals; bearish on TCS
Stocks to buy today: The overall setup remains constructive, and MCX appears poised for the next leg of up move and potential new highs, says Ajit Mishra of Religare Broking.
Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets
The dollar continues to hold its ground due to robust manufacturing data, which has ignited concerns about inflation and possible rate increases. A poorly executed Treasury auction has led to climbing yields, bolstering the dollar's attractiveness. Both the euro and sterling have dropped to their lowest points against the dollar in two and three months respectively. With signs of potential overheating in the U.S.
Positive Breakout: These 12 stocks cross above their 200 DMAs
In the Nifty500 pack, 12 stocks' closing prices crossed above their 200-day moving averages (DMA) on September 23, 2026, according to StockEdge's technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. 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.
Nifty showing signs of trend reversal; buy the dips says Jatin Gedia
The Nifty closed in the green above the falling channel on Wednesday indicating signs of a trend reversal, says Jatin Gedia of Teji Mandi. The analyst is bullish on Indus Towers and South Indian Bank.
Home loan repaid but lender didnt return property papers? You can get 5,000/day compensation
The RBI mandates that lenders complete loan closure formalities, including returning documents, within a specified timeline after repayment. Here's when you can claim compensation.
Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.56.
NSE shares to debut today in test of investor faith in India's growth
The National Stock Exchange's 22,600 crore IPO was subscribed 5.7 times, but subdued retail demand and a 2-3 per cent grey-market premium point to a modest debut
Gold muted as investors weigh chances of further Fed rate hikes
Gold prices remained stable as investors focus on upcoming potential interest rate hikes by the Federal Reserve. US Treasury prices fell, which led to higher yields after encouraging economic reports were released. Rising inflation and a strong economy contribute to expectations of a rate hike before the national elections. Other precious metals like silver, platinum, and palladium experienced slight fluctuations in their prices.
Oil prices edge lower as Iran says it is open to diplomacy to end the war
Oil prices dropped after a previous increase, with Brent crude futures falling by 0.9% to $102.13. Iran expressed willingness for diplomatic discussions to resolve the ongoing US-Iran conflict which remains contentious. The reopening of the Strait of Hormuz was a focal point of indirect negotiations between the two nations. Meanwhile, US crude inventories reportedly rose by 3 million barrels last week, contrary to analysts' expectations.
Hot Stocks: 3 stocks that may give returns between 16-29%
Brokerages have initiated coverage on Tata Capital, Centum Electronics, and Clean Max Enviro Energy Solutions, assigning them buy ratings. This decision is underpinned by the potential for substantial appreciation in their stock prices, with forecasts suggesting returns of 16% to 29%. Analysts point to distinct growth drivers within their sectors, reflecting a favorable outlook on their future profitability and development.
Sensex today | Stock Market Live Updates: Stock to buy today: GNFC
Sensex, Nifty, Share Prices Live: The short-term outlook is bullish for Gujarat Narmada Valley Fertilizers & Chemicals (GNFC). The stock has been moving up very well over the last one week. There is resistance near current levels. But the momentum looks strong. So, there are high chances for the stock to surpass this hurdle.
Can Moneyview IPO deliver long-term growth for high-risk investors?
Moneyview, a digital lending platform, is planning a
Sebi working towards balanced derivatives market: Tuhin Kanta Pandey
In a recent statement, Tuhin Kanta Pandey, the chairman of the Securities and Exchange Board of India, outlined strategic initiatives aimed at stabilizing the derivatives market. He pointed out derivatives vital role in bridging cash and futures trades, while recognizing that most challenges arise from short-dated index options during expiry times.
AssetGro Fintech to file DRHP with Sebi for Rs 2,000-2,500 cr IPO
AssetGro Fintech is gearing up to file its draft IPO documents with Sebi by the end of September. With expectations to raise between
Airtel Money eyes London listing via secondary OFS
Airtel Africa is exploring the possibility of listing its financial services division, Airtel Money, on the London Stock Exchange. This secondary offer for sale could represent the largest listing in the UK since 2021. The International Finance Corporation plans to act as a cornerstone investor, providing existing shareholders a chance to exit during this process. The company seeks to engage both institutional and retail investors in the UK.
India's vending machine market is booming and it's not just snacks anymore
Kirana stores and small modern-trade outlets are exploring vending machines as an extension of their shops, letting them keep selling after closing hours.
15 global reinsurers likely to seek GIFT IFSC entry
GIFT IFSC reinsurance business surges as foreign reinsurers seek regulatory preference, lower costs and access to Indias growing insurance market.
D-Street braces for weak opening on negative GIFT Nifty cues
On Wednesday, Nifty saw a notable 0.5% rise driven by widespread buying activity. Analysts are optimistic about the future of Indian equities, pointing to global influences and fluctuations in crude oil as critical factors. The market's strength was further bolstered by substantial purchases from foreign institutional investors, although the rupee struggled against the US dollar due to a robust dollar and escalating crude oil prices.
Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies
Indian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs of potential de-escalation in West Asia and changing crude oil prices. The Nifty 50 and Sensex indices both increased after assessing recent corporate developments and strategic forecasts. Key stocks including Bharat Dynamics and NTPC are anticipated to remain in focus following significant announcements.
NSE debut may not set D-St on fire, sparks to come later
NSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around
WhiteOak Capital plans D-Street foray with Rs 1,500 crore IPO
WhiteOak Capital is gearing up for an initial public offering projected to raise
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields. Meanwhile, a spike in oil prices ensued following Iran's President's remarks at the UN, impacting overall market sentiment. Despite this, US business activity surged to remarkable levels, raising speculation about possible interest rate hikes by the Federal Reserve.
Irdai proposes sweeping reset of insurance distribution system
The Insurance Regulatory and Development Authority of India has proposed an overhaul of insurance distribution, including tighter Expenses of Management limits, a return to product-level commission caps, and a ban on compulsory bundling of insurance with loans by banks and NBFCs.
The expansion takes Accentures total leased area at the campus to 5.67 lakh sq ft, with the company expected to pay around 269 crore in rent over five years, according to property transaction data from Propstack.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities closed higher on Wednesday, with Sensex gaining 299 points and Nifty rising 118 points as crude prices eased below $99. Broader markets outperformed, while metals and banking stocks led gains amid stronger domestic growth signals and positive market breadth.
Market Trading Guide: Vijaya Diagnostic among 3 stock recommendations for Thursday
Indian equities ended higher despite volatility, with investors focusing on improving domestic growth momentum despite elevated crude prices and geopolitical risks. Three stocks are suggested by an expert citing bullish trends, improving momentum and breakout signals.
Central government salary and pension to be paid on 25 September ahead of three-day bank strike
The Ministry of Finance will disburse salaries and pensions for September 2026 on the 25th due to a nationwide bank strike from September 28-30. This affects Central Government employees and pensioners, including those in Defence and Posts & Telecommunications.
SBI Card has launched a new secured credit card linked to a fixed deposit, available for online applications via the SBI YONO platform in just 10 minutes, aiming to assist customers in building or enhancing their credit history.
Nidhi Aapke Nikat is the provident and pension fund body's last mile monthly outreach programme for members, under which it organises camps across India on a district level.
10-year US Treasury yields surges over 5.05% to 19-year high
The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal Reserve rate hikes. Rising yields intensified pressure on equities, particularly growth and technology stocks.
Sedemac Mechatronics block deal: HDFC Life, A91 to offload 10% stake worth Rs 1,329 crore
Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore. The reported Rs 3,000 floor price is below Wednesdays close, with shares subject to a 60-day lock-in.
US 30-year mortgage rate tops 7%, hits 2-year high
The average 30-year mortgage rate reached 7.12%, its highest since May 2024, marking a significant increase. This rise follows the recent Federal Reserve interest rate hike aimed at controlling inflation. As borrowing costs climb, refinancing and home purchase applications have decreased significantly. The surge in rates has resulted in more borrowers opting for adjustable-rate mortgages. Elevated oil prices and inflationary pressures are contributing factors to the current housing market conditions.
The government has notified October 1 as the date from which contributions under the Employees State Insurance Act, 1948, will become payable in the areas covered by the order in Madhya Pradesh.
HSBC lifts STOXX 600 year-end target on stronger earnings outlook
HSBC has revised its target for the STOXX 600 index upwards to 680 points, driven by expectations of robust earnings growth. Additionally, the forecast for the FTSE 100 index has been adjusted to 11,390 points, buoyed by positive market trends. Enhanced business optimism and diminished geopolitical worries have supported this optimistic perspective for European equities. While Italy's market outlook was upgraded, France's forecast faced downgrading due to unfavorable projections.
Rupee snaps four-day winning streak, ends at 95.74 per dollar
The Indian rupee ended a four-day winning streak, weakening 15 paise to 95.74 per dollar as importer demand and broad dollar strength pressured the currency. Easing crude supply concerns offered early support, while markets increasingly priced in a potential RBI rate hike.
Motilal Oswal group secures licence for custodian services from SEBI
Motilal Oswal Custodial Services (MOCSPL), a wholly owned subsidiary of Motilal Oswal Financial Services (MOFSL), has received approval from the Securities and Exchange Board of India to act as a Custodian of Securities under the SEBI (Custodian) Regulations, 1996.
Sebi weighs lower margins for longer-term derivatives as F&O losses stay high: Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey said the regulator is examining whether margin requirements can be lowered for longer-term derivatives contracts. The move could support deeper markets while Sebi continues addressing high retail F&O losses and speculative short-term trading.
US stocks: US markets opens lower as oil, bond yields move higher
On Wednesday, Wall Street's primary indexes began the day on a downtrend as escalating crude oil prices dampened market sentiment.
Jagsonpal Pharmaceuticals to acquire wellness portfolio of Group Pharmaceuticals
Jagsonpal Pharmaceuticals has entered into a Business Transfer Agreement (BTA) with Group Pharmaceuticals (Seller) on 23 September 2026, for acquisition of the Wellness Portfolio of the Seller, on a going-concern basis by way of slump sale, subject to the terms and conditions contained in the BTA.
Cupid raises FY27 profit guidance, targets Rs 750 crore revenue; stock up 160% in 2026
Cupid Limited raised its FY27 guidance to Rs 725-750 crore revenue and Rs 210-225 crore net profit after strong June-quarter growth. Revenue rose 142% and profit 194%, while expansion in manufacturing, consumer distribution and international healthcare supports its medium-term growth plans.
Gold will likely be under pressure in Q4 on hawkish US Fed policy
Analysts see a firm dollar and elevated US real rates could constrain near-term upside for the precious metal
The biggest wealth strides in the M3M Hurun India Rich List 2026's top 100 were made by individuals from industrial and diversified businesses. And the biggest new entrant on the 2026 list is Renuka Jagtiani of Landmark Group, with wealth of 70,500 crore.
The rules spell out eligibility requirements, employee and government contributions, pension calculation, lump-sum benefits, minimum and maximum pension provisions, VRS rules and the process for switching from UPS to NPS.
Demat accounts to surpass combined population of Europe, Americas by 2047: NSDL
Sameer Patil highlights DMAT 2.0 launch at Global Fintech Festival, describes it as tokenisation of corporate bonds backed by Central Bank Digital Currency
Kotak Alts closes 5,000-crore fund, raised entirely from domestic investors
It will invest across private credit, real assets and selective growth opportunities, focusing on cash-flow-generating businesses and mid-to-large-sized enterprises
Muthoot Capital Services allots NCDs aggregating Rs 150 cr
On private placement basis
NSE shares to trade on MSE from Thursday
NSE shares to trade on MSEIs capital market segment under the Permitted to Trade category
John C Bogle's investment philosophy centres on simplicity: own less and stay patient. Check out these 5 money lessons from the book.
