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PNB to enter wealth management, boost credit card services
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
Gold prices rise to 1.52 lakh/10 gm on firm spot demand
On MCX, the yellow metal contract for the October delivery traded higher by 309, or 0.20% at 1,52,650 per 10 grams in a business turnover of 10,209 lots.
Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant
Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.
Equity MF Inflows Hit Four-Month High
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after market
Oracles latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy AI spending. The companys revenue backlog surged to $664 billion, while customer prepayments helped fund capital expenditure. Oracle shares rose 4% after market as investors gained confidence in its AI growth strategy.
Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentiment
China and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquidity and rising expectations of further US interest rate hikes. Mainland metal stocks led declines, while oil shares gained on stronger crude prices.
MSME Credit Gap: Digital Solutions Offer Hope
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
Retail algo trading in India is becoming more accessible as broker APIs, cloud infrastructure, AI-assisted coding and low-cost platforms lower technology barriers. Regulatory clarity is also helping formalise the ecosystem. While automation can make systematic trading easier to execute, experts warn that technology cannot replace robust strategies, testing and risk management.
Global Market: China state insurers, banks to raise up to $54 billion to bolster capital
Chinas Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financial stability. The recapitalisation comes as tighter solvency rules and falling bond yields pressure insurers, while Beijing encourages greater equity investments. Analysts expect a measured, rather than aggressive, increase.
Sebi Chief: Global Markets Faced Initial CAS Liquidity Issues
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
Is investing in stock market an art or science? What Peter Lynch says in 'One Up on Wall Street'
Legendary investor Peter Lynch believes successful stock-picking is more about logic than complex mathematics. In One Up on Wall Street, he explains why investors should ignore Wall Street noise, focus on company fundamentals and look for potential tenbaggers. Lynch also warns against relying on market predictions and investing without proper research.
SBICAP Securities partners with Appreciate for global market access via India INX GA, NSEIXGA
SBICAP Securities has partnered with Appreciate Broking IFSC to give retail investors regulated access to more than 8,000 US stocks and global ETFs through GIFT City. The platform offers single-KYC onboarding and fractional investing starting at $1.
The Nifty Midcap 150 has gained around 11% over the past year, outperforming the Niftys 6% decline. However, the gains have been uneven, with more than half of its constituents still in the red and some down as much as 70%. SKF India, KPIT Tech, Syngene International, RVNL, Tata Elxsi and Emami are among the notable laggards.
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: Association
Bank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily business worth Rs 5,500 crore. Employees demanded a five-day work week and improved pension benefits. Other demands included uniform dearness allowance and NPS option. This strike disrupted cash, cheque, and treasury-related financial activities.
Diamond Power Infrastructure exits NCLT mechanism
Prepay lenders Rs 501 cr in cash and Rs 1,900 cr in 30-year redeemable bonds
Gold on track for third weekly loss as US inflation data looms
Spot gold was down more than 2% for the week so far and up 0.3% for the day at $4,326.88 per ounce by 0020 GMT
Why is GameStop stock rising? Insider bets put GME in focus
GameStop shares gained after CEO Ryan Cohen bought 1 million shares in the open market. Strong collectibles sales, higher adjusted EBITDA guidance and improved profitability are adding to investor optimism despite a decline in overall revenue.
$4 billion CIO Nimesh Chandan spots 4 bullish signals for Indian stocks. What changed?
Indias stock market is poised for a broader recovery as four core cyclesmacroeconomics, corporate earnings, credit growth, and market sentimentalign positively. Nimesh Chandan, CIO of Bajaj Finserv AMC, highlights these improving indicators as a key foundation for sustained equity growth, provided earnings momentum continues and global market headwinds soften.
ITAT Delhi has ruled taxpayers can claim the full 25,000 Section 87A rebate against STCG tax under Section 111A for AY 2025-26, as the Finance Act 2025 restriction on special-rate income applies only from AY 2026-27 onwards.
India's BRICS play may have a payment plan with no hard cash
India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems and CBDCs to make cross-border transactions faster and cheaper. The story traces Indias opposition to a new BRICS currency, Trumps tariff threats, the RBIs push for CBDC interoperability, and the technical and trade hurdles that could stand in the way.
The other Hero comes to Dalal Street: A Munjal family story with a market twist
Hero Motors, the Munjal family-controlled automotive technology company, is set to enter Dalal Street with a Rs 1,000 crore IPO. The company, distinct from listed Hero MotoCorp, traces its roots to the Hero Group and has expanded into powertrain systems and components for global automotive and mobility customers.
NSE SME Qualiance International stitches strong debut
Qualiance International traded at Rs 236.10 on the NSE, a 85.91% premium to the issue price of Rs 127.
Paytm soars 4% in weak market, nears new high; stock up 90% from March low
Jefferies raises Paytm's earnings estimates for FY28-29 by 20-25 per cent to factor in 25bps MDR on UPI and raises the price target to 2,100 (from 1,600).
Us stocks dip for four seasons in row
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Neogen Chemicals launches QIP issue to raise funds amounting to Rs 600 crore
Neogen Chemicals announced that its fund-raising committee has approved the opening of a Qualified Institutions Placement (QIP) of equity shares aggregating up to Rs 600 crore.
SBI's 80 paise masterstroke: How NSE IPO could deliver Rs 2,850 crore jackpot and 2,23,025% return
SBI is set to potentially book a massive profit from the NSE IPO by selling up to 1.60 crore shares acquired at a weighted-average cost of just 80 paise each. At the upper price band of Rs 1,785, the stake sale could fetch around Rs 2,850 crore, implying a staggering 223,025% return.
ESDS Software Solution jumps 5%, extends 6-session rally; shares up 287% from IPO price
ESDS Software Solution shares extended their post-listing rally to six sessions, surging 287% from the IPO price. Strong issue demand, rising investor optimism around data centres and improved FY26 profitability have added momentum to the stock.
BSE shares fall 3% as rival NSE gets closer to mega IPO. More pain ahead?
BSE shares fell on Friday after rival NSE announced its Rs 22,662-crore IPO, with the issue set to open on September 17. Bernstein has an Underperform rating on BSE, citing moderating retail participation and potential peaking of market share gains in FY27. The stock remains sharply higher over longer periods.
Havells, KEI: W&C stocks fall up to 16% in one week post UltraTech's entry
Mayank Jain of Share.Market by PhonePe flags key support and resistance levels for wires & cables stocks - Polycab, Havells India and KEI amid market correction post UltraTech's 'Ultravolt' launch.
Rupee falls 27 paise to 95.79 against U.S. dollar in early trade
Forex traders noted that while record foreign exchange reserves, active RBI intervention, and strong domestic growth offer support, rising global yields and crude prices above $108 are significantly impacting countrys import bill
Advance tax deadline September 15: What happens if you missed the previous instalment payment?
Taxpayers missing the June 15 advance tax deadline can still pay owed amounts with interest. Missing deadlines may incur interest under Sections 234B and 234C of the Income-tax Act. Details here.
Gold ETF inflows jump 67% to Rs 2,596 crore in August. Why are investors piling in?
Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central bank buying, geopolitical risks and diversification benefits support golds medium-term outlook, its lower Sharpe ratio highlights its cyclical nature. Experts recommend treating gold as a portfolio diversification tool and maintaining an appropriate allocation rather than increasing exposure solely because prices have risen.
Oracle shares rally: Can strong AI demand sustain Oracles stock surge?
Oracle shares jumped after the company beat quarterly revenue and earnings estimates, while cloud infrastructure revenue more than doubled year on year. Strong AI cloud contracts and higher forecasts boosted sentiment despite concerns over massive capital spending.
Banking services hit as unions strike for five-day workweek
A nationwide bank strike disrupted services at public sector banks on Friday as unions pressed for a five-day workweek and resolution of wage and pension issues. Branch-based services, including cash transactions and cheque clearances, were hit, while UPI and internet banking continued to operate.
Stock Markets on Sep 11: Sensex, Nifty Sink as Oil Breaches $108
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
Indices trade with major losses; realty shares decline
At 10:30 IST, the barometer index, the S&P BSE Sensex, tanked 538.70 points or 0.72% to 74,367.44. The Nifty 50 index lost 179.35 points or 0.76% to 23,298.45.
Shankesh Jewellers bucks market sell-off to zoom 18% as Q1 PAT doubles
Shankesh Jewellers delivered strong financial performance in Q1, with revenue growing 55 per cent Y-o-Y to 424 crore. Its PAT stood at 43, reflecting an increase of 100 per cent on a Y-o-Y basis.
FII darling turns into exit trade: Is HDFC Banks 10% foreign holding drop a worrying sign?
HDFC Bank has seen a sharp decline in foreign investor ownership since its merger with HDFC, reflecting concerns over slower growth, funding pressures, margins and leadership changes. FII holding has fallen from 52.13% in September 2023 to 41.82% in June 2026. While valuations have become more attractive, investors await clearer signs of improving growth, profitability and post-merger execution.
INR struggles at one and half month low amid soaring oil prices
The Indian rupee extends downside in opening trades on Friday, weighed down by surging crude oil prices, foreign fund outflows and escalating Middle East tensions. INR opened at Rs 95.70 per dollar and hit a low of 95.80 so far during the day. The counter is struggling at a one and half month low driven by elevated crude oil prices and foreign portfolio outflows. Indias BSE Sensex also slipped about 1.0%, or 710 points, to 74,188 this morning. Brent crude climbed nearly 12% this week, as intensifying Middle East tensions disrupted shipping through the Strait of Hormuz and Red Sea, raising concerns over Indias external balance, growth and inflation. The rupee remained under pressure after weakening to 95.44 per dollar, while rising US Treasury yields after stronger-than-expected producer price data lifted expectations of a Federal Reserve rate hike next week added to the risk-off mood.
Oil, yields surge batter bank stocks; Nifty Bank index sinks 1.3%
Oil prices spiked to near $110 a barrel, on track to end the week at over $100 a barrel for the first time since mid-May.
NSE IPO price band set, subscription opens September 17
The National Stock Exchange (NSE) has set its initial public offering (IPO) price band at Rs 1,700-1,785 per equity share, with the subscription period running from September 17 to September 21, aiming to raise up to Rs 22,569 crore.
US Market: Rising US debt, inflation keep pressure on long-term Treasury yields
US Treasury yields rose as investors remained concerned about rising government debt, persistent inflation and higher borrowing costs. A larger-than-expected $6 billion Treasury buyback failed to reassure markets, with long-term yields climbing to multi-week highs. Investors remain focused on fiscal deficits, bond supply and the sustainability of demand for longer-dated Treasuries.
Cement shares under pressure; ACC, Ambuja, Shree Cement crack to 52-wk lows
UltraTech Cement, Dalmia Bharat, JK Cement and India Cements were down between 1 per cent and 3 per cent in Friday's intra-day deals.
US Market: Wall Street brokerages see S&P 500 extending rally in 2026 on AI, earnings
Wall Street brokerages remain bullish on the S&P 500 in 2026, with AI-driven earnings growth and resilient corporate profits expected to support equities despite inflation, energy supply risks and economic uncertainty stemming from the Iran conflict.
Milky Mist commisions new skyr and greek yogurt facility at Tamil Nadu
Milky Mist Dairy Food said that it has commissioned skyr and greek yogurt manufacturing plant using ultrafiltration technology at its integrated manufacturing facility in Perundurai, Tamil Nadu.
Russias SberBank unveils GigaDoc AI smart mirror for express health assessment in India
SberMedAI's GigaDoc smart mirror provided free express health assessments at Innoprom India. This innovative solution analyzes key health indicators and potential risk factors conveniently. Companies can integrate GigaDoc into their employee prevention programs for proactive health monitoring. The technology utilizes artificial intelligence and computer vision for accurate health readings.
National Aluminium Company Ltd Falls 4.07%, BSE Metal index Drops 2.76%
National Aluminium Company Ltd has lost 14.86% over last one month compared to 2.55% fall in BSE Metal index and 4.69% drop in the SENSEX
10 smallcap stocks zoom up to 235% in 1 year; 8 turn multibaggers! Own any?
The stock markets strongest performers can often reveal where investor interest and momentum have been concentrated.
Vedanta, Vedanta Aluminium, NALCO, other metal stocks fall up to 5% on Friday. Heres why
Metal stocks fell as soaring oil prices, rising US bond yields and a stronger dollar weighed on sentiment. Vedanta, Vedanta Aluminium, Hindustan Copper, Tata Steel and JSW Steel declined 35%. The US 10-year Treasury yield rose above 4.9%, its highest since 2023, as higher oil prices stoked inflation concerns and raised expectations of a potential Fed rate hike.
Rupee falls 27 paise to 95.79 against US dollar in early trade
At the interbank forex market, the rupee opened at 95.70 against the US dollar but fell to 95.79, losing 27 paise from its previous close
Rs 2.8 lakh crore out, Rs 47,000 crore in: Why FIIs are selling listed stocks but chasing IPOs
FIIs are increasingly turning to Indias primary market even as they withdraw heavily from listed stocks. Foreign investors have pulled nearly Rs 2.8 lakh crore from the secondary market in 2026 but invested over Rs 47,000 crore in IPOs. The shift reflects a preference for new sectors, large allocations at predetermined prices and greater control over entry costs.
Global Market: Japan's Nikkei falls 3% as oil surge, US rate hike fears weigh
Japans Nikkei fell over 3% in early trade as surging oil prices and rising US Treasury yields revived inflation and rate-hike concerns. Japanese equities came under broad pressure, with 201 Nikkei 225 stocks declining against just 23 gainers.
Brent crude remains above $108 a barrel on West Asia supply disruption concerns
Saudi Arabia produced 6.24 million barrels a day in August, says OPEC report
BSE share price falls 3% as NSE edges closer IPO, CAS concerns persist
BSE shares fell to the day's low of 3,193.20 from the previous close of 3,306, down 3.4 per cent.
Nifty trade below 23,300 in early trade; breadth weak
At 09:30 IST, the barometer index, the S&P BSE Sensex, tanked 632.55 points or 0.85% to 74,274.27. The Nifty 50 index lost 217.90 points or 0.90% to 23,259.90.
3i Infotech secures 3-year contract from leading commodity exchange in India
3i Infotech has received a purchase order dated 10 September 2026, from a leading commodity exchange in India for additional resources to support its Disaster Recovery operations. The order has been issued under PO No. NCDEX/2026-2027/EQ/062.
NSE IPO GMP at 12% as stock exchange announces price band, key dates. 10 things to know
NSEs IPO is set to raise around Rs 22,662 crore, with the latest grey market premium at 1112% after the exchange fixed its price band. The offer size has been cut to 12.64 crore shares, meaning it will not surpass Hyundai Motor Indias Rs 27,870-crore issue to become Indias largest IPO.
Foreign investors may rejig allocation to Indian financials: Jefferies
Beyond the core earnings trajectory, clarity on the tenure and succession plans of chief executives at large financial institutions will also be important for the sector, analysts said.
Market crash explained: Sensex dives 700 pts intraday; Nifty below 23,250
VK Vijayakumar said market headwinds are getting stronger with escalation in the West Asia conflict. Other than elevated crude oil prices, the rise in bond yields is also keeping risk appetite subdued
Gold and silver prices today, 11 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Indian stock markets tumbled significantly on Friday, with benchmark indices Sensex and Nifty recording considerable dips. The sharp surge in crude oil prices coupled with increasing bond yields rattled investors, leading to a staggering loss of over Rs 5 lakh crore in total market capitalisation. After a day of volatile trading, both indices closed well in the red.
Sterlite Tech shares in focus as firm secures US certification for AI data centre fibre assemblies
Sterlite Technologies secured US certification for its indoor optical fibre assemblies designed for AI data centres. The company is targeting Rs 20,000 crore revenue by FY29, while strong Q1 results and AI-led demand have driven a sharp rally in its shares.
India inflation may continue to rise in the near term, says OPEC
Indias inflation may continue to rise in the near term, OPEC stated in its monthly report. Headline CPI inflation remained above the RBIs 4% target in July, rising to 4.5%, y-o-y, after 4.4%, y-o-y, in June, while food inflation increased to 5.5%, y-o-y. Price pressures remained stronger in rural areas, where headline inflation stood at 4.8%, compared with 4% in urban centres, reinforcing the importance of the monsoon and food-supply conditions for the near-term outlook, it said. The composition remains somewhat more reassuring than the headline figure, as underlying inflation excluding precious metals is still relatively subdued, but second-round effects remain the key risk, particularly through food prices, transport costs, fertiliser, logistics and services. Developments in August have pointed to ongoing challenges, however, as reservoir levels remain below last years levels in several regions. Reservoir storage is an important indicator to watch in this respect, since it ...
Karamtara Engineering IPO Day 3: GMP at 27%; check subscription status and key details
Karamtara Engineering IPO entered its final day of bidding on September 11, with the issue subscribed 3.61 times by the end of Day 2 and the retail portion booked 3.28 times. The Rs 875-crore IPO, comprising a Rs 675-crore fresh issue and Rs 200-crore OFS, is currently commanding a GMP of around 27%, indicating positive listing expectations.
India's 10-year bond yield surpasses 7% on rising oil, Treasury yields
Indian government bonds experienced a sharp decline in early trading on Friday. The benchmark ten-year bond yield climbed past seven percent, reaching a three-month high. This downturn occurred as rising oil prices and elevated US Treasury yields impacted investor sentiment. Brent crude oil surpassed one hundred eight dollars per barrel during this period. Simultaneously, the ten-year US Treasury yield hovered around four point nine seven percent.
NSE IPO: 8 selling shareholders trim stake sale as offer size cut by over 15%, RHP shows
NSE has reduced its IPO offer for sale to 12.64 crore shares from 14.89 crore shares, with eight shareholders cutting their proposed stake sale. The Rs 22,561 crore IPO will open on September 17, with shares priced at Rs 1,700-1,785.
Stock market holiday: Are BSE, NSE closed on Sept 14 for Ganesh Chaturthi?
The National Stock Exchange and the BSE will have no trading or settlement in stocks, derivatives, securities lending and borrowing segments on Monday.
Tata Motors PV Share Price Live Updates: Tata Motors PV Price and Returns Analysis
Net SIP Inflows Hit Record Rs 2 Trillion
Net SIP inflow is calculated by subtracting redemptions from gross SIP investments.
Rentomojo IPO Day 3: GMP at 33%, subscription reaches 4.71 times. Should you subscribe?
Rentomojo IPO entered its final bidding day after being subscribed 4.71 times by Day 2. A 33% grey market premium and SBI Securities Subscribe rating have boosted investor interest.
Glenmark launches RYALTRIS Nasal Spray in Brazil
Glenmark Specialty S.A., a wholly owned subsidiary of Glenmark Pharmaceuticals (Glenmark), today announced the launch of RYALTRIS Nasal Spray in Brazil for the treatment of moderate to severe symptoms associated with allergic rhinitis (AR) in adults and adolescents of 12 years of age and older.
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Current Market Status
Two SME IPOs open for subscription today: Injecto Polymers, Century Business Media in focus
Two SME IPOs Injecto Polymers and Century Business Media open for subscription on September 11 and close on September 16. Injecto Polymers is raising Rs 56.12 crore, while Century Business Media aims to raise Rs 17.11 crore. Both issues are entirely fresh shares and will list on the BSE SME platform. Neither is currently commanding a grey market premium.
Best focused mutual funds to invest in September 2026
If you are ready to take more risk and have an investment horizon of around seven years, you may invest in these schemes. Here are our recommended focused equity mutual fund schemes. Follow our monthly updates to keep track of your investments.
US 10-year yield flirts with 5% as higher oil, rate hike worries swirl
U.S. Treasury yields saw an upswing on Friday, nearing the 5% milestone, driven by escalating oil prices. This development has prompted traders to heighten their expectations regarding an interest rate increase from the Federal Reserve next week. The surge in oil prices is intensifying inflation worries, which have substantial implications for global bond markets.
Want regular income after retirement? How annuity plans work and what you should know about them
Retirement planning involves ensuring a sustainable income post-retirement, not just building a sizable fund. Here's how an annuity plan work and whether you should invest in one.
Stock Alert: Shankesh Jewellery. Neogen Chem, Texmaco Rail Juniper Green Energy
Shares of Bandhan Bank, Inox Wind, Kaynes Technology, SAIL and Manappuram Finance barred from fresh F&O positions on 11 September 2026.
NSE IPO set to open on 17 September at Rs 1,700-1,785 price band
The issue is entirely an OFS, with existing shareholders offering 12.64 crore shares
Gaja Alternative Asset Management consolidated net profit rises 35.66% in the June 2026 quarter
Sales decline 49.15% to Rs 15.64 crore
Japanese money moving home could impact global risk assets: ICICI Pru AMC's Manish Banthia
For Indian bond investors, it is more appropriate to be in short-to-medium duration at this point. Bonds are an attractive investment today.
Prasol Chemicals IPO allotment likely today: Check status, GMP and other details
Prasol Chemicals IPO allotment is expected today after the Rs 500 crore issue was subscribed 3.47 times. Investors can check their allotment status through KFin Technologies, NSE or BSE ahead of the companys September 16 listing.
ICICI Bank Share Price Live Updates: ICICI Bank's Price Movement Signals Caution
IRB Infrastructure among 6 stocks showing RSI trending up
Six Nifty500 stocks that gained over 4% on September 10 were highlighted in the RSI Trending Up scan, based on data from StockEdge. IRB Infrastructure Developers, Leela Palaces Hotels & Resorts, Force Motors, PVR Inox, Swan Corp and Ola Electric Mobility recorded rising RSI values.
HUL Share Price Live Updates: HUL faces a downturn with negative returns in the last quarter
Asian Paints Share Price Live Updates: Asian Paints Stock Details
JSW Steel Share Price Live Updates: JSW Steel's Price Decline Below 100-Day Average
Acutaas Chemicals among 4 Nifty500 stocks flashing bullish signals
Four Nifty500 stocks gained over 4% on September 10 and appeared on the White Marubozu bullish scanner, according to StockEdge technical scan data. The pattern indicates strong buying pressure during the trading session and positive price momentum.
HDFC Bank Share Price Live Updates: HDFC Bank's Current Price and Market Performance
Titan Company Share Price Live Updates: Titan Company Price Movement
ONGC Share Price Live Updates: ONGC Stock Details
