30 C 
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.
Recently, an advocate from Ahmedabad sent a legal notice to PVR INOX over its cashless policy. According to experts, private businesses can skip cash and insist on digital payments. Here's what the company's policy says.
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.
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.
Pyramid Technoplast receives GPCB's amended authorisation to recycle industrial packaging waste
Pyramid Technoplast has received an amended Consolidated Consent and Authorisation (CCA) from the Gujarat Pollution Control Board (GPCB), enabling the Company to receive, collect, store, transport and recycle industrial packaging waste generated by other companies, including empty barrels, containers and liners contaminated with hazardous chemicals/wastes.
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.
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
INR weighed down by the broad strength of the American currency
The Indian rupee fell 12 paise to close at 95.74 (provisional) against the US dollar on Wednesday, weighed down by the broad strength of the American currency and a slight recovery in crude oil prices from lower levels. Indian shares ended modestly higher on Wednesday as investors kept a close eye on developments between the U.S. and Iran, and looked forward to a crucial U.S.-China summit on Thursday, which could lead to new trade agreements amid escalating competition and restrictions on advanced technologies. Indian equity benchmarks rebounded strongly today, with the NSE Nifty 50 gaining 117.80 points (0.50%) to close at 23,446.80, and the BSE Sensex climbing 299.17 points (0.40%) to finish at 74,828.25. The dollar strengthened on hawkish comments from US Federal Reserve officials, raising expectations of a rate hike by the US Fed in 2026. However, positive domestic markets supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 95.58 ...
ArMee Infotech IPO subscribed 53% on day 1
The offer received bids for 39.48 lakh shares as against 74.30 lakh shares on offer.
Swastika Infra IPO subscribed 96% on day 1
The offer received bids for 60.73 lakh shares as against 63.35 lakh shares on offer.
Adroit Industries (India) IPO subscribed 5.18 times on day 1
The offer received bids for 4.07 crore shares as against 78.72 lakh shares on offer.
Elevate Campuses IPO subscribed 20% on day 1
The offer received bids for 67.94 lakh shares as against 3.36 crore shares on offer.
SBI Card launches fixed deposit backed Advantage SBI Card on SBI YONO
SBI Card announced the launch of Advantage SBI Card on SBI YONO, introducing a seamless digital journey that enables customers to avail a secured credit card backed by a fixed deposit.
Anlon Healthcare among 7 healthcare stocks hitting 52-week highs; rallied up to 105% in a month
Seven healthcare stocks hit fresh 52-week highs on Wednesday, led by Anlon Healthcare, which gained 108% in a month. Kopran, Kilitch Drugs, Innova Captab and others also posted strong recent gains.
Varmora Granito IPO subscribed 27%
The offer received bids for 91.66 lakh shares as against 3.39 crore shares on offer.
The 8th pay commission will conduct state visits in October to meet with employee and pensioners representatives and stakeholders to discuss recommendations for over 1 crore beneficiaries. It is expected to make an announcement by May 2027.
Mumbai-Ahmedabad bullet train: How canted turnouts help trains switch tracks at 320 kmph
Indias Mumbai-Ahmedabad bullet train corridor is adopting canted turnouts, a specialised track system designed to allow high-speed trains to switch tracks smoothly at speeds of up to 320 kmph. The technology extends track banking through the turnout to reduce lateral forces, vibrations, discomfort.
Garware Hi Tech Films signs MoU with Lubrizol
To collaborate on development and manufacturing of Lubrizol's global TPU technology in India
UPI MDR Decoded: Will You Pay More for Stock Investments & SIPs?
Stock Markets Rebound: Sensex Gains 299 Points as Crude Oil Prices Ease
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
Intellect Design Arena announced that Cargills Bank, a licensed commercial bank in Sri Lanka, has selected the Composable eMACH.ai Core Banking Architecture to expand its digital banking capabilities and strengthen its long-standing technology partnership with Intellect.
We value IRCTC at 25x average of FY28E & FY29E EPS and initiating coverage with a Buy recommendation with target price of 560
Rupee slips as dollar gets Fed hike expectations tailwind
On September 23, the Indian rupee ended weaker at 95.74 against the dollar amid global financial trends. Expectations of further US Federal Reserve rate hikes have increased the strength of the dollar. Asian currencies also experienced declines, with some falling 0.3%. Despite this, state-run banks helped limit the rupee's losses through dollar sales.
Nifty reclaims 23,400 as easing oil prices lift sentiment
The domestic equity benchmarks rebounded on Wednesday, supported by signs of easing tensions in the Middle East following US-Iran talks and a continued decline in oil prices. The Nifty closed above the 23,400 level, led by gains in metal, FMCG and PSU bank shares. However, IT and oil & gas stocks declined.
Quick Wrap: Nifty Metal Index gains 2.40%
Powered by Capital Market - Live News
Indian equity benchmarks ended higher on Wednesday, with Nifty rising 0.50% and Sensex gaining 0.40% as buying emerged across sectors. Metal stocks led the gains, while IT stocks lagged. Bajaj Finance and Tata Steel topped the gainers, while HCL Tech and Titan Company featured among the biggest losers.
DA row: The Punjab and Haryana High Court has directed the state chief secretary to appear before it on 5 October for not complying with its previous order regarding payment of pending DA arrears of state employees and pensioners.
Sebi plans review of merchant banking rules, IPO cost structure soon
Markets regulator will also review ICDR norms, including price bands and advertising requirements, as it seeks to simplify processes and lower public issue costs
ET Alpha Wealth Summit 2.0: How Indias biggest investors are hunting for the next alpha
As investors look for distinctive opportunities beyond conventional stocks and bonds, there's a palpable shift toward alternative assets. Family offices and institutional investors now delve into sectors like private credit and venture debt, aiming for unique returns. The ET Alpha Wealth Summit 2.0, set for October 8 in Mumbai, will tackle these emerging investment trends, enabling attendees to grasp potential future opportunities and the risks involved.
One Point to deliver Centre of Excellence for a leading power utility
The engagement will be delivered from the Company's Navi Mumbai and Indore delivery centres and will cover an integrated customer experience ecosystem comprising customer contact centre operations, Physical Experience Centres (PEC), back-office support and digital customer service functions.
Rupee falls 12 paise to close at 95.74 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 95.58 against the U.S. dollar, then gained ground and touched an intraday high of 95.57 against the American currency in intraday trade
Tax benefits on co-owned house hinge on actual contribution, not ownership share
Tax benefits for co-owned properties should not be seen as a hack to maximise tax between spouses, but rather should depend on the actual contribution of each co-owner.
Stock markets rebound amid easing crude oil prices; Sensex up 299 points
Mumbai, Sep 23 (PTI) Benchmark indices Sensex and Nifty rebounded on Wednesday amid easing crude oil prices, which remained below USD 100 per barrel, and hopes of a possible de-escalation in the West Asia conflict. The 30-share BSE Sensex climbed 299.17 points, or 0.40 per cent, to settle at 74,828.25. During the day, it jumped 444.66 points, or 0.59 per cent, to 74,973.74. The 50-share NSE Nifty was up 117.80 points, or 0.50 per cent, to end at 23,446.80. Among the 30 Sensex firms, Tata Steel, Bajaj Finance, ITC, UltraTech Cement, Power Grid and Larsen & Toubro were the major
Mutual fund AUM-to-bank deposit ratio triples in a decade to 31% in August
'The Big Short' fame Michael Burry bets on copper. Is red metal heading for a hot rally?
The Big Short fame Michael Burry has disclosed a long position in copper producer Ero Copper, as supply constraints, falling inventories and limited discoveries fuel expectations of further gains in the red metal.
Sensex, Nifty, Stock Price Highlights: Indian equity markets closed higher on Wednesday, with the Nifty 50 gaining 117.80 points, or 0.50%, to close at 23,446.80, while the BSE Sensex rose 299.17 points, or 0.40%, to close at 74,828.25, as signs of stronger domestic growth momentum and softer crude prices supported investor sentiment.
Rupee falls 12 paise to close at 95.74 against US dollar
Mumbai, Sep 23 (PTI) The rupee fell 12 paise to close at 95.74 (provisional) against the US dollar on Wednesday, weighed down by the broad strength of the American currency and a slight recovery in crude oil prices from lower levels. Forex traders said the dollar strengthened on hawkish comments from US Federal Reserve officials, raising expectations of a rate hike by the US Fed in 2026. However, positive domestic markets supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 95.58 against the US dollar, then gained ground and touched an intraday high
US dollar index hits seven-week high after breaking above 100 mark
Powered by Capital Market - Live News
Jindal Stainless signs MoU with Nasscom
To provide Jindal Stainless employees access to courses offered through NASSCOM's FutureSkills Prime platform
NSE IPO: NSE shares to debut on Metropolitan Stock Exchange along with BSE tomorrow
NSE shares are set to make their much-awaited market debut on September 24, with trading scheduled on both BSE and the Metropolitan Stock Exchange of India (MSEI). The listing follows a Rs 22,562 crore IPO that drew strong demand, with the issue subscribed nearly six times and QIBs bidding nearly 13 times their quota.
AI Adoption Bottlenecks For India's GCCs
A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.
Australia's ASX 200 ends flat as investors await key economic data
The market gave up its early gains as investors looked ahead to Thursdays jobs data. Traders were also cautious after Septembers flash PMI showed slower growth in services and weaker factory activity.
China stocks edge lower ahead of US-China summit
The Shanghai Composite fell 0.39% to 3,936.5, while the Shenzhen Component declined 0.64% to 13,636.1. Market sentiment remained subdued after preliminary talks in New York failed to reach an agreement to extend the tariff truce, which is due to expire in November.
Sensex settles 299 pts higher; Nifty ends above 23,400 level
As per provisional closing data, the S&P BSE Sensex jumped 299.17 points or 0.40% to 74,828.25. The Nifty 50 index added 117.80 points or 0.50% to 23,446.80.
NSE shares to also trade on Metropolitan Stock Exchange after listing
MSE will admit NSE shares under the 'permitted to trade' category from September 24, a move industry experts say could help bring additional volumes to the exchange
Different ways to earn more interest on your savings account
Savings accounts are crucial for achieving financial security and generating passive income. By routinely evaluating various savings options, individuals can benefit from higher interest rates. It's important to refrain from unnecessary withdrawals to fully capitalize on interest accumulation. Utilizing features like Auto Sweep can further optimize surplus funds while keeping them accessible, and establishing clear saving objectives can inspire effective savings growth.
Rites signs MoU with National Highways & Infrastructure Development Corporation
To provide consultancy and technical support services to projects across North-East
Raymond forays into high value aircraft structures segment
Subsidiary, JK Maini Global Aerospace successfully bids for tender related to major indigenous fighter aircraft programme
Kotak Alternate Asset Managers has closed its Kotak Yield & Growth Fund at Rs 5,000 crore, raised entirely from domestic investors. The Category II AIF attracted institutional investors, family offices and UHNIs, targeting private credit, real assets and selective growth opportunities.
Gold retreats as hawkish Fed comments reinforce policy tightening bets
Spot gold fell 0.9% to $4,316.78 per ounce, as of 0847 GMT. US gold futures for December delivery were down 0.5% at $4,354
Whirlpool of India stock soars 20% to hit upper circuit on promoter stake sale buzz
Whirlpool of India shares surged 20% to hit the upper circuit at Rs 865.35 after reports indicated promoter Whirlpool Mauritius may sell its entire remaining 39.76% stake. The potential stake sale, reportedly involving major investors and a multinational consumer durables company, follows years of promoter stake reduction and drove strong buying interest.
Global Market: UK business growth cools as inflation pressures build in September
British business activity weakened in September, with the services PMI falling to a three-month low while inflationary pressures intensified. Manufacturing improved modestly, but overall growth remained subdued. Weak hiring and business confidence, alongside higher borrowing costs, complicate the governments outlook ahead of the October budget and increase pressure on the Bank of England.
LTM launches BlueVerse SovereignSphere Models
To enable enterprise transform their unique knowledge into AI capabilities
Todays Gold Rate: Latest gold prices in Coimbatore, Nagpur, Jaipur & other cities
22, 24 carat Gold prices down across other cities on September 23
Todays Gold Rate, Aug 26: Check gold rates in Delhi, Mumbai, Chennai
22, 24 carat Gold prices down across metro cities on September 23
Check Point Names Krishnan V V As New India MD
Check Point Software Technologies has appointed Krishnan V V as its Managing Director and Country Head for India and South Asia. He will be responsible for business strategy, P and L, go-to-market execution, and organisational development, leveraging his three decades of leadership experience in the cybersecurity and technology sectors.
Glenmark Pharma gets EIR for Goa facility from US FDA
Glenmark Pharmaceuticals said that it has received the establishment inspection report (EIR) from the U.S. Food and Drug Administration (U.S. FDA) for its formulations manufacturing facility in Goa, India.
Thacker & Company Ltd leads losers in 'B' group
TAAL Tech Ltd, Glass Wall Systems (India) Ltd, RDB Real Estate Construction Ltd and TECIL Chemical & Hydro Power Ltd are among the other losers in the BSE's 'B' group today, 23 September 2026.
Clean Max allots 2,830 equity shares under ESOS
Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from Rs 11,75,49,370 to Rs 11,75,52,200.
Awfis launches 1,00,000 sq. ft premium workspace at Aerocity, New Delhi
Awfis Space Solutions has launched a new centre under its premium workspace portfolio, Elite by Awfis, at Prestige Trade Centre, Aerocity, New Delhi. Spanning ~1,00,000 sq. ft. of chargeable area, the centre offers a combination of built-to-suit and ready-to-move-in spaces designed for global capability centres (GCCs) and enterprise occupiers. It brings together world-class infrastructure, hospitality-led services and wellbeing-focused design, while its proximity to IGI Airport and the Aerocity Metro Station on the Airport Express Line provides seamless connectivity to key business and travel hubs across the city.
Nifty trades tad above 23,450; PSU bank share in demand
At 14:30 IST, the barometer index, the S&P BSE Sensex jumped 364.34 points or 0.49% to 74,893.42. The Nifty 50 index added 124.90 points or 0.54% to 23,453.90.
S and P, Fitch Raise India's FY27 GDP Growth Forecasts
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
Recently listed Manipal Payment zooms 20%; Asset Reconstruction soars 10%
Manipal Payment bounced back 26% from its listing day low, while Asset Reconstruction Company (India) recovered 23% on the BSE.
India domestic air traffic declines 6.34%; IndiGo share falls, Air India gains
India's domestic air passenger traffic fell 6.34% year-on-year to 121.26 lakh in August, DGCA data showed. IndiGo's market share dropped to 65%, while Air India Groups rose to 26.7%. Akasa Air held 5.5% and IndiGo led on-time performance.
Smallcaps have grown up, but so has the risk
Do smallcap stocks deserve a bigger role in your portfolio and are you are prepared for the risks that come with them?
Zoho Expands With AI Chatbot Zia And Industry-Specific SaaS Offerings
Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.
Bluestone Jewellery & Lifestyle Ltd leads losers in 'A' group
Parag Milk Foods Ltd, Lumax Auto Technologies Ltd, Inox Wind Ltd and Varroc Engineering Ltd are among the other losers in the BSE's 'A' group today, 23 September 2026.
Snapdeal IPO: GMP, price band among 10 things to know about AceVector public offer
AceVector, the parent company of Snapdeal, will launch its IPO on September 25 with a price band of Rs 3032 per share. The issue comprises a fresh issue of Rs 287 crore and an OFS of up to 4.16 crore shares. The IPO will close on September 29, with the anchor book opening on September 24.
Bank strike September 2026: Why is there a strike, and on what days do banks open | FAQs
The immediate trigger for the bank strike is a government directive to implement a revised incentive PLI scheme that unions call unfair and unilateral, layered on top of longer-pending demands for a five-day work week, restoration of the Old Pension Scheme, and better pension terms for retirees.
Subex surges after bagging operations modernaisation contract from major APAC operator
Subex jumped 12.37% to Rs 21.80 after the company announced that it has been selected by a major mobile network operator in the Asia Pacific region to modernise and future-proof its partner ecosystem management (PEM) operations.
Volumes jump at Elecon Engineering Company Ltd counter
Elecon Engineering Company Ltd witnessed volume of 263.09 lakh shares by 14:14 IST on NSE, a 129.65 times surge over two-week average daily volume of 2.03 lakh shares
Persistent Systems completes acquisition of 83.25% stake in Nagarro
Voluntary Public Takeover Offer further extended till 06 October 2026
HUL, Dabur India trade near Covid lows: Reasons, strategy decoded
Analysts flag that over the years the market closed the valuation gap built for double-digit growth in these FMCG stocks, as earnings remained muted owing to tepid volume growth and high inflation.
