The Economic Times

Chinas growing number of people living alone is driving a $1 trillion singles economy, with businesses offering products and services tailored to solo consumers, from one-person meals and travel to pets, gaming and AI companions. The economy is likely to grow to $4 trillion by 2030. The trend is also reshaping spending habits, ageing concerns and Chinas wider consumer market.

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.

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.

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.

He publicly holds 72 stocks with a net worth of nearly Rs 7,910 crore, according to Trendlyne data.

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.

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.

Semiconductor stocks, including Kaynes Technology, Syrma SGS Technology and MosChip Technologies, rallied up to 10% as investor attention turned to Indias semiconductor ecosystem ahead of Prime Minister Narendra Modis inauguration of Semicon India 2026.

GMR Airports shares witnessed an uptick on Thursday after JM Financial retained its Buy rating and Rs 115 target price, citing an improved risk-reward profile despite subdued passenger traffic. The brokerage expects traffic pressure to persist through November, but sees growth improving from December as favourable base effects and resilient international traffic support recovery.

From strong post-listing rallies to sharp gains in the months since their debut, these stocks have emerged as standout performers in the SME segment.

Tim Sweeney, the founder of Epic Games, has quietly acquired over fifty thousand acres of North Carolina land. He began purchasing vulnerable forests around 2009 when land prices were lower. Sweeney has also donated thousands of acres to conservation organizations for protection. His land holdings are managed through several limited liability companies across fifteen counties. The billionaire now focuses on permanently protecting his existing properties.

NSEs Rs 22,569-crore IPO has opened for subscription, valuing Indias largest stock exchange at nearly $46 billion at the upper price band. At 42.9 times FY26 earnings, NSE commands a higher valuation multiple than most major global exchanges, including Nasdaq, CME Group, ICE, HKEX and LSEG. Analysts attribute the premium to NSEs profitability, market dominance and Indias long-term capital market opportunity.

Volkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation amid rising Chinese competition. The company is focusing investment on its strongest and most profitable brands. Many automakers face difficult choices due to declining sales and EV transition costs. This upheaval is reshaping the global automotive landscape with fewer players.

Two terrorists suspected to be linked to Pakistan-based Jaish-e-Mohammad were killed during Operation Sohan in Udhampur, Jammu and Kashmir, officials said. The joint operation involving the Army, Jammu and Kashmir Police and CRPF began after intelligence inputs indicated terrorist presence in the Brattal area. Security forces continue search and surveillance operations amid rain, difficult terrain and poor visibility.

Krsnaa Diagnostics shares surged after the company signed a 15-year concession agreement with Punjab Health Systems Corporation. The pact marks its entry into PET-CT diagnostics, with the company set to develop and operate facilities at four government hospitals in Punjab under a PPP model.

IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscription. The companies have direct or indirect exposure to NSE, with several shareholders also selling stakes through the offer-for-sale. NSEs IPO comprises 12.64 crore shares and is open for bidding until September 21.

Highway Infrastructure shares rose nearly 5% to Rs 45.90 after the company secured a Rs 220.66 crore contract from UPEIDA for toll collection and plaza operations on the Gorakhpur Link Expressway. The two-year order includes annual escalation. The company also recently secured an Rs 80.16 crore Tamil Nadu toll plaza project.

LCC Projects made a strong stock-market debut after its Rs 427.14 crore IPO. The shares listed at Rs 191.90 on the NSE, a 31.44% premium, and at Rs 189 on the BSE, a 29.45% premium over the issue price of Rs 146.

On Thursday, shares of Asset Reconstruction Company India Ltd. debuted with little movement following a notable initial public offering valued at Rs 732.97 crore, consisting entirely of an offer for sale. Priced at Rs 139 per share, the offer attracted significant demand, seeing an impressive twenty-fold subscription. Notably, the proceeds will benefit the selling shareholders, rather than the company itself.

SS Retails Rs 500 crore IPO entered its second day after being subscribed 1.44 times on Day 1, led by strong retail demand. The issues current GMP indicates a potential listing gain of around 19%.

Gold and silver prices fell sharply on the MCX on Thursday after the US Federal Reserve raised interest rates and signalled further tightening. Easing oil supply concerns also weighed on bullion sentiment, as higher rates make non-yielding assets less attractive.

iqoo 16 launch date India: iQOO 16 is set to launch in China on September 29, 2026, while its India launch date and price are yet to be confirmed. The flagship is expected to feature a 2K AMOLED display with a 165Hz refresh rate, Snapdragon 8 Elite Gen 6 Pro chipset, triple 50MP rear cameras, a large battery and 100W fast charging.

William Wordsworth, an influential English Romantic poet, delved deeply into the persistent psychological effects of guilt. He famously noted that a single misdeed can spawn numerous fears. Born in 1770, Wordsworth celebrated nature and human emotion, utilizing accessible language that challenged the literary conventions of the 18th century.

Manipal Payment & Identity Solutions made a weak stock market debut after its Rs 805-crore IPO was subscribed 1.26 times overall. The shares opened at a discount to the issue price on both the BSE and NSE. The IPO comprised a fresh issue and an offer for sale, with proceeds earmarked primarily for capital expenditure across the companys manufacturing facilities.

Prime Minister Narendra Modi celebrated his birthday and 25 years in public service. Leaders praised his dedication to national development and public welfare. India is achieving new heights of self-reliance and global recognition under his guidance. His leadership has fostered progress in infrastructure and citizen-centric governance. Modi's journey inspires millions with its commitment to service and nation-building.

New regulations for delayed birth and death registrations will begin on October 1, 2026. This law requires judicial intervention for registrations filed over two years late. Applications between one and two years will need executive magistrate approval. The government aims to encourage timely reporting of vital life events.

Sridevi property dispute case: The Supreme Court has issued notices to Boney Kapoor and his daughters regarding a Chennai property dispute. A bench directed both parties to maintain the status quo concerning the land. Mediation was suggested, with a retired judge to oversee the process. The Madras High Court had previously ruled in favor of the Kapoor family. The matter is scheduled for further hearing on December 18.

A US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation, were reported following the projectile impact. This maritime incident occurred amid ongoing military conflict and regional tensions. Commercial shipping lanes around the vital waterway have been frequently disrupted. Neither Washington nor Tehran has officially confirmed the details of this event.

HDFC Banks stock has fallen 27% in 2026, while ICICI Bank has gained 1.6%. Yet mutual funds have increasingly favoured HDFC Bank, adding to the laggard while trimming ICICI Bank. By August-end, ICICI Bank remained the larger mutual-fund holding, but the recent flow pattern signals a shift in preference as investors assess HDFC Banks valuation and recovery potential.

Asia's liquefied natural gas imports are experiencing an eight-year low this September. High spot prices are causing buyers in China and South Asia to reduce their purchases. This situation allows Europe to secure more vital gas cargoes for winter storage needs. Qatar's reduced LNG shipments due to regional conflict have tightened the global market. Consequently, spot prices for the super-chilled fuel have reached multi-year highs.

Shares of GR Infraprojects fell 2% after the company issued a notice to terminate its contracts with NTPC for a Battery Energy Storage System project at Mouda Super Thermal Power Station. The termination follows continuing force majeure and war-risk circumstances, along with contractual issues. GR Infraprojects has invoked the dispute resolution mechanism and is assessing the financial impact of the move.

Manika Plastech is expected to finalise its IPO allotment today after the Rs 125.50 crore issue was subscribed 29.5 times. Its current GMP indicates a potential 5% listing gain ahead of the stocks scheduled debut on September 21.

The UPESSC has released the UP PGT Notification 2026 for 2,607 teaching vacancies in aided secondary schools across Uttar Pradesh. Applications begin September 18, with the fee deadline on October 17 and corrections allowed until October 21. The written examination will be held on December 15 and 16, with eligibility, fees, vacancies and selection rules varying by subject and category.

Reliance Industries will remain in focus after the government cut windfall taxes on petrol, diesel and ATF exports. The company, a major exporter of ATF and diesel, is also raising Rs 12,500 crore through a five-year bond issue amid continued volatility in oil prices.

Four Nifty500 stocks closed more than 2.5% above their respective VWAPs on September 16, according to StockEdges technical scan data. Welspun Corp, BEML, Syrma SGS Technology and Urban Company featured in the scan.

Indian IT stocks such as Infosys and TCS are likely to remain in focus after the US Federal Reserve raised interest rates by 25 basis points, citing elevated inflation. Analysts expect higher-for-longer rates to pressure risk assets, while AI-related developments could influence sentiment towards Indian IT stocks.

Hero Motors Rs 1,000 crore IPO received healthy investor interest, reaching 1.39-times subscription on its first day, led by retail investors. Priced at Rs 79Rs 84 per share, the issue carries a grey market premium of around Rs 13, suggesting a potentially positive listing.

An uptrend signal occurs when the RSI crosses above 50 from below. RSI Trending Up indicates that the Relative Strength Index (RSI) is rising, signalling strengthening price momentum.

Muzaffarnagar e-rickshaw driver Sumit Kumar Prajapati travelled from Manali to Spiti Valley in his battery-powered three-wheeler, documenting the challenging mountain journey on Instagram, including charging stops, rough roads and his arrival at Kunzum Pass.

On September 18, ninety companies will observe their dividend record date, and investors must acquire shares prior to this date to be eligible. Notably, Victoria Mills is set to provide the largest dividend at fifty rupees per share. Additionally, numerous companies have shared their dividend announcements, offering a last chance for investors to capitalize on these payouts.

Three SME IPOs Vinod Texworld, Amtech Esters and Infrax Renewable are set to list on September 17 after collectively raising Rs 101.59 crore. Amtech Esters has the strongest grey-market premium at around Rs 16, while Vinod Texworld trades at a modest premium and Infrax Renewable has no GMP.

On Friday, Kairosoft AI Solutions and Oriana Power will officially go ex-record date for their announced stock splits. To partake in these corporate movements, investors need to purchase shares by Thursday. Kairosoft AI Solutions is implementing a substantial 1:10 split due to significant gains, while Oriana Power plans a 1:5 split after experiencing a recent downturn, aiming to boost investor share count.

The record date for the buyback was scheduled for September 4. This means only those shareholders who owned shares of the company on that day are eligible to tender shares in the offer, and investors taking fresh positions today will not qualify.

Five NSE F&O stocks recorded a rise of more than 5% in futures open interest on September 16, according to the latest trading data. Oracle Financial Services Software led the list with a 15.51% increase, followed by Blue Star at 11.96%.