The Economic Times

The IFSCA announced on August 25, 2026, the implementation of new market abuse regulations, which will replace existing SEBI guidelines for the GIFT-IFSC securities market. These regulations are designed to comprehensively combat insider trading and manipulation, employing international language and a unified coding system. The true measure of their effectiveness will become evident with future enforcement initiatives.

Traders are increasingly anticipating an October interest rate hike from the Reserve Bank of India, influenced by rising oil prices and expanding inflation. This potential adjustment is further compounded by an expected hike from the Federal Reserve, prompting analysts at Citi and Deutsche Bank to revise their predictions. The shift highlights growing concerns regarding inflation and the dynamics of economic growth.

Three of these companies hold more than 3% stake in Tata Sons, the groups holding company.

NSEs IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore by selling their shares at the upper price band of Rs 1,785. State Bank of India stands to gain the most, with a potential profit of nearly Rs 2,849 crore, followed by The New India Assurance Company.

Dinesh Sharma took the oath as the 14th Lieutenant Governor of Andaman and Nicobar Islands. Calcutta High Court Chief Justice administered the oath of office and secrecy to Sharma. Sharma previously served as Deputy Chief Minister of Uttar Pradesh and mayor of Lucknow. His portfolios included higher education and science and technology in the UP government. Admiral DK Joshi (retd) was Sharma's predecessor, serving since October 2017.

In a groundbreaking experiment, scientists have successfully cultivated spirulina aboard the International Space Station, paving the way for future Mars exploration. This remarkable blue-green algae can generate oxygen and produce biomass, allowing astronauts to grow food and breathable air independently of Earth. With its high nutritional value and small ecological footprint, spirulina could revolutionize space travel and even enhance disaster relief efforts back on our planet.

Cochin Shipyard shares fell sharply for a second straight session after management indicated a lower EBITDA margin target for the next two financial years. Despite near-term pressure, the company retains strong order visibility, while its joint venture with Drydocks World could support ship-repair growth.

A remarkable find at Chan Chan in Peru reveals an ancient burial platform that has been sealed for 600 years. This untouched tomb houses the remains of 38 individuals, alongside significant artifacts from the Chim civilization. The discovery presents a valuable glimpse into elite burial practices and societal structures.

The Delhi High Court will hear a plea challenging the ongoing DUSU election process. This plea alleges violations of Lyngdoh Committee recommendations and Supreme Court directions. The petitioner seeks to quash the candidate shortlisting notice and election notification. She also wants elections conducted strictly according to the DUSU Constitution and court judgments. The court will consider an interim stay on the election process which is scheduled soon.

Hexaware Technologies shares rose sharply on Tuesday after the company partnered with Project NANDA Fellowship, a global programme focused on developing open-source infrastructure for AI agents. The three-month fellowship will bring together developers, including Hexaware engineers, to work on agent discovery, identity and secure coordination within an open, decentralised Internet of AI Agents.

The Rs 22,561.57-crore NSE IPO is set to open for subscription on September 17 and close on September 21, with the issue currently commanding an 11% grey-market premium, signalling strong investor interest. The IPO is entirely an OFS of 12.64 crore shares, with proceeds going to existing shareholders.

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising uncertainty over charges for higher-value transactions. The decline came a day after Paytm hit a fresh 52-week high of Rs 1,840, with the stock having nearly doubled from its March low of Rs 930.6.

NSEs IPO price band of Rs 1,700-1,785 is below earlier unlisted-market expectations, offering a reality check for investors who bought the exchanges shares at higher prices. While NSEs dominant market position and strong fundamentals could support demand, experts caution that unlisted shares carry liquidity and valuation risks, with pre-IPO prices often reflecting scarcity and expectations rather than fair value.

Solar Industries shares fell sharply on Tuesday after the company announced the Rs 12,951 crore acquisition of South Africa

HDFC Bank shares rose after the lender submitted two CEO candidates to the RBI, formally starting the succession process for Sashidhar Jagdishan. The stock has faced sustained pressure this year, with analysts highlighting key resistance levels and management continuity as important triggers.

Hero Motors Rs 1,000-crore IPO opens on September 16 with a price band of Rs 79Rs 84 per share. Its Rs 23 grey market premium suggests a potential 27% listing gain, while fresh proceeds will support debt repayment, capacity expansion and acquisitions.

Goldman Sachs Asset Management, Franklin Templeton and Fidelity International are among global investors expected to participate as anchor investors in NSEs IPO. Norges Bank Investment Management, Abu Dhabi Investment Authority, GIC, Millennium Management, Marshall Wace and Citadel Capital are also likely to subscribe. The exchange is preparing to raise up to Rs 22,600 crore through the issue.

Indias digital payments ecosystem is a showcase for the world. The infrastructure is ready to take the next leap: agentic commerce, where AI agents will make decisions and payments. For that to happen, however, trust is non-negotiable, and it has to be embedded into the architecture. Visa Group Country Manager, India and South Asia, talked about this and more with The Economic Times at the Global Fintech Fest 2026. Read on!

HDFC Bank shares on Tuesday as the lender submitted two CEO candidates to the RBI, intensifying focus on its leadership transition. Jefferies, Nomura, Bernstein and Macquarie remain positive on the stock, with price targets ranging from Rs 880 to Rs 1,150. Analysts see leadership clarity as a potential re-rating catalyst.

Indian IT stocks surged as calls for a slower pace of frontier AI development eased concerns over disruption to traditional software services. The Nifty IT Index gained 5% on Tuesday, adding Rs 1.13 lakh crore in market value, while power and infrastructure stocks tied to AI buildout declined sharply, highlighting a shift in investor positioning.

KEC International shares rallied after the company secured Rs 1,303 crore of new orders across transmission and distribution and cables and conductors businesses. The latest wins take its year-to-date order intake above Rs 7,600 crore, supporting its growth outlook.

Renewed Tata Sons IPO hopes sparked a sharp rally in five Tata Group stocks, adding over Rs 17,200 crore to their combined market value in less than an hour. The gains came after the RBI rejected Tata Sons request to surrender its CoR and directed it to comply with regulations for NBFC-Upper Layer entities, reviving expectations of a public listing.

Hedge funds are witnessing an unexpected surge in capital, breaking a three-year trend of stagnation. Investors are gravitating towards hedge funds as their asset class of choice for 2026, driven by impressive performance attributed to the artificial intelligence sector. Additionally, both pension funds and private banks are preparing to allocate more resources into these funds this year, especially in equity and multi-manager strategies.

Raymond shares price rose sharply on Tuesday after its aerospace subsidiary secured multi-programme orders covering more than 300 part numbers and annual volumes exceeding 37,000 components. The orders have an estimated annual business potential of around Rs 33 crore, with production scheduled to begin progressively in 2026 and 2027 across multiple aerospace applications.

NSEs IPO comes with a strong market position but also a key regulatory overhang, with options contributing nearly 60% of operating revenue in FY26. While Sebis tightening of derivatives rules could pressure speculative volumes and transaction income, NSE says its dependence on weekly options has declined. Experts expect activity to shift towards cash equities rather than disappear altogether over time.

PNC Infratech shares plunged after NHAI extended the debarment of Awadh Expressway to the company for three years, restricting its participation in key road project bids. The company is evaluating legal remedies, while its ongoing projects remain unaffected.

Steamhouse Indias Rs 414 crore IPO is set to finalise allotment, with its shares scheduled to list on September 17. The issue was subscribed nearly 32 times, while the IPOs GMP indicates a potential 28% listing gain. Investors are also tracking the companys plans to reduce debt, expand capacity and strengthen its financial performance following a 24% rise in FY26 profit.

Vijay Kedias investment approach is built as much around discipline as opportunity. He is willing to buy stocks after sharp declines but refuses to chase them when valuations move beyond his comfort zone. As mutual funds, family offices and other investors crowd into emerging businesses, Kedia is increasingly looking at SMEs, unlisted companies and startups for opportunities that offer attractive valuations and growth potential.

On Tuesday morning, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty recording impressive gains that significantly boosted market capitalization. Key players like HCL Tech and Infosys spearheaded this rally in technology stocks. In contrast, broader markets and certain banking shares faced slight downturns. Overall, the IT sector showcased outstanding performance compared to other industries throughout the trading session.

Indian IT stocks rallied up to 6% after calls from Anthropic and OpenAI leaders for a slower pace of AI development eased fears of disruption from AI. Infosys, HCLTech, LTIMindtree and Mphasis gained around 6%, while TCS and Tech Mahindra rose over 5%, pushing the Nifty IT index up about 5%.

The RBI has filed a caveat in the Bombay High Court over Tata Sons mandated listing, seeking to ensure it is heard before any court order on a potential challenge. The move follows the central banks rejection of Tata Sons request to surrender its registration and avoid listing.

Pine Labs, Angel One, CDSL and Action Construction Equipment closed more than 2% above their volume-weighted average prices on September 11, indicating strong intraday buying momentum.

Sterlite Tech shares gained 2% after CLSA raised its target price by 47% to Rs 1,400, implying a 55.55% upside, while retaining its Outperform rating. The brokerage expects the companys capacity to expand 50% by FY29, backed by Rs 3,000 crore of approved capex. Revenue is projected to reach Rs 20,000 crore, driven by AI data centres and hyperscalers.

Rentomojos Rs 1,255.57-crore IPO allotment is expected to be finalised after the issue drew nearly 73 times subscription. A Rs 158 grey market premium indicates a potential 39% listing gain, with shares scheduled to debut on the NSE and BSE on September 17, 2026.

BSE, Groww, Angel One and Motilal Oswal are in focus after Sebi proposed changes to the Closing Auction Session and expiry-day settlement methodology. Jefferies remains bearish on BSE but sees Groww as a better play on Indias equity market.

Five NSE F&O stocks recorded a rise of more than 5% in futures open interest on September 11. LIC Housing Finance led the list with a 20.39% increase, followed by PI Industries, Bank of Maharashtra, KEI Industries and Sagility.

Veegaland Developers 210-crore IPO entered its final bidding day after being subscribed 1.17 times by Day 2, led by retail demand. A 20 grey market premium suggests a potential 15% listing gain, while brokerages recommend subscribing for the long term.

HDFC Bank submitted two CEO candidates to the RBI, initiating the succession process. Brokerages maintain bullish calls for the stock, citing potential continuity and a cleaner slate. An internal candidate offers familiarity, while an external one could drive strategic reassessment. The bank's shares have underperformed significantly, showing oversold readings. Analysts maintain buy ratings with substantial upside potential from current levels.

Three SME IPOs: Vama Wovenfab, Shakti Polytarp and Quanto Agroworldopen for subscription today, September 15, and will close on September 17. Vama Wovenfab commands a 10 GMP, implying a ~3% premium, while Shakti Polytarp and Quanto Agroworld have no grey-market premium.

The Powerball jackpot has reached an estimated $251 million for the September 14 drawing. Winning numbers for this drawing were 19-20-57-61-67 and the Powerball was 22. The odds of winning the jackpot remain extremely difficult at 1 in 292.2 million. A ticket sold in Illinois won a massive $1.04 billion jackpot on August 12. Powerball drawings occur three times weekly on Monday, Wednesday, and Saturday evenings.

Five Nifty500 stocks appeared on the White Marubozu bullish scanner on September 11, according to StockEdge technical scan data. The pattern indicates strong buying pressure, with prices moving from the open toward the session high by the close.

A Kashmiri artisan is transforming lake weeds into a new papier-mache ingredient. This innovation addresses the rising cost of traditional paper for the craft. Simran Irshad developed a technique using dried and pulverized lake vegetation. She has trained approximately fifty women in this sustainable new method. Irshad hopes to expand this initiative to provide more employment opportunities.

Embracing the spirit of a novice, Steve Jobs found liberation in exploring uncharted territory. Co-founding Apple, he imagined a world where elegant technology was accessible to all. After facing adversity, his investment in Pixar paved the way for a triumphant return to Apple, where he introduced game-changing products. The iPhone seamlessly blended telecommunication with the internet, altering the fabric of everyday existence.

Four Nifty500 stocks that gained over 4% on September 11 were highlighted in the RSI Trending Up scan, based on data from StockEdge. Yes Bank, Indus Towers, Sun TV Network and Authum Investment & Infrastructure recorded rising RSI values, indicating strengthening momentum in their stock prices.

The Manika Plastech IPO entered its second day of bidding with the issue subscribed 1.46 times on Day 1. The IPO is commanding a 26% grey-market premium, while retail investors showed stronger demand. Here are key details on subscription, GMP, issue structure and financial performance.