US economy firming as inflation risks persist, says Richmond Fed’s Tom Barkin

The US economy demonstrates resilience with strong consumer spending and growth beyond technology sectors. Richmond Fed President Tom Barkin remarks that inflation remains a more pressing concern than labor market weaknesses. The Federal Reserve raised interest rates last week to address rising price pressures. Barkin indicates that demand-driven inflation is becoming a significant factor affecting the economy. Various sectors, including defense and manufacturing, are experiencing positive developments according to Barkin.

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities reversed morning gains on Tuesday, with Sensex falling 330 points and Nifty closing lower after sharp volatility during the closing auction session. F&O expiry, foreign outflows, geopolitical uncertainty, IT pressure and elevated crude prices weighed on market sentiment.

Hill-house backed Elevate Campuses raises Rs 945-crore anchor book

Hillhouse-backed Elevate Campuses raised Rs 945 crore from 20 anchor investors, including major mutual funds and Norges. The amount represents 60% of its QIB allocation ahead of its Rs 2,100 crore IPO, which opens Wednesday and closes Friday.

Runwal Enterprises sets IPO price band at Rs 290-305 per share

Runwal Enterprises has set its IPO price band at Rs 290-305 per share, with the Rs 500 crore fresh issue opening Friday and closing September 29. The Mumbai-focused developer has 88.37 million square feet of developable area across residential and non-residential projects.

Market Trading Guide: Finolex Cables among 3 stock recommendations for Wednesday

Falling crude oil prices and Brent slipping below $100 a barrel helped Indian markets recover from intraday lows. Analysts highlighted BlueStone Jewellery, JSW Infrastructure and Finolex Cables as three stocks showing breakout setups, bullish momentum and positive technical indicators for Wednesday.

RHI Magnesita block deal: Dalmia Bharat refractories divests 11.11% stake for Rs 826 crore; SBI MF, Bandhan MF among buyers

Dalmia Bharat Refractories sold 2.29 crore RHI Magnesita India shares, or 11.11% of equity, through a Rs 826 crore block deal at Rs 360 apiece. SBI Mutual Fund led purchases, while RHI Magnesita shares gained 3.04% to Rs 379.20.

Celldex shares slip 15% as safety concerns cloud skin drug trial win

(Rewrites throughout to add company comments, adds shares in paragraph 2, analyst comment in paragraph 5)- Celldex Therapeutics said on Tuesday its experimental

Sebi to address concerns over settlement price for derivatives on expiry days, says chief Tuhin Kanta Pandey

"Having successfully established the Closing Auction Session as an important market structure reform, we intend to address concerns in respect of settlement price for derivatives on expiry days and other related issues. A consultation paper has already been issued inviting public comment," Pandey said at the 11th JP Morgan India Conference.

New York Fed's John Williams defends 'balance-sheet framework' amid policy review

In a recent statement, John Williams, the New York Federal Reserve President, reaffirmed the robustness of the central bank's monetary policy framework, citing its success in regulating interest rates and supporting market health. He pointed out that the framework is adaptable to ongoing market changes. The central bank is currently assessing policy dilemmas and its expansive balance sheet while preparing to modify reserve supplies in accordance with demand shifts.

US stocks: Nasdaq hits intraday record as tech stocks regain momentum

On Tuesday, the Nasdaq Composite surged to a new intraday record high, buoyed by a rebound in technology stocks and declining oil prices that enhanced market confidence. Notably, chipmaker AMD saw its valuation exceed one trillion dollars, lifting semiconductor stocks alongside it. The rally marks a notable recovery for the tech-heavy Nasdaq index, after other major indices hit record highs in August.

Fortis audit order could drag listed firms into promoters' personal debt cases: InGovern

InGovern has warned that the Delhi High Court’s Fortis Healthcare forensic audit order could set a wider precedent, potentially exposing listed companies to enforcement proceedings over promoters’ personal liabilities and challenging the established separation between companies and their owners.

After Hindenburg: 5 Adani group companies settle disclosure violation case with Sebi

Five Adani group firms settled Sebi adjudication proceedings over alleged disclosure and governance lapses flagged in the Hindenburg Report, paying ₹1.51 crore without admitting or denying violations.

$3 trillion crypto comeback: Can Bitcoin bulls reclaim $100K and push higher?

Bitcoin has led a broad crypto market recovery, pushing total digital-asset market capitalisation back above $3 trillion. Strong spot and ETF demand has supported the rebound, although rising open interest and funding point to increasing leverage. The next phase will depend on whether underlying demand can sustain momentum toward the $100,000 mark.

Puravankara buys 13.44-acre land in Greater Noida, eyes Rs 5,200 cr revenue from housing proj

Ashish Puravankara, the company's Managing Director, said, "NCR is one of India's largest and most dynamic real estate markets, and we have been deliberate in identifying the right opportunity to establish our presence here."

Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks swing between gains & losses as oil prices rise after Trump’s UN address

India bonds rally as oil below $100 calms inflation jitters

India, which imports roughly 90% of its crude oil needs, is particularly exposed to swings in global oil prices, with elevated oil prices and a weak monsoon raising inflation concerns and expectations of a rate hike next month.

Engineers India among 7 small-cap stocks that hit 52-week highs and rallied up to 25% in a month

Seven stocks from the BSE 250 Smallcap Index hit fresh 52-week highs despite the Sensex falling 329 points on Tuesday. Engineers India led one-month gains at 24%, followed by Syrma SGS Technology, Welspun Corp, Welspun Living and Acme Solar Holdings.

Quote of the day by George Soros: "Euphoria can lift housing and dot-com prices; panic can send sound banks tumbling."

George Soros' quote highlights how euphoria and panic can drive markets away from fundamentals. The dot-com bubble, housing cycles and bank confidence illustrate how excessive optimism fuels prices, while fear can trigger sharp declines and destabilize even fundamentally sound institutions.

Market wrap: Coal India, Eternal, Tata Consumer, Nestle India top gainers and losers on Nifty and Sensex on Tuesday

Indian equities ended lower on Tuesday as selling pressure resurfaced toward the close, with Nifty and Sensex falling 0.36% and 0.44%, respectively. Coal India, Eternal and InterGlobe were among the top gainers, while Tata Consumer, Nestle India and Bajaj Finserv featured among the biggest losers across key indices.

Sunil Singhania-led Abakkus Asset Manager files DRHP with Sebi for IPO

Sunil Singhania-led Abakkus Asset Manager has filed its DRHP with SEBI for a 15-million-share OFS IPO. The company reported Rs 796 crore revenue and Rs 327 crore PAT in FY26, alongside strong growth in non-mutual fund assets and PMS.

Rupee sways with oil and intervention cues, keeping traders light-footed

Traders pointed to media reports stating that Iran had offered to reopen the Strait of Hormuz, a key energy artery,if the US eases military pressure and lifts its blockade.

CAS chaos: Nifty’s indicative price drops 1% in seconds to fall below 23,150 on F&O expiry day, Sensex closes 330 pts lower

Indian equities ended lower on Tuesday after morning gains faded, with Sensex dropping 330 points and Nifty witnessing a sharp closing-auction swing on expiry day. Broader markets also declined, while IT stocks weakened and realty gained. Market breadth turned negative, with 1,868 NSE stocks declining against 1,679 advancing.

LIC said to lead bidding in NSE’s Rs 22,800 crore IPO

LIC emerged as the largest bidder in NSE’s ₹22,800 crore IPO with ₹4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. Despite cautious retail participation (1.3x), strong institutional demand (12.7x) drove overall subscription to 5.7x ahead of its September 24 listing on BSE.

Sebi sees potential for Rs 2 lakh crore IPO fundraising as fresh capital gains prominence

SEBI Chairman Tuhin Kanta Pandey said India could raise up to Rs 2 lakh crore through IPOs, with substantial proceeds flowing directly to companies. He highlighted reforms simplifying market access, rising corporate bond issuance, growing domestic investor participation and measures to deepen capital markets, improve liquidity and expand global investor access.

NSE pays 20 banks Rs 186 crore in fees for IPO

The National Stock Exchange paid ₹186 crore to 20 advisory banks for its $2.4 billion IPO. At 0.82% of the total issue, the fee structure remains well below India’s market average, despite the IPO drawing strong institutional demand with a 5.7x overall subscription.

Global Market: European shares muted at open as investors track US-Iran talks, oil gains

European shares opened largely flat on Tuesday as investors remained cautious over potential US-Iran talks and developments around the Strait of Hormuz. Energy stocks gained 0.4% as oil prices recovered, while retail stocks rose 1.3%, led by Kingfisher. Insurance stocks declined, and investors awaited euro zone consumer confidence data for further economic signals.

RBI bond sales, FX intervention help halve India's cash overhang

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking system's liquidity surplus, bankers said.

Global Market: Eurozone bond yields rise as oil prices rebound above $100

Eurozone government bond yields rose on Tuesday as Brent crude rebounded above $100 a barrel amid escalating Middle East tensions. German 10-year yields rose 3 basis points to 3.481%, while French and Italian yields climbed 4 basis points as investors weighed persistent inflation risks.

NSE IPO allotment today: How to check status on BSE and MUFG Intime? GMP hints at 4% listing gains

NSE IPO allotment: The Rs 22,562-crore NSE IPO, which was subscribed 5.71 times overall, is likely to finalise share allotment today. Investors can check their allotment status online through the registrar MUFG Intime, with NSE shares scheduled to list on the BSE on September 24.

Global Market: ECB launches blockchain payment service, to invest in digital securities

The European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements. The ECB also plans to invest a portion of its EUR 23 billion own funds in digital securities, while developing a retail digital euro targeted for a 2029 release.

Global Market: Diesel prices surge to record highs as wars squeeze global fuel supplies

Global diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability across Europe, the US and Asia. With inventories below seasonal norms and refineries already running at high utilisation rates, further disruptions could leave fuel markets vulnerable to sharper price increases.

US stock market rally explained: Why did Nasdaq climb 2% to close at a fresh record high?

Wall Street rallied sharply on Monday, with the Nasdaq gaining over 2% to a record close as easing oil prices and Treasury yields supported sentiment, while chip stocks surged on renewed optimism around AI spending.

Bitcoin jumps nearly 5% to cross $85,000 as strong ETF inflows and institutional buying boost crypto momentum

Bitcoin has regained momentum after breaking above key resistance levels, supported by stronger spot ETF inflows, institutional demand and a broader risk-on mood. Analysts expect the rally to face resistance near $89,500, while rising futures open interest and elevated leverage could increase volatility if fresh buying fails to keep pace.

11 stocks added by more than 15 MF schemes in August; shares surge up to 240% in CY26

Mutual funds added 24 stocks to their portfolios through at least 15 schemes in August 2026, with 11 of these stocks delivering over 25% YTD returns. Welspun Corp and Apar Industries emerged as the top performers, gaining 240% and 126%, respectively.

Stocks to buy: JM Financial names 9 NBFC stocks as top picks amid rate hike cycle

Amid rising interest rates and fluctuating bond yields, JM Financial has pinpointed nine NBFCs as top stock picks. These picks showcase a diverse performance spectrum, with some stocks dipping while others have enjoyed robust gains over various timeframes. Investors are encouraged to delve into net interest margin dynamics and asset quality trends when making their selection.

Will Roadster reveal trigger a fresh rally in Tesla shares?

Tesla shares rose nearly 3% ahead of the Roadster reveal, with investors also tracking Nvidia’s support for its energy-storage business and the outlook for Optimus and autonomous driving.

Meesho shares rally 12% after UBS hikes target price by 24%. What’s keeping analysts bullish?

UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit economics. The brokerage expects contribution margins to expand as logistics costs ease and advertising revenue grows. Meesho’s ability to sustain user additions, ordering frequency and NMV growth remains central to its outlook.

HDFC Bank shares hit 7-week high as RBI weighs Anup Bagchi for CEO post. What lies ahead?

HDFC Bank shares rose to a nearly seven-week high of Rs 749.30, extending gains to 5% over three sessions, after ET reported that the RBI is weighing Anup Bagchi’s candidature for the bank’s CEO and MD post and has sought feedback from IRDAI and ICICI Bank CEO Sandeep Bakhshi.

Indian bonds steady as RBI rate hike expectations strengthen

Bond yields for Indian government securities showed little fluctuation as markets brace for ongoing liquidity withdrawals. Specifically, the yield for the benchmark 2036 bond settled at about 7.05% during early trading on Tuesday. With retail inflation rising to 4.82% in August, expectations mount for a rate hike from the Reserve Bank of India next month.

South Korean pension fund seeks India government bond investment licence: Report

South Korea's significant pension fund is looking to invest in Indian government bonds, as India strives to enhance foreign capital influx via streamlined registration processes. This initiative enriches funding sources and ensures steady capital inflow, with the fund leveraging a new, simplified compliance pathway for investors, promoting elevated foreign engagement in India's debt market.

India's first blue bond set for launch next week: Report

Sagarmala Finance Corporation plans its maiden blue bond issuance on September 28. The company aims to raise six billion rupees for maritime sector projects. These funds will support port development and coastal road networks. SBI Capital Markets is arranging the issue, which is rated AA+ by Icra and Care. Investors will submit coupon and commitment bids on Monday.

Rocket Lab shares surge over 8%: What's driving the RKLB rally?

Rocket Lab shares jumped 8.2% after Cantor Fitzgerald reiterated its Overweight rating and $122 price target. Investors are focusing on the company’s upcoming Neutron rocket launch, the planned Iridium acquisition and a record $2.36 billion backlog.

Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years

Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to expand its mining portfolio, while also partnering with Chile’s CODELCO on mining expertise and capacity building.

Embassy Developments rallies 8% after Rs 711 crore residential tower deal with Angel One founder

Embassy Developments shares rallied up to 8% to Rs 63.80 after signing an MoU to sell an entire residential tower at Embassy Terazza in Juhu to Angel One CMD Dinesh Thakkar for Rs 711 crore. Spanning 63,000 sq ft, it is India’s largest single residential property transaction.

Textile stocks rally up to 10%: Raymond, Gokaldas Exports & others rebound after Trump tariff-triggered selloff

Textile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanctions bill into law. Raymond led the gains with a 10% rally, while Pearl Global Industries, Gokaldas Exports, Arvind and Vardhman Textiles also advanced.

Global Market: Warner Bros, Paramount shares jump on merger settlement talks

Shares of Warner Bros Discovery and Paramount Skydance jumped after reports that Paramount and California’s attorney general were in advanced settlement talks that could clear a key hurdle to their proposed merger. If sustained, the gains would add a combined $5.59 billion to the companies’ market valuations.

Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons why

Motilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects across explosives and defence. The brokerage expects revenue and profit to grow at 43% and 34% CAGR, respectively, through FY30.

Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loom

China’s yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight session. Investors are watching the currency’s outlook ahead of the upcoming Xi-Trump meeting and trade discussions.

Pace Digitek shares jump 13% after subsidiary bags Rs 488 crore BESS order

Pace Digitek shares surged over 13% to Rs 175.37 on Tuesday after its material subsidiary, Lineage Power, bagged a Rs 488.46-crore BESS order from NTPC GE Power Services. The project at the Barh Super Thermal Power Project involves BESS containers, maintenance, and extended warranty through December 2026.

Global Market: China stocks climb on AI boost, US-China talks in focus

Mainland China and Hong Kong stocks rose on Tuesday, driven by strong gains in artificial intelligence shares following agreements between the US and China to continue talks on AI safety. Investors remain focused on upcoming policy signals from Beijing and President Xi Jinping's scheduled state visit to the US.

Sensex rises 110 points, Nifty above 23,450 as oil prices, bond yields cool down. Time for a sectoral pivot?

Indian equities traded higher as softer crude prices and easing bond yields improved sentiment. Sensex and Nifty extended gains, while broader markets also advanced. Analysts highlighted a possible sectoral shift towards fairly valued largecaps and improving technical momentum.

Global AI trade roars back as Meta’s personal agent fuels optimism

Global AI stocks and chipmakers rallied following the strong debut of Meta's Muse AI agent. The surge boosted semiconductor shares like Samsung, SK Hynix, and MediaTek. Easing geopolitical tensions and lower oil prices further lifted market sentiment across Asian markets and US tech stocks. Shortest Generic

Beyond NSE IPO buzz: MSEI, CSE unlisted shares rally up to 108% in 2026

This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering rise of approximately 108% year-to-date in the unlisted market. Simultaneously, CSE shares have gained momentum, echoing the trend amidst increasing investor interest in smaller exchanges following the NSE IPO filing. Factors such as revival plans and enhanced broker integrations are fueling this noteworthy shift.

Engineers India among 4 stocks showing White Marubozu pattern

Four Nifty500 stocks appeared on the White Marubozu bullish scanner on September 21, according to StockEdge’s technical scan data. Engineers India, Mankind Pharma, Aditya Infotech and UTI Asset Management Company recorded gains during the session.

Bitcoin retreats from eight-month high after dizzying 13% rally

Bitcoin pulled back to about $85,500 after a surge of 13% in four days, supported by broader risk-asset gains, ETF inflows, bullish options positioning, and corporate buying. Analysts debate whether momentum reflects renewed conviction or short covering. Despite improved sentiment, elevated oil prices, Treasury yields, and competition from AI investments remain significant headwinds.

Sonaselection India IPO allotment likely today: Grey Market Premium and steps to check status

Sonaselection India IPO allotment status is likely to be finalised today. The Rs 141.57-crore public issue was subscribed 2.01 times. Investors can check their share allotment status online via KFin Technologies, BSE, and NSE websites. The stock is set to list on September 24, 2026.

Pine Labs shares in focus as Mastercard likely to sell stake in Rs 892 crore block deal

Pine Labs shares will be in focus today as Mastercard Asia Pacific is likely to sell up to 49.7 million shares (4.3% stake) worth Rs 892.5 crore via a block deal. The floor price is fixed at Rs 179.50 per share. Meanwhile, Motilal Oswal initiated coverage with a Buy rating.

Three SME IPOs to debut today: Vama Wovenfab, Shakti Polytarp and Quanto Agroworld — Check GMP ahead of listing

The SME IPO segment is set for a busy session today, with Vama Wovenfab, Shakti Polytarp and Quanto Agroworld scheduled to make their stock-market debuts on September 22, 2026.

Hindalco Share Price Live Updates: Hindalco's beta indicates potential investment risk

HCL Tech Share Price Live Updates: HCL Tech's Latest Closing Price

M&M Share Price Live Updates: M&M Experiences Weekly Decline

Coal India Share Price Live Updates: Coal India posts solid monthly returns

Power Grid Share Price Live Updates: Power Grid's Price Surges Past 20-Day SMA

Hero MotoCorp Share Price Live Updates: Hero MotoCorp's recent returns reflect market struggles

NSE IPO allotment likely today: GMP at 4%; here's how to check status

NSE IPO GMP Live Updates: The Rs 22,569-crore NSE IPO is expected to finalise its allotment today, allowing investors to check online whether they have been allotted shares. The company's shares are scheduled to make their debut on the BSE on September 24, 2026.

Varmora Granito IPO opens today: Check GMP and other key details. Should you subscribe?

The Rs 708-crore IPO is a book-built issue comprising a fresh issue of 2.16 crore shares worth Rs 320 crore and an offer for sale (OFS) of 2.62 crore shares worth Rs 388.02 crore. The issue will remain open until September 24, with allotment expected to be finalised on September 25. The shares are proposed to list on both the NSE and BSE on September 29.

ICICI Bank Share Price Live Updates: ICICI Bank's Final Price for the Day

ETMarkets Smart Talk | Fed, inflation, rupee: How investors should navigate India’s 7%+ bond yields, says Vineet Agrawal

With the 10-year government bond yield moving above 7%, investors are once again facing a key question: is this an opportunity to lock in attractive yields, or could rates move even higher from here?

Two SME IPOs open for subscription today: Anand Seamless and Himalaya Nutravedics — check key details

The two companies are looking to raise a combined Rs 52.02 crore through their respective SME IPOs. Both issues are entirely fresh issues, with the proceeds earmarked for a mix of business expansion, working capital, debt repayment and other corporate requirements.

A record run! NSE IPO draws Rs 90,000 crore demand, takes subscription crown among India’s 5 largest offerings

NSE IPO GMP Live Updates: The Rs 22,561.57 crore public issue, the second-largest IPO in India by issue size after Hyundai Motor India, received bids for 50,58,11,384 shares against 8,86,42,911 shares on offer. This translated into an overall subscription of 5.71 times at the close of the bidding window, according to NSE data.

Negative Breakout: These 9 stocks cross below their 200 DMAs

The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.

Oil Price Today (September 22): Crude oil snaps 4-day fall, hovers near $101 on potential US-Iran talk. What’s next?

Brent crude futures for November rose 74 cents, or 0.75%, to $101 a barrel. US West Texas Intermediate (WTI) crude for October, which expires on Tuesday, gained 41 cents, or 0.43%, to $96 a barrel.

Gold ticks up on easing Treasury yields, but rate outlook weighs

Gold prices saw a slight increase on Tuesday as US Treasury yields eased. Higher interest rate expectations, however, capped the precious metal's gains. Other precious metals like silver, platinum, and palladium also experienced upward price movements. Geopolitical developments in Yemen and upcoming meetings involving President Donald Trump and Chinese President Xi Jinping were noted. The European Union's consumer confidence flash data for September is also scheduled.

ETMarkets Smart Talk | From SpaceX to Anthropic: Subho Moulik decodes a step-by-step guide for Indian investors

In this edition of ETMarkets Smart Talk, Subho Moulik, Founder & CEO of Appreciate, breaks down the US investing opportunity for Indian investors.

Yen squeezed as hawkish turn grips central banks

The yen weakened against a strong dollar as global central banks adopt hawkish stances. Japan's low interest rates contribute to this pressure, despite intervention risks. Other currency pairs remained steady, while cryptocurrencies saw a significant rally. Markets anticipate further rate hikes from the Federal Reserve and Reserve Bank of Australia. The New Zealand dollar also weakened due to its low interest rate environment.

Oil rises slightly ahead of potential US-Iran talks

Oil prices saw a slight increase as markets stabilized after recent declines. Investors are closely watching potential United States-Iran talks at the UN General Assembly. Middle East tensions remain elevated due to Houthi attacks and Saudi Aramco pipeline issues. China has urged Tehran to help curb Houthi attacks following Saudi Arabia's appeal. Libya's Sharara oilfield has also experienced a partial reduction in its production.

Sensex Today | Nifty 50 | Stock Market Live Updates | Opening Bell: Sensex gains over 100 pts, Nifty above 23,450; Coal India, Trent rise up to 2%

Sify Infinit Spaces hits valuation roadblock ahead of IPO

Sify Infinit Spaces IPO faces a valuation roadblock as investors offer less. The data centre operator seeks forty thousand crore rupees for its offering. Investors are currently willing to pay only twenty-two to twenty-five thousand crore rupees. This significant gap may lead Sify to revisit the market next year. The company's valuation ambitions have risen amid market conditions.

Varmora Granito raises Rs 212 crore from anchor investors ahead of Rs 708 crore IPO

Varmora Granito secured ₹212.4 crore from anchor investors on Monday. This fundraising occurred a day before its ₹708-crore initial public offering. The company allocated 1.43 crore equity shares to seventeen funds. Goldman Sachs and ICICI Prudential Mutual Fund were among the key participants. Other notable investors included Bandhan Mutual Fund and Bharti AXA Life Insurance.

Can Varmora Granito IPO deliver long-term growth for high-risk investors?

Varmora Granito is gearing up for a ₹320 crore IPO aimed at funding capital projects and addressing outstanding debts. Following the offering, the promoter's stake will shrink to 47 percent. However, potential risks related to geopolitical tensions and export market concentration are evident. While revenue saw modest growth, the EBITDA margin improved significantly, prompting investors to monitor post-listing developments due to valuation concerns.

Global Market Today: Asian stocks climb after tech shares power Wall Street

MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s benchmark Kospi Index jumped more than 2%. Contracts for US benchmarks edged higher after the S&P 500 and Nasdaq 100 posted their best days since early August.

Explained: 13 reasons why the Nifty could not deliver more in last 5 years

Over a five-year period, thirteen stocks within the Nifty index adversely affected its overall performance, resulting in negative returns for these specific laggards. Conversely, the Nifty 50 index itself witnessed gains. Had these underperforming stocks been excluded, the index's returns would have been significantly enhanced. Active mutual funds, benefiting from reduced exposure to these stocks, ultimately outperformed the Nifty 50, highlighting the advantage for actively managed funds during this timeframe.

D-Street poised for positive start as GIFT Nifty signals gains

On Monday, Indian equity markets experienced a positive turn, with the Nifty 50 index rising due to a dip in crude oil prices and widespread purchasing among investors. While foreign portfolio investors sold off shares, domestic institutional players significantly increased their stakes. The Indian Rupee showed strength, aided by the lower crude oil rates.

Stocks in news: ONGC, Lloyds Metals, Canara Bank, Rays of Belief and GRSE

Indian stock markets closed higher on Monday, with the Nifty 50 and BSE Sensex gaining points. Several companies, including ONGC and Canara Bank, are expected to be active on Tuesday. ONGC announced a gas discovery in the Mahanadi Offshore Basin, while Canara Bank received a rating from Moody’s. Lloyds Metals and Energy approved capacity expansion, and Suryoday Small Finance Bank plans to raise funds.

NSE IPO closes with 5.71x subscription, bids cross Rs 90,000 crore

Investor enthusiasm surged on the final day of the National Stock Exchange's landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve times. Retail interest was also robust, nearly doubling their intended allocation. The shares are set to debut on the BSE on September twenty-fourth, marking the end of a lengthy journey that included prior regulatory hurdles.

23 firms race to launch IPOs worth Rs 40,775 crore before September 30 deadline

Around two dozen companies must launch their IPOs by September 30. These firms need to start the share sale process or refile offer documents. Approvals for at least 23 companies, seeking ₹40,775 crore, expire this month. Companies have one year from Sebi approval to launch their issues. Refiling would add significant costs and delays to fundraising plans.

US stocks: US market ends sharply higher as AI optimism reignites and Treasury yields retreat

Stock markets surged on Monday, driven by impressive gains from leading AI companies such as Advanced Micro Devices. Meanwhile, Treasury yields pulled back from their recent highs and crude oil prices fell to an eleven-day low. Meta's shares skyrocketed after analysts adjusted their price targets post the introduction of its new AI assistant.

Bandhan Bank promoter to gradually reduce stake to meet RBI norms

Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract retail investors. Shareholders will review this plan at the upcoming annual general meeting.

Government may do away with UPI subsidies as MDR revenue kicks in

Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay transactions are being phased out. No new subsidies have been paid for transactions since April 2025. This shift aims to make the payment ecosystem self-sustaining and reduce taxpayer burden. Incentive disbursements have significantly decreased in recent fiscal years.

AI is real, and it will pay off, just as the Internet did, says JPMorganChase CEO Jamie Dimon

Jamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will strengthen foreign investment. The RBI's plan to raise dollars is viewed as appropriate for supporting the rupee. AI is a real investment, though its long-term revenue generation remains uncertain. Dimon supports transparency and good governance, especially concerning Tata Group's leadership.

Investors upbeat on hawkish Fed fighting inflation but remain wary of crude oil prices and AI risks

Federal Reserve's hawkish stance combats inflation, boosting investor optimism for markets. Oil prices remain elevated, which complicates stabilization efforts for rates and equities. Strong earnings growth and contained credit spreads support US equity fundamentals despite volatility. Investors are cautious about artificial intelligence spending and future investment returns. The prospect of a year-end rally persists, though the path forward presents challenges.

Landmark NSE IPO threatens to hollow out Dalal Street’s shadow market

With the National Stock Exchange preparing for its listing, India's primary market is poised for significant enhancement. The landmark IPO is anticipated to trigger a marked decrease in the flourishing unlisted shares market, compelling platforms involved in these trades to identify alternative investment prospects.

AMD briefly tops $1 trillion market cap as AI push fuels record rally, shares up 9%

Advanced Micro Devices briefly crossed one trillion dollars in market capitalization. This milestone placed AMD among elite chipmakers reaching this valuation. The company's shares saw a significant increase following this achievement. AMD is now considered Nvidia's closest competitor in graphics processing units. This event highlights the growing importance of AI computing in the semiconductor industry.

Rupee gains for third day as crude eases, but volatility persists

The rupee strengthened for a third straight session to 95.8150 against the dollar as Brent crude eased to $101.5 a barrel. However, dollar outflows, importer demand and geopolitical tensions limited gains, with analysts expecting continued volatility amid Middle East conflict and tariffs.

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian equities gained on Monday as cooling oil prices and positive global cues lifted sentiment. Sensex rose 564 points to 74,859, while Nifty gained 68 points to 23,414. Market capitalisation increased nearly Rs 2 lakh crore, despite mixed market breadth.

Smart ring maker Oura, shareholders look to raise up to $2.2 billion in US IPO

Smart ring maker Oura plans to raise up to $2.2 billion in its US initial public offering. Eli Lilly and Dragoneer have indicated interest in purchasing shares in the offering. Oura and some existing investors will sell 50 million shares priced between $40 and $44. The company makes a smart ring that tracks key health indicators like heart rate and sleep.

Pine Labs block deal: Mastercard Asia may divest 4.3% equity worth Rs 892 crore

Mastercard Asia Pacific may sell up to 49.7 million Pine Labs shares, representing 4.3% of the fintech company, through a Rs 892.5 crore block deal. Priced at Rs 179.50 per share, the secondary sale is scheduled for September 22.

Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden

Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation and raise borrowing costs. He said the debate reinforces the importance of Federal Reserve independence.

Strong profit growth prompted Moneyview to reduce IPO size: MD & CEO Agrawal

Moneyview reduced its public offer to Rs 1,092 crore from Rs 1,500 crore. This decision stems from robust profit growth and adequate internal cash generation. The company fixed its price band at Rs 32-34 per equity share for the IPO. The IPO comprises a fresh issue and an offer for sale by existing shareholders. Proceeds will fuel lending business growth and new product development.

RBI issues norms on capital requirements for market risk under Basel III for banks

As of April 1, 2027, banks are prohibited from reclassifying instruments to achieve lower capital requirements under the new market risk guidelines that align with the updated Basel III framework. This transition will see banks adopting a simplified standardized approach for determining risk-weighted assets, along with revisions to interest rate risk tables and the treatment of debt funds.