Markets News

NSE IPO: 20 investment bankers earn ₹186 crore in fees, commissions

Banker fees accounted for nearly half of NSE's Rs 392.12 crore offer-related expenses, while advertising and marketing emerged as the second-largest cost head

Five Adani group companies settle Sebi proceedings for ₹1.51 crore

Sebi had sent show-cause notices to the companies in February 2024 for alleged lapses in disclosure of certain related-party transactions, highlighted in the Hindenburg report

Sunil Singhania-led Abakkus files for IPO, issue to be entirely an OFS

The IPO will comprise an offer for sale of up to 15 million equity shares by promoter Abakkus Expert Professionals LLP, representing a 10 per cent stake in the company

Sebi looks to ease foreign investor access, says Tuhin Kanta Pandey

Sebi is working on simpler digital onboarding, wider FPI participation in commodity derivatives and depository receipts against units of REITs and InvITs

Multiple growth triggers ahead for Aurobindo Pharma as outlook stays strong

Respiratory launches, CDMO expansion and strong US and European businesses are key growth drivers; the stock trades at just under 16 times estimated FY28 earnings

Stock Market Close: Nifty snaps 4-day winning streak, ends at 23,329; Sensex falls 330 points

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.08 per cent and 0.23 per cent lower, respectively

HDFC Bank adds ₹93K crore to m-cap as stock gains in 7 out of 8 sessions

HDFC Bank has been among the worst-performing Nifty 50 stocks this year, having lost 25.15 per cent on a year-to-date basis.

RBL Bank, Engineers India, Syrma, JSW Infra rally up to 7%; log 52-wk highs

ACME Solar, Aegis Logistics, Aegis Vopak Terminals, Apar Ind, Ipca Labs, Laurus Labs, Shyam Metalics and Welspun Corp from the BSE 500 index also hit their respective 52-week highs in Tuesday's trade.

India's first mineral exchange likely to begin operations by FY28: Official

The exchange will provide an electronic delivery-based trading platform for minerals, enabling market-based price discovery and reducing information gaps between producers and buyers

Optiemus Infracom zooms 20% on huge volumes as CMF expands partnership

Optiemus Infracom Share: CMF by Nothing and Optiemus Group expanded its partnership to build India's first end-to-end R&D Smartphone capability.

Eternal rallies 8% in five straight days; stock zooms 60% from March low

Eternal's share price hit a 11-month high of ₹339.80, gaining 1.4% on the BSE in Tuesday's intra-day deals amid heavy volume.

Defence stocks: Raymond, Unimech, Apollo Micro rally up to 10%; here's why

Analysts believe private sector companies particularly have visible growth prospects north of 20% backed by government focus on domestic manufacturing and building the private sector supply chain.

Pine Labs up 7% from day's low amid block deals; MOFSL bullish on stock

Block deal alert: A combined 112 million equity shares representing 9.74 per cent of total equity of Pine Labs changed hands on the NSE and BSE till 11:34 AM on Tuesday.

South Korean pension fund seeks India government bond investment licence

India has been trying to draw ​more foreign capital into government bonds through easier registration, lower taxes and by targeting entry into global bond ‌indices

Transrail Lighting shares zoom 12% on 70% rise in manufacturing capacity

From its 52-week low of ₹400.65, touched last week on September 16, Transrail Lighting stock has jumped 16 per cent.

JSW Infra hits new high, jumps 7%; stock up 56% in FY27

Thus far in September JSW Infrastructure stock has rallied over 9% even as the Nifty slipped nearly 3%.

India's prospects bright but tax rules a worry: JPMorgan CEO Jamie Dimon

JPMorgan CEO Jamie Dimon said India has strong long-term prospects but inconsistent tax rules, regulation and policy uncertainty continue to concern foreign investors

Meesho surges 6%, nears record high; what's driving this internet stock?

Meesho targets a 25% Net Merchandise Value (NMV) compound annual growth rate (CAGR) over five years, with scale benefits expected to support margins over time.

Midcap indices have limited utility for historical comparison: Kotak report

"Several stocks from a "popular" sector can enter the index simultaneously, while sectors that are out of favour may become under-represented," the report said.

Sagarmala Finance plans India's first blue bond issue on September 28

Blue bonds are a debt instrument used to finance sustainable water and marine projects, including clean water, recycling, shipping, sustainable fishing, ocean energy and ​mapping