Markets News
Hero Motors rebounds post weak debut; scrip locked in 20% upper circuit
The initial public offering of Hero Motors received bids for 58.97 crore shares as against 8.86 crore shares on offer. The issue was subscribed 6.66 times.
 "Hero Motors rebounds post weak debut; scrip locked in 20% upper circuit")
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
 "Sebi plans review of merchant banking rules, IPO cost structure soon")
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
 "NSE shares to also trade on Metropolitan Stock Exchange after listing")
Stock Market Close: Sensex gains 299 pts, Nifty ends at 23,447; metal pack rises 2%, IT sheds 1%
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.7 per cent and 0.89 per cent, respectively
 "Stock Market Close: Sensex gains 299 pts, Nifty ends at 23,447; metal pack rises 2%, IT sheds 1%")
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.
 "Recently listed Manipal Payment zooms 20%; Asset Reconstruction soars 10%")
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.
 "HUL, Dabur India trade near Covid lows: Reasons, strategy decoded")
ONGC lags Oil India as mid-cap rally drives stock divergence: Kotak
The brokerage attributed OINL's stronger stock performance in part to the broader preference for mid-cap stocks over large-caps.
 "ONGC lags Oil India as mid-cap rally drives stock divergence: Kotak")
Pearl Global Industries soars 15% in 2 days, hits new high; here's why
Pearl Global announced the commissioning of its new manufacturing facility in Bangladesh with an annual capacity of 7 million garment pieces.
 "Pearl Global Industries soars 15% in 2 days, hits new high; here's why")
Ashish Kacholia portfolio stock: Man Ind soars 15%; zooms 222% from Feb low
Man Industries management believes it is well poised to grow at a 22-25% CAGR over the next 3-4 years, with margin expansion of 150-200 basis points over the same period.
 "Ashish Kacholia portfolio stock: Man Ind soars 15%; zooms 222% from Feb low")
Nifty Metal index up over 1%; SAIL, Welpsun Corp soar up to 4%; here's why
Analysts at Motilal Oswal say, steel industry pricing discipline will remain vital for margin sustenance, as the impact of current cost inflation is likely to become evident with a lag in H2FY27.
 "Nifty Metal index up over 1%; SAIL, Welpsun Corp soar up to 4%; here's why")
Ola Electric zooms 10% on heavy volume; trades higher for 3rd straight day
Share price of Ola Electric Mobility surged 86% from its 52-week low of ₹22.25 hit in March 2026.
 "Ola Electric zooms 10% on heavy volume; trades higher for 3rd straight day")
Swastik Infra IPO: Analysts decode risks, valuation rationale, strategy
Most analysts are neutral on the Swastik Infra IPO as heavy dependence on government projects and customer concentration call for a 'wait and watch' mode for some time before investing.
 "Swastik Infra IPO: Analysts decode risks, valuation rationale, strategy")
Stocks to watch: Adani Group stocks, Coforge, Aditya Infotech, Innovision
Five Adani Group companies have settled SEBI adjudication proceedings linked to the Hindenburg report.
 "Stocks to watch: Adani Group stocks, Coforge, Aditya Infotech, Innovision")
Defence sector to offer sustained growth; HAL, BEL among top picks: Emkay
So far in 2026, the Nifty India Defence index has added 23 per cent, while it has grown 16 per cent in a year, according to data available on NSE.
 "Defence sector to offer sustained growth; HAL, BEL among top picks: Emkay")
IDFC First Bank up 3%, nears 52-week high; Motilal Oswal upgrades to Buy
According to analysts at MOFSL, IDFC First Bank has strengthened its internal controls and governance processes and recently lowered its credit cost guidance, underscoring strong asset quality trends.
 "IDFC First Bank up 3%, nears 52-week high; Motilal Oswal upgrades to Buy")
SWAGAT-FI for low-risk foreign investors logs 164 registrations in 100 days
Overseas ownership of local equities is at a 17-year low and the rupee remains among Asia's weaker-performing currencies this year
 "SWAGAT-FI for low-risk foreign investors logs 164 registrations in 100 days")
Aditya Infotech hits 5% upper circuit as QIP opens; stock up 151% YTD
Aditya Infotech's board at its meeting held a day ago authorised the launch of a QIP on September 22 at a floor price of ₹3,648.43 apiece.
 "Aditya Infotech hits 5% upper circuit as QIP opens; stock up 151% YTD")
Milky Mist Dairy Food surges 5%; up 127% from IPO price in five weeks
Milky Mist's share price hit a new high of ₹317.30, more than doubling or skyrocketing 127 per cent against its issue price of ₹140 per share.
 "Milky Mist Dairy Food surges 5%; up 127% from IPO price in five weeks")
SS Retail shares make strong D-street debut, list 51% above IPO price
The offer received bids for 90.83 crore shares as against 87.93 lakh shares on offer. The issue was subscribed 103.30 times.
 "SS Retail shares make strong D-street debut, list 51% above IPO price")
Jindal Supreme shares off to a solid start, list at 31% premium on BSE
Jindal Supreme's IPO was a mix of a fresh issue of ₹100 crore and an offer for sale of ₹25 crore, with a total offer size of ₹125 crore. The IPO price band was set at ₹88-93 per share.
 "Jindal Supreme shares off to a solid start, list at 31% premium on BSE")