Markets News
Shapoorji Pallonji Group lowers entry threshold for its high-yield bonds
Earlier, wealth managers were pitching the bonds to high net worth individuals (HNIs) and ultra-HNIs with a minimum investment of Rs 10 crore and yields of up to 17.80 per cent.
 "Shapoorji Pallonji Group lowers entry threshold for its high-yield bonds")
Domestic demand for non-ferrous metals set to rise 8-9% in FY27
Global supply disruptions and low inventories have triggered a rise in prices by 30-40 per cent across April-Aug 26
 "Domestic demand for non-ferrous metals set to rise 8-9% in FY27")
ICICI Pru MF, SBI MF corner more than half of LIC's ₹31,552 crore OFS
ICICI Prudential MF and SBI MF together bought over half of LIC's ₹31,552-crore OFS, sharply raising mutual funds' holding in the insurer
 "ICICI Pru MF, SBI MF corner more than half of LIC's ₹31,552 crore OFS")
NSE IPO subscribed 43% on the first day of bidding, QIBs' share 19%
The ₹22,560 crore IPO received bids for 38 million shares against 88.6 million on offer, with the non-institutional investor portion subscribed 72 per cent
 "NSE IPO subscribed 43% on the first day of bidding, QIBs' share 19%")
Gold, US Treasuries surge as crude oil slide eases inflation concerns
Gold rebounds after three days of losses as lower oil prices ease inflation concerns and Treasury yields retreat
 "Gold, US Treasuries surge as crude oil slide eases inflation concerns")
Sebi to look into stock broker concerns over MDR on UPI transactions
Brokers in discussion with the market regulator as the charge raises operational cost
 "Sebi to look into stock broker concerns over MDR on UPI transactions")
Insurance stocks gain on expectations of lower distributor commissions
Life and general insurance shares gained amid expectations that Irdai could lower commissions paid to distributors, particularly banks, potentially reducing distribution costs.
 "Insurance stocks gain on expectations of lower distributor commissions")
India's ₹86 trillion urban infrastructure push may spur municipal bonds
Sebi's proposal seeks to lower entry barriers for smaller towns as India faces an estimated ₹82-86 trillion funding requirement for urban infrastructure by FY31
 "India's ₹86 trillion urban infrastructure push may spur municipal bonds")
Stock Market Close: Sensex ends flat, Nifty at 23,271; realty, pharma, auto shares shine
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.92 per cent and 0.76 per cent, respectively
 "Stock Market Close: Sensex ends flat, Nifty at 23,271; realty, pharma, auto shares shine")
Gold at $10k, SIP flows, smallcaps outlook: Chris Wood's India mkt playbook
Over a five- or 10-year view, if I were an Indian mutual fund investor, it makes sense to allocate half of your inflows into small- and mid-cap funds, Wood said.
 "Gold at $10k, SIP flows, smallcaps outlook: Chris Wood's India mkt playbook")
Tata group stocks surge up to 14% as N Chandrasekaran gets 5-year extension
Tata Sons board approved extension of N Chandrasekaran's term as the executive chairman for another 5 years.
 "Tata group stocks surge up to 14% as N Chandrasekaran gets 5-year extension")
Arbitrage funds yet to warm up to Sebi's 1% leeway for CAS exposure
Sebi had eased rules for arbitrage funds in a bid to boost participation from the ₹3 trillion mutual fund category in the CAS
 "Arbitrage funds yet to warm up to Sebi's 1% leeway for CAS exposure")
NSE IPO impact: IFCI, New India Assurance, GIC RE shares rally up to 9%
NSE IPO opened for public subscription on September 17 and will remain available for bidding till September 21.
 "NSE IPO impact: IFCI, New India Assurance, GIC RE shares rally up to 9%")
Sonaselection IPO gets 'Neutral' rating from analysts on cash flow concerns
Sonaselection India IPO is a book-built issue worth ₹141.57 crore. The issue comprises an entirely fresh issue of 1.43 crore equity shares.
 "Sonaselection IPO gets 'Neutral' rating from analysts on cash flow concerns")
Kanohar, Glass Wall Systems zoom 18%; up 40% against issue price in 2 days
Analysts say Kanohar offers attractive investment merit backed by strong order-book visibility, leadership in the transformer segment, healthy profitability, and favorable industry tailwinds.
 "Kanohar, Glass Wall Systems zoom 18%; up 40% against issue price in 2 days")
Post Fed rate hike, experts see up to 50bps RBI policy tightening in CY26
Experts said that the key point is not the size of the increase, but the change in direction, and expect the RBI to consider 50bps hikes in both the October and December policy meetings this year
 "Post Fed rate hike, experts see up to 50bps RBI policy tightening in CY26")
Nifty Midcap down nearly 7% from peak, tests 200-DMA; what chart says?
Amid the downturn, the Nifty Midcap 100 tested its 200-DMA after a gap of five months; presently 58 index constituents traded below the long-term average on the daily charts.
 "Nifty Midcap down nearly 7% from peak, tests 200-DMA; what chart says?")
Turtlemint trails IPO price by 10%, but MOFSL sees a turnaround; here's why
MOFSL has set a target price of ₹180 on Turtlemint Fintech Solutions, implying an upside of around 41 per cent from the previous close of ₹127.74.
 "Turtlemint trails IPO price by 10%, but MOFSL sees a turnaround; here's why")
Emami jumps 7% as board approves share buyback worth ₹282 cr
Emami's board approved a share buyback for an aggregate amount not exceeding ₹282 crore at a price not exceeding ₹475 per equity share, via the open market through the stock exchange mechanism.
 "Emami jumps 7% as board approves share buyback worth ₹282 cr")
Fed hike impact: What 25 bps rate increase means for market & FII flows
In line with expectations, the Fed raised rates by 25 bps, with policy signalling that this cycle will continue.
 "Fed hike impact: What 25 bps rate increase means for market & FII flows")