Page 323 - Markets News
Ahead of IPO, Urban Company mobilises ₹854 cr from anchor investors
As per the circular, the company has allocated 8.29 crore equity shares at Rs 103 per apiece to anchor investors comprising 59 funds. This takes the fundraising to Rs 854 crore
 "Ahead of IPO, Urban Company mobilises ₹854 cr from anchor investors")
Sun Pharma stock concerns may be overstated as domestic growth holds
Analysts say Sun Pharma's stock concerns are overdone, with strong domestic growth, broad-based chronic portfolio gains and resilient Q1FY26 earnings offsetting US market worries
 "Sun Pharma stock concerns may be overstated as domestic growth holds")
Auto stocks drive ₹3 trillion market capitalisation surge on GST cut
Tax cuts drive auto stocks higher as Maruti, Eicher, and TVS surge; analysts expect festival season demand to lift sales and profits across India's automobile sector
 "Auto stocks drive ₹3 trillion market capitalisation surge on GST cut")
IT stocks log biggest gain in four months on Infosys buyback, Fed hopes
IT stocks rose sharply with Infosys surging 5% on its buyback plan, lifting the Nifty IT index 2.8%, as Fed rate cut speculation and rupee weakness boosted sector sentiment
 "IT stocks log biggest gain in four months on Infosys buyback, Fed hopes")
Sebi refuses more data to US trading firm Jane Street as probe deepens
SAT admits US trading firm's plea; next hearing on November 18
 "Sebi refuses more data to US trading firm Jane Street as probe deepens")
Pause in the comeback: Nifty 50's earnings slow again, shows data
After a strong run to 20.4% last year, Q1FY26 delivers a much quieter 7.4% EPS rise - a reminder that recoveries can wobble
 "Pause in the comeback: Nifty 50's earnings slow again, shows data")
Can universal banking license boost Ujjivan SFB's fortunes? Analysts weigh
Ujjivan SFB share price surged today after FY30 roadmap revealed a shift to secured lending, and a possible universal banking license. Analysts see up to 36 per cent upside in stock
 "Can universal banking license boost Ujjivan SFB's fortunes? Analysts weigh")
Sebi comes out with simplified disclosure format for portfolio managers
To facilitate ease of doing business, markets regulator Sebi on Tuesday came out with a simplified format for disclosure documents for portfolio managers.
Sebi eases IPO regulations, allows startup founders to retain ESOPs
Under the existing regulations, promoters are ineligible to hold or be granted share-based benefits, including ESOPs
 "Sebi eases IPO regulations, allows startup founders to retain ESOPs")
Sebi revises InvITs norms, minimum investment slashed to ₹25 lakh
Prior to this amendment, any units held by the related parties of the Sponsor, Investment Manager/Manager, and Project Manager were not counted towards units held by the "public"
Rupee advances as Fed cuts weigh on dollar; ends higher at 88.11/$
Indian Rupee today: The domestic currency closed 15 paise higher at 88.11 against the greenback on Tuesday
 "Rupee advances as Fed cuts weigh on dollar; ends higher at 88.11/$")
Smallcap hotel & resorts stock ITDC zooms 20% on heavy volumes
As many as 2.9 million equity shares representing 26 per cent of total free float equity of ITDC have changed hands on the NSE and BSE
 "Smallcap hotel & resorts stock ITDC zooms 20% on heavy volumes")
Stock Market Highlights: Sensex ends 314 pts higher, Nifty at 24,869 led by IT shares; Infy jumps 5%
Sensex Today | Stock Market Close, September 9, 2025: The Nifty IT index surged 2.7 per cent on Tuesday led by strong buying in Infosys after the company said it shall consider share buyback.
 "Stock Market Highlights: Sensex ends 314 pts higher, Nifty at 24,869 led by IT shares; Infy jumps 5%")
APSEZ, JSW Infra rally up to 4%; what's driving port services stocks?
Adani Ports, JSW Infra gain: Going forward, thrust of the Indian govt on augmenting multimodal connectivity, planned capex for enhancing ports capacity and rising coastal volumes augur well for ports.
 "APSEZ, JSW Infra rally up to 4%; what's driving port services stocks?")
Taxation deters Indian crypto investors amid rising interest: Mudrex
Nearly 90 per cent of investors said they would increase their investments if government policies became clearer
 "Taxation deters Indian crypto investors amid rising interest: Mudrex")
Infosys buyback history, stock reaction today, implications for investors
Infosys shares rose after it said that its board will consider a share buyback proposal at its meeting on September 11, 2025.
 "Infosys buyback history, stock reaction today, implications for investors")
Morgan Stanley bullish on JSW Steel with 'Overweight' call, sees 18% upside
JSW Steel is well-positioned to benefit due to its significant domestic presence and focus on flat steel products, supported by expanding margins from higher HRC prices
 "Morgan Stanley bullish on JSW Steel with 'Overweight' call, sees 18% upside")
Max Healthcare gets new 'Buy' call from Nuvama; target hints at new high
Nuvama assigned a target price of ₹1,430 per share for Max Healthcare stock, a potential upside of 25 per cent from the previous close
 "Max Healthcare gets new 'Buy' call from Nuvama; target hints at new high")
This steel stock zoomed 58% in 3 days; trades above open offer price
Sal Steel was locked at the 10% upper circuit in Tuesday's trading session; after having hit the 20% upper limit in the preceding two trading sessions.
 "This steel stock zoomed 58% in 3 days; trades above open offer price")
This smallcap stock rises 4% on Dabur NewU partnership; details here
Unicommerce Esolutions shares rose 4 per cent on BSE, after Dabur inked an agreement with Unicommerce to streamline and strengthen the omnichannel operations for NewU
 "This smallcap stock rises 4% on Dabur NewU partnership; details here")