Page 47 - Markets News
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")
Venus Pipes jumps 7%, hits 52-wk high on fund raise nod for debt repayment
Venus Pipes Share: Venus Pipes' board approved a preferential issue of 2.23 million equity shares at ₹1,670 per share, with proceeds from the fund raise primarily earmarked for debt repayment.
 "Venus Pipes jumps 7%, hits 52-wk high on fund raise nod for debt repayment")
Asian shares trade mixed after Wall Street falls following Fed rate hike
Japan, South Korea and Australia gained, while Hong Kong and Shanghai declined after the US Federal Reserve raised its key rate by 25 basis points to 3.75-4 per cent
 "Asian shares trade mixed after Wall Street falls following Fed rate hike")
Yatharth Hospital rallies 8% on huge volume, hits record high; here's why
Yatharth Hospital's board is scheduled to meet on Thursday, September 17, to discuss and consider the company's growth plans and fundraising to achieve them.
 "Yatharth Hospital rallies 8% on huge volume, hits record high; here's why")
Juniper Hotels gains 2% on strategic acquisition of Novotel Imagicaa
Juniper Hotels' shares have lost 12 per cent so far this year even as they have rallied 13 per cent in a month, according to NSE data.
 "Juniper Hotels gains 2% on strategic acquisition of Novotel Imagicaa")
Jatin Gedia decodes what next for Nifty if it breaks below 23,000-mark
Nifty 50's crucial support is at the 23,000 - 23,100 zone. A breach below this could lead to a continuation of the downtrend towards 22,600 - 22,500 zone.
 "Jatin Gedia decodes what next for Nifty if it breaks below 23,000-mark")
Asset Reconstruction Company shares debut at IPO price of ₹139 on bourses
Asset Reconstruction shares were trading at ₹151 in the unofficial market, a premium of ₹12, or 8.63 per cent, ahead of the listing today.
 "Asset Reconstruction Company shares debut at IPO price of ₹139 on bourses")
Nifty trend remains weak; move above 23,600 key for recovery: Ajit Mishra
Nifty's recovery above the 23,200 level provides some near-term relief; however, the broader structure remains weak.
 "Nifty trend remains weak; move above 23,600 key for recovery: Ajit Mishra")
Steamhouse India shares list with 17% premium over IPO price
Steamhouse India shares opened at ₹94.50, marking a gain of ₹13.50 or 16.67 per cent over the issue price on the NSE.
 "Steamhouse India shares list with 17% premium over IPO price")
Nifty IT slumps 1% as Fed rate hike sparks fresh selling in tech stocks
The weakness in IT stocks was followed by the US Federal Reserve's decision to hike the key lending rate by 0.25 basis points to 3.75-4 per cent.
 "Nifty IT slumps 1% as Fed rate hike sparks fresh selling in tech stocks")
Syrma SGS Technology soars 9%, up 125% in 2026; what's driving EMS stock?
Thus far this month, the market price of Syrma rallied 15 per cent, and hit a record high of ₹1,676.15 on September 8, 2026.
 "Syrma SGS Technology soars 9%, up 125% in 2026; what's driving EMS stock?")
Manipal Payment shares off to weak start, list at 3% discount to IPO price
Manipal Payment's share price listed at ₹330 on the NSE, down 2.6 per cent, and at ₹332 on the BSE, a discount of 2.06 per cent.
Karamtara Engineering hits 10% upper limit on debut; up 38% from IPO price
Karamtara Engineering shares made a strong debut on the bourses today, yielding a listing gain of 26 per cent to the IPO investors.
 "Karamtara Engineering hits 10% upper limit on debut; up 38% from IPO price")
Rentomojo shares make positive debut, list at nearly 20% premium
Rentomojo shares listed 18.81 per cent higher at ₹480 on BSE and 19.42 per cent higher at ₹482 on NSE.
 "Rentomojo shares make positive debut, list at nearly 20% premium")