Page 49 - Markets News

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

LCC Projects shares make strong debut, list at over 31% premium

LCC Projects shares listed 31.4 per cent higher at ₹191 on BSE and 29.45 per cent higher at ₹189 on NSE.

NSE IPO opens for bidding: Here's how you can apply to the offer

NSE IPO subscription started on September 17 and concludes on September 21. NSE has set the price band at ₹1,700 to ₹1,785. Investors can bid for 8 shares in each lot.

Rupee crosses 96 mark vs US dollar after Fed's first rate hike since 2023

The Fed raised interest rates by 25 basis points on ​Wednesday, its first increase since 2023, with officials expecting one more increase ​this year.

Stocks to watch: Mazagon Dock, JSW Energy, Highway Infra, Fortis & Infosys

Stocks to watch today: LCC Projects, Karamtara Engineering, Manipal Payment, Rentomojo, Steamhouse India and Asset Reconstruction Company (India) are slated to list on the bourses today.