Page 5 - Stock Market Today
MOFSL initiates 'Buy' coverage on Aster DM; bets on pan-India hospital play
MOFSL's bullish nod came as Aster DM recently merged with Quality Care India, with the brokerage firm noting that, the Aster DM Healthcare-QCIL merger creates one of India's largest hospital platforms
 "MOFSL initiates 'Buy' coverage on Aster DM; bets on pan-India hospital play")
Clean Max defies market fall, rises 5% after 8.6mn shares trade in block
According to Bloomberg data, a total of 8.6 million shares of the company changed hands in a single block. Further details of the parties involved in the block deal were not immediately available.
 "Clean Max defies market fall, rises 5% after 8.6mn shares trade in block")
Signatureglobal stock reverses gains after 5% surge on project win
The company's latest project will add nearly 6.77 mn sq. ft. of developable potential to the company's portfolio. Its estimated gross development value stands at ₹5,500-₹6,000 crore.
 "Signatureglobal stock reverses gains after 5% surge on project win")
₹31 trn wiped out; nearly 40% of Nifty stocks down over 20% from 52-wk high
18 of the 50 Nifty stocks are trading more than 20 per cent below their respective 52-week highs, with a market cap erosion of ₹31.35 lakh crore in the same period.
 "₹31 trn wiped out; nearly 40% of Nifty stocks down over 20% from 52-wk high")
Stocks to watch today: SAIL, ITC, Petronet LNG, M&M, Tata Steel, NTPC
Stcocks to watch today: SAIL, ITC, Petronet LNG, M&M, Fortis, Tata Steel, NTPC, Fortis Healthcare, Fujiyama Power Systems, Vodafone Idea, are among other stocks that will remain in focus today.
 "Stocks to watch today: SAIL, ITC, Petronet LNG, M&M, Tata Steel, NTPC")
Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'
Runwal Enterprises IPO review: SBI Securities has assigned a 'Neutral' rating, citing negative operating cash flows over the last three years.
 "Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'")
TCI shares jump nearly 15% as board to consider share buyback proposal
he company's board will meet on Tuesday, September 29, to consider a proposal for buyback of fully paid-up equity shares.
AI-led drug discovery to create decade-long CDMO tailwind: Harini Dedhia
AI is a utility for pharma companies, delivering drug discovery in a shorter time frame with far higher chances of success.
Meesho's valuation woes prompt Nomura to assign 'Reduce' tag; stock down 5%
At the current price, Nomura said that Meesho trades at a premium to Eternal and Swiggy, despite their higher NMV growth and cash-cow food delivery businesses.
 "Meesho's valuation woes prompt Nomura to assign 'Reduce' tag; stock down 5%")
NSE shares dip on day 2 of listing, brokerages back long-term growth story
Brokerage firm Emkay, among others, initiated coverage on NSE with a 'Buy' rating and an estimated target price of ₹2,050.
 "NSE shares dip on day 2 of listing, brokerages back long-term growth story")
PB Fintech faces up to 46% earnings risk from Irdai's draft rules: Analysts
Jefferies noted that Irdai's proposed changes could have a "material adverse impact on PB Fintech's near-term earnings".
 "PB Fintech faces up to 46% earnings risk from Irdai's draft rules: Analysts")
F&O: Analyst suggests bear, bull spreads on Bank Nifty, Canara Bank
Nandish Shah of HDFC Securities has recommended a Bear spread on Bank Nifty and a Bull spread on Canara Bank.
 "F&O: Analyst suggests bear, bull spreads on Bank Nifty, Canara Bank")
Nifty plunges 1.6% to five-month low; Sensex ends 1,248 points lower
Nifty suffers its steepest single-day fall since July 8 as Brent crude nears $105 a barrel and selling in banks and NBFCs intensifies
 "Nifty plunges 1.6% to five-month low; Sensex ends 1,248 points lower")
Moneyview IPO nearly fully subscribed on day 1, brokerages bullish
The bidding for the Moneyview IPO opened on September 24, 2026, and will close on September 28, 2026. The allotment is expected to be finalised on September 29, 2026.
 "Moneyview IPO nearly fully subscribed on day 1, brokerages bullish")
Avantel share price soars 9% in weak market on heavy volume
Avantel said in an exchange filing that it won a purchase order worth ₹177.35 crore for satellite communication equipment.
 "Avantel share price soars 9% in weak market on heavy volume")
NSE vs BSE: Which exchange should now be the preferred bet for investors?
On a three-to-five-year view, NSE is the better play. It earned ₹3,122 crore in Q1FY27, over 3.5 times BSE's ₹873 crore.
 "NSE vs BSE: Which exchange should now be the preferred bet for investors?")
NSE's big-bang IPO delivers quiet debut, shares list at nearly 1% premium
The ₹22,562-crore IPO received bids for 50.58 crore shares against 8.86 crore shares on offer, resulting in an overall subscription of 5.71 times.
 "NSE's big-bang IPO delivers quiet debut, shares list at nearly 1% premium")
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")
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%")
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")