ensex Today, Nifty 50 | Stock Market Highlights: The 30-share BSE Sensex dropped 242.65 points, or 0.33%, to settle at 72,529.07. During the day, it slumped 707.72 points, or 0.97%, to 72,064. The 50-share NSE Nifty declined 64.05 points, or 0.28%, to end at 22,716.20.
From the 30 Sensex firms, Titan, HCL Tech, Tata Consultancy Services, UltraTech Cement, Hindustan Unilever and Tech Mahindra were among the major laggards. Adani Ports, Sun Pharma, Tata Steel and Kotak Mahindra Bank were among the winners.
Brent crude, the global oil benchmark, dipped 0.09% to $105.1 per barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,353.22 crore on Monday, according to exchange data.
The Indian rupee ended nearly flat versus the U.S. dollar to 95.98, as crude oil prices continued to dictate the currency’s momentum while likely central bank intervention limited weakness.
- September 29, 2026 16:08
Orient Cables, German Green Steel IPOs draw strong demand on last day, AceVector, Runwal follow
Orient Cables, German Green Steel IPOs draw strong demand on last day, AceVector, Runwal follow
Four mainboard IPOs — Orient Cables (India), German Green Steel and Power, SoftBank-backed AceVector and Runwal Enterprises — closed for subscription on Tuesday, with demand varying across the issues. Orient Cables attracted the highest investor interest, followed by German Green Steel and Power, while AceVector and Runwal Enterprises also received subscriptions exceeding their respective offer sizes.
- September 29, 2026 15:58
Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fall
Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fall
The rupee had declined 0.2% to 96.1475 in early trading but trimmed losses to close nearly flat at 95.98 as Brent oil prices turned lower on the day, after touching a peak of nearly $108 per barrel.
- September 29, 2026 15:49
Aditya Birla Sun Life AMC launches India's first BSE Total Market Index Fund, ETF
Aditya Birla Sun Life AMC launches India's first BSE Total Market Index Fund, ETF
Aditya Birla Sun Life AMC launches India's first BSE Total Market Index Fund and ETF, tracking 93% of market cap across all caps.
- September 29, 2026 15:49
Shapoorji Pallonji’s Mercury Finance plans $125 million dollar bond reissue
Shapoorji Pallonji’s Mercury Finance plans $125 million bond reissue
Shapoorji Pallonji unit Mercury Finance plans to raise $125 million through a dollar bond reissue, with proceeds to be invested in rupee debt.
- September 29, 2026 15:48
Stock Market Closing Bell: Sensex drops to 72,529.07; Nifty slips to 22,716.20
BSE Sensex ended 242.65 pts or 0.33% lower at 72,529.07 after hitting an intraday low of 72,064. Nifty 50 dropped 64.05 pts or 0.28% to 22,716.20.
On the sectoral front, metal, pharma and healthcare closed with modest gains. All others were in negative territory.
- September 29, 2026 15:37
Stocks in Focus: Navin Fluorine International
Navin Fluorine International board approved funding of ₹75 Crores for debottlenecking of Multi Purpose Plant (‘MPP’) facility at Dahej site by Navin Fluorine Advanced Sciences Limited (‘NFASL’), Wholly Owned Subsidiary of the Company
- September 29, 2026 15:37
Stocks in Focus: KPI Green Energy Limited
KPI Green Energy Limited has informed the Exchange regarding Receipt of Work Order worth approx. Rs. 2,025 crore for 500 MW / 550 MWp Solar EPC Project from NACOF Oorja Private Limited.
- September 29, 2026 15:37
Stocks in Focus: Sai Silks (Kalamandir)
Sai Silks (Kalamandir) approved the extension of the timeline / revision of utilisation of the balance IPO proceeds from the Initial Public Offer (“IPO”) of the Company, amounting to Rs.20.27 Crore
- September 29, 2026 15:36
PB Fintech shares crash 43% in 4 sessions: What is driving the fall?
PB Fintech shares crash 43% in 4 sessions: What is driving the fall?
PB Fintech shares crash 43% in 4 sessions: What is driving the fall?
- September 29, 2026 15:36
PNB scam: Nirav Modi associate Sandeep Mistry arrested after UAE extradition
Nirav Modi associate arrested after UAE extradition in PNB fraud case
CBI arrests Nirav Modi associate Sandeep Mistry after his extradition from UAE in connection with the nearly Rs 6,498.20-crore PNB fraud case.
- September 29, 2026 15:31
IDFC First Bank case: ED searches jewellery shops in Haryana, Punjab over ₹645-crore bank fraud
ED searches jewellery shops in Rs 645-crore IDFC First Bank fraud probe
ED searched 14 jewellery premises in Haryana, Punjab over alleged laundering of Rs 645 crore embezzled from Haryana government-linked bank accounts.
- September 29, 2026 15:30
Gold traders to protest on Oct 15 against MDR on UPI dealings
UPI MDR Row: Gold traders set to protest on Oct 15
Kerala Gold and Silver Merchants Association will stage a protest before Central Government offices on October 15, demanding the withdrawal of merchant discount rates on UPI transactions.
- September 29, 2026 15:20
Fuel rationing begins at India’s Reliance, Nayara pumps as crude prices surge
Fuel rationing begins at Reliance, Nayara pumps as crude prices surge in India
Reliance and Nayara have restricted diesel and gasoline sales at some pumps as rising crude costs widen losses while Indian retail fuel prices remain unchanged.
- September 29, 2026 15:17
Top gainers and losers of Nifty 50
Top gainers: Dr Reddy’s Lab (+2.02%), Adani Enterprises (+1.95%), Adani Ports (+1.38%), Kotak Mahindra (+1.28%), Tata Steel (+1.10%)
Top losers: Titan (-2.54%), Wipro (-2.33%), Max Health (-2.11%), HCL Tech (-1.93%), Grasim (-1.84%)
- September 29, 2026 15:14
Stocks in Focus: Bank of India
Bank of India has gone live with User-Level Programmable CBDC and Auto Issuance on its Central Bank Digital Currency (CBDC) platform, built by Montran India, the companies announced today. Built in line with Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) guidelines, the capability was formally announced in Mumbai.
- September 29, 2026 15:04
Stocks in Focus: Fortis Healthcare
On 25 September 2026, the Supreme Court of India disposed of the Special Leave Petition (“SLP”) filed by Fortis Healthcare challenging the Delhi High Court’s order requiring a forensic audit in relation to Fortis as well as certain observations made concerning the company.
Shares down 1.6% to Rs 816.35 on the NSE.
- September 29, 2026 15:03
At 3 pm, Sensex traded 346.73 pts or 0.48% lower at 72,424.99. Nifty 50 fell 101.25 pts or 0.44% to 22,679
- September 29, 2026 15:03
Stocks in Focus: Kapston Services
Kapston Services informed that Mr. Kalyan Ram Nandamuri, a prominent actor of telugu movies along with his family members and associates Ms.Swathi Nandamuri, Mr.Hari Krishna Kosaraju and Mr. Eswara Narayana Kosaraju, acquired in total 15,00,000 (Fifteen Lakh) equity shares of the Company through bulk deal trades executed on the Stock Exchange on September 25, 2026 and September 29, 2026 from Mr. Srikanth Kodali, Promoter of the Company.
- September 29, 2026 15:03
Stocks in Focus: Datamatics
Datamatics, a leading global Digital Operations, Experiences and Technologies Company, today announced that Prometric, a global leader in credentialing and skills development, has selected Datamatics to support its remote examination operations globally
Shares surged 4.6% to Rs 820.25 on the NSE.
- September 29, 2026 15:02
Stocks in Focus: Coal India (CIL) and Hindustan Urvarak & Rasayan Limited (HURL)
Coal India (CIL) and Hindustan Urvarak & Rasayan Limited (HURL) have executed a Non-Binding Memorandum of Understanding (MoU) for exploring the development of a Coal Gasification based Urea Production at Sindri, Jharkhand.
Shares flat at Rs 424.70 on the NSE.
- September 29, 2026 14:44
Oracle Financial Services Software receives IT order, imposing a penalty of ₹2.6 crore
Oracle Financial Services Software has received an order passed by the Income Tax Department, National Faceless Penalty Centre, imposing penalty of ₹2.9 crore.
Shares down over 2% to ₹10,562 on the NSE.
- September 29, 2026 14:35
Long-term investor base could expand by over 100 million by 2035: EY
Long-term investor base could expand by over 100 million by 2035: EY
EY India's report predicts 100M+ new long-term investors by 2035, driven by youth, women, tier-2/3 households, and digital access.
- September 29, 2026 14:29
Aptech has received a Work Order from the State Government Body with a contract value of ₹3.90 crore. Shares traded at ₹89.14 on the NSE.
- September 29, 2026 14:24
EverBrands India Limited files DRHP with SEBI for its IPO
EverBrands India Limited (formerly known as Culinary Brands Private Limited), a multi-brand food and beverages (“F&B”) platform comprising globally recognized and legacy brands - Subway, Lavazza, Dilmah and its owned Fresh & Honest brand, has filed its DRHP with SEBI for an IPO. The company operates across F&B categories, and the platform comprises the following two verticals –
Quick service restaurants (“QSR”) vertical: The Company holds exclusive master franchisee rights for Subway restaurants across India, Sri Lanka and Bangladesh.
Beverage vertical: The company’s beverages vertical operates as a full-spectrum, integrated, multi-brand beverages platform comprising premium international brands such as Lavazza coffee and Dilmah tea as well as its owned home-grown value-driven Fresh & Honest coffee brand. As a part of this vertical, EverBrands is the exclusive brand partner for Lavazza and Dilmah in India for their coffee and tea products, respectively.
The IPO comprises a fresh issue aggregating up to ₹600 crore.
The proceeds from the fresh issue are proposed to be utilised towards investment in its wholly-owned subsidiary, Culinary Brands India Private Limited (“CBIPL”), for repayment and/or pre-payment of certain outstanding borrowings and funding capital expenditure for setting up new Subway stores under the company-owned-company-operated (“COCO”) format, along with general corporate purposes. The company proposes to deploy ₹125 crore towards repayment/pre-payment of CBIPL’s borrowings and ₹326.85 crore towards setting up new Subway COCO stores.
Each brand in the company’s portfolio has a distinct positioning within its respective category - Subway is the second-largest QSR chain globally as of December 31, 2025 and the third-largest in India by store count as of March 31, 2026. It differentiates itself from other leading QSR players through its fresh, made-to-order, and highly customizable food offering. Lavazza is a globally recognized, authentic Italian coffee brand known for its premium espresso blends, with over 130 years of Italian heritage and a premium positioning. With a presence in over 100 countries, Dilmah has established a strong global footprint and, with over 40 years of expertise, specializes in single-origin teas aimed at offering an authentic, high-quality tea experience. The brand serves marquee food service customers including Marriot, Hyatt and other such players, providing a strong platform to accelerate growth across the HoReCa segment. Fresh & Honest coffee provides Indian coffee through the company’s B2B business and vending machines and has over 29 years of experience serving corporate and retail consumers seeking value-driven Indian coffee, enabling the company to serve a wide range of customer touchpoints and consumption occasions.
As of March 31, 2026, EverBrands had 1,008 Subway stores across India, comprising 678 COCO stores and 330 franchise-owned-franchise-operated (“FOFO”) stores, and 8 FOFO stores in Sri Lanka. Its COCO store network in India increased from 311 stores as on March 31, 2024, to 434 stores as on March 31, 2025 and 678 stores as on March 31, 2026. The QSR vertical generated revenue from operations of ₹693.09 crore in FY26, compared with ₹480.38 crore in FY25 and ₹355.31 crore in FY24.
The company’s installed coffee machine base increased to 9,455 machines as of March 31, 2026, from 8,322 machines as of March 31, 2025 and 7,217 machines as of March 31, 2024. Revenue from operations from the beverages vertical increased to ₹240.57 crore in FY26, from ₹206.36 crore in FY25 and ₹172.16 crore in FY24.
The company operates in India’s food services market, which, according to the TKC Report, was estimated at ₹5,613 billion in FY25 and is projected to reach ₹9,088 billion by FY30, representing a CAGR of 10.1%. Within this, the organised food services segment is projected to grow at a CAGR of 13.5%, from ₹2,798 billion in FY25 to ₹5,273 billion in FY30.
Motilal Oswal Investment Advisors Limited, ICICI Securities Limited and Nuvama Wealth Management Limited are the Book Running Lead Managers to the issue.
- September 29, 2026 14:24
Carlyle-Backed Highway Roop acquires Chamundi
Carlyle-Backed Highway Roop acquires Chamundi, strengthening its leadership in mission-critical torque & control components for automotive and industrial applications
Highway Roop Precision Technologies Limited (“Highway Roop”), a Carlyle-backed manufacturer of mission-critical precision components across torque and control applications, today announced the completion of its acquisition of Chamundi Die Cast Private Limited (“Chamundi”), an Indian manufacturer of complex, precision-machined aluminum die-cast components for automotive and industrial applications.
- September 29, 2026 14:19
Groww rolls out US stocks to select users via GIFT City route
Groww rolls out US stocks to select users via GIFT City route
Investment platform Groww has rolled out access to US-listed stocks and exchange-traded funds (ETFs) to select customers, marking its entry into international investing, people aware of the development said.
- September 29, 2026 14:11
J B Ecotex files IPO papers with SEBI; eyes ₹400 cr via fresh issue
J B Ecotex files IPO papers with SEBI; eyes ₹400 cr via fresh issue
J B Ecotex files DRHP for ₹400 crore IPO with OFS of 1.29 crore shares, targeting loan repayment and growth.
- September 29, 2026 14:10
WeWork India releases inaugural Sustainability Report, advancing its sustainability ambition with Schneider Electric
Partnership to enable data-led energy management and drive greater energy efficiency across WeWork India’s portfolio.
Renewable electricity share rises to 27.8% from 15.3%, while combined Scope 1 and 2 GHG emissions decline by 15.5% year-on-year.
New Delhi, 29th September 2026: WeWork India Management Limited, the industry leader in the flexible workspace sector, today released its maiden Sustainability Report for FY 2025–26, titled Shared Spaces, Shared Responsibilities, developed in collaboration with Schneider Electric, a global energy technology leader. The report reflects WeWork India’s sustainability performance and targets, shaped by a partnership with Schneider Electric that spans real-time energy management and sustainability advisory. Aligned to the Global Reporting Initiative GRI Standards 2021, the report marks an important milestone in WeWork India’s ESG reporting journey, presenting a comprehensive account of its Environmental, Social and Governance performance following its listing in October 2025.
- September 29, 2026 14:08
Aditya Birla Sun Life AMC launches India’s first BSE Total Market Index Fund and ETF
The NFO is starting from 30th September 2026 to 14th October 2026, providing investors an opportunity to gain broad-based exposure to India’s equity market across market capitalisation and sectors.
Mumbai, 29th September 2026: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has announced the launch of Aditya Birla Sun Life BSE Total Market Index Fund and Aditya Birla Sun Life BSE Total Market ETF, with the NFO starting from 30th September 2026 to 14th October 2026 offering investors a new way to participate in India’s equity market through a single, broad-based passive investment proposition.
The launch marks the introduction of the first total market index based on the BSE universe, expanding the range of passive investment solutions available to investors. The fund allows the investors to participate in the whole market rather than having to choose which part of the market to own. With the equity universe spanning multiple market-cap segments, sectors and investment styles, the offerings provide investors an opportunity to gain exposure to a wider cross-section of the market through a passive approach.
- September 29, 2026 14:07
Deepak Chem Tech, a wholly owned subsidiary of Deepak Nitrite, has allotted optionally convertible redeemable preference shares aggregating to ₹80 crore.
- September 29, 2026 14:06
TCIL board approves incorporation of a wholly owned subsidiary company in China
Transport Corporation of India Ltd (TCIL) board approved the incorporation of a Wholly Owned Subsidiary company in People’s Republic of China; and proposal to buy back shares for an aggregate amount not exceeding ₹15 crore.
Shares traded at ₹850.90 on the NSE, down 1%.
- September 29, 2026 14:03
StockGro parent AssetGro Fintech files confidential pre-filed IPO papers with SEBI
StockGro parent AssetGro Fintech files confidential pre-filed IPO papers with SEBI
AssetGro Fintech Ltd, the parent company of stock market research and advisory platform StockGro, has filed preliminary papers with markets regulator Sebi to raise ₹2,000-2,500 crore through an Initial Public Offering (IPO) using the confidential route.
- September 29, 2026 14:03
Tata leadership transition, IPO unlikely to impact ratings, S&P Global says
Tata leadership transition, IPO unlikely to impact ratings, S&P Global says
S&P Global says Tata leadership transition and potential Tata Sons listing won’t immediately affect ratings, but could influence long-term capital allocation and group support.
- September 29, 2026 13:30
Sensex traded 403.11 pts or 0.55% lower at 72,368.61 at 1.26 pm, Nifty 50 shed 117.85 pts or 0.52% to 22,662.40.
- September 29, 2026 13:26
Black Buck surged over 3% to Rs 619.90 on the BSE. The company plans to invest Rs 22 cr in subsidiary TZF Logistics Solutions
- September 29, 2026 13:26
Jindal Supreme (India) informed that Narendra Singh, Plant Head being a part of the Senior Management of the Company, has tendered his resignation from the services of the Company.
- September 29, 2026 13:19
Nuvoco Vistas buys 26% stake for Rajasthan hybrid renewable plant
Nuvoco Vistas Corporation has executed agreement with Clean Max Enviro Energy Solutions Limited for acquiring 26% of the share capital of Clean Max Ilgohp Private Limited (“SPV”), for the purpose of setting up the hybrid renewable energy supply plant at Bhikamkhore, Rajasthan.
Nuvoco Vistas stock up 2% to Rs 333.25 on the NSE; Clean Max surged 3% to Rs 1413
- September 29, 2026 13:15
Indian stocks are breaking long-held supports as selloff deepens
Indian stocks are breaking long-held supports as selloff deepens
The index is down 2.3% this week and is on track for an eighth straight weekly decline, which would mark its longest losing streak since the end of the ‘dot com’ bubble era
- September 29, 2026 13:14
Tata Communications informed the issuance and listing of Commercial Paper amounting to Rs. 550 crore; Shares flat at Rs 1663.90 on the NSE.
- September 29, 2026 12:59
ASSOCHAM Appoints Anshul Singhal Chairman of its Task Force on Warehousing
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has appointed Anshul Singhal, a logistics and industrial real estate veteran, as Chairman of the ASSOCHAM Task Force on Warehousing. Singhal also chairs ASSOCHAM’s National Council for Logistics and Warehousing.
This comes at a time when warehousing has emerged as one of the fastest-growing segments of Indian real estate. Singhal has been a transformative force in India’s logistics landscape, and has spent more than a decade catalysing the country’s warehousing space, bringing a structured, institutional-grade approach to a once-fragmented sector.
“India’s warehousing sector is entering a phase where scale must be matched by efficiency, resilience and technology. The Task Force will bring together industry stakeholders to identify practical solutions, strengthen standards and support policy dialogue. Our priority is to turn these conversations into actionable measures that strengthen India’s warehousing ecosystem and accelerate its next phase of growth,” says Anshul Singhal, Chairman of the ASSOCHAM Task Force on Warehousing.
- September 29, 2026 12:56
S&P says Tata Sons listing may have no immediate rating impact, Tata Group listing, changes may reshape credit
- September 29, 2026 12:55
RBI’s forex blitz drains nearly $20 billion from surplus liquidity, bankers say
RBI’s forex blitz drains nearly $20 billion from surplus liquidity, bankers say
The central bank’s sell/buy swaps have pushed dollar-rupee forward premiums higher, raising the cost of hedging dollar exposure, with the one-year premium up around 50 basis points this month
- September 29, 2026 12:55
Pramerica Life launches Poorna Rakshak plan with guaranteed benefits
Pramerica Life Insurance today announced the launch of Pramerica Life Poorna Rakshak, a non-linked, non-participating individual savings life insurance plan that combines life protection with guaranteed benefits and a choice of income structures. With five distinct variants, the product enables customers to choose how and when they receive their benefits based on their financial goals, income requirements and future milestones.
- September 29, 2026 12:51
Anupam Rasayan completes purchase of 48.2% stake in Bliss GVS Pharma for ₹1,750 cr
Specialty chemicals maker Anupam Rasayan India on Tuesday said it has completed the acquisition of a 48.2 per cent controlling stake in Bliss GVS Pharma for ₹1,750 crore, marking its push into finished dosage formulations.
Anupam Rasayan completes purchase of 48.2 pc stake in Bliss GVS Pharma for ₹1,750 cr
Specialty chemicals maker Anupam Rasayan India on Tuesday said it has completed the acquisition of a 48.2 per cent controlling stake in Bliss GVS Pharma for ₹1,750 crore, marking its push into finished dosage formulations.
- September 29, 2026 12:50
JB Ecotex Limited files DRHP with SEBI for its IPO
Surat-based J B Ecotex Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 5, is a fresh issue for up to Rs 400 crore and an offer-for-sale for up to 12,950,000 equity shares by promoters - Jitendrakumar Fulchand Arya, Ayodhyaprasad Jugalkishore Singhal, Rajesh Ramniwas Gupta, Vishal Kejriwal, Ramdas Laxminarayan Jindal, Himanshu Surendra Jariwala, Hemant Vimalkumar Dhandharia, Monika Rajesh Gupta and Sajjan Kumar Kejriwal.
- September 29, 2026 12:49
Valiant Communications received work order for Rs 4,025 lakh; Shares up 2% to Rs 1467 on the BSE.
- September 29, 2026 12:49
Orient Cables IPO subscribed 20X, German Green Steel nears 12X, AceVector nearly 2 times, Runwal Enterprises cross 1X
Follow out live updates here
IPO GMP LIVE Today: Orient Cables IPO subscribed 20X, German Green Steel nears 12X, AceVector nearly 2 times, Runwal Enterprises cross 1X
IPO GMP LIVE Updates: AceVector IPO, German Green Steel IPO, Runwal Enterprises IPO, Orient Cables, SRIT India IPO, Shah Investor IPO price band & subscription status: IPOs in focus as we track subscription status, anchor book, price band, issue size, GMP, listing date and other key details Follow our stock market live updates here | Stay tuned to businessline for more
- September 29, 2026 12:48
63 Moons Technologies traded flat at Rs 816.70 on the NSE. Its arm Financial Technologies acquires an additional 0.18% stake in Ticker for Rs 8.5 cr
- September 29, 2026 12:48
NCC received a Letter of Acceptance worth Rs 1,077 cr from the Andhra Pradesh government; shares traded at Rs 127.85 on the NSE.
- September 29, 2026 12:48
Pakka Ltd informed the appointment of Manoj Kumar Maurya, presently Commercial Head of the Company, as the Chief Financial Officer on interim basis.
- September 29, 2026 12:47
HDFC Bank shares dip, Q2 results due October 17
HDFC Bank shares remained in focus on Tuesday after the stock dipped nearly 2 per cent to ₹706.25 on the NSE before trading at ₹713.50 at 12.19 pm.
HDFC Bank shares dip, Q2 results due October 17
HDFC Bank stock dips ahead of Q2 results, trading around ₹713 as investors await October 17 earnings.
- September 29, 2026 12:33
Aastha Spintex board approved bonus at the ratio of 1 : 1; Shares traded 5% lower at Rs 37.29 on the NSE.
- September 29, 2026 12:11
Top gainers and top losers of Nifty 50
Top gainers: Dr Reddy’s Lab (+1.56%), Adani Ports (+0.90%), Tata Steel (+0.62%), Coal India (+0.62%)
Top losers: HDFC Life (-1.66%), Bajaj Finance (-1.30%), Eternal (-1.12%), Infosys (-1.11%)
- September 29, 2026 12:10
United Spirits shares 2% down
United Spirits shares were down over 2% to Rs 1387 on the NSE. Nimish Shah, Executive Vice President and Financial Controller, one of the SMPs of the Company, has tendered resignation from the services of the Company with effect from 12th October 2026.
- September 29, 2026 12:05
Markets off day’s low at noon. Sensex traded 130.38 pts or 0.18% lower at 72,641.34. Nifty 50 dipped 37.75 pts or 0.17% to 22,742.50.
- September 29, 2026 12:00
India needs to strengthen domestic oil exploration: Official
India must strengthen domestic oil exploration and technological capabilities to safeguard its energy security at a time when geopolitical tensions and disruptions to global supply chains are increasingly affecting energy flows and prices, a senior Oil India Limited (OIL) official has said.
India needs to strengthen domestic oil exploration: Official
India must bolster domestic oil exploration and tech to safeguard energy security amid global tensions and supply disruptions.
- September 29, 2026 11:58
BSE caution on international ETFs
BSE has advised investors to exercise caution while trading international Exchange Traded Funds (ETFs), particularly those investing in overseas securities. Certain international ETFs are currently trading at a substantial premium to their underlying Net Asset Value (NAV), primarily because mutual funds have fully utilised the available overseas investment limits and, consequently, creation of fresh ETF units is restricted.
For example, if an international ETF has an actual NAV of ₹100 but is trading at ₹140, an investor purchasing it is paying a 40% premium over the underlying assets. If overseas investment limits are subsequently enhanced and fresh units become available, or if the applicable ETF price-band/base-price mechanism changes, this premium could narrow sharply. The ETF could therefore fall from ₹140 towards ₹100 even if the underlying international market remains broadly unchanged.
BSE has accordingly advised investors to verify the latest NAV on the stock exchange/AMFI or trading terminal before placing order
- September 29, 2026 11:57
Westlife Foodworld: Co-promoter Admas Industries Pvt Ltd acquired 1.23% stake via open market between Sept 23 and 28
- September 29, 2026 11:56
HDFC Flexi Cap Fund turns ₹10,000 monthly SIP into ₹23 crore by 2026
HDFC Asset Management Company Limited (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF) and one of India’s leading mutual fund houses, highlighted the long-term wealth creation journey of HDFC Flexi Cap Fund, with a ₹10,000 monthly SIP made on the first business day of every month since inception* growing to approximately ₹22.96 crore as of #Aug 31, 2026.
*Launched on January 1, 1995, HDFC Flexi Cap Fund has completed more than three decades of navigating market cycles and investing across large cap, mid cap and small cap stocks. A ₹1 lakh investment in the fund at inception would have grown to approximately ₹2 crore, compared with approximately ₹37.71 lakh for the NIFTY 500 Index (TRI). The fund has delivered a CAGR of 18.37% since inception and 17.69% over five years, as of Aug 31, 2026.
- September 29, 2026 11:54
HDFC Flexi Cap Fund, which has completed over 31 years since its inception in January 1995
The fund has delivered a 18.37% CAGR since inception , with ₹1 lakh invested at inception growing to approximately ₹2 crore. A monthly SIP of ₹10,000 since inception has grown to approximately ₹21.96 crore. The fund has also outperformed its benchmark, NIFTY 500 TRI, in 21 of its 31 calendar years.
The release highlights the fund’s long-term track record, performance across market cycles and its approach of investing across large, mid and small-cap stocks.
- September 29, 2026 11:53
Commodities Commentary by Manav Modi Commodities Analyst Motilal Oswal Financial Services Ltd
Gold prices steadied near a seven-week low after plunging around 4% in the previous session, as surging Treasury yields, elevated oil prices and expectations of further Federal Reserve tightening continued to pressure bullion. Spot gold briefly fell toward $4,100, while the benchmark 10-year Treasury yield reached its highest level since 2007 as stronger growth expectations, government debt concerns and additional rate-hike expectations intensified the bond selloff.
Markets are now pricing around a 70% probability of another 25-basis-point Fed hike in October, increasing the opportunity cost of holding non-yielding gold.
Oil prices also remained elevated as the U.S.-Iran standoff over reopening the Strait of Hormuz continued, sustaining energy-driven inflation concerns. Meanwhile, speculative positioning weakened, with money managers reducing net-long gold positions to their lowest since July, while gold ETFs recorded modest weekly outflows. Chinese physical demand also softened ahead of the October holiday period.
Despite the sharp correction, continued central-bank purchases and longer-term fiscal concerns remain supportive. Attention now shifts toward U.S. PCE inflation and nonfarm payrolls for further direction on the Fed’s rate path.
- September 29, 2026 11:53
Perspective by Mr. Colin Shah, MD, Kama Jewelry, on the impact of US Tariff to be implemented 18th October onwards on Indian jewellery exports
“This geopolitically influenced trade warfare has led to a sense of panic among Indian diamond and jewellery exporters. Essentially, jewellery manufacturing and exports work on lean margin, mostly single digits to sometime lower end of double digits. With the implementation of a 100% tariff on India, India-US trade will be in jeopardy, and exporters will have to rework their margins, where the overall duties are evenly absorbed among the manufacturers, importers and retailers and still, about 5% to 7% of moderation in retail sticker tags will be passed down to end consumers.
To avoid this situation, exporters are rushing to clear off their orders and process the shipments well before the 18th October to avoid the tariff threat. To absorb the shock and yet keep the ship sailing post the implementation of a 100% tariff, Indian exporters are strengthening business in alternative markets like the Middle East under various trade pacts to diversify and keep the margins as secure as possible.”
- September 29, 2026 11:46
Adani Airport Holdings raises $120 million through local bond issue
Adani Airport Holdings raises $120 million through local bond issue
The proceeds will be used to fund capital expenditure across Adani’s airport network and support its broader growth plans: Source
- September 29, 2026 11:46
US exempts select Indian specialty drugs from 100% tariff
US exempts select Indian specialty drugs from 100% tariff
US grants India 0% tariffs on select specialty drugs, shielding key orphan, gene, cell therapies and more from 232 duties.
- September 29, 2026 11:38
Domestic gold futures decline to ₹1,46,385/10gm
Domestic gold futures decline to ₹1,46,385/10gm
Gold prices on Tuesday dropped by ₹419 to ₹1,46,385 per 10 grams in futures trade amid a fall in spot demand.
- September 29, 2026 11:11
Black Opal Consultants raises ₹15.69 crore from anchor investors ahead of IPO
Black Opal Consultants Limited has raised ₹15.69 crore from seven anchor investors ahead of the opening of its Initial Public Offering (IPO) on September 29, 2026. The company allotted 7,96,200 equity shares at ₹197 per share, the upper end of the IPO price band.
The anchor allocation includes participation from Venus Investments VCC - Venus Stellar Fund, Longthrive Capital VCC - Trendview Capital Fund, Radiant Global Fund - Class B Participating Shares, Uni Growth Fund, Securocrop Bharat Amritkaal Fund I, PESB Alpha Fund and Algoquant Global Opportunities Fund.
The public issue comprises 27,96,000 equity shares in a price band of ₹185 to ₹197 per share, with a lot size of 600 shares. The issue will remain open until October 1, 2026, with the equity shares proposed to be listed on the BSE SME platform.
Prasoon Chauhan, Promoter & Managing Director, Black Opal Consultants Limited, said, “The anchor allocation marks an important step ahead of the opening of our public issue. We remain focused on building Black Opal as a real estate platform across advisory, sales and selective project-led opportunities, with a long-term approach to the business.”
Black Opal Consultants is a Delhi-NCR based real estate platform engaged in real estate advisory, sales and distribution, alongside selective project-level participation. The company has built a network of 25+ developers, 300+ broker partners and 2,200+ customers, and has facilitated real estate sales of more than ₹4,000 crore since inception.
Khambatta Securities Limited is the Book Running Lead Manager to the issue, while Share India Capital Services Pvt. Ltd. is the Underwriter.
- September 29, 2026 11:09
IPO News LIVE: 5 IPOs close today - AceVector, German Green Steel, Runwal Enterprises, Orient Cables & Sai Urja
Follow our live updates here:
IPO LIVE: SRIT India, Shah Investor, AceVector, German Green Steel, Runwal Enterprises, Orient Cables IPO Day 2 & 3 updates
SRIT India IPO, Shah Investor IPO, AceVector IPO, German Green Steel IPO, Runwal Enterprises IPO, Orient Cables IPO Day 2 & 3 updates, news today live updates: IPOs in focus as we track subscription status, anchor book, price band, issue size, GMP, listing date and other key details
- September 29, 2026 11:08
BlueStone has unveiled its flagship store on Park Street, Kolkata
- September 29, 2026 11:04
Landmark Cars Ltd will add a BYD Facility in Noida and a Mahindra & Mahindra showroom at EM Bypass, Kolkata, West Bengal; Shares rallied over 10% to Rs 525 on the NSE.
- September 29, 2026 11:03
At 11.01 am, Sensex traded 583.24 pts or 0.80% lower at 72,188.48. Nifty 50 fell 180.85 pts or 0.79% to 22,599.40.
- September 29, 2026 10:59
Sagar Cements traded 2% lower at Rs 146.90 on the NSE. Subsidiary Andhra Cements completed expansion of cement grinding capacity to 3 MTPA from 1.82 MTPA
- September 29, 2026 10:56
Quote on NSE post listing by Mr. Saikat Kumar, Board Member, Red Lions Capital, ADGM; MD & CEO, DIP Market
“The NSE listing marks the transition of a core piece of India’s market infrastructure into a publicly owned institution. Its scale, market position and profitability are significant strengths, but the valuation also places the emphasis on sustained earnings growth. Going forward, investors will be watching the evolution of derivatives activity, regulatory changes and NSE’s ability to diversify beyond transaction-led revenues. The listing-day move is less important than how the business performs through the next market cycle.”
- September 29, 2026 10:55
H.G. Infra arm H.G. Gobindpur Tangi Highway achieves financial close for NHAI project
H.G. Gobindpur Tangi Highway Private Limited, a wholly owned subsidiary of H.G. Infra Engineering, has received a letter of Financial Close from National Highways Authority of India.
Project cost: Rs 1582.11 crore
- September 29, 2026 10:53
H.G. Gobindpur Tangi Highway Private Limited, a wholly owned subsidiary of H.G. Infra Engineering, has received a letter of Financial Close from National Highways Authority of India.
Project cost: ₹1,582.11 crore
- September 29, 2026 10:53
Great Eastern Shipping Company to acquire new building
Great Eastern Shipping Company entered into a contract to acquire a new-building Suezmax Tanker of about 157,000 dwt, to be constructed in the Far East by one of the world’s leading shipbuilders.
Shares up 1.5% to Rs 1555.50 on the NSE.
- September 29, 2026 10:40
Power Mech Projects rose over 1% to ₹2,395.45 on the NSE on securing a ₹279 crore order from a Telangana power utility
- September 29, 2026 10:32
Waaree Renewable Technologies Ltd solar order value rises by ₹14 crore
Waaree Renewable Technologies stock traded at ₹817.35 on the NSE, down 1%. The order value for development of a 2,012.47 MWp ground-mounted solar PV project has been enhanced by ₹14 crore.
- September 29, 2026 10:31
MCX Aluminium: Near-term picture is unclear
MCX Aluminium: Near-term picture is unclear
MCX Aluminium trades in a ₹345-₹349 range; outlook unclear with key resistance at ₹349-₹350 and potential support at ₹343-₹343.
- September 29, 2026 10:31
Anthropic's IPO prospectus shows sweeping AI vision, surging costs
Anthropic's IPO prospectus shows sweeping AI vision, surging costs
Anthropic's IPO prospectus reveals explosive revenue growth and staggering losses, a $2 trillion potential valuation, and looming AI-safety concerns.
- September 29, 2026 10:30
Nifty Prediction Today – September 29, 2026: Nifty 50 Futures: Bearish, but crucial supports coming up
Nifty Prediction Today – September 29, 2026: Nifty 50 Futures: Bearish, but crucial supports coming up
Nifty 50 Futures contract can bounce back from the 22,500-22,450 region
- September 29, 2026 10:12
IRFC shares traded at Rs 77.30 on the NSE, following a Rs 4,200-crore term loan agreement with Damodar Valley Corporation (DVC)
- September 29, 2026 10:10
Anupam Rasayan India paid consideration for a 48.2% controlling stake in Bliss GVS Pharma Limited at ₹299 per share; Shares dip 0.83% to Rs 1,177.30 on the NSE.
- September 29, 2026 10:10
BSE shares rise 1.6%, stock to replace Wipro in Nifty 50 reshuffle
BSE shares rise 1.6%, stock to replace Wipro in Nifty 50 reshuffle
BSE enters Nifty 50, replacing Wipro as Indian markets reshuffle with notable index changes and anticipated passive flows.
- September 29, 2026 10:10
Fitch Ratings assigns ‘BBB-’ rating to Bank of India’s $1 billion MTN programme
Fitch Ratings assigns ‘BBB-’ rating to Bank of India’s $1 billion MTN programme
Fitch Ratings has assigned Bank of India’s $1 billion medium-term note (MTN) programme a ‘BBB-’ rating.
- September 29, 2026 10:05
Nifty slips below 22,700 as crude, US yields pile pressure on markets
Nifty falls below 22,700 as crude, US yields pressure markets
India’s stocks open weaker as Nifty slips below 22,700 amid crude, US yields pressure; mixed cues from FIIs, sectors, and global macro risks.
- September 29, 2026 10:04
Tata Group stocks in focus
Tata Group stocks in focus as Tata Trusts, which holds a 66% stake in Tata Sons, has proposed merging Tata Electronics Systems Solutions Private Ltd (TESS) and Tata Consulting Engineers (TCE) with Tata Sons Private Ltd (TSPL).
TCS (-0.65%), TCP (-0.32%), Tata Steel (-0.89%), Tata Motors (-1.02%), TMPV (-2.59%), Tata Investment (-2.35%), Tata Capital (-1.71%), Tata Power (-1.40%)
- September 29, 2026 09:57
Coforge appoints Akhil Gupta as Non-Executive Independent Director, Chairperson
Coforge appoints Akhil Gupta as Non-Executive Independent Director, Chairperson
Akhil Gupta named Non-Executive Independent Director and Chairperson of Coforge for five years, bringing extensive governance and industry expertise.
- September 29, 2026 09:57
Brokerage recommendations
BNP Paribas On JSW Energy
Maintain Neutral, TP Rs 600/share
Capacity addition inline with estimates
Remains as a key positive for the company
FYTD addition at 1.6GW includes 300MW inorganic thermal
See significant order pileups which could impact execution timeline (Toshiba JV)
Co orders the entire 3.2GW turbine generators
Macquarie On Sun Pharma
Maintain Outperform, TP Rs 2150/share
On In-licencing of PCSK9 inhibitor
The product received European Commission approval on 21 September 2026.
Under the agreement, Co will make upfront, milestone, and royalty payments
Moving into cardiovascular therapy to leverage Organon platform
More cross-selling opportunities expected with this licensing deal
CITI On IT
Continued weakness in a seasonally strong Q2
Indian IT is heading towards a fourth consecutive subdued growth year.
Expect 2QFY27E cc organic services revenue at -0.7% to ~+1.5% qoq for leading 6 companies.
Continue to see weakness near-term; margin trajectory is another focus as currency gains are limited in 2Q (compared to past few Qs).
NSE IT now trades at 16x 1-year forward consensus EPS; below pre-pandemic 5year averages but well above global peers
HSBC on Ola Electric
Reduce TP Rs 24
Giga Factory visit takeaways
Ola accelerates battery manufacturing and localisation; it expects yields to reach c90% from c70% in next 6-9 months
Ola future factory reflects automation and vertical integration supporting management claim of better operating margins
Rebuilding of brand image and management’s commitment delivery remain key monitorables
Kotak on Schaeffler (Management Meet)
Domestic auto segment continues to outpace the industrial segment, where demand remains mixed
Export growth of 15-20% is driven by capacity availability rather than a defined geographical strategy
Localization, now at 80%, remains the anchor of the export and cost strategy
Order pipeline remains healthy, with capacity additions
Vitesco integration progressing according to plan
Kotak On Electronic Manufacturing Services Sector
Cyient DLM-Increase FV to Rs1,740 (from Rs1,050)-Maintain Sell
Avalon Tech-Increase FV to Rs770 (from Rs430)-Maintain Sell
Semiconductor equipment opportunity emerges
See strong growth for Cyient and Avalon
With revenues quadrupling in the next six years (25%+ CAGR)
Semiconductor and other new ventures will only start contributing to numbers from FY2029 in a meaningful way
India EMS: Components offer an opportunity beyond fabs/OSAT
Nomura - September Commodity Price Tracker
Most raw material prices, except for Brent and HDPE, have either remained range-bound or softened MoM in September
Least impacted: Marico
Most impacted: Godrej Consumer Product, Colgate Palmolive India, HUL, and Paints
However, prices are still up q-q/y-y at levels materially above the product price hikes taken by consumer companies in 1QFY27
Kotak Insti on Equitas Small Finance Bank (Management Meet)
Maintain Buy, FV unchanged at Rs 95/share
Business momentum has picked up across segments
Trends in asset quality are encouraging
Operating profitability is expected to improve, led by favorable mix changes and operating leverage
Valuations offer headroom
Morgan Stanley On IIP Growth (August Data)
Within manufacturing, 18 out of 23 groups recorded positive growth, led by electrical equipment, motor vehicles, trailers and other transport equipment.
The trend in industrial activity improved in August, reversing the monsoon-related softness in July
In addition, other high-frequency indicators, including industry credit growth, capital goods and infrastructure-related activity, continue to hold up
Expect private capex to gather pace in the coming quarters, supported by resilient domestic demand, improving capacity utilization and continued policy support
Axis Capital IC on EIH
Initiate Buy, TP at Rs 385/share
EIH owns several marquee assets in the domestic/international markets.
Pipeline, although reviving after a period of stagnation
Valuations are attractive (12Y low)
Growth improving on both pipeline and RevPAR outperformance
Are-rating is due that could boost medium-term returns.
CLSA On Indian Autos (Industry Meet)
Outlook on demand remains resilient
Managements expecting the festive season (Sep-Nov) to deliver mid-to high single-digit growth despite a high base from last year
This was supported by the GST rate cut.
However, raw material cost inflation is expected to pressure margins even beyond the September quarter, potentially leading to further price hikes.
Entry-level products continue to face challenges in passing through the cost inflation.
The electrification outlook has improved across both 2Ws and PVs, supported by the recent increase in retail fuel prices and new launches.
Players are expanding capacity to cater for incremental demand.
Preferred picks in the space remain M&M, Bajaj Auto and Ather Energy.
- September 29, 2026 09:52
JP Morgan stock recommendations
JP Morgan On Power Equipment
Order inflow pickup likely ahead
Incremental pricing/ margins key to monitor
Leading indicators of domestic order inflow are showing a pickup
Transformer capacity constraints easing over the next 12-18 months
Export opportunity (barring tariff concerns) remains strong and can provide offsets.
Top picks- GE Vernova T&D and Hitachi Energy India at Overweight; and Siemens Energy India at Neutral
JP Morgan On Consumer Staples
Management narrative is turning a bit more cautious at the margin as inflationary pressures are trending up
Q2 volume trends stay steady and healthy in most pockets, risks are building up for 2H.
Margin visibility, which appears to be weakening as companies prioritize volume/market share.
See a risk of downward earnings revision if commodity inflation sustains at elevated levels
Preferred picks include Tata Consumer and Marico
- September 29, 2026 09:52
JPM's stock recommendations
JPM on Coforge
OW, TP Rs 1850
Announced appointment of Akhil Gupta as Additional Director (Non-Executive Independent Director) & Chairperson, effective immediately, for a term of 5 years
Coforge’s board has been able to backfill chair position earlier than thought & could likely appoint another board member well within its guided three-month time frame
After appointment of chair & likely a subsequent Independent Director, focus should shift back to core performance, AI traction, Encora integration and the company’s 5 year goals.
JPM on Financials
Remain constructive on PNB Housing & IIFL Fin post management meetings
Following stood out as key takeaways for housing and gold lenders:
1) The influx of liquidity from FCNR flows is neither driving banks to raise competitive intensity in mortgages, nor translating into lower CoF for NBFCs;
2) PNBHF’s NIM could benefit by 10bps/3-5% EPS for every 25bps policy rate hike, while IIFL has limited ability to pass higher rates on to gold loan borrowers;
3) NBFCs continue to gain market share across both the housing and gold loan segments;
4) Asset quality remains pristine, with modest risks confined to the micro-LAP segment.
PNBHF is top pick among housing finance companies, & IIFL top pick among gold lenders
- September 29, 2026 09:52
Jefferies stock’ stock recommendations
Jefferies on Petronet
U-P, TP Rs 240
Management expects to increase PAT 2.5-fold by FY31.
Volumes have recovered to pre-Hormuz conflict level, though further upsides are limited till LNG prices correct.
Dahej regas tariff negotiation is unlikely to see any adverse adjustment for PLNG.
Kochi terminal utilization should improve FY28 onward on connection to national grid.
PDHPP project remains on schedule though we remain concerned on economics.
Jefferies on Telecom
Pickup in sector’s mobile subscriber adds in Aug-26 was positive.
Bharti’s active subscriber base declined by 0.1m (vs. +0.3m in Jul-26), reflecting impact of tariff interventions, with residual pressure likely in Sep-26.
VIL continued to lose active users ex M2M, although declines moderated vs. the past 12-month avg., suggesting early signs of stabilisation.
Home broadband remained the standout, delivering stronger net adds vs. the mobile segment.
Jefferies On Fan Industry
In the otherwise mature India Fans market, Premiumization and Technology adoption are key catalysts
Fans are est 48% of household electricity consumption in Rural and 16% in Urban.
India Fans market is now ~90% penetrated, with est +10% CAGR over FY26-31e,
Premium (18% CAGR) & BLDC Fans (30% CAGR) are higher-growth segments
Crompton- Over FY26FY31e, company envisages +100bps rise in Fans market share; Premium Fans est at 30% of sales mix vs 25% in FY26
Havells- FY26-BLDC fans were approx. ~40% of HAVL’s ceiling fan offerings
Orient Electrics- Fans are part of Electronic Control Device segment which is 70% of their sales.
Alert-BLDC- Brushless Direct Current
Jefferies On Power
Ministry of Power, under Section 11 emergency provisions
Has ordered 112 captive thermal power plants to operate at maximum capacity from Oct 1st to Dec 31st 2026
Ordee to meet an expected rise in power demand.
Coal stocks at thermal plants have fallen to 7 days, with the ministry considering mandatory blending of imported coal to ease supply.
Remain constructive on the sector.
Top picks – Adani Energy Solutions, JSW Energy and NTPC.
Jefferies On IndusInd Bank (Road-Show)
Maintain Buy, TP Rs 1250/share
The new mgt team is in place
Focus on improving quality, lowering the cost of deposits, growing loans with better mix
This will drive improvement in RoAs in FY27 & over the next 2-3yrs.
Switch to ECL will reduce the capital base by 100bps, but RoA impact will be lower.
Risk is from proposal to lower banca commissions. I
Improving RoA & reasonable vals could aid re-rating
- September 29, 2026 09:51
UBS on Kalyan Jewellers
Buy, TP Rs 900
Management call takeaways
A stronger H2 growth outlook despite high base
Gold price on demand and ticket size impact varied across segment
Aggressive network rollout to continue
Gold savings schemes provide SSG visibility
Gold exchange to remain high, but margins will be managed
- September 29, 2026 09:50
Goldman Sachs’ stock recommendations
GS on Zomato
Buy, TP Raised to Rs 385
Despite stock’s recent rally, Zomato remains one of top picks within India internet due to following four key reasons:
(i) Greater visibility with each subsequent quarter into the company’s US$1 bn FY29 EBITDA guidance, which believe could continue to drive multiple re-rating;
(ii) Early signs of share gains in food delivery after multiple quarters of stable market shares, and with Zomato’s ability to continue to inch up margins;
(iii) Sustained strength in Blinkit’s growth, with significant upside risks if the company were to deliver on its 60% 3Y NOV CAGR (GSe at 45%);
(iv) (iv) Optionality from new businesses including Going Out
GS on Azad Eng
Buy, TP Rs 3315
Inaugurates two dedicated facilities for GE Vernova
Believe facilities are particularly relevant given:
1) gas-turbine expansion remains one of Azad’s key medium-term growth drivers;
2) company continues to move up the value chain from a component supplier toward a broader platform/integration partner;
3) its sizable order book provides multi-year revenue visibility, while further product/customer qualifications offer incremental optionality beyond the existing base.
GS on Interglobe Aviation
Buy, TP Rs 5900
Reiterate Buy as believe
1) Indigo’s consistent market share gains (from ~50% in FY20 to ~65% in August 2026) are sustainable, given the liquidity challenges faced by the no. 2 player;
2) industry fleet additions over the medium term are likely to be modest, which will support yields in our view;
3) Indigo’s cost leadership will likely drive improvement in profitability;
4) international business has a long runway for growth.
While there are near-term fuel cost-related headwinds, expect significant improvement in profitability in FY28
Value Indigo at 10.4X FY28E EV/EBITDAR (derived from the long-term median multiple)
- September 29, 2026 09:48
Market view by Gaurav Udani - Founder, Thincredblu
Nifty is expected to open flat around 22,780, close to yesterday’s low. With Nifty monthly expiry today, volatility is likely to remain elevated and sharp intraday swings can be expected.
The immediate support is at 22,650–22,750, while 22,900–23,050 will act as the key resistance zone. The market remains weak after the recent decline, and the bias is likely to remain cautious unless Nifty manages to reclaim the 22,900–23,050 zone.
Any recovery towards resistance can see selling pressure, while a decisive break below 22,650 can lead to further weakness. At the same time, if the 22,650–22,750 support zone holds, some short-covering recovery cannot be ruled out.
Given the monthly expiry, traders should expect higher volatility and let price action around these levels provide access to action rather than chasing sharp moves.
- September 29, 2026 09:48
Namra Jewels launches diamond-studded jewellery collection for Gen Z
Mini Diamonds (India) announced Namra Jewels Private Limited (“Namra Jewels”), its wholly owned subsidiary, has launched a new lab-grown diamond-studded jewellery collection designed specifically for Gen Z and young consumers. Priced below ₹50,000, the collection combines contemporary styling, quality craftsmanship and accessible luxury.
- September 29, 2026 09:46
Market commentary by Harish Vatnani, Head of Trade, ZebPay
“ETH/USDT daily market structure remains bullish but currently consolidating after the strong breakout from the 1,990- 2,000 zone toward $2,800. Price is forming lower highs below 2, 700 to 2,730 while holding above key support around $2,610. A breakout above $2,730 could open the way toward $2,800+, whereas a daily close below $2,610 would weaken the structure and expose 2,550 to 2,580 as the next support zone.
Technical Analysis
On the daily chart, ETH is moving within a short-term descending channel/contracting structure after rejecting the $2,800 high. Price is making lower highs along the descending upper trendline, while the lower side is being supported around the 2,580 area. Repeated rejection at the upper trendline indicates resistance, a daily breakout and close above the trendline around 2,700 would invalidate the immediate bearish channel structure and open the way toward $2,800. Conversely, rejection from the trendline followed by a break below the lower support would extend the correction toward $2,550 and potentially $2,430. The broader rising trendline/moving-average structure remains intact as long as the major support zones hold.
At the time of writing, ETH was trading at approximately $2,656.
Summary:
ETH is consolidating within a short-term descending channel after rejecting near $2,800. Price is repeatedly facing resistance at the descending trendline, while 2,580 acts as the key support zone. A breakout above the upper trendline would signal bullish continuation toward $2,800, while a breakdown below the lower support could extend the correction toward 2,550.”
- September 29, 2026 09:46
IRB Infrastructure Developers raises Rs2,351 crore through Institutional Placement (“IP”) and Preferential Allotment of Units
IRB Infrastructure Developers Limited, India’s premier and largest highway infrastructure assets development and management platform, has announced that its sponsored Public InvIT, IRB InvIT Fund, has successfully raised Rs.2,351Crs through an Institutional Placement (“IP”) and Preferential Allotment of Units
Shares down 2% to Rs 16.83 on the NSE.
- September 29, 2026 09:45
Market view by Avinash Shekhar, Co-founder & CEO, Pi42
“Bitcoin is trading around the $83,500 mark after giving back some of its recent gains, as rising US Treasury yields, higher oil prices and expectations of further monetary tightening keep risk appetite in check. Ethereum is holding near $2,680, while the broader crypto market is seeing similar consolidation after the strong run-up seen through the quarter.
For Bitcoin, the $82,000–$83,000 zone remains an important near-term support area, while a move back above $85,000 could help restore momentum towards the recent highs. With key US inflation and employment data due this week, macro cues are likely to remain the primary driver of volatility across crypto markets in the near term.”
- September 29, 2026 09:44
Market outlook by Purvang Mashru, Lead Analyst, BitDelta India
Bitcoin came under renewed pressure, falling 1.5% to $82,790, while Ethereum declined 0.6% to $2,658. The weakness extended across the market, with BNB, Solana, XRP, Dogecoin, Cardano and Avalanche all trading lower.
Chainlink was the notable exception. The token gained 8.0% to $15.25 and traded as high as $15.77. Excluding Chainlink, nine major cryptocurrencies averaged a 2.9% decline.
Selling was concentrated in higher-beta assets. Cardano fell 5.4%, Dogecoin 4.6%, Solana 4.3% and Avalanche 3.7%. Solana, BNB and XRP finished within 3% of their 24-hour lows, while Bitcoin retained only 13% of its intraday range. This indicates that buyers struggled to regain control before the Asian morning.
The international backdrop also turned more restrictive on 28 September. US-Iran tensions pushed Brent crude to a $105.28 settlement, while the US two-year Treasury yield reached 4.92% and the 10-year yield rose to 5.24%. The S&P 500 declined 0.8% and the Nasdaq fell 0.9%. Markets also priced a probability above 70% of another Federal Reserve rate increase in October.
Institutional flows offered some support. The completed US fund session dated 25 September recorded $134.5 million of Bitcoin ETF inflows and $87.0 million for Ether.
Bitcoin support is near $82,560, followed by $82,000. Resistance sits at $83,000 and $83,400. A reclaim of $83,400 with broader participation would improve the setup. A break below $82,560 would signal further deterioration.
- September 29, 2026 09:44
Adani Group stocks in focus:
SEBI has passed a Settlement Order in connection with settlement applications filed by Adani Group, Gautam Adani, Rajesh Adani and former director Vneet Jaain. The matter has been settled without admission or denial of the alleged violations, findings of fact or legal conclusions.
Adani Group stocks in focus:
Adani Power (-1.09%), Adani Enterprises (-0.79%), Adani Ports (-0.02%), Adani Energy (-0.45%), Adani Green (-0.52%), ATGL (-0.74%)
- September 29, 2026 09:43
Market Commentary by Riya Sehgal, Research Analyst, Delta Exchange
Crypto markets remain under pressure as higher U.S. Treasury yields, oil prices and expectations of another Fed hike weigh on risk assets.
Bitcoin is near $82.9K after failing to hold above $84K. On the 2-hour chart, BTC is below the 20, 50 and 100 EMAs. Support sits at $82K–$82.5K, a break could expose $80K–$80.6K. Resistance is at $83.8K–$85K.
Ethereum is near $2,655 and below its short-term moving averages. Support sits at $2,640, followed by $2,610–$2,625. Resistance remains at $2,680–$2,700.
Focus now shifts to U.S. JOLTS data today, PCE inflation on Wednesday and the September jobs report on Friday. Stronger labor data could support Fed hike expectations and pressure crypto, while weaker data could ease yields and support risk assets.
Overall, the market is seeing volatility and repeated rebounds and rejections, but the move remains closer to macro-driven deleveraging and consolidation than a broad sell-off.
- September 29, 2026 09:43
ATPL sells JLG lending business to TVAM in going-concern slump sale
BLS International: Atyati Technologies’ step-down subsidiary Atyati Technologies Private Limited (ATPL) has approved the sale of its Joint Liability Group (JLG) financial lending business to TVAM Technologies Private Limited (TVAM) through a slump sale on a going-concern basis
- September 29, 2026 09:37
Ola Electric traded 3% lower at Rs 36.70 on the NSE. The board approved rights issue of partly paid equity shares to raise up to ₹1,000 crore.
- September 29, 2026 09:37
Sensex slides over 560 pts
- September 29, 2026 09:37
Axiscades Technologies hit upper circuit, trading 10% higher at Rs 2,067.40 on the NSE amid block deal
- September 29, 2026 09:34
IPO News live today: Four mainboard IPOs, German Green Steel and Power, ACEVECTOR, Runwal Enterprises, Orient Cables (India), and one SME Sai Urja Indo Ventures IPO will conclude today
Follow our IPO live updates here
IPO LIVE: SRIT India, Shah Investor, AceVector, German Green Steel, Runwal Enterprises, Orient Cables IPO Day 2 & 3 updates
SRIT India IPO, Shah Investor IPO, AceVector IPO, German Green Steel IPO, Runwal Enterprises IPO, Orient Cables IPO Day 2 & 3 updates, news today live updates: IPOs in focus as we track subscription status, anchor book, price band, issue size, GMP, listing date and other key details
- September 29, 2026 09:25
Gold lingers near seven-week low ahead of US economic data
Gold steadied on Tuesday but hovered at a more than seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer, while investors awaited a slew of US economic data.
Gold lingers near seven-week low ahead of US economic data
Gold holds near a seven-week low as US data and Fed rate expectations keep markets cautious.
- September 29, 2026 09:24
Sensex declines over 400 pts
- September 29, 2026 09:24
Top gainers and top losers of Nifty 50:
Top gainers: Dr Reddy’s Lab (+1.61%), Cipla (+1.24%), Sun Pharma (+0.74%), Apollo Hospitals (+0.42%), Hindalco (+0.21%)
Top losers: TMPV (-1.81%), HDFC Life (-1.64%), Bajaj Finance (-1.06%), Trent (-0.91%), M&M (-0.87%)
- September 29, 2026 09:21
Benchmarks continue to trade in negative territory
Sensex traded 236.14 pts or 0.32% lower at 72,535.58 at 9.16 am after opening at 72,633.68 from 72,771.72 previous close. Nifty 50 fell 62.50 pts or 0.27% to 22,717.75.
Healthcare and pharma were the only sectoral indices trading with modest gains.
- September 29, 2026 09:15
SEBI rejects charge of minimum public shareholding violation by Adani Group companies
SEBI rejects charge of minimum public shareholding violation by Adani Group companies
SEBI clears Adani Group in MPS and PFUTP probe, finding no evidence of control or violations.
- September 29, 2026 09:11
Rupee falls 16 paise to 96.13 against US dollar in early trade
- September 29, 2026 09:11
Rising US yields, oil headwinds put RBI's rupee 96 buffer to the test
The Indian rupee is expected to come under pressure at Tuesday’s open, weighed down by higher US yields and oil prices, putting it at risk of slipping past the 96-a-dollar mark, seen as a key near-term support level.
The rupee is expected to open in the 95.99-96.02 range, per traders, after settling at 95.9825 per dollar on Monday. (Reuters)
- September 29, 2026 09:03
India bonds may steady after rout, but US yield, supply risks persist
Indian bonds are likely to find a wary foothold early on Tuesday after a punishing rout drove the benchmark yield to a more than two-year high, though elevated US yields, sticky oil prices and supply are likely to keep the market on edge. (Reuters)
- September 29, 2026 08:33
Market review by Vikram Subburaj, CEO, Giottus.com
Bitcoin is trading around $83,560, down about 1.25% over 24 hours. BTC has pulled back from the September 21 high of $86,617 and briefly fell below $83,000 on September 28. Immediate support is around 82,000-83,000. A stronger support zone is around 80,000-82,000. Resistance is around 85,000-85,800, followed by 87,000-87,400. Bitcoin is still up about 6.9% over the past month.
ETF demand remains a major source of support. US spot Bitcoin ETFs recorded outflows of $450.4 million on September 15 and $295.9 million on September 16. Flows then reversed sharply. They recorded $159.5 million on September 17 and $433.0 million on September 18. Inflows increased to $999.0 million on September 21 and $714.7 million on September 22. They then recorded $346.9 million on September 23 and $190.7 million on September 24. Inflows stood at $134.5 million on September 25. The September 17-25 period therefore saw about $2.98 billion of net inflows.
The derivatives picture has weakened. Bitcoin futures open interest has moved towards yearly lows. Remaining leveraged positioning is tilted towards bearish bets. This suggests that speculative leverage is no longer driving the market in the same way as during the September 21 rally. Strategy also bought 1,665 BTC at an average price of $85,681 during the week ended September 27.
Large-cap altcoins have also weakened. CoinMarketCap readings put ETH around $2,682, BNB around $763, XRP around $1.48, SOL around $118 and TRX around $0.336. ETH remains up about 9.4% over the past month. BNB is up about 10%. SOL is up about 12.5%.
Macro is now the main pressure point. The US 10-year Treasury yield has moved above 5.25%. The two-year yield is approaching 5%. Markets are pricing more than a 70% chance of an October Fed rate hike. Brent crude is near $106 a barrel. The September 30 PCE inflation report and October 2 payrolls data are the next major catalysts.
Our advice: Investors should avoid chasing volatile moves. The 82,000-83,000 zone is important support. ETF flows remain constructive, but Treasury yields, oil prices and upcoming US inflation and employment data will be critical for the next direction.
- September 29, 2026 08:33
POONAWALLA FINCORP – PAT TURNS POSITIVE AT ₹542 CR
Financial Performance
- FY26 PAT: ₹542 Cr
- FY25 PAT: ₹(98) Cr loss
- FY26 RoMA: 1.08%
- Standalone AUM: ₹67,054 Cr
- AUM date: June 30, 2026
Capital & Balance Sheet
- Q1FY27 QIP raised: ₹2,500 Cr
- Networth: ₹13,060 Cr
- Gearing improved to 3.85x
- Previous gearing: 4.72x
Shareholding
- Promoter group stake: 59.02%
- Shareholding as of June 30, 2026
- Market cap: ₹42,078 Cr
Key Takeaway
- Company returned to profitability
- AUM crossed ₹67,000 Cr
- QIP strengthened capital base
- Lower gearing improves balance sheet
- September 29, 2026 08:33
India Stocks to Watch
Top items
- Tata Trusts proposes Tata Sons merge with two unlisted units to stave off a listing order; reorg to ensure Tata Sons won’t be a “shadow lender”
- Allcargo Logistics: Kulkarni resigns as MD & CEO, effective Dec 31
- HCL Tech to acquire Croatian startup Robotiq.ai
- Coforge board names Gupta chair for five-year term (as per JPM note this morning)
- Bharti Airtel Aug net mobile adds 2.11M; Jio 2.4M
- Honasa Consumer holders offer ~8.9M shares (the block deal Yatin flagged last night)
- Cube Highways Trust holder offers ~45M units
- Ola Electric to mull Rs1,000cr rights issue on Oct 5
- NCC wins Rs1,077cr water supply pact in Andhra
- IRFC signs Rs4,200cr loan pact with DVC for renewable energy
- Vikram Solar wins 400MW module supply order in Maharashtra
- Adani firms + 14 directors paid Rs1.48cr to settle SEBI MPS case (as flagged overnight)
Ratings
- Dr Reddy’s raised to Buy at Citi, PT Rs1,450
- EIH new Buy at Axis, PT Rs385
- Sambhv Steel new Buy at Choice Equity, PT Rs210 (per 7:31 AM)
F&O ban: Kaynes and Manappuram removed; LIC Housing and SAIL continue.
5-day BSE 200: Best - LG India +4.4%, SAIL +4.4%, Zydus +4.3%. Worst - PB Fintech -35.9% (watchlist, the IRDAI overhang), Paytm -9.7%, L&T Finance -9.2%.
FIIs net sold Rs5,350cr Monday, DIIs bought Rs5,190cr. Gift Nifty ~flat at 22,815 after Monday’s 1.6% fall to 22,780, lowest close since early April.
- September 29, 2026 08:32
Stock slump puts renewed focus on earnings: Markets Daily India
- September 29, 2026 08:27
Anthropic warns AI may pose 'existential risks to humanity' in IPO filing
Anthropic warns AI may pose 'existential risks to humanity' in IPO filing
Anthropic warns its IPO risks reveal potential existential AI threats, self-preservation, and governance concerns, stressing market rewards for safe, trustworthy systems.
- September 29, 2026 08:05
Gold lingers near seven-week low ahead of US economic data
(Reuters) - Gold steadied on Tuesday but hovered at a more than seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer, while investors awaited a slew of US economic data.
- September 29, 2026 07:50
Market commentary by Nischal Shetty, Founder, WazirX
“US manufacturing output strengthened, with the Dallas Fed production index reaching 29.5, signaling resilient economic demand and supporting crypto participation. However, Brent near $107 and Treasury yields above 5.23% increased inflation and funding pressures. Markets priced over a 70% chance of an October Fed hike, which could restrict liquidity for Bitcoin and altcoins. Weaker US and Asian equities kept investors selective. Overall, resilient growth supports crypto demand, while higher yields, oil prices and tighter policy limit near-term momentum across markets.
Bitcoin trades near $83,022 in a short-term pullback within a constructive daily structure. Immediate support lies around $81,700 - $82,000, while $83,200 - $83,500 forms resistance. Holding support could stabilize momentum; reclaiming resistance may restore buyer control, whereas a breakdown would shift attention toward the secondary 80,900-81,200 support region during the next trading session.
Ethereum trades near $2,664 in a constructive but cooling daily setup. Immediate support rests around $2,600 - $2,620, while $2,675 - $2,700 forms resistance around the psychological $2,700 level. Holding support may preserve buyer interest, though Futures traders should monitor volume, open interest and funding before interpreting another resistance test as confirmation of strength.
HBAR trades near $0.11986 after a pullback within a bullish daily structure, although RSI near 78 shows stretched momentum. Support sits around $0.112 - $0.114, with $0.100 - $0.102 secondary. Holding support may preserve strength, while $0.122 - $0.125 remains the immediate resistance zone for buyers.
US and Asian equities weakened, with the Nasdaq falling 0.92%, the S&P 500 losing 0.77% and the Sensex dropping 1.52%. The VIX rose 8.07% to 16.07, showing increased caution, while most Asian indices declined except Shanghai. Gold remained nearly flat, but oil gained 1.27%, keeping inflation concerns active. The broader setup may limit speculative flows, although crypto’s round-the-clock liquidity and relative resilience could continue attracting investors seeking alternatives beyond traditional markets during volatile trading periods.
U.S. spot Bitcoin ETFs recorded $23.8 million in net outflows, while Ethereum ETFs posted a modest $1.7 million net inflow. BlackRock led demand across both markets, with ETHA adding $50.37 million. Despite institutional buying, Bitcoin slipped toward $83,000- $84,000, while Ether held near $2,680. The muted reaction shows ETF inflows do not guarantee immediate gains, as macro pressure, geopolitical uncertainty, profit-taking, derivatives positioning and exchange supply can absorb fresh institutional demand in spot markets.”
- September 29, 2026 07:50
Block Deal Launched In Honasa Consumer
Peak XV Partners, Sequoia Capital & Redwood Trust Likely To Sell 2.73% Eq In Co
Offer Size Pegged At Up To ₹400 Cr
Floor Price Set At ₹450/Sh, May Offer Discount Of Up To 3.4% Το CMP
Lock Up Of 45 Days On Further Sale Of Shares
- September 29, 2026 07:28
Flat to positive opening seen for Indian stocks amid cautious mood
Flat to positive opening seen for Indian stocks amid cautious mood
Indian stocks face a cautious, bearish day amid weak global cues, with mid/small caps at risk and sustained foreign selling.
- September 29, 2026 07:12
Dow, S&P, Nasdaq end lower
- Nasdaq closes 0.92% lower at 26,820.49, down 248.23 points
- S&P 500 closes 0.69% lower, down 60.11points
- DOW JONES closes 0.69% lower at 51,472.14, down 356.48 points
- September 29, 2026 06:59
USFDA inspection at Zydus Lifesciences’ Ahmedabad facility ends with one observation
Zydus Lifesciences Ahmedabad plant gets one USFDA observation
USFDA concludes inspection of Zydus Lifesciences’ SEZ II facility in Ahmedabad with one observation and no data integrity-related observations.
- September 29, 2026 06:59
DEEPA JEWELLERS Q1 Results
Revenue: 431.11 | 540.85 | N/A
QoQ: 🔻20.3% | YoY: N/A
For Other Income: 0.02 | 0.93 | N/A
QoQ: 🔻98.2% | YoY: N/A
EBITDA: 38.68 | 39.01 | N/A
QoQ: 🔻0.8% | YoY: N/A
PAT: 26.76 | 27.97 | N/A
QoQ: 🔻4.3% | YoY: N/A
OPM%: 9.0% | 7.2% | N/A
QoQ: ▲1.8pp | YoY: N/A
💵 EPS: 3.26 | 3.41 | N/A
QoQ: 🔻4.4% | YoY: N/A
- September 29, 2026 06:58
Symbiotec Pharmalab Q1 results
Q1 FY27 Performance
- Consolidated revenue: ₹218 Cr, up 7% YoY.
- API revenue: ₹215 Cr, up 6%.
- API growth was driven by volumes.
- API gross margins remained above 60%.
- API EBITDA: ₹66 Cr, up 9%.
- Consolidated EBITDA: ₹45 Cr.
- Consolidated net profit: ₹14 Cr.
- Q1 FY27 capex stood at ₹68 Cr.
- Net debt stood at ₹326 Cr post IPO.
API Business
- Focused on steroid and hormone APIs.
- Portfolio includes 60 steroidal APIs.
- 44 US DMFs and 25 CEPs.
- Serves 200+ customers across 40+ countries.
- 70% revenue comes from 7+ year customers.
- Backward integration supports recurring business.
- API gross margins expected above 60%.
- API EBITDA margins expected near 30%.
Biotech CDMO
- Uses existing fermentation biotechnology platform.
- Focuses on precision fermentation applications.
- Targets nutraceuticals and functional foods.
- Alternative proteins are another focus area.
- 5-year take-or-pay insulin contract secured.
- 10-year alternative-protein contract secured.
- European alternative-protein term sheet signed.
- Ujjain facility has 400 KL capacity.
- Phase-1 expansion plans 600 KL capacity.
- Significant revenue expected from FY28.
Complex Injectables
- Developing proprietary double-chamber vial platform.
- Platform aims to reduce preparation errors.
- It can reduce contamination risks.
- Preparation time can also be reduced.
- US multinational term sheet signed.
- Definitive agreement expected in early Q3 FY27.
- First ANDA filed this month.
- Second molecule filing planned for Q4.
- 5–6 products are ready for validation.
- Capacity is now a key focus.
Growth Guidance
- FY27 revenue growth target: 20%.
- FY27 EBITDA growth target: 25%.
- New-business revenue expected within 6–12 months.
- Biotech revenue likely starts from FY28.
- Validation and regulatory approvals remain important.
Capex & R&D
- ₹200–250 Cr annual capex planned.
- Investment planned for next 2–3 years.
- Capex could accelerate with opportunities.
- R&D remains at 3–5% of sales.
- New-business gross margins could exceed 70%.
- New-business EBITDA margins could exceed 35%.
- These margin figures reflect industry trends.
Key Catalysts
- New-business milestone payments expected in H2 FY27.
- Payments could offset operating expenses.
- Biotech validation can unlock commercial revenue.
- Complex injectable filings can expand pipeline.
- Higher-value businesses increase addressable markets.
- Next-generation leadership is involved.
- September 29, 2026 06:56
HCLTech arm to acquire Croatia-based RPA platform Robotiq.ai for ₹98 crore
HCLTech to acquire Robotiq.ai for €9 million
HCLTech’s HCLSoftware will acquire Croatia-based RPA platform provider Robotiq.ai for €9 million in an all-cash deal expected to close by November.
- September 29, 2026 06:56
Natco Pharma raises proposed investment in eGenesis to $16.70 million
Natco Pharma raises eGenesis investment to $16.70 million
Natco Pharma will raise its proposed investment in US biotech firm eGenesis to $16.70 million, taking its total investment to $24.70 million.
- September 29, 2026 06:56
Coforge appoints former Bharti Enterprises vice-chairman Akhil Gupta as chairperson
Coforge appoints Akhil Kumar Gupta as chairperson
Coforge appoints former Bharti Enterprises vice-chairman Akhil Kumar Gupta as chairperson and non-executive independent director for five years.
- September 29, 2026 06:54
𝗗𝗛𝗔𝗥𝗧𝗜 𝗣𝗥𝗢𝗧𝗘𝗜𝗡𝗦: ₹𝟭𝟬𝟬 𝗖𝗥 𝗨𝗡𝗦𝗘𝗖𝗨𝗥𝗘𝗗 𝗟𝗢𝗔𝗡 𝗙𝗥𝗢𝗠 𝗣𝗥𝗢𝗠𝗢𝗧𝗘𝗥
* Enters into ₹100 Cr unsecured loan agreement with Promoter & MD Jatinbhai Ramanbhai Patel.
* Loan is interest-free and convertible into equity shares at a later stage.
* Transaction approved by the Board and shareholders.
* Classified as a related party transaction and not at arm’s length.
* Lender currently holds 5% stake in the company.
- September 29, 2026 06:53
VAS Infrastructure under CIRP: Form G published; Oct 13 last date for EOI
* Company, currently under CIRP, publishes Form G inviting Expressions of Interest (EOI) for resolution plans.
* Form G published on Sept 28, 2026 in Free Press Journal & Navshakti.
* Last date for submission of EOI: Oct 13, 2026.
* Process aims to invite potential investors to submit resolution plans for the company.
- September 29, 2026 06:52
𝗜𝗡𝗗𝗜𝗔𝗡 𝗔𝗖𝗥𝗬𝗟𝗜𝗖𝗦: 𝗖𝗥𝗘𝗗𝗜𝗧 𝗥𝗔𝗧𝗜𝗡𝗚 𝗨𝗣𝗚𝗥𝗔𝗗𝗘
* Brickwork Ratings upgrades ₹99 Cr bank loan facilities.
* Long-term rating upgraded from BWR D to BWR BB-/Stable.
* Short-term rating upgraded from BWR D to BWR A4.
* Company has repaid its entire ₹50 Cr term loan.
* Rating upgrade follows improvement in operating performance and reduction in net loss.
* Rating agency continues to highlight negative net worth, high leverage and weak debt-servicing capacity.
- September 29, 2026 06:52
Rays of Belief Q1 results
- CONS NET PROFIT ₹2.79 CR VS LOSS ₹0.54 CR (YOY), UP 17% (QOQ)
- REVENUE UP 136% AT ₹25.31 CR (YOY), UP 1% (QOQ)
- EBITDA UP 970% AT ₹5.03 CR (YOY), UP 5% (QOQ)
- MARGINS 19.9% V 4.4% (YOY), 19.1% (QOQ)
- September 29, 2026 06:51
Nis Management limited wins ₹120.14 cr in orders since IPO
- Since its listing in September 2025, NIS has secured work orders aggregating approximately ₹120.14 crore.
- Key orders include Reliance Group for ₹30.77 crore and Bihar for two contracts worth ₹19.57 crore and ₹14.65 crore.
- The company reported total income of ₹436.70 crore in FY26, a growth of 7.74% over ₹405.33 crore in FY25.
- EBITDA increased by 12.19% to ₹33.53 crore.
- NIS aims to cross ₹500 crore in consolidated revenue in FY27.
- September 29, 2026 06:50
𝗞𝗥𝗦𝗡𝗔𝗔 𝗗𝗜𝗔𝗚𝗡𝗢𝗦𝗧𝗜𝗖𝗦: ₹𝟭𝟮𝟬 𝗖𝗥 𝗗𝗜𝗔𝗚𝗡𝗢𝗦𝗧𝗜𝗖 𝗘𝗤𝗨𝗜𝗣𝗠𝗘𝗡𝗧 𝗦𝗔𝗟𝗘
- Board approves sale of diagnostic equipment for up to ₹120 Cr.
- Move aimed at optimising assets and improving capital efficiency.
- Proceeds to be recycled into core business and growth opportunities.
- Company expects the move to improve ROCE and strengthen the balance sheet.
- Sale will not impact core operations or lender security.
- September 29, 2026 06:50
PRIMA PLASTICS: €2.18 LAKH DIVIDEND FROM JV
- JV Prima Dee-Lite Plastics SARL, Cameroon declares gross dividend of €436,701.
- Prima Plastics entitled to receive €218,350.50, representing its 50% share.
- Dividend declaration by the company’s joint venture in West Africa.
- September 29, 2026 06:48
Today’s Stock Recommendation: Parag Milk Foods
- September 29, 2026 06:47
Bliss GVS Pharma: Anupam Rasayan India Ltd bought 22,50,000 shares at Rs 723.29
- September 29, 2026 06:45
Ola Electric board approves Rs 1,000 crore rights issue
- September 29, 2026 06:42
𝗡𝗜𝗙𝗧𝗬 𝟱𝟬 𝗥𝗘𝗝𝗜𝗚 — 𝗕𝗦𝗘 𝗧𝗢 𝗥𝗘𝗣𝗟𝗔𝗖𝗘 𝗪𝗜𝗣𝗥𝗢
* 𝗕𝗦𝗘 will enter Nifty 50, replacing 𝗪𝗶𝗽𝗿𝗼, effective 30 September 2026 after the close of 29 September.
* BSE’s 6-month average free-float market cap: ₹1,40,879 Cr vs Wipro’s ₹55,930 Cr
* BSE qualified as its average free-float market cap was at least 1.5× Wipro’s
* Estimated passive flow: 𝗕𝗦𝗘 +$630M | 𝗪𝗶𝗽𝗿𝗼 -$152M
* 𝗡𝗶𝗳𝘁𝘆 𝟭𝟬𝟬 additions: BSE, Hitachi Energy India, Polycab India, Vedanta Aluminium Metal & Vodafone Idea
* Estimated Nifty 100 flows: BSE +$620M | Hitachi Energy +$80M | Polycab +$95M | Vedanta Aluminium +$155M | Vodafone Idea +$68M
- September 29, 2026 06:41
Trump announces Essar Group’s $15-billion steel plant project in Iowa
Trump unveils Essar Group’s $15-billion Iowa steel plant plan
Trump announces Essar Group’s $15-billion plan for a steel plant in Iowa, expected to produce 10 million tonnes annually and create 1,750 jobs.
- September 29, 2026 06:40
Buzzing stocks: Tata Group, Anupam Rasayan, HCLSoftware, IRFC, NCC, Pidilite and others in focus
Buzzing stocks: Tata Group restructuring, Bliss GVS deal, HCLSoftware acquisition and more
Busy day of Indian corporate announcements: strategic restructurings, acquisitions, partnerships, projects, and renewable-energy expansions across major groups.
- September 29, 2026 06:39
Honasa Investors offer up to 8.9 million shares in fundraising deal
(Bloomberg) -- Honasa Consumer holders Peak XV Partners Investments VI, Sequoia Capital Global Growth Fund III - U.S./India Annex Fund, L.P. and Redwood Trust offer up to about 8.9m shares, according to terms seen by Bloomberg.
Jefferies is acting as sole bookrunner
Offer floor price is 450 rupees per share
Expected trade date is Sept. 29
326m shares outstanding (150.9m-share float) as of June 23
Shares have fallen 0.98% in the past month
50-DMA 469.37 rupees
- September 29, 2026 06:38
ALL-TIME HIGH BREAKOUT ALERT
10 Stocks Ended the Day Above Their Previous All-Time Highs
- Bharat Parenteral
- Bliss GVS Pharma
- Sedmec Mechatronics
- Kabra Extrusiontechnik
- Quality Power Electrical
- Macpower CNC Machines
- Sun Flag Iron and Steel CO.
- Spectrum Electrical Industries
- Mcnally Bharat Engineering Co.
- Investment & Precision Castings
- September 29, 2026 06:33
Stock to buy today: Parag Milk Foods (₹275) – BUY
Stock to buy today: Parag Milk Foods (₹275) – BUY
Parag Milk Foods stock outlook: bullish near-term with targets ₹300-₹305, buy at ₹275, risks noted.
Published on September 29, 2026
![[PANEL] La relation Carney-PSPP teintée par le sommet Canada-UE?](https://images.radio-canada.ca/q_auto,w_1250/v1/ici-tele/emissions/16x9/telejournal-18h30-mathieu-nadon.jpg)
English (US) · 
French (CA) · 
French (FR) ·