Tata Group stocks fall 8% as Tata Trusts calls Chandrasekaran’s extension illegal
Tata stocks took a notable hit following the declaration by Tata Trusts that Chandrasekaran’s reappointment was illegal. The Reserve Bank of India also denied Tata Sons’ plea to maintain private status. With Tata Trusts holding a majority of shares and opposing the IPO, Noel Tata has proposed looking into structural alternatives to appease the regulator. […]
Kore Digital shares crash10% on Sebi’s Rs 541 crore revenue charge
Kore Digital shares plunged after Sebi barred the company and key executives from the securities market over alleged financial statement manipulation, non-genuine subsidiaries and diversion of preferential issue proceeds.
IndiGo shares rise 2% after India’s largest airline hikes excess baggage and priority service prices
InterGlobe Aviation, IndiGo’s operator, raised charges for domestic ancillary services, including infant travel, excess baggage and priority check-in and boarding. The revisions increase passenger costs beyond base fares. IndiGo had reported a Rs 238 crore Q1 FY27 loss amid higher fuel expenses, despite strong revenue growth and expanding domestic and international operations.
Positive Breakout: These 11 stocks cross above 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 17, 2026, according to StockEdge’s technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. As long as a stock’s price remains above its […]
NSE IPO Day 2: GMP at 8%, subscription reaches 44% — Should you apply?
As the National Stock Exchange IPO enters its second day of bidding, it has shown stable investor engagement. Observations in the grey market reveal optimistic listing gain predictions. Brokerage firms are largely recommending subscriptions, emphasizing the NSE’s robust market position. Nevertheless, investors need to weigh valuation and regulatory concerns when contemplating this opportunity.
Artemis Medicare Services stock surges 26% as expansion plans boost investor confidence
In a significant expansion move, Artemis Medicare Services plans to increase its hospital capacity, targeting nearly two thousand operational beds by 2030. The anticipated growth in international patient numbers and improved utilization rates are expected to contribute to revenue boosts. With new facilities in the pipeline, earnings are projected to see a considerable rise, prompting […]
Global Market Today: Asian stocks, bonds gain as oil extends decline
MSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on Thursday, its biggest advance since early August. The tech-heavy Nasdaq 100 Index climbed 1.7%, while a key gauge of chipmakers jumped 3.1% as US stocks rebounded from losses triggered by the Federal […]
RBI’s Rs 50,000 crore OMO sale gets bids worth Rs 66,590 crore
The Reserve Bank of India’s open market operation sale received robust investor interest. This operation aimed to absorb surplus liquidity from the banking system. The central bank accepted bonds at yields higher than prevailing market rates. This move precedes a significant weekly bond auction scheduled for Friday. Further liquidity absorption measures are planned for the […]
Crude shock to hit oil companies’ margins, but refining gains could save Q2 show
Oil breached $100 a barrel this month with Brent crude at around $107 as US-Iran clashes stoked supply fears. Retail fuel marketing margins are expected to turn into a loss of ₹7.4 per litre for petrol and ₹10.3 per litre for diesel in September. However, it is unlikely to erase improvement seen during the first […]
NSE IPO subscribed 0.43 times on day 1, NII bids highest
The National Stock Exchange’s large initial public offering saw limited subscription on its first day. Non-institutional investors placed the most bids, while retail and qualified institutional buyers showed less interest. This offer for sale involves existing shareholders selling their stakes, not raising new capital for the exchange. The subscription period remains open until September twenty-first, […]