Market wrap: Adani Ent, Max Healthcare, Infosys, HDFC Life among top gainers and losers on Nifty and Sensex on Wednesday
Indian equities extended losses on September 9 as rising oil prices pressured sentiment. Sensex fell 813 points and Nifty declined 204 points. IT stocks led sectoral losses, while metals gained. Technical indicators remained bearish, though oversold conditions could trigger a rebound.
Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass USD 100 mark
The rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, raising inflation fears. The depreciation was fueled by sluggish equity markets and foreign institutional investor sell-offs. Additionally, escalating tensions in West Asia contributed to Brent crude futures surpassing USD 100, […]
IFCI shares fall 4% on reports of lower price band for NSE IPO
IFCI shares fell sharply on Wednesday after reports suggested NSE could price its IPO below earlier indications and reduce the stake offered. The proposed price band of Rs 1,700–1,785 values NSE at around Rs 4.4 lakh crore. IFCI’s indirect exposure to NSE through Stock Holding Corporation has put its shares under pressure.
PC Jeweller shares jump 4%, surge 38% in one week. What’s polishing the stock’s shine?
PC Jeweller shares have surged 38% in a week and 40% in a month as the company moves closer to becoming debt-free. The jeweller has repaid outstanding dues to 10 of 14 consortium banks and cleared more than 96% of the remaining debt.
Graphite India shares rocket over 18% to extend gains for second session. What’s behind the surge?
Graphite India shares surged 18.5% after GrafTech announced a minimum 30% hike in graphite electrode prices, raising hopes of improved realisations and margins. The company’s June-quarter profit rose 28.4%, while EBITDA margin expanded sharply to 17.1%.
Adani Enterprises shares gain over 4% as airports arm plans to raise $1 billion from Temasek, BlackRock, others
Adani Enterprises shares rose over 4% after Adani Airport Holdings announced a Rs 9,825-crore equity raise from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds. The funds will support airport expansion, modernisation and Airport City projects. AAHL expects the investment to boost capacity, while Adani Enterprises continues delivering strong share-price gains.
Sterlite Tech shares jump 5% to fresh 52-week high, multibagger skyrockets 745% in 2026. What lies ahead?
Sterlite Technologies shares hit a fresh 52-week high after rising 5% to the upper circuit, taking their 2026 gains to 745%. The rally follows the company’s growth plans, capacity expansion and strong Q1 performance, supported by robust demand for optical connectivity products.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 8, 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 […]
Oil Price Today (September 9): Crude oil at $99 as Iran attacks US base in Jordan. Can liquid gold hit $120?
Oil markets reacted sharply on Wednesday as Iran renewed its assaults on U.S. military installations. Strikes by the Revolutionary Guards on American destroyers and a Jordanian base marked a direct counter to U.S. attacks on their oil tankers. Analysts caution that should shipping turmoil escalate, oil prices might spike to $120 per barrel, intensifying fears […]
FPIs sell $1.6 billion of Indian stocks in five trading sessions
After a brief period of optimism, foreign investors are retreating from Indian stocks as rising crude oil prices and escalating global bond yields shift market dynamics. This change reflects a waning interest in emerging market growth assets, compounded by profit-taking strategies and a pivot towards AI investments. While domestic buying could offer some support, ongoing […]