Your daily market briefing

The Indian Rupee (INR) holds onto over-a-week long losses against the US Dollar (USD) in the opening session on Wednesday.

Apollo Micro Systems shares rose 3.5% on September 17 despite recent downturns, with an 8.76% decline over the past week. Analysts warn that support levels may fail to prevent further price drops, although the company reported a 43% increase in net profit for Q1 FY27.

Hero Motors is betting on shift towards higher-value powertrain and EV components, ahead of its IPO opening this week.

PC Jeweller shares opened at ₹12.59 per share on the NSE today, compared with its previous close of ₹12.64 on Wednesday.

Russian Oil Uncertainty Hangs Over India's Largest Buyers

The CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been substantially reduced. This aims to improve cash flow management for eligible manufacturers. The scheme offers deferred Customs duty payment for imported goods. These changes seek to boost domestic manufacturing and ease business operations.

India warns new US tariffs over Russian oil could hit ties, vows to protect energy security Reuters

The central bank received bids worth ₹2,39,959 crore, which it accepted fully, at a cut-off and weighted average rate of 5.24%

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Solar Industries announced that it will acquire South Africa-based Omnia Holdings for approximately $1.355 billion (₹12,951 crore) in an all-cash transaction.

Direct benefit transfers have reached ₹2.08 lakh crore this fiscal year. Fertiliser subsidy led with ₹62,984 crore, and Public Distribution System followed. Mahatma Gandhi National Rural Employment Guarantee Scheme received ₹15,241 crore in transfers. Pradhan Mantri Awas Yojana-Gramin and PAHAL schemes also saw significant fund allocations. Haryana topped the state rankings for direct benefit transfers.

New Zealand Clears Path for Free-Trade Agreement With India

Varma to lead brand, digital, customer experience and AI enablement

The central bank received bids worth ₹3,93,352 crore, for a notified amount of ₹5 lakh crore. It accepted all bids at a cut-off and weighted average rate of 5.24 per cent

eMudhra shares opened at ₹625 apiece on NSE today, as compared to previous close of ₹592.85 on Tuesday.

Netweb Tech shares opened at ₹4,979.45 against their previous close of ₹5,026.90 and declined as much as 5.4% to an intraday low of ₹4,754.90, looking set to snap its two-day winning run.

Shares of Prasol Chemicals were currently trading at Rs 623.25 at 10:25 IST on the BSE, representing a discount of 7.80% as compared with the issue price of Rs 676.

Master Trust highlighted the company's long operating history, dealer network and exposure to rising domestic and export demand, while Swastika Securities assigned a 'Subscribe' rating.

Shares of Glass Wall Systems (India) were currently trading at Rs 204.70 at 10:15 IST on the BSE, representing a premium of 12.47% as compared with the issue price of Rs 182.

Blue Cloud Softech Solutions shares opened at ₹19.30 apiece today, as compared to previous close of ₹19.18 on Friday last week. The small-cap stock hit an intraday high of ₹20.37 on 15 September.

The bulk of the buyout firm’s investments — around $30 billion — will be in data centers, with another $5 billion devoted to renewable energy to power them, according to Jean Salata, chair of Stockholm-based EQT.

Investors welcomed the new listings with enthusiasm, as LCC Projects led the pack with a notable 31.4% premium, while Rentomojo and Karamtara Engineering also showcased strong performances, signalling a robust appetite for IPOs despite mixed results from other debuts.

Dinto Solar and JJ Energy Form Exclusive HJT Module Partnership for Thailand's Solar Market

Noel Tata faces biggest crisis yet with regulator’s IPO order

Shares of Shriram Finance, Hindustan Aeronautics Limited, and Siemens Energy India Limited lagged in Tuesday's trading session due to profit booking and weak market sentiment.

The E20 blend’s promised savings were offset by lower mileage, with consumers spending an estimated ₹88,234 cr. extra over the last three years; its benefits for emissions and forex savings are uncertain, as higher fuel consumption can raise emissions while diverting crops to ethanol can affect food security and exports

Societe Generale’s Kunal Kundu expects the Reserve Bank of India (RBI) to respond to India’s broadening inflation pressures with a new mini rate-hike cycle. Kundu projects a 25bp hike in October, followed by two similar moves in December and February.

With inflation putting pressure on purchasing power, here are 5 dividend stocks with strong payout histories and healthy yields.

Over 37 companies, including Hindustan Copper and Bajaj Steel are likely to remain in focus on Tuesday, which is the last day to qualify for dividend payouts set for September 16.

Prrsaar and Chaubara appear to have engaged in repeated cross-segment price manipulation with stock futures and options during the examination period across the top 13 scrip and top 10 days by profit respectively

India’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month high. Overall edible oil imports climbed to an 11-month high of 1.57 million tonnes, with heavy buying also causing congestion at major ports.

MUFG’s Michael Wan assesses Reserve Bank of India's (RBI) June 2026 FX measures and their impact on the Indian Rupee and USD/INR. He notes a large build-up of FX reserves and liquidity, and argues these measures have reduced tail risks of sharp INR depreciation.

Exide Industries added 1.08% to Rs 413.55 after the company announced the signing of a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH for the industrial battery business across the European Economic Area (EEA).

The next phase of AI transformation to be defined by business outcomes, not AI features

Abbott India Ltd is quoting at Rs 26155, up 2.37% on the day as on 12:49 IST on the NSE. The stock is down 15.44% in last one year as compared to a 7.58% jump in NIFTY and a 18.39% jump in the Nifty Pharma index.

Infosys Ltd is quoting at Rs 1079.3, up 4.01% on the day as on 12:49 IST on the NSE. The stock is down 28.58% in last one year as compared to a 7.58% drop in NIFTY and a 17.5% drop in the Nifty IT index.

HDFC Bank Ltd is quoting at Rs 718.95, up 1.51% on the day as on 12:49 IST on the NSE. The stock is down 25.64% in last one year as compared to a 7.58% fall in NIFTY and a 1.94% fall in the Nifty Bank index.

Tips Music Ltd is quoting at Rs 666.75, up 0.79% on the day as on 12:44 IST on the NSE. The stock is up 11.52% in last one year as compared to a 7.62% fall in NIFTY and a 6.24% fall in the Nifty Media.

Apana Logistics traded at Rs 60 on the BSE, matching the issue price of Rs 60.

Gurgaon centre employs over 900, company says it cut about 20% staff and will support them and keep investing in key skills

NSE's $2.4 Billion India IPO Opens With Valuation in Focus

Check out the top stock calls, initiations, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.

The Akshay Kumar and Saif Ali Khan starrer has remained below the Rs 1 crore mark on the weekdays, making the coming days crucial for the film to sustain its theatrical run.

The Indian Rupee (INR) extends its previous week’s downfall against the US Dollar (USD) on Tuesday, with the USD/INR rising above 95.90 in the opening session.

Shares of a railway PSU stock surged nearly 5% after securing a ₹63 crore order from Prasar Bharti for services on the WAVES OTT Platform. Do you own this stock?

SEBI is said to allow arbitrage mutual funds to temporarily carry unhedged positions of as much as 1% of their plans worth a total of ₹3 lakh crore.

The IPO is proposed to list on September 24, with anchor bidding scheduled for September 16.

A State that bears the infrastructural and social consequences of mineral extraction must retain a meaningful stake in the economic value generated from its natural resources

Their proposals include red lines around nuclear systems, human control over consequential cyberattacks and a hotline for incidents involving autonomous AI

Among the 30 Sensex firms, HCL Tech jumped 6.5%, Tech Mahindra climbed 5.6%, Tata Consultancy Services surged 5.10% and Infosys edged higher by 4.83%