First Pass

62 stories from 3 sources

Markets weaken as IPO appetite and company-specific catalysts persist

Day’s Recap

Supporting Articles

The Nifty has recorded its longest weekly losing streak in more than six years and is approaching technically oversold levels. Historical performance and current indicators suggest the market could be positioned for a rebound.

10:48 PMBloomberg Markets

Moneyview's IPO drew 6.01 times overall subscription by the second day, with particularly strong participation from retail investors. Its grey market premium rose to 41% ahead of the issue's expected close on September 28.

11:52 PMEconomic Times

PC Jeweller said it cleared dues to all 14 consortium banks ahead of schedule, making the company debt-free. Its shares have gained 89% in six months, while first-quarter FY27 profit rose 37% to Rs 222 crore and revenue increased 21% to Rs 877 crore.

11:42 PMEconomic Times

The Supreme Court allowed a forensic audit of Fortis Healthcare to proceed and clarified that Delhi High Court observations applied only to the audit proceedings. Fortis said no liability, penalty, or fine had been imposed and reiterated that it was not involved in its former promoters' share transfer.

11:45 PMEconomic Times

Augment India Holdings is reportedly considering the sale of a 7.25% stake in Clean Max Enviro Energy Solutions through a block deal valued at about Rs 1,062.8 crore. The potential transaction follows coverage from Macquarie and JM Financial, which pointed to strong commercial and industrial renewable-energy demand.

11:14 PMEconomic Times

MCX revenue is projected to grow at a 19% compound annual rate through FY30, supported by broader investor participation and new commodity products. Revenue is expected to reach Rs 39.92 billion by FY29, although regulation and competition remain risks.

11:20 PMEconomic Times

Other Developments

A curated list of other prominent stories from this day.

Three Nifty 500 stocks, including Zen Technologies, closed more than 1.5% above their volume-weighted average prices on September 25. The move indicated that these stocks finished well above the average levels at which they traded during the session.

11:54 PMEconomic Times

The item provides a live price and performance snapshot for Bajaj Finserv. No specific price, market movement, or company development was included in the supplied material.

11:35 PMEconomic Times

The discussion examines how portfolio management services fit into India's changing wealth-management market. It also considers how SEBI's proposed PRIM framework could reshape investor expectations from portfolio managers.

11:22 PMEconomic Times

The update tracks Eicher Motors' current share price and intraday market performance.

11:21 PMEconomic Times

The update presents HDFC Life's current share price along with an overview of its recent returns.

11:20 PMEconomic Times

SRIT India IPO opened with a 12% grey market premium, while the update tracks subscription levels, lot size and other issue details.

11:19 PMEconomic Times

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