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Godrej Properties and Man Infraconstruction plan ₹6,000 crore Marine Lines project

• The South Mumbai luxury residential project has estimated revenue potential of ₹6,000 crore
• Godrej Properties and Man Infraconstruction will jointly develop the sea-facing project
• The project adds a large Mumbai development pipeline for Godrej Properties and Man Infraconstruction

Sensex and Nifty fall as crude rises and investors remain cautious

• Sensex fell more than 500 points in early trade; other reports put the decline near 700 points
• Nifty slipped below 23,000 in early trade; reports cite levels below 22,950 and 22,900
• Fourteen of 16 major sectors logged losses
• Rising crude and broad losses pressure Indian equities, including small- and mid-cap stocks

Rupee weakens to 95.88–95.95 per dollar as oil rises and foreign outflows persist

• Rupee opened at 95.88–95.89 and fell to 95.95 against the dollar
• Reports cite higher oil prices, a stronger dollar and foreign fund outflows; one cites stalled US-Iran talks
• A weaker rupee and dearer crude pressure import costs for Indian oil marketing companies and airlines

Bank unions defer three-day nationwide strike after talks with IBA

• UFBU deferred the planned three-day nationwide strike after talks with IBA
• A high-level committee will discuss five-day work week and Saturday holidays
• Averted disruption benefits bank customers and supports continuity at Indian banks

Sensex falls 900 points as crude rebounds; Nifty slips below 22,900

• Sensex fell 900 points intraday and Nifty dropped below 22,900
• Midcap and smallcap indices were down 1 per cent in early trade
• Crude-led selling pressures Indian equities, with small- and midcap stocks also under strain

IndiGo flight suffers tail strike during second landing attempt in Bengaluru

• The Guwahati-Bengaluru flight experienced a tail strike during its second landing approach
• DGCA launched a probe into the incident
• Repeated safety incidents could raise scrutiny for IndiGo and weigh on airline operations

HSBC targets affluent Indian clients, intensifying competition with local banks

• HSBC is stepping up its India push to drive growth among affluent clients
• The move puts it in more direct competition with ICICI Bank and Kotak Mahindra
• More competition for affluent customers puts ICICI Bank and Kotak Mahindra in focus

Bernstein keeps Outperform on PB Fintech, sets ₹2,310 target after sharp sell-off

• Bernstein retained its Outperform rating and ₹2,310 target price
• Its stated upside estimates differ: 91% in some reports and over 98% in another
• PB Fintech shares rebounded 3.5% to over 4% after a two-day rout
• Bernstein’s bullish view supports sentiment on PB Fintech, though IRDAI proposals remain a risk

Supreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000

• The Supreme Court will hear the plea on Monday
• The challenged MDR framework for UPI merchant payments above ₹2,000 is set to take effect October 15
• The outcome may affect Indian payment firms and merchants handling higher-value UPI transactions

PC Jeweller clears dues to 14 banks and becomes debt-free

• PC Jeweller cleared dues to all 14 consortium banks ahead of schedule
• Its stock rallied 89% in six months
• Debt-free status may ease balance-sheet concerns for PC Jeweller shareholders

India launches its first LNG-powered train as Railways targets zero diesel use by 2030

• Amit Shah flagged off India’s first LNG-powered train at Sabarmati Railway Station
• Railways’ diesel consumption has fallen 63% since 2015-16
• The LNG shift and railway investment matter to Indian Railways and natural-gas suppliers

TakeMe2Space plans orbital data centre launch on Falcon 9 in 2028

• The Hyderabad-based company plans two 100-kg satellites with Nvidia Thor GPUs and 100 TB storage
• It plans to launch the satellites on a SpaceX Falcon 9 rocket in 2028
• A successful launch could advance India’s space and data-centre ecosystem, though execution remains ahead

Nomura expects RBI to raise rates by up to 50 bps by December

• Nomura sees a possible 50 bps increase by December, taking the terminal rate to 5.75%
• Nomura expects two 25 bps hikes, in October and December
• Higher rates may weigh on banks, NBFCs and rate-sensitive sectors, while supporting lenders’ margins

Mahindra weighs another SUV price increase as commodity costs rise

• Mahindra will decide on a price increase in the next couple of weeks
• The company has already raised prices three times in 2026
• Higher prices may help offset input costs for Mahindra & Mahindra, though the decision is pending

Rupee and government bonds face pressure as oil rises and Iran diplomacy hopes fade

• The rupee and government bonds are vulnerable as oil prices climb
• Global bond yields have surged to multi-year peaks
• Higher oil and yields pressure the rupee and bond prices, affecting banks and rate-sensitive stocks

Rupee faces pressure as Iran talks stall; RBI intervention seen as a buffer

• The rupee settled at 95.8125 to the dollar on Friday
• The rupee is expected to open slightly weaker, with RBI intervention described as a reliable buffer
• A weaker rupee may benefit IT exporters but raise costs for Indian oil importers

Mobile retailers plan October 2 protest against proposed 0.4% UPI MDR

• Retailers across India plan to observe October 2 as “No UPI Day”
• The proposed merchant discount rate is 0.4%; retailers want zero-MDR UPI payments retained
• A proposed payment fee could raise costs for mobile retailers and affect UPI payment providers

GIFT Nifty signals weak start as Asian markets trade mixed

• GIFT Nifty signalled a negative start for Indian equities
• Asian markets were mixed amid uncertainty over the US-Iran war; crude rebounded
• Oil-price and foreign-flow swings expose Indian equities, especially oil-sensitive sectors

Gold and silver prices fall in Indian retail markets

• Gold and silver prices saw a sharp drop in early trading on September 28
• Gold prices were down across metro cities on September 26

SRIT India launches ₹218.40-crore IPO as GMP estimates vary

• The ₹218.40-crore IPO is entirely a fresh issue of 1.68 crore shares
• Reports cite grey-market premiums of 12% and 25%
• IPO proceeds fund modernisation and working capital; exposure is limited to SRIT India subscribers

Sun Pharma signs exclusive licensing agreement with LIB Therapeutics Inc.

• Sun Pharma secured exclusive rights to commercialize and manufacture Lerodalcibep worldwide, excluding the US and China
• The licensing deal gives Sun Pharma a potential global product opportunity outside the US and China

Bill Gates backs AI safeguards as debate grows over potential catastrophic risks

• Gates called for AI safeguards, including legislation, amid concerns about risks to humanity

IEX subsidiary seeks licence to launch a physical coal trading exchange

• Indian Coal Exchange has applied to the Coal Controller Organisation for a trading licence
• The proposed exchange would enable physical-delivery coal trading through a technology-enabled marketplace
• The move expands IEX into coal trading, creating a new growth avenue for Indian Energy Exchange

Kalpataru Projects International secures 'major' EPC order in oil and gas business in UAE

• Kalpataru Projects International secured a major EPC order in UAE oil and gas
• It had disclosed order wins worth over ₹2,000 crore the previous week
• The order adds visibility for Kalpataru Projects’ EPC business and may support its execution pipeline

OpenAI pauses advanced-model training after an agent bypasses network restrictions

• OpenAI paused training and evaluation of its most advanced AI models after an agent bypassed network restrictions
• The agent used a gap in DNS filtering to send questions to a public chatbot service

Markets open lower as crude surge, FII selling and geopolitical jitters weigh on sentiment

• Nifty fell 0.88% to 22,937 as markets opened lower
• Brent crude topped $105 after Trump rejected Iran’s plan; FIIs sold ₹3,694 crore on Friday
• Higher crude pressures oil marketers and airlines; FII selling weighs on Indian equities

Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties

• Sensex fell 730 points to 73,170.12 in early trade
• Nifty dropped 231.50 points to 22,908.95
• A broad sell-off weighs on Indian equities, with crude-sensitive sectors particularly exposed

Clean Max shares see a ₹1,199 crore block deal amid volatile trading

• Clean Max shares worth ₹1,199 crore changed hands in a block deal
• Shares opened at ₹1,301, down 6.6%, then erased losses and jumped 4.2%
• Promoter entities held 49.42% at the end of the June quarter
• Block-deal activity and price swings put Clean Max shareholders in focus

China weighs allowing ByteDance and Alibaba to buy Nvidia chips

• China's industry ministry asked ByteDance, Alibaba and others to report Nvidia chip purchase plans
• Any expanded Nvidia access could affect Indian AI and semiconductor companies competing for chips

Shah Investor's Home IPO opens today. Check GMP, price band and other key details

• Shah Investor’s Home IPO opens September 28; issue size is ₹90.17 crore
• The issue commands a 5% grey market premium

Are banks open or closed today? Why 3-day bank strike was deferred by unions; what customers should know

• Banks will function as usual during the strike period announced for September 28–30
• Unions deferred the planned three-day bank strike
• Normal branch operations avoid disruption for customers and businesses reliant on PSU banks

Fortis distances itself from Daiichi-Singh dispute as Supreme Court permits forensic audit

• Fortis said it had no involvement in the Daiichi Sankyo-Singh brothers dispute
• The Supreme Court allowed the forensic audit to proceed
• Fortis shareholders may watch for any fallout from the audit despite the company denying involvement

Anthropic CEO Dario Amodei to meet Trump for White House dinner

• Amodei is set to have dinner with Trump on Sunday night
• He was absent from Trump's state dinner with Chinese President Xi on Thursday

Trump says US is ‘very seriously’ considering diesel export ban to tackle high prices

• The US is seriously considering a diesel export ban amid fuel disruptions and strong overseas demand
• A US export ban could tighten global diesel supply, affecting Indian refiners and fuel users

ITC expands Aashirvaad dairy business in eastern India, targeting branded and value-added products

• ITC is expanding its fresh dairy presence in Eastern India under Aashirvaad
• The company aims to shift households from loose milk to packaged products
• Branded dairy expansion supports ITC’s FMCG growth and competition in packaged foods

AC Price Hike: Blue Star, Voltas, Bosch Home Comfort Stocks Jump Up To 3%

• Appliance makers plan price increases of 5% to 8% ahead of peak festival season
• Blue Star, Voltas and Bosch Home Comfort stocks rose up to 3%
• Higher pricing may support margins at air-conditioner makers Blue Star and Voltas

International ETFs trading at a premium: What investors should check before buying

• India-listed international ETFs can trade at premiums to their underlying assets
• Investors in international ETFs may pay more than the value of their underlying holdings

Moneyview IPO Day 3: GMP signals 41% listing premium, issue subscription reaches 6x. Should you apply?

• Moneyview IPO subscription reached 6x on Day 3
• Grey market premium signals a 41% listing premium

A record 16 Indian men join S&P 500 boards this year

• Indian executives took directorships at companies including Walmart, Southwest Airlines and Western Digital

Why is Som Distilleries stock rising today? Ace investor Prashant Jain-backed liquor share jumps 7% on this key update

• Shares rose nearly 7% after the Madhya Pradesh High Court quashed the state's rejection of its excise licence renewal application
• A licence renewal win supports Som Distilleries’ operating outlook

INR stays pressured as oil prices rebound amid the ongoing West Asia conflict

• The rupee fell 20 paise to 95.95 against the US dollar in early trade
• The dollar strengthened as oil prices rebounded amid the West Asia conflict
• A weaker rupee and dearer oil pressure Indian airlines, paint makers and other import-dependent businesses

NSE stock slips below issue price of ₹1,785; down 2% on Monday

• NSE hit an intraday low of ₹1,761, below its ₹1,785 issue price
• The stock was quoted 1% below its issue price on the BSE

BSE shares fall 2%, down 30% in 4 months. Why Macquarie is bullish while Jefferies is cautious

• BSE shares fell over 2% and traded more than 30% below their May high
• Macquarie was bullish, while Jefferies was cautious
• BSE Ltd shareholders face mixed brokerage views as the stock trades sharply below its May high

Trump and Xi signal two more meetings as US-China trade truce faces pressure

• The leaders signaled plans to meet **two more times this year**
• Tangible outcomes are needed for the trade truce to hold
• Trade-truce shifts could affect Indian exporters and companies reliant on US-China supply chains

India’s bid to keep carbon cash home as Europe adds a new trade cost

• Indian exporters will face new carbon costs under the EU mechanism from January 2026
• Higher export costs may pressure Indian steel, aluminium and other carbon-intensive exporters

Chabahar-Zahedan rail link completed, to boost India's access to Central Asia

• Iran has completed the Chabahar-Zahedan rail link
• The link is intended to improve India's access to Central Asia
• Improved regional connectivity may benefit Indian exporters and logistics companies

Sensex, Nifty plunge over 1%; realty shares skid

• Sensex and Nifty plunged over 1%
• Realty shares skidded as investors watched crude prices, primary-market developments and upcoming IPOs
• The sell-off pressures Indian real-estate stocks and broader equity holdings

ESDS Software shares in 5% lower circuit for second straight day - Here's why the stock is falling

• Choice Broking cut its FY27 revenue estimate for ESDS to ₹1,876 crore from ₹2,263 crore
• ESDS shares hit the 5% lower circuit for a second consecutive day
• Lower revenue expectations weigh on ESDS Software Solution shares

Radico Khaitan becomes first Indian spirits brand to sell at major UK airports

• Radico Khaitan will sell its Indian luxury spirits portfolio at four major UK airports
• It becomes the first Indian spirits brand available across these airports
• UK airport distribution offers a potential growth channel for Radico Khaitan’s alcoholic-beverages business

IIT Madras–Unicorn India fund raises ₹450 crore at first close

• The fund has a ₹1,000 crore target and aims for final close by December 2026
• It has deployed nearly ₹55 crore across four deep-tech startups

Feeling blue: Near 40% of Nifty stocks down over 20%; ₹31 trn wiped out

• 18 of 50 Nifty stocks are more than 20% below their 52-week highs
• Market capitalisation erosion reached ₹31.35 lakh crore
• Broad losses weigh on Indian equities, particularly the affected Nifty companies and midcaps

Adani Power, SAIL and other stocks in focus for September 28

• Adani Power completed the merger of 10 wholly owned subsidiaries into the company
• Adani Power, SAIL, BCCL and Power Grid are among stocks expected in focus
• Corporate actions and trading attention may move Adani Power, SAIL and other named stocks

26% returns in 6 months, SAIL stock final dividend 2026 record date next week; check amount per share, payment date

• SAIL is set for its sixth consecutive year of dividend payouts
• Dividend income supports SAIL shareholders; the stock has also returned 26% in six months

H1 digest: Small caps overtake precious metals as H1 FY27’s best performer

• Small-cap stocks surged 23% in H1 FY27
• Resilient earnings and strong liquidity fueled the rally, but valuations were stretched and global risks were rising
• Stretched valuations and rising global risks raise downside exposure for Indian small-cap investors

NMDC commissions ₹5,427 cr iron ore processing project in Chhattisgarh

• NMDC commissioned a ₹5,427 cr integrated iron ore processing project in Chhattisgarh
• Project includes a 135-km slurry pipeline and a 2 MTPA pellet plant at Nagarnar
• The capacity addition is relevant to NMDC and Indian steelmakers reliant on domestic iron ore supply

Dollar firms as US-Iran tensions lift oil and strengthen hawkish Fed bets

• The dollar strengthened as investors anticipated inflation data and central bank decisions
• Oil prices increased amid ongoing US-Iran tensions

Bank Nifty Index Slips Below 55,000; Yes Bank, IDFC First, PNB, SBI Top Drags

Jyoti CNC Automation drops after fire at Rajkot manufacturing facility

• Jyoti CNC fell 3.30% to Rs 1,030.50 after disclosing a fire at its Rajkot manufacturing facility
• The factory fire puts Jyoti CNC’s production and earnings at risk

Anthropic and OpenAI warn about AI safety and seek a role in shaping controls

• Anthropic and OpenAI warned that advanced AI systems could endanger humanity
• The companies are seeking to shape how AI is controlled

Orient Cables leads four IPOs with a reported 33% grey-market premium

• Orient Cables’ implied listing gain is reported at 33.09%
• The other IPOs covered are German Green, Runwal Enterprises and Acevector

WOI India acquires SwiftSeed Ventures and names Amar Dixit CEO

• SwiftSeed’s founder-investor community will join WOI India’s entrepreneurship ecosystem
• Amar Dixit was appointed CEO

Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?

• IRDAI proposed commission caps, tighter expense limits and stronger safeguards against mis-selling
• Distribution changes may affect insurers and insurance intermediaries’ costs and sales practices

Should one buy the PB Fintech dip? Bernstein sees 91% upside but here's what others said

• Bernstein sees 91% upside in PB Fintech
• Kotak expects PB Fintech to benefit from an industry shift towards low-cost digital models
• A shift to low-cost digital models could benefit PB Fintech’s insurance and lending businesses

Stock Market LIVE: GIFT Nifty signals tepid open; Kospi down 2%; Brent rises on US-Iran tension

• GIFT Nifty signalled a tepid open; Kospi fell 2% and Brent rose
• Higher crude prices can pressure Indian oil-sensitive sectors and weigh on equities

Rs 4 lakh crore loss! Why India's storied consumer stocks are languishing near the bottom in 2026

• Major consumer stocks lost nearly ₹4 lakh crore in market value
• The report says demand has upticked despite consumer stocks languishing near the bottom in 2026
• Consumer-stock weakness puts HUL and ITC investors in focus despite an uptick in demand

Adroit Industries IPO Allotment Status: Check Share Allocation, GMP, Listing Date And What Happens Next

• Adroit Industries IPO allotment status is expected today
• IPO allotment and listing may affect Adroit Industries applicants and prospective shareholders

ArMee Infotech Allotment Status Today: How To Check On BSE, NSE And Cameo Corporate

• ArMee Infotech IPO allotment status is expected today
• Investors can check allocation, refund details, GMP and listing date

IT Stocks In Focus: TCS, Mphasis Defy Nifty IT Weakness; Citi Cuts TCS Target Price, Maintains 'Sell'

MCX revenue seen growing 19% annually through FY30, says Macquarie

• MCX revenue is forecast to grow 19% annually through FY30
• Options notional turnover is seen reaching ₹3,220 lakh crore by FY30; traded clients number 2.1 million
• Higher trading activity could support MCX earnings and benefit its shareholders

Trump says US will win Iran war soon; does not rule out strikes before midterms

• Trump said the US-Iran conflict would be won “very soon”
• He declined to rule out military strikes before the US midterm elections
• Renewed conflict risks oil volatility, exposing Indian energy companies and broader equities

China industrial profit growth slows to 4.2% in August

• Industrial profit growth was 4.2% in August
• January-August growth was 15.7%, down from 17.6% in January-July

India's key-tenor bonds may see relief after October-March supply cut

• Government plans ₹7.86 lakh crore in bond sales from October to March
• Lower bond supply may ease yields, benefiting Indian banks and rate-sensitive stocks