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16 September, 2026 Stock Market Updates: Sensex, Nifty open in green amid mixed global cues, Paytm jumps 7%
16
Sep
By The Press Editor
Business

16 September, 2026 Stock Market Updates: Sensex, Nifty open in green amid mixed global cues, Paytm jumps 7%

Indian equity benchmark indices, the Sensex and Nifty, started the trading session in the green amid mixed global cues as all eyes now turn to the US Federal Reserve, which concludes its two-day policy meeting later today. While the 30-share BSE Sensex jumped 245.49 points or 0.33 per cent to start the session at 74,249.31, the Nifty opened with a gain of 83 points at 23,201.60. In the last trading session, the Sensex closed at 74,003.82 and the Nifty 50 at 23,398.10. Similarly, the broader indices traded in the green in the early trading session. While the BSE Midcap Select…
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Hero Motors IPO GMP today: Grey market premium signals 22% potential listing, check price band and other details
16
Sep
By The Press Editor
Business

Hero Motors IPO GMP today: Grey market premium signals 22% potential listing, check price band and other details

The initial public offering (IPO) of auto parts maker Hero Motors Ltd is now open for subscription. Before this, the company has raised Rs 300 crore from anchor investors. According to the information available on the BSE's website, the company has allotted 3.57 crore equity shares to anchor investors at Rs 84 apiece. The company has set a price band of Rs 79-Rs 84 per share for its Rs 1,000 crore public issue. ICICI Prudential Life Insurance Company Ltd, 3P India Equity Fund 1M, Edelweiss Life Insurance Company Ltd, Societe Generale and ASAS Global Fund Incorporated VCC Sub Fund were…
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NSE IPO to open for subscription from tomorrow, check price band, latest GMP, listing date and other details
16
Sep
By The Press Editor
Business

NSE IPO to open for subscription from tomorrow, check price band, latest GMP, listing date and other details

The much-awaited initial public offering of the National Stock Exchange (NSE) will open for subscription tomorrow, i.e., on September 17, 2026. The public issue has undergone several changes since the exchange filed its Draft Red Herring Prospectus (DRHP) in June. The exchange has cut the offer-for-sale (OFS) to 12.64 crore equity shares from 14.9 crore shares. This has brought down the overall issue size. According to the NSE, it has set the issue price band at Rs 1,700 to Rs 1,785 per share. The company plans to raise approximately Rs 22,569 crore from this issue. The IPO was earlier expected…
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Paytm share price surges over 7% as government introduces 0.4% MDR on UPI payments to merchants
16
Sep
By The Press Editor
Business

Paytm share price surges over 7% as government introduces 0.4% MDR on UPI payments to merchants

Shares of mobile payments pioneer Paytm are in action today, i.e. on September 16, 2026. The stock opened gap up at Rs 1,829.35, with a gain of Rs 98.25 or 5.68 per cent from the previous close of Rs 1,731.10 on the BSE. Amid a spurt in trading volume of more than 1.83 per cent, the stock gained to touch an intraday high of Rs 1,856.50, a gain of Rs 125.4 or 7.24 per cent. This is also its fresh 52-week high. The counter's 52-week low is 947.10, touched on March 30, 2026. The stock's move comes as the government…
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Yogi government approves Rs 1,008 crore 6-lane Chitrakoot Link Expressway, allows speed up to 120 kmph
16
Sep
By The Press Editor
Business

Yogi government approves Rs 1,008 crore 6-lane Chitrakoot Link Expressway, allows speed up to 120 kmph

Good news for the people of Bundelkhand and pilgrims travelling to Chitrakoot Dham: the Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, has approved the revised proposal for the Chitrakoot Link Expressway. This six-lane greenfield expressway will cost about Rs 1,008.67 crore and will connect Chitrakoot Dham to the Bundelkhand Expressway. Once the expressway is complete, travel is expected to be faster, easier, and more organised. Vehicles will be able to travel on this road at speeds of up to 120 kilometres per hour. The Cabinet has approved 23 proposals.  The Uttar Pradesh government will bear the entire cost…
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Back-to-back upper circuit amid market volatility: FMCG stock gains over 9% in 1 week, check details
15
Sep
By The Press Editor
Business

Back-to-back upper circuit amid market volatility: FMCG stock gains over 9% in 1 week, check details

Shares of fast-moving consumer goods (FMCG) company Elitecon International hit the upper circuit back-to-back amid stock market volatility. The counter hit the 5 per cent upper circuit for the second consecutive day today, i.e. on September 15, 2026. The stock opened in the green at Rs 8.48 against the previous close of Rs 8.19 on the BSE, representing a gain of Rs 0.29 or 3.54 per cent from the previous close. Amid buying interest, the stock gained to touch an intraday high of Rs 8.59, up Rs 0.40 or 4.88 per cent from the previous close, and locked in a…
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UPI payments above Rs 2,000 to merchants to attract 0.4% fee, remain free for consumers
15
Sep
By The Press Editor
Business

UPI payments above Rs 2,000 to merchants to attract 0.4% fee, remain free for consumers

New Delhi: UPI payments between consumers will continue to remain free, irrespective of the transaction value, while a nominal Merchant Discount Rate (MDR) of 0.4 per cent will apply to certain high-value merchant transactions over Rs 2,000, according to the latest payment framework announced by the Centre on Tuesday. There will be no charges on person-to-person (P2P) UPI transactions, regardless of the amount being transferred. For person-to-merchant (P2M) transactions, an MDR of 0.4 per cent will be levied on payments above Rs 2,000. The MDR will be capped at Rs 300 per transaction for high-value transactions of Rs 75,000 and…
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Is Gurugram becoming NCR’s ultimate housing growth engine? Here’s what experts say
15
Sep
By The Press Editor
Business

Is Gurugram becoming NCR’s ultimate housing growth engine? Here’s what experts say

Gurugram’s housing market is getting too large to be described simply as NCR’s luxury address. Luxury remains at the centre of the market, but the residential footprint has expanded considerably. In Q2 2026, Gurugram accounted for 43 per cent of NCR residential sales and 45 per cent of new launches, according to JLL. Residential capital values rose 10 per cent year-on-year, the strongest growth among NCR markets. Multi-corridor expansion The scale was already visible in 2025. ANAROCK recorded around 29,500 launches and 24,400 sales in Gurugram, accounting for 48 per cent of NCR launches and 42 per cent of sales.…
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Rentomojo IPO allotment today: Here’s how to check status online on NSE, BSE and KFin Technologies
15
Sep
By The Press Editor
Business

Rentomojo IPO allotment today: Here’s how to check status online on NSE, BSE and KFin Technologies

The allotment status for the Rs 1,255.57 crore Rentomojo IPO is expected to be finalised today, i.e. on September 15, 2026. Once finalised, investors can check the status on the registrar's official website, i.e., Kfin Technologies, along with the BSE and NSE. The initial public offering of the online furniture and appliance rental platform was subscribed 72.88 times on the final day of bidding on Friday. According to data available on the National Stock Exchange (NSE), the IPO received bids for 158.68 crore shares against 2.17 crore shares on offer. The category for Qualified Institutional Buyers (QIBs) received 177.29 times…
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