Business

09

Sep

By The Press Editor

Business

9 September, 2026 Stock Market Updates: Sensex, Nifty tumble as crude oil trades near $100 per barrel

Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Wednesday as Brent crude is trading near USD 100 a barrel after the US-Iran conflict widened and Iran-backed Houthi attacks disrupted Saudi energy infrastructure. While the 30-share BSE Sensex dropped 361.36 points or 0.48 per cent to start the session at 75,216.22, the Nifty opened with a drop of 113.05 points to 23,522.05. In the last trading session, the Sensex closed at 75,577.58 and the Nifty 50 at 23,635.10. However, the broader indices traded mixed in the early trading session. While the BSE Midcap Select Index was…

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09

Sep

By The Press Editor

Business

NSE IPO expected to open on September 18, here’s when it can list on the bourses; GMP declines

Amid strong buzz around the National Stock Exchange (NSE) initial public offering (IPO), reports suggest the much-anticipated Rs 30,000 crore issue is likely to open for public subscription on September 18, 2026. Reports also suggest that the shares of the country's largest stock exchange may list on September 25, 2026. Despite all the buzz, the grey market premium (GMP) of the NSE IPO has declined. GMP is an indicative premium at which IPO shares are informally traded and gives a rough idea about the expected listing price. However, it is not an official indication and can change rapidly. NSE IPO…

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08

Sep

By The Press Editor

Business

How much health insurance do you actually need beyond your employer coverage? Check full details

One benefit of having a job, beyond regular income, is access to employer-provided health insurance. Many corporate and government organisations offer health cover that can help employees manage the financial burden of hospitalisation due to illness or accidents. While this employer-provided cover is undoubtedly valuable, experts are of the view that it should not be the only health insurance protection you rely on. According to Dr Vinay Golankondoju, VP – Health Underwriting, Digit Insurance, an individual health insurance policy is equally important, regardless of the sum insured your employer offers.  Why is an individual health insurance policy important?  First, not…

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08

Sep

By The Press Editor

Business

State Bank of India FD interest rate: Here’s how much you can earn on fixed deposit of 365 days

State Bank of India (SBI) is the country's largest public sector bank by customer base, branch count, and market capitalisation. This public sector lender is offering strong returns on fixed deposits (FDs). SBI is offering bumper interest rates ranging from 3.05 per cent to 7.15 per cent on fixed deposits. Let's find out how much interest SBI offers on FDs with a 365-day maturity period. We'll also cover the special features of SBI's FD scheme for senior citizens. How much interest is State Bank of India offering on FD accounts with a tenure of 365 days? State Bank of India customers…

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08

Sep

By The Press Editor

Business

Sensex settles 555 points lower, Nifty below 23,650, ICICI Bank drops 2% as banks drag

Benchmark indices Sensex and Nifty ended the session in the red as elevated crude oil prices continue to weigh on investor sentiment. The 30-share BSE Sensex fell 555.23 points or 0.73 per cent to settle at 75,577.58. During the day, the benchmark hit a high of 76,01.11 and a low of 75,553.35, gyrating 458.76 points. The 50-share NSE Nifty ended with a drop of 144.05 points or 0.61 per cent and closed the session at 23,635.10. However, the broader market ended the session mixed. While the BSE MidCap Select Index gained 147.40 points or 0.79 per cent, the BSE SmallCap…

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08

Sep

By The Press Editor

Business

Raymond shares hit fresh 52-week high of Rs 869.05 as board meets to discuss fundraising, details

Shares of Raymond Ltd. are in action and have been hitting fresh highs. The stock once again touched a fresh 52-week high of Rs 869.05 even as benchmark indices Sensex and Nifty declined amid rising crude oil prices and the US-Iran hostilities. The stock started the session in the red amid a broader market selloff. However, the stock gained momentum amid a volume surge of more than 5.29 times and touched an intraday high of Rs 869.05. The stock has a 52-week low of Rs 320.40, hit on March 30, 2026. Last seen, the company's market cap stood at Rs…

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08

Sep

By The Press Editor

Business

8 September, 2026 Stock Market Updates: Sensex slips 162 points, Nifty around 23,700, TCS drops over 1%

Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Tuesday as investors continue to assess escalating Middle East tensions and their impact on energy supplies, with Brent crude hovering near USD 95. While the 30-share BSE Sensex dropped 162.53  points or 0.21 per cent to start the session at 75,970.28, the Nifty opened with a drop of 36.05 points to 23,743.10. In the last trading session, the Sensex closed at 76,132.81 and the Nifty 50 at 23,779.15. However, the broader indices traded mixed in the early trading session. While the BSE Midcap Select Index was up…

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08

Sep

By The Press Editor

Business

India-made bullet train body frame ready, will be on track for testing in 2027: Ashwini Vaishnaw

Union Minister for Railways Ashwini Vaishnaw on Tuesday said that the first body frame of the indigenously built bullet train has been completed and sent for a squeeze test. According to Vaishnaw, the bullet train will be on the tracks for testing by May or June of next year. Once bullet train service resumes, people will be able to reach Mumbai from Vadodara in just an hour and a half. Speaking at the 'NaMo for Viksit Bharat' event, Vaishnaw said that the bullet train will be inaugurated by the Prime Minister after two to four months of testing.  "Regarding the…

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08

Sep

By The Press Editor

Business

Prasol Chemicals IPO GMP today, price band, lot size, expected listing date and other key details here

The initial public offering (IPO) of speciality chemicals manufacturer Prasol Chemicals Ltd is now open for subscription. The three-day bidding process for the public issue will close on September 10, 2026. Ahead of the IPO, the company mobilised nearly Rs 150 crore from anchor investors. According to a circular uploaded on the BSE, the company has allocated 22.19 lakh equity shares to anchor investors at Rs 676 per equity share. The public offer of Prasol Chemicals comprises a fresh issue of equity shares worth up to Rs 80 crore and an offer-for-sale (OFS) of shares worth up to Rs 420 crore…

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08

Sep

By The Press Editor

Business

ESDS Software shares continue bull run post listing, hit upper circuit for third consecutive session

Shares of ESDS Software Solution, an AI-enabled cloud, managed services, data centre infrastructure and software solutions provider, continued their bull run post a strong listing on the bourses on September 4, 2026. The company's shares made a strong debut, listing at a premium of more than 76 per cent over the issue price of Rs 429 before surging further to hit their upper circuit limits.

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