Business

08

Sep

By The Press Editor

Business

Deepa Jewellers listing on NSE, BSE: Shares make decent debut, list at 25% premium over IPO price

Shares of Deepa Jewellers made a decent debut on the bourses today, September 8, 2026, and listed at a premium of 25 per cent over the issue price. The stock opened at Rs 221.05 on the BSE against the issue price of Rs 177, a gain of 24.89 per cent. On the National Stock Exchange (NSE), the stock began trading at Rs 221, up Rs 44, or 24.86 per cent. The stock gained further to touch the high of Rs 222. However, it witnessed profit booking and dipped to an intraday low of Rs 195, representing a fall of Rs…

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08

Sep

By The Press Editor

Business

Greater Noida to Ganga Expressway in 30 minutes, GNIDA proposes dedicated freight route

In a bid to boost connectivity between Noida-Greater Noida and the Ganga Expressway. The Greater Noida Industrial Development Authority (GNIDA) has proposed separating freight and passenger movement in Greater Noida. The authority has also proposed constructing a 105-metre-wide road up to the Hapur bypass. According to officials, the proposed updates are part of the plan to amend the Greater Noida Master Plan 2041. This would reduce the travel time between Noida-Greater Noida and the Ganga Expressway to around 30 to 45 minutes. Proposal discussed in a meeting chaired by Nand Gopal Gupta The proposal was discussed at a meeting chaired…

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07

Sep

By The Press Editor

Business

New gas cylinder rules: LPG refill booking interval in rural areas reduced to 25 days

In a major development, Union Minister Suresh Gopi on Monday announced a revision of the refill booking interval in rural areas to 25 days, down from 45 days. The Minister said the central government has asked oil marketing companies to implement the revised LPG refill booking interval of 25 days uniformly in both urban and rural areas immediately. He said that the refill booking interval was revised due to the pressure on liquefied petroleum gas (LPG) supply following the Middle East conflict. "However, in view of the current LPG supply situation improving and the significant reduction in refill backlog, the…

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07

Sep

By The Press Editor

Business

Want to achieve financial independence by 50? Here’s the math, mindset, and realistic plan

Ask anyone who has read a few articles on early retirement how much they need to retire, and you will get an answer in seconds - the 25x rule. Spend Rs 12 lakh a year, or Rs 1 lakh a month, and you need a corpus of Rs 3 crore, from which you withdraw 4 per cent every year, forever. Rohit Tuteja, Co-Founder & CEO of finny.club, says that it is a neat rule, but it is inaccurate for most Indians.  "Not because the math is flawed, but because it was built for a different country and a different decade,"…

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07

Sep

By The Press Editor

Business

146% surge from 52-week low: Raymond shares surge over 6% to hit fresh 52-week high, check details

Shares of Raymond Ltd continued their upward trend on Monday amid its powerful market re-rating and surged over 6 per cent to hit a fresh 52-week high of Rs 789.60. The surge comes amid a spurt in trading volume of more than 1.54 times, with nearly 2.89 million shares changing hands. The stock started the trading session at Rs 737.80, down Rs 3.7 from the previous close of Rs 741.50 on the BSE. The counter gained further to touch the intraday high of Rs 789, a gain of Rs 47.5 or 6.40 per cent. This is also the stock's new…

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07

Sep

By The Press Editor

Business

Textile stock jumps nearly 9% even as benchmark indices decline amid West Asia conflict, details here

Shares of textile company Nandan Denim gained nearly 9 per cent on Monday, i.e. September 7, 2026, even as benchmark indices Sensex and Nifty drifted lower as elevated crude oil prices, escalation in US-Iran hostilities and concerns over a possible US interest rate hike weighed on investors' sentiment. At the time of writing the report, the 30-share BSE Sensex was down by 412.32 points or 0.54 to 76,103.11. The 50-share NSE Nifty declined 122.50 points to 23,775.20. Despite the fall, the stock traded in the green at Rs 3, up Rs 0.17 or 6.01 per cent, and the company's market…

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07

Sep

By The Press Editor

Business

NSE’s Rs 30,000-crore IPO to be bigger than Hyundai and LIC, price band likely at Rs 1,800, check GMP

The primary market is expected to witness a lot of activity as several initial public offerings (IPOs) are set to hit the market this month. However, investors are really excited about the IPO of the National Stock Exchange (NSE). This is because the exchange has received regulatory approval for the long-awaited initial public offering after a wait of around 10 years. The market regulator, SEBI (Securities and Exchange Board of India), approved the National Stock Exchange's IPO papers on September 4, 2026. It has granted the Observation Letter (Observation Letter), or official approval. The exchange first filed for an IPO…

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07

Sep

By The Press Editor

Business

Stock market new rules from today: NSE to change pre-open market session, here’s all you need to know

Investors have an important update regarding the National Stock Exchange (NSE) pre-open market session. The NSE will implement revised rules for its pre-open session from September 7, 2026. While the session timings will remain the same, the entire process from 9 am to 9:15 am will be overhauled. Under the new system, the order-entry period will be divided into phases, with market orders prohibited during the second phase. These changes are intended to align the pre-open session with the closing auction session (CAS) introduced by market regulator SEBI (Securities and Exchange Board of India) in the equity cash market. The…

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07

Sep

By The Press Editor

Business

Gold opens gap down on MCX, silver falls to Rs 2.36 lakh per kg amid strong US jobs data | Check city-wise rates

Precious metals futures opened gap down on Monday, September 07, 2026, mirroring the global reaction to Friday's strong US jobs data, which boosted expectations of a Fed rate hike and reduced the appeal of the non-yielding metal. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 488 or 0.31 per cent at Rs 1,52,279 per 10 grams against the previous close of Rs 1,52,767. It fell further to touch the intraday low of Rs 1,51,850, dropping Rs 917 or 0.60 per cent. Last seen, it was trading at Rs 1,51,900 with a…

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07

Sep

By The Press Editor

Business

Pranav Constructions IPO now open for subscription, check latest GMP, price band and listing date

Real estate developer Pranav Constructions is now open for subscription. The three-day subscription window will close on September 9, 2026. Ahead of the issue, the Mumbai-based company raised Rs 84.2 crore from nine anchor investors. Goldman Sachs Investments (Mauritius) Ltd, Abudantia Capital VCC, ITI Mutual Fund, Taurus Mutual Fund and Ashika India Select Fund were among the investors participating in the anchor round. According to a circular uploaded on the BSE website, the construction firm allocated 67.94 lakh equity shares at Rs 124 apiece to anchor investors.  The IPO lot size is 120 equity shares, so investors can place bids…

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