Business

07

Sep

By The Press Editor

Business

7 September, 2026 Stock Market Updates: Sensex drops 69 points, Nifty below 23,900 as oil edges higher

Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Wednesday as oil prices edged higher after fresh attacks in the US-Iran conflict. While the 30-share BSE Sensex dropped 69.38 points or 0.09 per cent to start the session at 76,446.05, the Nifty opened with a drop of 14.55 points to 23,883.15. In the last trading session, the Sensex closed at 76,515.43 and the Nifty 50 at 23,897.70. Similarly, the broader indices traded in the red in the early trading session. While the BSE Midcap Select Index was down by 75.01 points, the BSE Smallcap Select Index…

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07

Sep

By The Press Editor

Business

46% YTD return: Pharma stock to be in focus as company announces expansion in US market, details here

Shares of BSE-listed Sudarshan Pharma Industries Limited will be in focus during today's trading session after the company announced its strategic expansion into the US market through a new acquisition. According to information shared with exchanges, the company's board of directors has approved the acquisition of Delaware-registered MedTherapy Biotechnology Inc. The company will acquire a 9.50 per cent equity stake in the target entity. MedTherapy Biotech works toward making cancer treatment affordable and accessible to almost every patient.  “We see substantial potential to combine advanced biotechnology, cost-efficient manufacturing and international commercialisation. This association could open significant opportunities across the United…

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06

Sep

By The Press Editor

Business

Adani Defence signs five-year deal to supply Made-in-India ammunition for AK-203 assault rifles

New Delhi: Adani Defence & Aerospace has signed a five-year agreement with Indo-Russian Rifles Pvt Ltd to supply indigenously manufactured 7.62x39 mm ammunition for AK-203 assault rifles being produced in India. The agreement will create an integrated domestic supply chain for the India-Russia rifle programme. Adani Defence to provide ammunition for AK-203 Under the agreement, Adani Defence will supply the small-calibre ammunition required for the AK-203 programme for five years, providing an Indian source of supply and supporting continuity of ammunition availability over the contract period, according to the company. The agreement brings together rifle production by Indo-Russian Rifles Pvt Ltd (IRRPL)…

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04

Sep

By The Press Editor

Business

Sensex snaps 4-day losing streak, ends 362.57 points higher, Nifty at 23,897.70

Benchmark indices Sensex and Nifty snapped their losing streak and ended the session in the green amid positive global cues; however, gains remained capped as profit-taking weighed in at higher levels. The 30-share BSE Sensex closed 362.57 points or 0.48 per cent higher at 76,515.43. During the day, the benchmark hit a high of 76,883.14 and a low of 76,515.43, gyrating 367.71 points. The 50-share NSE Nifty ended with a gain of 24.25 points or 0.10 per cent and closed the session at 23,897.70. Similarly, the broader market ended the session in the green. While the BSE MidCap Select Index…

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04

Sep

By The Press Editor

Business

No toll fee for locals at Jewar toll plaza from September 17, here’s how to avail benefits

Good news for people living in villages affected by, and located around, the Yamuna Expressway in the Jewar region. Eligible residents will soon be allowed to travel through the Jewar toll plaza without paying any toll. According to available information, toll-free travel will be allowed from September 17, 2026. This has been a longstanding demand of locals, and it has now been fulfilled. As a result, eligible locals will be relieved of toll expenses while commuting between Jewar, Greater Noida, and Agra. Locals have been demanding toll exemption for 14 years The 165-kilometre-long Yamuna Expressway connects Greater Noida to Agra.…

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04

Sep

By The Press Editor

Business

FII inflow crosses USD 3.2 billion in August, but largecaps remain under pressure, here’s why

Usually, when foreign institutional investment (FII) sentiment turns positive, it invariably triggers a sharp rally in large caps, which in turn has a visible positive impact on the Nifty and Sensex. That has been the established pattern through previous cycles. But this time, this well-entrenched pattern seems to have broken. For the first time in many months, FII flows turned positive in July, with net inflow of over USD 2 billion. More interestingly, August has witnessed the highest monthly inflow since September 2024, with flows already exceeding USD 3.2 billion as of August 30th. Yet, the Nifty continues to trade around 8.2…

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04

Sep

By The Press Editor

Business

Uttar Pradesh’s first double-decker elevated road to be built in Greater Noida, check route and cost

There's good news for residents of Greater Noida, as the area is set to get a major connectivity boost soon. The Greater Noida Authority has approved a proposal to construct Uttar Pradesh's first double-decker elevated road in the city. This ambitious project will extend from Ekmurti Chowk to Shahberi and will connect to the Meerut Expressway, or NH-9. Once this corridor is complete, commuting between Greater Noida, Delhi and Meerut is expected to become much easier. Over 5km long elevated corridor According to the authority's CEO, Ravi Kumar NG, this will be the state's first double-decker elevated road. The consent…

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04

Sep

By The Press Editor

Business

Logistics stock under Rs 50 jumps over 7% as markets rebound after 4-days of slump, check details

Shares of logistics solution provider Sindhu Trade Link are in action today as equity benchmark indices Sensex and Nifty bounced back sharply amid strong global cues after four days of sharp decline. While the 30-share BSE Sensex jumped 531.88 points, or 0.70 per cent, to 76,684.74, the 50-share NSE Nifty advanced 78.25 points, or 0.33 per cent, to 23,951.70. Amid this, the stock opened in the red at Rs 23.76 against the previous close of Rs 24.01 on the BSE. But the counter gained amid a spurt in trading volume by more than 2.05 times and touched the intraday high…

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04

Sep

By The Press Editor

Business

Greater Noida to get Uttar Pradesh’s first double-decker elevated road, check route and cost

There's good news for residents of Greater Noida, as the area is set to get a major connectivity boost soon. The Greater Noida Authority has approved a proposal to construct Uttar Pradesh's first double-decker elevated road in the city. This ambitious project will extend from Ekmurti Chowk to Shahberi and will connect to the Meerut Expressway, or NH-9. Once this corridor is complete, commuting between Greater Noida, Delhi and Meerut is expected to become much easier. Over 5km long elevated corridor According to the authority's CEO, Ravi Kumar NG, this will be the state's first double-decker elevated road. The consent…

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04

Sep

By The Press Editor

Business

Share Market Holiday: Are NSE and BSE open or closed today for Krishna Janmashtami 2026? Check details

The festival of Krishna Janmashtami is celebrated every year on Ashtami Tithi, i.e., the eighth day of Krishna Paksha in the Bhadrapada month. It is believed that Lord Krishna, the eighth avatar of Lord Vishnu, incarnated on this day. Therefore, Janmashtami is being celebrated on Friday, September 4, 2026, this year. On this day, people worship Lord Krishna according to prescribed rituals and extend greetings to their loved ones. Despite this, the stock markets are open for usual trading today. This is because Krishna Janmashtami, also known as Gokulashtami, is not included in the BSE and NSE stock market holiday…

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