The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).
Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.
Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
Shares of temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd listed with a massive premium of over 111 per cent against its issue price of Rs 300, reaching a market valuation of Rs 4,934.81 crore.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
Indian benchmark indices, Sensex and Nifty, experienced a sharp decline at the close of trade, with the Sensex dropping 539 points and the Nifty falling below 24,100, primarily due to selling pressure in HDFC Bank and ongoing geopolitical uncertainties.
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade due to escalating crude oil prices and ongoing US-Iran hostilities, which subdued investor risk appetite.
Coforge Chairman O P Bhatt has abruptly resigned from the IT firm after an internal audit raised concerns over the handling and presentation of a 'board evaluation report' to the board, with the company asserting the move will not impact its financial or operational performance.
Indian stock market benchmark indices Sensex and Nifty recorded their second consecutive day of decline, with the Sensex dropping 555.23 points and the Nifty falling 144.05 points, primarily due to rising crude oil prices and ongoing US-Iran hostilities in West Asia.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices, escalating US-Iran hostilities, and renewed concerns over a potential US interest rate hike.
India's market regulator, Sebi, is set to issue a consultation paper proposing changes to the methodology for determining settlement prices of derivative contracts, following significant feedback and 'sharp price spikes and distortions' observed during the recently implemented Closing Auction Session (CAS) mechanism.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
Shares of packaged food company Milky Mist Dairy Food Ltd listed with a premium of nearly 18 per cent against its issue price of Rs 140, reaching a market valuation of Rs 13,968.81 crore.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.
Analysts predict that developments in the West Asia conflict, crude oil prices, and upcoming US inflation data will be the primary factors influencing the Indian stock market next week, alongside foreign investor activity and global market trends.
Tempsens Instruments India has emerged as the strongest mainboard IPO debutant of calendar year 2026 so far, delivering a 95.55 per cent gain on its listing day, surpassing all previous top performers and contributing to August being the strongest month for listing gains this year.
Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.
The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.
E-commerce enablement platform Shiprocket Ltd saw its shares list with a 35 per cent premium on its market debut, trading at Rs 129.50 on the BSE and Rs 131 on the NSE against an issue price of Rs 97, achieving a market valuation of Rs 9,901.60 crore.
Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.
Indian benchmark equity indices, Sensex and Nifty, closed lower for multiple consecutive days, with the Nifty extending its losses to a seventh day, primarily due to elevated crude oil prices following the expiry of the US-Iran ceasefire without a diplomatic resolution.
Leading stock exchange BSE Ltd announced a 61 per cent increase in consolidated net profit to Rs 795.47 crore for the March quarter, driven by higher income, and reported its highest-ever performance in its 150-year history for the full financial year 2025-26.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to renewed tensions in West Asia, which led to a rebound in crude oil prices, coupled with weak global market trends and foreign fund outflows.
Tata Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.