First Pass

99 stories from 4 sources

India’s markets split between tighter money and selective risk appetite

Day’s Recap

Supporting Articles

India’s benchmark 10-year government bond yield rose above 7%, reaching a three-month high as crude prices and US Treasury yields climbed. Brent crude crossed $108 a barrel while the US 10-year yield approached 4.97%.

11:53 PMEconomic Times

Traders are increasing bearish positions in India's short-term bonds, betting that yields will rise as the central bank withdraws excess cash from the banking system. The expected liquidity drain is putting pressure on the front end of the bond market.

9:00 PMBloomberg Markets

Eight NSE shareholders have reduced their proposed stake sale, cutting the IPO offer to 12.64 crore shares from 14.89 crore shares. The roughly Rs 22,561-crore issue is scheduled to open on September 17, with a price band of Rs 1,700 to Rs 1,785.

11:50 PMEconomic Times

The National Stock Exchange of India has reduced the size of its planned initial public offering, signaling weaker investor appetite at the valuation it had targeted.

1:48 PMBloomberg Markets

A lender group led by State Bank of India has agreed to provide about $3.5 billion in debt financing to Vodafone Idea, according to people familiar with the matter. The funding is intended to help the telecom operator rebuild its business.

11:07 AMBloomberg Markets

Record fund inflows are driving gains in smaller Indian companies even as the broader stock market struggles. The rally is concentrated in the small-cap segment rather than reflecting a uniform market advance.

10:36 PMBloomberg Markets

Other Developments

A curated list of other prominent stories from this day.

The update tracks Tata Motors’ passenger-vehicle share price and its returns, but the available material does not provide a specific price level or performance figure.

11:47 PMEconomic Times

The update follows Adani Ports and Special Economic Zone’s current market status, but the available material does not specify its latest price movement or trading drivers.

11:45 PMEconomic Times

Injecto Polymers and Century Business Media opened their SME IPOs on September 11 and will close on September 16. The companies are raising Rs 56.12 crore and Rs 17.11 crore respectively through fresh shares, with both issues set to list on the BSE SME platform and showing no grey market premium.

11:44 PMEconomic Times

Prasol Chemicals is expected to announce allotment for its Rs 500 crore IPO after the issue received 3.47 times subscription. Investors can check results through KFin Technologies, NSE or BSE before the company’s September 16 listing.

11:30 PMEconomic Times

The update characterizes ICICI Bank’s recent share-price movement as a caution signal, but the available material does not provide the specific price change or underlying trigger.

11:30 PMEconomic Times

IRB Infrastructure Developers, Leela Palaces Hotels and Resorts, Force Motors, PVR Inox, Swan Corp and Ola Electric Mobility appeared in an RSI Trending Up scan after each gained more than 4% on September 10.

11:22 PMEconomic Times

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