Short news for quality minds. Power your niche.Smartly curated short news for quality minds. Want your own niche feed? Integrate with us today.
National Stock Exchange of India Ltd has scaled back its IPO size after key shareholders, including Morgan Stanley, trimmed their planned stake sales. Other investors like Bank of Baroda and Indian Bank also cut their offerings. One person said, "Reduction in stake sale after roadshows shows their confidence in the exchange's growth."
HDFC Bank won all seven Bahrain cases filed by Credit Suisse AT1 bond investors on September 9. The court rejected allegations of mis-selling, saying investors failed to provide evidence linking the bank to their losses. The bank said, "All seven cases of legal proceedings against HDFC Bank stand rejected."
Jefferies sees up to 46% upside in Adani Energy Solutions and 29% in Adani Enterprises. The brokerage kept its Buy rating for both stocks. Jefferies said, "Increasing tie-ups in the trading segment is in-line with management vision." Adani Enterprises continues to grow its diverse businesses across airports and data centres.
State Bank of India expects FCNR liquidity deployment to take three to four months. Chairman C S Setty said, "It will take about three to four months for the deployment of the liquidity." The bank also started using agentic AI to improve customer service, risk management, and productivity across banking operations.
Embraer is set to enhance its local production and sourcing capabilities in India. The Brazilian aircraft manufacturer wants to deepen its manufacturing footprint by integrating Indian companies into its global supply chain. Union Minister Ram Mohan Naidu Kinjarapu said he was "pleased to hear about Embraer's Make in India plans."
The European Central Bank is expected to raise interest rates to 2.50% on Thursday. This move comes as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation above its 2% target, many experts said the bank will likely signal that further rate hikes could follow soon.
HCL Technologies shares fell 1.5 percent on Thursday, making the stock the top loser on the Nifty 50. Citi kept a sell rating, citing a high valuation despite the company’s AI progress. The stock has fallen 26 percent in 2026. Meanwhile, HCL Tech recently opened a new semiconductor lab in Bengaluru.
Parag Parikh Flexi Cap Fund increased its stake in HDFC Bank, Coal India, and eight other stocks in August. The fund added 90.02 lakh shares of HDFC Bank and 82.15 lakh shares of Coal India. It also added DLF as a new entrant while holding 34 stocks across 26 sectors.
Chinese startup DeepSeek launched its V4.1-Flash AI model on Thursday. The company said the new model is designed for greater capability, faster inference, higher throughput and scaling to larger models. This release comes as the firm started to prepare for an initial public offering on Shanghai’s tech-focused STAR Market soon.
The Manipal Payment & Identity Solutions IPO got 22 percent subscription by 11:50 am on September 10. Retail investors subscribed 95 percent, while the grey market premium stayed at zero. Bidding for the Rs 805-crore issue will remain open until September 11. Many investors are watching the final day closely now.
Domestic and global brokerages initiated coverage on eight Indian stocks, including BSE and Adani Power, predicting up to 60% upside. Analysts said retail participation in derivatives is showing signs of moderation. Many firms got bullish on sectors like defence and consumer discretionary, as they see strong growth for these companies.
US yields surged to a 2023 peak, creating concerns for Indian equity markets. Market veteran Ajay Bagga said, "A weaker rupee increases India's import bill, stoking domestic inflation and forcing the RBI to keep domestic interest rates higher for longer." Foreign investors already pulled out over Rs 2.32 lakh crore in 2026.