Asian markets weakened while Gift Nifty remained nearly flat, supported by strong DII buying despite FII selling. Commodities traded mixed, with silver declining and WTI crude advancing. Corporate sentiment was led by major orders for Dilip Buildcon and Enviro Infra, alongside banking strike risks, active IPOs and block deals today.
1. Global Market Futures & Live Indices (07:55 AM IST)
| Market / Region | Index / Segment | Value / Change |
| US Market | Nasdaq | -0.20% |
| US Market | Dow Jones | +0.29% |
| US Market | S&P 500 | +0.12% |
| European | Ftse 100 | -0.12% |
| European | Cac 40 | +0.04% |
| European | Dax | +0.08% |
| Asian | NIKKEI 225 | -0.82% |
| Asian | KOSPI | -1.35% |
| Asian | Shanghai (SSEC) | -0.34% |
| Asian | Hang Seng | -1.48% |
| Asian | TAIEX | -0.93% |
| Asian | Strait Times Index | -0.58% |
| Australia | ASX 200 | -1.68% |
| India | Gift Nifty | 23493.00 (+0.01%) |
2. Commodity Market Updates (Live)
Global commodities traded mixed in early deals. Precious metals lacked a clear direction, with strength in spot gold offset by declines in futures and silver. Oil benchmarks diverged, while copper’s modest rise suggested relatively cautious sentiment across industrial commodities.
Gold Futures: Eased 0.12% to $4,455.37
Spot Gold: Rose 0.23% to $4,412.25
Silver: Declined 0.98% to $67.971
Copper: Gained 0.07% to $6.8570
WTI Crude: Advanced 0.41% to $96.44
Brent Crude: Slipped 0.40% to $101.25
Natural Gas: Fell 0.46% to $2.795
3. Institutional Trading Activity (Cash Segment - Sept 9, 2026)
4. Quarterly Earnings Calendar
5. Key Corporate Updates
Positive Developments
Aditya Infotech: Tax authorities deleted the entire ₹403.8 million addition for Assessment Year 2019–20. Separately, a fire occurred at the manufacturing facility of a material subsidiary, but no casualties, injuries or operational disruption were reported.
Nestlé India: Tax authorities reduced the company’s liability to approximately ₹13 million and the associated penalty to around ₹1.3 million.
Takyon Networks: Secured an order valued at ₹17.8 million.
Dilip Buildcon: Received a Letter of Intent from PNGRB for the Paradip–Raipur LPG pipeline project, with an estimated order value of ₹18 billion.
AU Small Finance Bank: RBI approved ICICI Prudential Asset Management Company’s acquisition of up to a 9.95% stake in the bank.
ICICI Bank: RBI permitted subsidiary ICICI Prudential AMC to acquire stakes within regulatory limits in CSB Bank, DCB Bank, Kotak Mahindra Bank and AU Small Finance Bank.
Moody’s on Indian Banks: Strong FCNR(B) and other non-resident deposit inflows are credit-positive, strengthening bank funding and liquidity, supplementing domestic deposit mobilisation and helping contain increases in loan-to-deposit ratios.
Enviro Infra Engineers: A step-down subsidiary received a Letter of Intent for a wind EPC project reportedly valued at ₹22.4 billion.
LTIMindtree: Collaborated with IBM and Red Hat on LightWheel, aimed at advancing AI-driven remediation of open-source software vulnerabilities.
Focus Lighting and Fixtures: Secured an order valued between ₹100 million and ₹170 million.
IRB Infrastructure Trust: Recorded gross toll revenue of ₹4.06 billion in August 2026, reflecting year-on-year growth.
Coal India: Average daily production increased to 1.91 million tonnes on September 8, while dispatches and power-sector supplies improved as the monsoon receded. Northern Coalfields’ supplies reached 55 million tonnes through September 8, supporting a positive production and dispatch outlook.
Wipro: Partnered with CrowdStrike to launch a CISO Command Center designed to strengthen enterprise cybersecurity operations against AI-accelerated and emerging risks.
Veerhealth Care: Entered a supply agreement with an Indo-Canadian joint venture for oral-care products and received an initial purchase order worth ₹1 million.
Ganesh Consumer Products: Approved the purchase of land in Assam as part of its strategic expansion and infrastructure augmentation programme.
Hindustan Zinc: Signed a six-year transportation agreement with MEL India for deploying 30 electric trucks to transport concentrate.
Gujarat Ambuja Exports: Plans to establish an 850-tonnes-per-day corn wet-milling facility at Hubli, requiring an estimated investment of ₹3.33 billion.
Innovision: Received two Letters of Award from the National Highways Authority of India. The IDTL A and B fee-plaza mandate carries consideration of ₹2.19 billion, while the Pachwara fee-plaza mandate is valued at ₹245.28 million.
Hinduja Global Solutions: Its subsidiary will divest its entire holdings in Vinsat Digital and Bhima Riddhi Infotainment for ₹71.7 million and ₹160 million, respectively.
Adani Group: The group is reportedly considering an international airport expansion, signalling ambitions to extend its aviation infrastructure presence beyond India.
Haldia Petrochemicals: The petrochemicals producer plans to increase LPG usage amid concerns that the Iran conflict could disrupt conventional feedstock supplies.
Negative Developments
Indian Bank: Banking unions issued strike notices for September 11, September 28–30 and an indefinite strike beginning October 26, potentially affecting branch and office operations.
Bank of Maharashtra: Seven trade unions proposed strikes for September 11, September 28–30 and from October 26 onward, which may disrupt banking operations.
Punjab National Bank: Warned that proposed union strikes during September and October could affect the smooth functioning of branches and offices.
Central Bank of India: Union-led strikes are scheduled for September 11, September 28–30 and continuously from October 26. The bank is taking measures to maintain normal operations.
Union Bank of India: Certain unions served strike notices over multiple issues; branches and offices nationwide may be affected if the proposed action proceeds.
Neueon Corporation: Withdrew its proposed ₹1.51 billion rights issue and discontinued its procurement partnership with Elcom Innovations.
Schneider Electric Infrastructure: Received tax demands aggregating ₹387 million from the Chennai tax authority.
Sandur Manganese and Iron Ores: Subsidiary Royal Sandur Metals received a ₹12 million penalty order under the Customs Act.
Seamec: The Seamec Agastya vessel was taken off hire effective September 8 due to a technical issue.
Jindal Steel: SEBI imposed penalties of ₹100,000 each on Manish Kumar Sowatia and Ramakant Gupta in connection with an insider-trading matter involving the company’s shares.
Neutral Developments & Corporate Actions
Hero Motors IPO: Anchor bidding is scheduled for September 15, followed by the public issue from September 16–18. The IPO price band has been fixed at ₹79–84 per share.
EKI Energy Services: Tax inspection proceedings commenced and concluded on September 8; no financial impact or adverse finding was disclosed in the provided update.
IDBI Bank: Clarified that its strategic disinvestment is a confidential Government of India process and said it could neither confirm nor deny a report claiming Fairfax may exit IIFL Finance to fund an IDBI Bank bid.
Indian Bank: Plans to divest up to a 17.91% shareholding through an Offer for Sale.
Patil Automation: Board approved fundraising of up to ₹963.8 million.
Gala Global Products: Board will consider raising funds through a rights issue of equity shares.
Biocon: True North affiliate Activ Pine LLP sold approximately 16.6 million Biocon shares through block deals.
Regency Fincorp: Approved the issuance of 50,000 secured non-convertible debentures aggregating ₹500 million.
Filatex Fashions: Designated Rutvikbhai Mukeshbhai Beladiya as Joint Managing Director.
Niyogin Fintech: Intends to enter into a credit arrangement of up to ₹5 billion with Sammaan Capital.
Agastya Energy and Infrastructure: Approved a preferential issuance comprising equity shares worth up to ₹303 million and warrants worth up to ₹5.36 billion.
Equitas Small Finance Bank: Board will consider raising capital through the issuance of Tier-II bonds.
Aayush Wellness: Naveenakumar Kunjaru resigned as Managing Director.
Astonea Labs: Approved the incorporation of Longevity Science as a subsidiary and an investment of $10,000 in its US unit.
Sedemac Mechatronics: Received a nominal tax demand of ₹40,036 for FY2022–23.
Matrimony.com: Supreme Court dismissed the company’s special leave petition as withdrawn in a trademark-infringement matter.
HMA Agro Industries: Executed an agreement to sell its entire shareholding in FNS Agro Foods at ₹55.92 per share for total consideration of approximately ₹50.1 million.
Clean Max Enviro Energy Solutions: Approved the sale of its stake in Clean Max Dynamis to Sunvik Steels.
6. Macro, Non-Corporate, Unlisted & Foreign Updates
Indian Government Bonds: The benchmark government bond yield closed higher at 6.9568%, compared with the previous close of 6.9431%.
Copthall Mauritius Investment: Indian regulators reportedly lifted restrictions preventing the JPMorgan entity from trading in equity segments, although restrictions relating to certain other segments or proceedings may continue pending investigation.
RBI Monetary Data: Currency in circulation declined by ₹472.7 billion to ₹42.86 trillion during the fortnight ended August 31 but remained 12.3% higher year-on-year. Reserve money expanded 7.4% year-on-year, compared with 5.7% growth a year earlier.
SEBI (Commodity Derivatives): Proposed reviewing client position limits and penalty provisions applicable to breaches of position limits in commodity derivatives.
SEBI (Market Infrastructure Institutions): Proposed tighter governance standards, including explicit diversified-shareholding requirements, ownership and voting-right limits, qualification criteria for key managerial personnel and revised director-appointment norms for exchanges and other market infrastructure institutions.
WHO Southeast Asia: Saima Wazed resigned as Regional Director for Southeast Asia with immediate effect.
Jamie Laguardia-Frie/BRG: Jamie Laguardia-Frie joined Berkeley Research Group as Managing Director in its healthcare practice.
Food-Labelling Regulations: Indian food producers sought a review of proposed thresholds for front-of-pack food warning labels, marking the industry’s first significant formal opposition to the proposals.
RBI Retail Forex Platform: RBI added five currencies, including the euro and British pound, to its retail foreign-exchange platform.
Indian Sugar Industry: Refiners are expected to divert around 250,000 tonnes of sugar to the domestic market, which could improve local availability and influence export volumes.
Global Commodities: Raw sugar prices edged higher, while arabica coffee futures also recorded gains.
7. Bulk & Block Deals
Biocon: True North affiliate Activ Pine LLP sold 1.65 crore Biocon shares, representing a 1.02% stake, for ₹638.37 crore at ₹385 apiece. Twelve marquee domestic and global investors acquired the shares, including ICICI Prudential MF, SBI MF, Kotak AMC, BNP Paribas, Citigroup, Societe Generale, WhiteOak Capital and Norway’s Government Pension Fund Global.
Khadim India: Angel investor Pankaj Prasoon acquired an additional 4.18 lakh shares in Khadim India for ₹4.86 crore at ₹116.19 apiece, adding to his existing 1.62% stake. Meanwhile, Ambit Investment Advisors sold 3.69 lakh shares in the footwear company for ₹4.27 crore at an average price of ₹115.97 per share.
Mangalam Global Enterprise: Lemon Group-backed Veloce Fintech, through two Veloce Opportunities funds, acquired 1.17 crore Mangalam Global Enterprise shares, representing a 3.57% stake, for ₹18.26 crore at ₹15.50 apiece. Meanwhile, Chungath Karunakaran Padma Kumar fully exited the company by selling his entire 3.78% holding for ₹19.30 crore at the same price.
8. Initial Public Offerings (IPO) Schedule
On-going IPOs
Last Date: September 10
Last Date: September 11
LCC Projects Ltd
Asset Reconstruction Company (India) Ltd
Rentomojo Ltd
Steamhouse India Ltd
Karamtara Engineering Ltd
Manipal Payment and Identity Solutions Ltd
Vinod Texworld Ltd (NSE SME)
Amtech Esters Ltd (BSE SME)
Infrax Renewable Ltd (BSE SME)
Last Date: September 15
Upcoming IPOs
9. Corporate Actions & Market Restrictions
Securities Trading Ex-Dividend on September 10, 2026
Apex Frozen Foods Ltd, Chemcrux Enterprises Ltd, Divgi Torqtransfer Systems Ltd, Elnet Technologies Ltd, Ganesha Ecosphere Ltd, Grauer & Weil India Ltd, Harshdeep Hortico Ltd, Indoco Remedies Ltd, Indsil Hydro Power and Manganese Ltd, JMJ Fintech Ltd, Linc Ltd, M & B Engineering Ltd, Power Mech Projects Ltd, Radiant Cash Management Services Ltd, Sicagen India Ltd, TVS Srichakra Ltd, Valiant Communications Ltd, Zee Entertainment Enterprises Ltd
Securities Under F&O Ban on September 10, 2026
SAIL, LICHSGFIN, INOXWIND, KAYNES, MANAPPURAM, BANDHANBNK
Sources: WOWNEWS24X7, Moneycontrol, Investing.com
