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What is the story about?
Sensex, Nifty end lower but recover sharply from lows: Here's what drove today's market
The equity benchmark indices ended in the red on Tuesday (September 29), but recovered sharply from the day's lows, with the Sensex falling 243 points to 72,529 and the Nifty declining 64 points to 22,716.
Read more
Also Read: Nifty at 20-year technical crossroads as 200-week moving average comes under pressure
Gold falls below ₹1.47 lakh per 10 grams on MCX: Key drivers
Gold prices remained under pressure on Tuesday, September 29, with the MCX October gold contract trading at ₹1.46 lakh per 10 grams, down 0.21%.
Read more
FIIs sell nearly ₹10,000 crore on Tuesday even as markets end sharply off lows
Foreign institutional investors (FIIs) stepped up selling in Indian equities on Tuesday, offloading shares worth ₹9,980.22 crore on a provisional basis, according to exchange data.
Read More
Stocks to watch and Nifty’s next move
Tata Steel, KPI Green Energy, Arisinfra Solutions and other stocks could be in focus on Wednesday following key company developments. Meanwhile, the Nifty’s slide to a six-month low and its eighth straight weekly decline has put the index at a crucial technical level, with analysts expecting consolidation ahead.
Stocks to watch for September 30: Tata Steel, KPI Green Energy, Arisinfra Solutions and more
From Tata Steel receiving a favourable ITAT order to KPI Green Energy securing a work order worth around ₹2,025 crore, here are the stocks to track ahead of Wednesday’s trading session.
Read more
Nifty Outlook for September 30: Index at 200-week moving average, what analysts expect next
Indian equities are expected to remain in a consolidation phase after the market slid to a six-month low, marking a 6.8% decline and its eighth consecutive weekly fall the longest losing streak since 2020.
Read more
Oil, Tata, Barclays & more
Crude prices remain above $106 as US-Iran tensions persist, while Tata Group stocks slide after the latest Tata Trusts proposal on Tata Sons. India-US trade talks move closer to a broad understanding, Trump announces a $15 billion Essar steel plant in Iowa, and Barclays CEO C.S. Venkatakrishnan weighs in on the prospects of foreign flows returning to India. The Supreme Court also examines a proposed uniform 16% markup on medicines.
Crude remains elevated as US and Iran reject, rebuke each other; Brent above $106
Crude oil prices increased for a second consecutive day as the absence of substantive progress in negotiations between the United States and Iran, combined with indicators of robust demand, offset the resumption of petroleum flows through a significant pipeline corridor originating from Saudi Arabia, the world's leading oil exporter.
Read more
Also Read: US forces exit Iraq after two decades, leaving opening for Iran
Tata Group stocks fall after latest proposal from Tata Trusts on Tata Sons listing
Shares of Tata Group companies, generally associated with the potential listing of Tata Sons, namely Tata Chemicals, Tata Motors PV, and Tata Investment Corporation traded with losses that ranged between 3% to 4% on Tuesday, September 29, after the latest proposal by the Tata Trusts with regards to the future of Tata Sons .
Read more
Also Read: Tata Sons outlook: Merger plan could change structure, but RBI decision remains crucial
India-US trade deal nearing broad understanding, tariff framework remains hurdle: Jaishankar
India and the United States have reached a broad understanding on a proposed trade agreement, but changes to Washington’s tariff framework remain an issue in concluding the pact, External Affairs Minister S Jaishankar said.
Read more
Trump announces $15 billion Essar steel plant in Iowa, production to begin by 2030
US President Donald Trump announced Essar Group’s plans to build a $15 billion steel plant in Iowa on Monday, September 28, calling it the largest steel plant in US history and crediting his administration’s tariff policies for driving investment in American manufacturing.
Read more
Will FPIs come back? Barclays CEO says global rotation could bring flows back to India
Foreign investment into India could return as global capital rotates back towards markets outside the US, but India should not rely on overseas flows to support its equity market, Barclays Global CEO C.S. Venkatakrishnan told CNBC-TV18.
Read more
Also Read: Persistent-Nagarro deal an example of India’s outbound M&A trend: Barclays CEO
SC presses Centre on uniform 16% markup for all drugs; questions hospital-mandated purchases
The Supreme Court on Tuesday, September 29, pressed the Centre on applying a uniform 16% markup across all medicines, including essential, non-essential, patented and generic drugs.
Read more
Also Read: SC agrees to hear next week plea raising doubts over decisions taken by ECI led by Gyanesh Kumar
That’s your Top 10@10 for today. Enjoy your weekend, we’ll see you on Wednesday with another roundup.
The equity benchmark indices ended in the red on Tuesday (September 29), but recovered sharply from the day's lows, with the Sensex falling 243 points to 72,529 and the Nifty declining 64 points to 22,716.
Read more
Also Read: Nifty at 20-year technical crossroads as 200-week moving average comes under pressure
Gold falls below ₹1.47 lakh per 10 grams on MCX: Key drivers
Gold prices remained under pressure on Tuesday, September 29, with the MCX October gold contract trading at ₹1.46 lakh per 10 grams, down 0.21%.
Read more
FIIs sell nearly ₹10,000 crore on Tuesday even as markets end sharply off lows
Foreign institutional investors (FIIs) stepped up selling in Indian equities on Tuesday, offloading shares worth ₹9,980.22 crore on a provisional basis, according to exchange data.
Read More
Stocks to watch and Nifty’s next move
Tata Steel, KPI Green Energy, Arisinfra Solutions and other stocks could be in focus on Wednesday following key company developments. Meanwhile, the Nifty’s slide to a six-month low and its eighth straight weekly decline has put the index at a crucial technical level, with analysts expecting consolidation ahead.
Stocks to watch for September 30: Tata Steel, KPI Green Energy, Arisinfra Solutions and more
From Tata Steel receiving a favourable ITAT order to KPI Green Energy securing a work order worth around ₹2,025 crore, here are the stocks to track ahead of Wednesday’s trading session.
Read more
Nifty Outlook for September 30: Index at 200-week moving average, what analysts expect next
Indian equities are expected to remain in a consolidation phase after the market slid to a six-month low, marking a 6.8% decline and its eighth consecutive weekly fall the longest losing streak since 2020.
Read more
Oil, Tata, Barclays & more
Crude prices remain above $106 as US-Iran tensions persist, while Tata Group stocks slide after the latest Tata Trusts proposal on Tata Sons. India-US trade talks move closer to a broad understanding, Trump announces a $15 billion Essar steel plant in Iowa, and Barclays CEO C.S. Venkatakrishnan weighs in on the prospects of foreign flows returning to India. The Supreme Court also examines a proposed uniform 16% markup on medicines.
Crude remains elevated as US and Iran reject, rebuke each other; Brent above $106
Crude oil prices increased for a second consecutive day as the absence of substantive progress in negotiations between the United States and Iran, combined with indicators of robust demand, offset the resumption of petroleum flows through a significant pipeline corridor originating from Saudi Arabia, the world's leading oil exporter.
Read more
Also Read: US forces exit Iraq after two decades, leaving opening for Iran
Tata Group stocks fall after latest proposal from Tata Trusts on Tata Sons listing
Shares of Tata Group companies, generally associated with the potential listing of Tata Sons, namely Tata Chemicals, Tata Motors PV, and Tata Investment Corporation traded with losses that ranged between 3% to 4% on Tuesday, September 29, after the latest proposal by the Tata Trusts with regards to the future of Tata Sons .
Read more
Also Read: Tata Sons outlook: Merger plan could change structure, but RBI decision remains crucial
India-US trade deal nearing broad understanding, tariff framework remains hurdle: Jaishankar
India and the United States have reached a broad understanding on a proposed trade agreement, but changes to Washington’s tariff framework remain an issue in concluding the pact, External Affairs Minister S Jaishankar said.
Read more
Trump announces $15 billion Essar steel plant in Iowa, production to begin by 2030
US President Donald Trump announced Essar Group’s plans to build a $15 billion steel plant in Iowa on Monday, September 28, calling it the largest steel plant in US history and crediting his administration’s tariff policies for driving investment in American manufacturing.
Read more
Will FPIs come back? Barclays CEO says global rotation could bring flows back to India
Foreign investment into India could return as global capital rotates back towards markets outside the US, but India should not rely on overseas flows to support its equity market, Barclays Global CEO C.S. Venkatakrishnan told CNBC-TV18.
Read more
Also Read: Persistent-Nagarro deal an example of India’s outbound M&A trend: Barclays CEO
SC presses Centre on uniform 16% markup for all drugs; questions hospital-mandated purchases
The Supreme Court on Tuesday, September 29, pressed the Centre on applying a uniform 16% markup across all medicines, including essential, non-essential, patented and generic drugs.
Read more
Also Read: SC agrees to hear next week plea raising doubts over decisions taken by ECI led by Gyanesh Kumar
That’s your Top 10@10 for today. Enjoy your weekend, we’ll see you on Wednesday with another roundup.
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