RUPIE TIMES
PRE-MARKET SNAPSHOT
VOICE OF THE MARKET
NO NOISE, ONLY WISDOM
Market at a Glance
Gift Nifty
Trading around 23,337.50.
Gift Nifty indicates a cautious or potentially negative opening for Nifty 50.
Nifty Futures
23,380.00, up 0.20%.
Trading at a premium of nearly 34 points.
Nifty 50
Rose 0.33%.
BSE Sensex
Fell 0.03%.
Global Futures
S&P 500 futures: Up 0.17%.
Euro Stoxx 50 futures: Down 1.37%.
US Market Wrap
US Equities
The S&P 500 gained 0.2%, the Nasdaq 100 rose 0.7%, while the Dow Jones declined 0.2%. Chip stocks supported the broader market.
Bond Yields and Inflation
The US 10-year Treasury yield touched 5% as investors worried that high oil prices could increase inflation and lead to further Federal Reserve rate hikes.
Bitcoin
Bitcoin crossed the $81,000 level.
Asian Market Wrap
Asian Equities
Asian markets rose after the US described trade discussions with China as very successful. Technology shares led gains, particularly in South Korea and Taiwan.
Currency Market
The yen firmed slightly to around 156.60 per dollar after falling more than 2% last week.
Market Mood
Lower energy prices helped reduce inflation worries and supported Treasury futures.
Commodity Check
Gold
Gold remained steady near $4,378.10 an ounce as traders assessed inflation and interest-rate risks.
Silver
Silver rose 0.8% to $66.79.
Crude Oil
Oil fell for the fourth straight day.
Brent crude moved towards $101 a barrel, while WTI traded below $98.
Stock-Wise News
Jaiprakash Power Ventures
Agreed with NARCL to settle insolvency-related claims for ₹511 crore. The insolvency proceedings are expected to be withdrawn after payment.
Lemon Tree Hotels
Subsidiary Fleur Hotels acquired a land parcel in Mumbai and incorporated a wholly owned subsidiary in the Maldives.
Apollo Pipes
Subsidiary Apollo Ceramics acquired a 76% stake in Mazzini Tiles for ₹40.4 crore and entered the ceramic tiles business.
Himadri Speciality Chemical
The board will consider a scheme for demerging Dalmia Bharat Refractories’ tyre business into Himadri Speciality Chemical.
Adani Power
Denied reports that it plans to increase its stake in Jaiprakash Power to 51%.
Federal Bank
Established a $500 million Medium-Term Note Programme.
Canara Bank
Raised ₹2,042 crore through Tier-I bonds.
NTPC Green Energy
The third phase of its Kutch renewable project started commercial operations. Group installed capacity will rise to more than 10,900 MW.
NTPC
Commissioned the third phase of its 68.2 MW Dahod solar PV project in Gujarat.
Seamec
The vessel “SEAMEC AGASTYA” returned to the field and was hired from September 19, 2026.
Concord Biotech
The board will consider a bonus issue on Wednesday.
Kalyan Jewellers
Invested ₹350 crore in subsidiary Candere Lifestyle Jewellery through a rights issue.
Orient Cement
CFO Kajal Saxena resigned with immediate effect to pursue career opportunities outside the company.
CRISIL
Reaffirmed its ‘A’ long-term rating but changed the outlook to Negative from Stable.
Unichem Laboratories
Received a tax demand of ₹87 crore, along with an interest liability of ₹6.6 crore.
Puravankara
Launched Phase VI of the Provident Equinox residential project in Bengaluru.
Electrosteel Castings
Acquired a 70% stake in Oman-based Arabian Water Tech for OMR 21,000.
Avenue Supermarts
Opened new stores in Madhya Pradesh and Punjab. Total store count now stands at 512.
Godrej Properties
Developed a 24-metre-wide government road connecting Godrej Aristocrat in Gurugram.
Embassy Developments
Approved raising up to ₹160 crore through non-convertible debentures.
Refex Industries
Received a ₹160 crore order from a Madhya Pradesh PSU for lifting pond ash and fly ash.
JSW Energy
APTEL allowed the company’s Interest During Construction claim, overturning the earlier CERC decision.
Gopal Snacks
Chairman and Managing Director Bipinbhai Vithalbhai Hadvani was reappointed for five years. CRISIL retained its ‘A’ rating but revised the outlook to Negative.
RVNL
Secured a ₹404 crore order from East Coast Railway for work on the Bhadrak–Vizianagaram section.
Karur Vysya Bank
Raised its Marginal Cost of Funds-based Lending Rate by 5 basis points across all tenors.
Coforge
Launched an AI implementation methodology and expanded AI solutions for automotive lenders, fleet operators and vehicle remarketing companies.
Utkarsh Small Finance Bank
Appointed Manmohan Shetty as Chief Financial Officer. He has earlier worked with Lehman Brothers, Barclays and Viksit Capital.
Anupam Rasayan
Plans to raise ₹160 crore from Aditya Birla Capital through debentures.
Knowledge Marine & Engineering Works
Received a ₹279 crore order from Mumbai Port Authority for a battery-operated electric green tug.
Welspun Enterprises
Received project awards worth ₹351.2 crore for two sewer rehabilitation projects in Ahmedabad.
SAIL
Reported FY27 production of 4.757 million tonnes of crude steel, 5.051 million tonnes of hot metal and 4.516 million tonnes of saleable steel.
Persistent Systems
The minimum acceptance threshold for the Nagarro acquisition was met. The company will seek approval for an equity raise of up to $450 million.
Advait Energy Transitions
Signed a supply agreement with Hithium for lithium iron phosphate cells, supporting potential offtake of up to 1 GWh over the next year.
Stallion India Fluorochemicals
Entered the semiconductor and specialty gases segment and started commercial operations at its Khalapur facility.
ICICI Prudential Life Insurance
The board approved changing the company’s name to ICICI Life Insurance.
Spectrum Electrical Industries
Approved investment of up to ₹287 crore in money market instruments using unused preferential issue proceeds.
India Pesticides
Received international approvals for insecticide and herbicide products, including technical equivalence approval in the UK and registration in Argentina.
VIP Industries
Plans to raise ₹500 crore during FY27 through equity, debt and other instruments.
L&T Finance
Allotted ₹650 crore worth of non-convertible debentures through private placement.
Mazagon Dock
Signed an MoU to participate as an anchor shipyard in Andhra Pradesh’s National Shipbuilding and Heavy Industries Park.
HEG Advanced
Subsidiary Replus Engitech received ₹218 crore orders from Indus Towers for lithium-ion battery banks.
GR Infra
Selected to build the Agra–Gwalior road project with a cost of ₹4,263 crore.
Tega Industries
Received a ₹126 crore order from Kalpataru Projects International for equipment design, engineering and supply.
Shilpa Medicare
A US FDA inspection at its Hyderabad unit ended with one observation.
Manipal Health Enterprises
Its subsidiary Manipal Hospitals redeemed ₹5,310 crore worth of NCDs using IPO proceeds.
Tata Steel
The court ruled that ₹2,970 crore held by JPC cannot be used or distributed to third parties.
Bulk and Block Deals
- Bombay Burmah Trading: 18.34 lakh shares exchanged at ₹1,360 per share.
- Lords Mark Industries: Large promoter sale and institutional purchases near ₹84 per share.
- Aarti Pharmalabs: Jasmine Family Trust sold 6.27 lakh shares at ₹820.02.
- Avalon Technologies: Vanguard funds bought approximately 7 lakh shares at ₹2,527.69.
- Entero Healthcare Solutions: HDFC Mutual Fund bought 13.90 lakh shares at ₹1,695.
- Pine Labs: Vanguard funds bought more than 1.67 crore shares at ₹191.85.
- Welspun Enterprises: Authum Investment sold 7.34 lakh shares at ₹780.03.
- Tata Motors Commercial Vehicles: 7.06 lakh shares exchanged at ₹438.
IPO, Results and Corporate Actions
F&O Cues
- Nifty September futures: 23,380.00, up 0.20%, at a premium of 34 points.
- Maximum Call open interest for the September 22 expiry: 24,000.
- Maximum Put open interest for the September 22 expiry: 23,300.
- Securities in the ban period: Bandhan Bank, Inox Wind, Manappuram Finance and SAIL.
Insider and Surveillance Updates
- Promoter selling reported in Ion Exchange India, MTAR Technologies and GNG Electronics.
- Promoter buying reported in La Opala RG.
- Tata Chemicals added to the Short-Term ASM Framework.
- Dolphin Offshore Enterprises and Max Estates excluded from the ASM Framework.
- HLE Glascoat price band changed from 10% to 5%.
- Sakar Healthcare price band changed from 10% to 20%.
