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Shares of Indian Overseas Bank, Punjab & Sind Bank, UCO Bank, and Central Bank of India are in focus as they plan to raise capital this year to meet SEBI’s minimum public shareholding norms, with government stakes in these banks near or above 90%. here

Macquarie believes banks and retail NBFCs are likely to face sustained high credit costs, with HDFC Bank and ICICI Bank expected to outperform.

Nomura initiated coverage on Prestige Estates with a ‘Buy’ rating and a ₹1,900 price target, suggesting a potential 17% upside from current levels after the stock gained nearly 40% in six months. here

The US dollar neared a three-year low as the Bloomberg Dollar Spot Index fell 0.1% ahead of the Federal Reserve’s rate decision, with the euro and yen gaining against the greenback amid expectations of upcoming rate cuts. here

UBS On Suzlon

Jefferies On HDFC Bank

MS On AB Fashion & Retail

Motilal Oswal has nearly exited its holding in auto components maker Carraro India via block deals, selling 10 lakh shares at ₹449 each to Bajaj Allianz Life Insurance. here

Vikash Jain – CLSA

SEBI has extended its settlement scheme for brokers linked to unregulated algo trading platforms until October 16, 2025, citing strong interest from entities. The scheme was initially set to close on September 16. here

MS on Telecom

Soybean Processors Association of India (SOPA) warned that India may face pressure to import US soybeans diverted from China, which could severely impact 12 million hectares of domestic cultivation and affect up to 7 million farmers, endangering a $6–8 billion industry. here

Blue Dart Aviation, a subsidiary of Blue Dart Express, has received a GST demand notice of over ₹420 crore from the Chennai South Commissioner for alleged tax dues and input credit violations for April 2021–March 2023. here

CLSA on Cement

Allied Digital Services

– Biggest single-day gain since October 2024

– Tuesday’s volumes the highest since September 2024

– 1.3 crore shares changed hands Vs 20-day average of 1.65 lakh

– 14 lakh shares marked for delivery Vs 20-day average of 80,000

– Tuesday’s turnover of ₹250 crore over 25% of market cap

– Stock still (RD) 21% YTD and (RD) 40% from 52-week high

Gold maintained its most recent gains, which saw it break beyond $3,700 an ounce for the first time due to traders’ wagers that the Federal Reserve would lower interest rates at its meeting on Wednesday.

Less than $10 separated bullion from Tuesday’s new high of $3,703.07 an ounce. A weaker US dollar has also helped it, since one indicator is currently trading at levels last observed in March 2022. For other currency holders, gold is less expensive as the US dollar declines.

Bharat Electronics Ltd (BEL) has received fresh orders worth ₹712 crore across areas including IT infrastructure, cyber security, electronic systems, blockchain platforms, and communication equipment. here

here

Jefferies’ Mahesh Nandurkar said resolving the India-US trade impasse could act as a key near-term trigger for Indian equities, which have underperformed regional peers. He noted that 67% of emerging market funds are underweight on India, but improved trade relations could drive a market spike. here

Coal India has been named the preferred bidder for the Ontillu-Chandragiri rare earth exploration block in Andhra Pradesh, covering 209.6 sq. km., and will receive an exploration licence under the Mines and Minerals Act. here

TRADE SET UP

GIFT Nifty is higher, indicating a start in the green for the Indian market.

P&G Health CFO Lokesh Chandak will step down on September 30 to take up a new finance leadership role within P&G. Shashank Srowthy has been appointed as the new CFO and executive director, effective October 1. hereNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.