GAGA Share Market News

[hfe_template id='11223'] [ad_1] Following all regulatory approvals, the much-awaited demerger of Tata Motors' passenger vehicle (PV) and commercial vehicle (CV) businesses comes into effect from October 1. The JLR-maker has told analysts that the record date for demerger would tentatively be in mid-October, followed by the listing of both businesses by November. Last week, the National Company Law Tribunal (NCLT) had cleared the composite scheme of arrangement under which Tata Motors' CV business will be spun off into TML Commercial Vehicles Ltd (TMLCV) while the PV business will be consolidated under Tata Motors, which will be renamed Tata Motors Passenger Vehicles Ltd. Under the demerger, shareholders will get one share of TMLCV for every share held in Tata Motors. The scheme also provides for the transfer of non-convertible debentures worth Rs 2,300 crore to the CV entity. Tata Motors said the move will unlock value and give both businesses a sharper strategi...

[hfe_template id='11223'] [ad_1] Shares of Hindustan Zinc (HZ) could likely benefit from Silver’s remarkable rally and is emerging as one of the biggest beneficiaries as prices of the precious metal continue to surge, up 63% so far this year to $47 per ounce — sharply higher than $34/oz in Q1FY26 and $30/oz in FY25, Emkay Global said in a note dated September 29. Analysts believe the market is yet to fully price in the company’s exposure to silver, even as global peers such as Fresnillo and Grupo Mexico have already re-rated in 2025. With consensus expectations still trailing the rally, they see significant room for Hindustan Zinc’s valuation to catch up — a rating that would directly benefit parent Vedanta Ltd (VEDL), where the company accounts for 40% of consolidated EBITDA. Also read: Nifty gets fresh look with 2 new stocks; Hero MotoCorp, IndusInd Bank drop out“Interestingly, silver is a by-product of zinc, which implies that 88% of silver revenue is a direct pass-th...

[hfe_template id='11223'] [ad_1] Shares of Seshaasai Technologies, a technology-driven multi-location solutions provider to the BFSI industry, tumbled nearly 7% from their listing price on Tuesday, post-debut, erasing early gains and raising questions for investors. The stock listed at Rs 436 on the BSE, a modest 3.07% premium over its IPO price of Rs 423, and at Rs 432 on the NSE, a 2.13% premium. However, the euphoria was short-lived as the stock slipped to an intraday low of Rs 405.80 on the BSE, marking a 6.9% fall from the listing level. The sharp reversal, despite the IPO’s strong subscription numbers, has left investors assessing whether this correction presents a buying opportunity. In such a case, should investors now buy this dip? According to Prashanth Tapse, Senior VP (Research), Mehta Equities, the muted listing of Seshaasai Technologies came as a surprise given its strong fundamentals, reasonable valuations, and robust demand, with the IPO being subscribed ...

[hfe_template id='11223'] [ad_1] Shares of Anand Rathi Share and Stock Brokers surged 11% to hit the day’s high of Rs 459 on the NSE, after debuting at Rs 431 — a 4.35% premium to its issue price of Rs 414 per share earlier in the day. The listing was marginally below the grey market price. Shares of the company were seen trading at a grey market premium (GMP) of around 7%, indicating that investors were expecting a modest upside over the issue price. What should investors do? “Backed by the strong Anand Rathi Group brand, the company stands out with one of the highest ARPC or average revenue per client in the industry. “Supported by rising retail investor participation, its diversified business model, and robust client franchise, the company is well-positioned for sustained growth,” SBI Securities said in a note. Before the issue opened, the brokerage had recommended that investors subscribe to the issue for the long term.The company had an active client base of 2,21,51...

[hfe_template id='11223'] [ad_1] India's National Stock Exchange will offer a daily expiry on GIFT Nifty contracts to foreign investors via a tax-neutral jurisdiction as it seeks to attract more global funds, diverging from domestic markets' tighter equity derivatives rules. GIFT Nifty is a dollar-denominated derivative contract of the Nifty 50 traded on NSE subsidiary, the NSE International Exchange (NSE IX) in Gujarat International Finance Tech (GIFT) City. In August, the contract crossed $100 billion in terms of monthly turnover. Zero-day-to-expiry contracts will be introduced with effect from October 13, the NSE said in a notice late on Monday. There will be five weekly expiries from Monday to Friday, expiring on a daily basis, NSE said. Resident Indians are not allowed to trade in these contracts. India has been pitching the tax-neutral financial centre in Indian Prime Minister Narendra Modi's home state of Gujarat as an alternative to centres such as...

[hfe_template id='11223'] [ad_1] Shares of Tata Investment Corporation surged as much as 17.5% to a new all-time high of Rs 10,391 on the NSE on Tuesday, September 30, as the deadline for Tata Sons to become a publicly listed entity ends today. Tata Sons is the holding company of India’s largest conglomerate. The surge comes amid heightened anticipation around a potential listing. Under RBI rules, non-banking finance companies (NBFCs) classified as “upper layer” must list within three years of notification. September 30 marks the end of that window. A listing could unlock value for Tata Investment and bolster its balance sheet, although the company owns just 0.1% in Tata Sons. The issue has sparked a rare standoff between the central bank and the group. In 2024, Tata Sons wrote to the RBI seeking NBFC registration to avoid mandatory listing. In its last communication in January 2025, the RBI said the application was “under consideration” and that Tata Sons’ inclusion on ...

[hfe_template id='11223'] [ad_1] Benchmark indices Nifty and Sensex were off to a start in the green on Tuesday, September 30, led by gains in metal, pharma, and IT stocks. On the contrary, realty stocks witnessed selling pressure in opening trade. Attention now shifts to the RBI MPC meeting as investors await the outcome scheduled for tomorrow, October 1. The S&P BSE Sensex gained 178 points or 0.2%, to open at 80,542, while the NSE Nifty 50 was up 57 points, or 0.2%, opening at 24,692. On the 30-stock Sensex, shares of Power Grid, Asian Paints, Titan Company, UltraTech Cement, and HDFC Bank led the gains, rallying up to 2% in the opening trade. On the flipside, Reliance Industries, ITC, Eternal, Trent, and L&T declined up to 0.3%. Sectorally, the Nifty PSU Bank index led the surge, up over 1% led by Canara Bank, Bank of Baroda, and PNB. Metal stocks also powered ahead, up for a second session in a row after a sharp surge in Vedanta, Hindalco, and JSW Steel. The...

[hfe_template id='11223'] [ad_1] Shares of Anand Rathi Share and Stock Brokers listed with a modest premium on the exchanges on Tuesday. The stock listed at Rs 432.1 apiece on the BSE, a 4.37% premium from the IPO price of Rs 414. On the NSE, shares of Anand Rathi Share and Stock Brokers debuted at Rs 432, marking a 4.35% premium over the issue price. The listing was marginally lower than unlisted market expectations. Shares of the company were seen trading at a grey market premium (GMP) of around 7%, indicating that investors were expecting a modest upside over the issue price. The Rs 745 crore IPO, which was entirely a fresh issue of 1.80 crore shares, was subscribed 21.83 times overall by the close of bidding on September 25. Institutional investors drove demand with the Qualified Institutional Buyers (QIB) portion seeing 46.25 times subscription, while the Non-Institutional Investor (NII) category drew 30.16 times bids. Retail investors showed relatively lower enthus...

[hfe_template id='11223'] [ad_1] Shares of Solarworld Energy Solutions debuted on the exchanges on Tuesday at a premium of around 10.8%. After concluding one of the most closely watched IPOs in the renewable energy sector this year, the shares listed at Rs 389 on the BSE (10.83% premium) and Rs 388.50 on the NSE (10.70% premium), against the issue price of Rs 351 per share. The Rs 490 crore issue received strong demand across investor categories, though a grey market premium (GMP) of just 9% indicates modest listing-day gains despite robust subscription numbers. Priced at Rs 351 per share, the book-built IPO comprised a fresh issue of Rs 440 crore and an offer for sale (OFS) of Rs 50 crore. Ahead of the IPO, Solarworld raised Rs 220 crore from anchor investors, attracting participation from both domestic and global funds. Heavy Oversubscription, Broad-Based Demand The IPO was subscribed 68.49 times overall, led by qualified institutional buyers (QIBs) at 74.24 times. Non...

[hfe_template id='11223'] [ad_1] Pace Digitek, a company offering integrated telecom and energy solutions, has entered the second day of its IPO bidding. On Day 1, the issue was subscribed 16%. In the grey market, the IPO is currently trading at a 5.5% premium over the issue price of Rs 219, a significant drop from the earlier 14% premium. The IPO will remain open for subscription until September 30, covering a total of three days. Allotment is expected on October 1, with shares scheduled to begin trading on October 6. The company seeks to raise Rs 819 crore through a fresh issue of up to 3.94 crore equity shares. Pace Digitek IPO GMP Today In the grey market, Pace Digitek shares are trading at a premium of Rs 12, roughly 5.5% above the upper price band. This implies a possible listing price near Rs 231.GMP Note: The grey market premium is an unofficial and informal gauge of expected listing performance. It is unregulated and should not be the sole basis for investment d...

[hfe_template id='11223'] [ad_1] Shares of FMCG bellwether Hindustan Unilever declined as much as 3% to their day's low of Rs 2,443 on the NSE on Monday after the company said it expects the consolidated business growth to be near flat to low single-digit for the quarter ending September 30, 2025. This comes after the government slashed GST rates on a host of products, including FMCG. The FMCG major attributed this update to the transitory impact due to the trade and channel disruption on account of the GST rate rationalisation, announced earlier this month and effective September 22. “While this measure supports long-term consumption, we have seen a transitory impact in the form of disruption at distributors and retailers across channels to clear existing inventories with old prices. This has resulted in the postponement of ordering in anticipation of receiving new stocks with updated prices and lower orders across the overall portfolio, as consumers delayed their p...

[hfe_template id='11223'] [ad_1] In a year that’s been packed with twists across asset classes, silver has quietly outpaced its more glamorous counterpart, gold, emerging as the top-performing precious metal of 2025 so far. As of now, silver has delivered a stunning 53% return year-to-date (YTD), while gold has clocked in with gains of 49%. This divergence has not only surprised investors but has also shifted the spotlight squarely onto silver. Its impressive rally today took it to an all-time high of Rs 1,44,179/kg on the MCX, reinforcing its bullish momentum. What’s driving silver’s surge? Silver’s rally is being driven by a mix of macroeconomic and industrial tailwinds.Silver is benefiting from a trifecta of factors—safe-haven buying, industrial demand, and a weakening dollar. The demand from green energy applications, especially solar and EVs, continues to lend long-term strength to the metal. Live Events Silver is often called poor man's gold, but in terms of re...

[hfe_template id='11223'] [ad_1] Over the past year, Indian equities have struggled to keep pace with global peers. While global indices have delivered returns of nearly 20%, Indian markets have been flat to marginally negative—down about 4–7% in INR terms or as much as 10–12% in dollar terms. This has created a relative underperformance of nearly 20–30% over a one-year period—an outcome that is both unusual and, in many respects, overdone. ETMarkets.com For long-term investors accustomed to India’s reputation as a structural growth story, this divergence has raised questions about what went wrong and whether conditions are improving.The underperformance can be traced to a mix of internal and external factors. Earnings growth has been persistently weaker than expected, valuations were stretched to unsustainable levels, foreign institutional investors (FIIs) have cut their holdings sharply, and external pressures such as tariffs and visa restrictions have weighed on senti...

[hfe_template id='11223'] [ad_1] The Indian equity market lost momentum last week, snapping a three-week winning streak, as the Nifty50 slipped 2.6%, closing below the psychological 25,000 mark. The decline reflected the confluence of global trade tensions, domestic headwinds, and sustained foreign outflows, which weighed on investor sentiment. Global concerns dominate The week was overshadowed by renewed global trade frictions, dampening the risk appetite of equity investors worldwide. Adding to the unease were reports of potential changes in H-1B visa regulations in the US—an issue that could materially impact India’s IT services sector, which accounts for a significant share of export revenues. With global uncertainties already high, such concerns intensified the selloff in IT-heavy indices. Foreign outflows continue Institutional flows remained a sore point. Foreign institutional investors (FIIs) offloaded more than Rs 5,500 crore worth of equities during the week. O...

[hfe_template id='11223'] [ad_1] After a year where gold and silver dazzled investors, Axis MF’s Equity Head Shreyash Devalkar believes 2026 could mark a turning point. With earnings recovery, sectoral rotation and supportive macros lining up, he argues Nifty may finally outshine precious metals, setting the stage for a classic mean reversion trade. Edited excerpts from a chat: Following a year of underperformance, how comfortable are you with valuations in the Indian equity market now? Over the past year, equity markets experienced a sharp correction followed by a rebound. At their peak, indices were driven by euphoric sentiment and aggressive buying from both FIIs and DIIs, resulting in elevated valuations. The subsequent decline helped moderate these valuations, particularly in the large-cap space, where growth has now slowed and valuations appear more reasonable. In contrast, segments such as defence, power capex, tourism, and electronics manufacturing services (EMS)...

[hfe_template id='11223'] [ad_1] Synopsis Consider this. A company has implemented a restructuring plan and the numbers are showing a positive impact. So, should a decline in the stock price in a volatile phase be taken as an opportunity? The answer is yes, but with some caveats. First, don't just jump in and buy. Identify the stock, decide on your total exposure, and buy when a panic phase drives the price down. Also, don’t use money you may need in the near term. Why? Because (though the probability of it happening is low) if a time-wise correction is sparked for any global or domestic reason, then all stocks will underperform. When markets are up and down and bears are all around, there are a couple of ways of dealing with the volatility. One is to just sit it out and wait for things to improve. The problem with this approach is that by the time one figures out that things have improved, stock prices would have already moved up. The other way to deal with volatili...