Nikita Prasad

According to Morgan Stanley, Indian energy players are adopting a permanently agile posture. Active energy trading has evolved from an occasional treasury function into a structural necessity, serving as the standard mechanism to manage input price shocks and seize real-time spread opportunities.

Arete 22 IPO: The issue is a 100% book-built, pure fresh issue of equity shares worth Rs 440 crore with a face value of Rs 10 each, with no offer-for-sale component from existing shareholders or promoters.

The Nifty 50 fell 0.33% to 23,064.9, while the BSE Sensex shed 0.22% to 73,734.83. Fourteen of the 16 major sectors logged losses. The broader small-caps and mid-caps fell 0.2% each. Barring TCS and Tech Mahindra, all shares were trading in the negative zone in the 30-share BSE index.

In its assessment, JP Morgan outlined a clear pecking order among listed insurers, placing SBI Life at the top of its preference list, followed by HDFC Life, Max Financial Services, ICICI Lombard, ICICI Prudential Life, and Life Insurance Corporation of India.

Stock Market Today Highlights: All the sectoral indices ended in the red, with the Nifty PSU Bank dropping the most over 3%, followed by Nifty Realty, Nifty Auto, Nifty Metals and Nifty FMCG falling more than 1% each.

Stock Market Crash: The NSE benchmark fell to its lowest level in 117 sessions and traded at levels last seen on April 7, 2026. Sensex hit its lowest level in 73 sessions, falling to levels last seen on June 11, 2026 amid weak global cues.

Banks and insurers led losses after the country's insurance regulator (IRDAI) proposed overhauling commission rules to cap payouts, link them to product complexity and spread life insurers' commissions beyond a policy's first year.

Brokerage assessments from Jefferies, Macquarie, Bernstein, and HSBC indicate the proposed measures will deliver a significant near-term hit to distributor unit economics — most notably for PB Fintech (Policybazaar) —while leaving low-cost, agency-backed underwriters like Life Insurance Corporation of India (LIC) and SBI Life relatively insulated.

A-One Steels India IPO Day 1: The mainboard issue comprises a fresh issue of equity shares worth Rs 355 crore and an offer for sale (OFS) of shares aggregating up to Rs 50 crore by promoters.

The paint sector's performance in the second half of the fiscal year will hinge on the execution of October festive campaigns and the ongoing margin impact of aggressive dealer rebates, according to global brokerage Morgan Stanley.

Jindal Supreme shares were listed at Rs 120 apiece on stock exchange NSE. This reflects a premium of 29.3% over the IPO's upper price band of Rs 93 per share.

Market analysts recommend buying RBL Bank, Medi Assist Healthcare, Milky Mist Dairy Food, Saregama India, and Cemindia Projects citing technical setups and upside potential with defined stop-loss levels.

Rushabh Sheth gave a candid assessment of the domestic landscape, warning that India has largely "missed the bus on AI" while highlighting where institutional capital can still uncover durable opportunities.

Shares of HDFC Bank opened at Rs 738.85 against a previous close of Rs 739.50 and rose to hit an intraday high of Rs 748.80 apiece on the NSE. This came after it was reported that ICICI Bank veteran has joined the race to be the next MD & CEO.

Anup Bagchi, a seasoned ICICI Group veteran, has emerged as the leading contender to take the helm at HDFC Bank as its next Managing Director and Chief Executive Officer, sources told NDTV Profit.

Seth Freeman told NDTV Profit that while elevated interest rates are creating compelling opportunities in fixed-income markets, industries worldwide remain vulnerable to renewed supply and cost shocks.

Among the top sector bets, IHCL and Schloss Bangalore (The Leela) remain preferred picks by Jefferies. The brokerage upgraded IHCL to 'overweight' on three growth levers and raised the target price, implying a 19% upside.

Stock Market Today: The trends on Gift Nifty also signal a negative start for the Indian benchmark indices, Nifty 50 and Sensex, today. The Gift Nifty was trading around 23,338.5 level, a discount of nearly 40 points from the Nifty futures' previous close.

Terming the claims "patently false and misleading," the finance ministry's department issued a point-by-point clarification addressing speculative reports citing the 2026 USTR report. DFS said MDR will enable more domestic companies to operate under UPI.

According to Bansal, Lenskart's primary market opportunity extends well beyond current eyewear consumers to an estimated 700 million to 800 million individuals who require corrective lenses but remain undiagnosed or underserved.