At 6:38 AM, GIFT Nifty Futures were trading 114 points lower at 24,871, indicating a potential gap-down opening for Indian markets.

Stock Market, Market, Crash, Lost, decline, statistic, Crisis, Capital, BSE, NSE

The Nifty Finance Index has experienced a sharp correction over the past seven days, bringing it close to critical support levels at 23,000 and 22,500

share market

Stocks to Watch: Morepen Laboratories plans to separate its medical devices business.

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Stock Market Today: GIFT Nifty futures, trading around 100 points behind Nifty futures' last close, indicated a lower open for Indian markets, amid weak global sentiment.

Dalal Street, Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Low costs, higher margins may drive sequential pickup in profit growth

NIFTY

FPIs' equity holdings currently account for 16.4 per cent of India's total market capitalisation, down from 20.1 per cent in December 2020

FPI, Foreign portfolio investment

Gauges tracking the nation's equities may rise another 15 per cent-20 per cent if authorities deliver on policy measures, strategists including Tim Moe wrote in a note dated Oct. 5

china Flag, China

Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5%

Titan

Average AUM rises 12.3 per cent sequentially to Rs 66.2 trillion

Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period — the highest quarterly jump in MF assets in at least five years.

Average AUM in Q2FY25 rises 12.3% sequentially to Rs 66.2 trillion

Hero Motors Ltd, the auto-components firm of the Hero Motors Company (HMC) Group, has withdrawn its documents for an initial public offering (IPO) worth Rs 900 crore, an update with markets regulator Sebi showed on Monday.
In its draft papers, the company had proposed to raise Rs 500 crore through a fresh issuance of equity shares and an offer for sale (OFS) of shares valued at Rs 400 crore by promoters.
Under the OFS, O P Munjal Holdings was offloading shares valued at Rs 250 crore while Bhagyoday Investments and Hero Cycles were selling shares to the tune of Rs 75 crore each.
It had filed its draft red herring prospectus (DRHP) in August with Sebi to seek the regulator's nod to float IPO.
Without disclosing the reason, the company said its "DRHP (was) withdrawn on  October 5, 2024".
Going by the draft papers, proceeds from the fresh issue was proposed to be used for debt payment and purchase of equipment required for expansion in the capacity of the company's facility in Gautam

Hero Motocorp

In its draft papers, the company had proposed to raise Rs 500 crore through a fresh issuance of equity shares and an offer for sale (OFS) of shares valued at Rs 400 crore by promoters

Markets regulator Sebi on Monday extended the timeline to January 2025 for social enterprises, which have registered or mobilised funds through social stock exchange, to submit annual disclosures and 'annual impact report' for the financial year 2023-24.
Social enterprises were required to make annual disclosures and submit 'annual impact report' to the Social Stock Exchange (SSE) by October 31, 2024.
"The outer timeline for annual disclosures under Regulation 91C(1) and annual impact report under Regulation 91E(1) of LODR (Listing Obligations and Disclosure Requirements) Regulations by Social Enterprises on Social Stock Exchange, for FY 2023-24 has been extended up to January 31, 2025," Sebi said in a circular.
The annual report involves details of general, governance and finance aspects and annual impact report to SSE captures the qualitative and quantitative aspects of the social impact generated by the social enterprise.
In case a Not-for-Profit Organisation is only registered

SEBI

Social enterprises were required to make annual disclosures and submit 'annual impact report' to the Social Stock Exchange (SSE) by October 31, 2024

The fund will invest only in companies listed in India for now but has the mandate to invest in overseas stocks

Kotak Mutual Fund

Integrated diagnostic chain Suraksha Diagnostic Ltd has received Sebi's go ahead to raise funds through an initial public offering (IPO), an update with the markets regulator showed on Monday.
The Kolkata-headquartered company's proposed IPO consists of an Offer-for-Sale (OFS) of up to 1.92 crore equity shares by promoters and investor shareholders, with no fresh issue component, according to the Draft Red Herring Prospectus (DRHP).
Under the OFS, promoters -- Somnath Chatterjee, Ritu Mittal, Satish Kumar Verma and investors -- OrbiMed Asia II Mauritius Ltd, Munna Lal Kejriwal and Santosh Kumar Kejriwal will offload shares.
The company, which had filed preliminary IPO papers in July, obtained the regulator's observation on September 30, the update showed.
In Sebi's parlance, obtaining its observations means the regulator's go ahead to float the public issue.
As per the draft papers, the company will not receive any proceeds and all the funds will go to the selling shareholders as 

As per the draft papers, the company will not receive any proceeds and all the funds will go to the selling shareholders as the issue is completely an OFS.

The Securities Appellate Tribunal (SAT) has stayed a Sebi order that barred realty firm Omaxe, its Chairman Rohtas Goel, Managing Director Mohit Goel and others from the securities market for two years for misrepresentation in the company's financial statements.
The latest order came after Omaxe and others challenged the order passed by the Securities and Exchange Board of India (Sebi) on July 30.
In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks".
Paragraphs No 41(1) and (2) pertain to securities market ban and prohibition from holding any position as key managerial personnel of any other listed company imposed on individuals by Sebi.
Sebi, in its ruling, restrained Omaxe, Rohtas Goel, Mohit Goel and three others -- Sudhangshu S Biswal, Arun Kumar Pandey, and Vimal Gupta -- from the securities markets for two years.
Additionally, these fiv

In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks"

Share Market Today: Stay updated with the Latest Share Market News, Share Market Live Updates, Sensex Today, Nifty Live, IPO News, Mutual Funds, and Commodity Market insights on Business Standard.

Share Market Today | Latest Share Market News and Sensex Today Updates

Stay Updated with Latest Share Market News, Share Market Live Updates, Sensex Today, Nifty Live, IPO News, BSE/NSE News, Mutual Funds and Commodity Market News Updates on Business Standard.

Share Market Today

Market News

More on Markets