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Stocks in Focus as NSE Lists, Deals and Results Unfold

Stocks in Focus as NSE Lists, Deals and Results Unfold
GIFT Nifty down 190 pts; NSE, Sedemac, Nephrocare, Ola Electric, telcos among top stocks in focus · businesstoday.in

The stock market may start weak because GIFT Nifty was down 190 points.

The National Stock Exchange of India is expected to begin trading as a listed company on September 24.

Some investors may sell large blocks of shares in Sedemac Mechatronics and Nephrocare Health Services.

Insurance companies are being watched because regulators want to change how distribution costs and commissions work.

Telecom companies may offer cheaper plans with only voice calls and text messages.

Ola Electric Mobility is considering raising money from its existing shareholders.

Bharat Dynamics won a defence supply contract, while Exide Energy Solutions started the first phase of a battery-cell factory.

Several other companies are announcing quarterly results or reporting business, management and investment updates.

Key facts

GIFT Nifty
Down 190 points.
NSE IPO
Raised Rs 22,562 crore at Rs 1,785 per share; the issue was subscribed 5.71 times.
Sedemac block deal
Up to 44.3 lakh shares, or 10% of the company, may be sold at a floor price of Rs 3,000 per share.
Nephrocare block deal
Existing investors may offer up to 8.9% of equity for Rs 650 crore at Rs 705 per share.
Ola Electric
Its board will consider a proposed equity rights issue on September 28, 2026.
Bharat Dynamics
Signed an Rs 810.79 crore contract with the Ministry of Defence for satellite smart anti-airfield weapons and related equipment.
Exide Energy Solutions
Completed Phase-I commissioning of a 6 GWh lithium-ion cell facility in Devanahalli, Bengaluru.

Sources

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