Market Live Updates: Nifty, Sensex recover from day’s low; IT stocks rally – Moneycontrol

#CNBCTV18Exclusive | #CCI begins investigation into allegations of cartelisation by #steel companies based on a plea filed in Madras High Court, sources to @TimsyJaipuria #MadrasHC #TataSteel #JSWSteel pic.twitter.com/S7031VTeut

— CNBC-TV18 (@CNBCTV18Live) September 9, 2022

Emkay Investment Managers, the asset management arm of Emkay Global Financial Services, has announced the launch of Emkay Emerging Stars Series V

The fund will open for investment from September 9, 2022. The latest series of EIML’s AIF will invest in quality names within the manufacturing sector. The fund will aim to invest in four key themes of the manufacturing sector – Beneficiaries of domestic consumption, beneficiaries of export opportunities, the enablers of import indigenization, and the enablers of manufacturing growth.

NDTV hits 5% lower circuit for 4th session. Adani Group has set Oct 17 as start date for NDTV open offer

Harsha Engineers IPO opens for subscription on September 14

The IPO, which closes on September 16, consists of a fresh issue of Rs 455 crore and an offer for sale of shares worth up to Rs 300 crore

HDFC Life allots 3.57 cr shares to HDFC Ltd at Rs 548.74/share on preferential basis

IT stocks off lows: HCL Tech, Tech Mahindra top gainers

Amit Jain, Co-founder, Ashika Global Family Office Services on Nifty touching 18,000

If the Nifty crosses 18,200 after the initial hiccup of 18,000, we believe that Indian market is going to touch a new high, outperforming any other market in the world be it US, Europe, China or Hang Seng

Inox, PVR down 5 percent on Brahmastra release dayShares of Inox and PVR tanked over 5 percent on the day of the much-awaited Brahmastra movie release. The stocks were among top losers on the BSE Smallcap index 

Bharti Enterprises likely to exit ICICI Lombard via block trade soon: Sources   The share sale proceeds may support Bharti’s acquisition of Singtel’s stake in Airtel. Alert: Bharti General Ventures owns 3.71% stake in ICICI Lombard   

Ujjivan SFB likely to launch launch QIP early next week:SourcesAs per sources, the small finance bank is looking to raise between Rs 400-500 cr via qualified institutional placement (QIP). QIP likely to have base offer of about 20 cr shares.

Markets at day’s lowIndices have erased morning gains and are trading near day’s low. Sensex is up 93.07 points or 0.16 percent at 59,781.29. Nifty is up 31.70 points or 0.18 percent at 17,830.50

Reliance Power down 10 percent According to an exchange filing, VFSI Holdings – an affiliate of investment firm Varde Partners – will pick up around 15% equity stake with an investment of Rs 933 crore in Anil Ambani group’s Reliance Power.