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Latest Stock Market News

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Vigor Plast India, a Gujarat-based pipes manufacturer, is launching its IPO on the NSE SME platform. The Rs 25-crore IPO opened on September 4 and closed on September 9. The IPO comprises fresh share sale and offer for sale. Proceeds will be used to repay borrowings and fund a new warehouse. The IPO was subscribed 3.9 times overall.

LT Elevator, an elevator maker, will launch its IPO on September 12. The IPO aims to raise Rs 39 crore. The subscription will close on September 16. Listing on BSE SME platform is scheduled for September 19. The company will use the funds for working capital and investment in its subsidiary. Investors can bid in lots of 3,200 shares.

Investors eyeing dividends from Glenmark Pharmaceuticals, Texmaco Rail & Engineering, and other companies must purchase shares today. September 12, 2025, is the record date for eligibility. Numerous firms, including Aarti Pharmalabs and DOMS Industries, have announced final dividends with the same record date, making today a crucial opportunity for dividend-seeking investors.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Oracle’s $244 billion rally pushed its market cap to $922 billion, briefly making Larry Ellison the world’s richest man. With Ellison holding 41%, attention shifts to other top shareholders like Vanguard, BlackRock, and State Street as the company eyes the trillion-dollar club.

It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.

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Indian businesses are adapting to US tariffs. Festive season demand and GST changes may help. Companies are focusing on local sales and new supply chains. MSMEs are exploring other markets. Banks expect increased lending to MSMEs. Sectors like textiles and engineering could benefit. Government support aims to protect MSMEs from credit issues. Strong domestic demand may offset tariff impacts.

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General and life insurers are seeking GST relief from the finance ministry on commissions for health and life insurance products. They argue that commissions are procurement costs embedded in premiums and should be exempt, similar to reinsurance commissions.

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India saw a slowdown in demat account growth in August. Around 24.8 lakh new accounts were added, less than July s 29.8 lakh. Market caution affected investor enthusiasm. Total demat accounts are now over 20 crore, a fourfold increase since 2020. New investors are mainly young individuals from smaller cities.

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Indian indices closed higher on Thursday, with the Nifty surpassing 25,000 for the first time in three weeks, driven by positive sentiment despite mixed global cues and concerns about slowing earnings. The Nifty gained 0.1% to close at 25,005.5, while the Sensex rose 0.1% to end at 81,548.73, marking the fourth consecutive day of gains.

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