NTPC had proposed to raise up to Rs 18,000 crore through the issue of bonds/debentures on a private placement basis.

We head not only into weekly options expiry, but also monthly derivative expiry on Thursday. Given the current technical setup and looking at the options data for September expiry, it is unlikely that Nifty may see any serious drawdown.

In another transaction, T Rowe Price Emerging Markets Stock Fund bought 1.5 million shares of the asset management company at Rs. 2,871 per share through a bulk deal on the BSE.

There are about 1,552 such funds - known as exempted provident funds - with an estimated Rs7-8 lakh crore corpus which can invest as much as 15 percent of corpus in equities. Many funds nearly exhausted the limits through the bull run.

The Unit Approval Committee of GIFT SEZ Wednesday met to consider those proposals as the special economic zone is set to launch a bullion exchange in the next few weeks amid growing investor interest.

The IPO consists of a fresh issue of equity shares worth Rs 500 crore and an offer for sale (OFS) component of 43,727,603 equity shares.

On September 11th, Invesco-owned Invesco Developing Markets Fund and OFI Global China Fund LLC had sent a notice to the ZEE board, seeking an EGM to discuss the removal of three directors, including MD and CEO Punit Goenka, from the board and induction of six new independent directors of its choice.

A battle between the central banks and private cryptocurrencies has been brewing for some time and now it seems we are getting closer to a climax," said Kamath, the co-founder of India’s largest stock trading platform by volume.

Benchmark equity indices shed more than 1 per cent on Tuesday, the rupee closed at a one-month low, while yield on the 10-year benchmark government bond climbed 2 basis points. Bond prices and yields move inversely.

The Dow Jones Industrial Average rose 60.09 points, or 0.18 per cent, at the open to 34,360.08.