Market News

4 min read | Updated on September 30, 2026, 08:10 IST
SUMMARY
Shares of BSE Ltd (formerly Bombay Stock Exchange) will begin trading on the NIFTY50 index on Wednesday as part of the bi-annual index rebalancing. BSE, which will enter the country's benchmark index for the first time, will replace IT solutions provider Wipro.

GIFT NIFTY futures suggest that the NIFTY50 index will open 25 points lower.
The domestic stock market is expected to open flat on Wednesday, September 30. GIFT NIFTY futures suggest that the NIFTY50 index will open 25 points lower.
The majority of the capital would be used for continued expansion of the platform, the firm said in a regulatory filing. PHVL owns and operates a portfolio of luxury and premium hotels in key cities across India.
Recently, Prestige Estates shelved plans to launch an IPO of PHVL due to uncertain market conditions and some other factors.
For the interim period, in this strategic leadership transition move, which is aimed at accelerating the company's growth momentum and strengthen its talent pool to position it for the next phase of progress, Nehra has been appointed as Chief Transformation Officer and MD-designate from October 1, Allcargo Logistics said.
Outgoing MD and CEO Kulkarni will take up the role of Chief Growth Officer (CGO) at Allcargo Group, effective January 1, 2027, it said.
The scope of work includes "providing complete operation and maintenance services at 2x600 MW Moxie Power Generation Ltd. Tuticorin TPP", the firm said in a regulatory filing. The contract period shall be of five years, effective October 1.
The company said that it will use the proceeds from the sale to grow and expand its capacity for manufacturing of chemicals, lube oil additives, food preservatives, and chemical trading and to execute higher-value projects in the EPC business.
According to bulk deal data on the BSE website, the investor divested 36.33 lakh shares at an average price of ₹1,030.08 apiece. The buyers could not be identified from the exchange data.
Meanwhile, a clutch of domestic institutional investors bought an equal number of units at the same price.
EPC giant Larsen & Toubro acquired 97.84 lakh shares, amounting to nearly a 1% unitholding in Cube InvIT for ₹150 crore, emerging as the largest buyer of units.
Mutual funds managed by Birla, Kotak Mahindra, HSBC, and WhiteOak Capital, along with ICICI Prudential Life, HDFC Life Insurance, Axis Max Life, and Kotak Mahindra Life Insurance, also took part in the transaction.
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