*Financial News*
Source: Leading newspapers
*Compiled by Rudra Shares*
Vande Mataram
 *Wednesday, 09 September 2026* 

*Commodities*
• Silver (Spot): Rs 2,33,698
• Gold (Spot): Rs 1,52,487
• Gold prices soar, Indians swap old jewellery for new as advance purchase schemes lose shine
• Crude-sensitive stocks fall as Brent crude jumps past $100; BPCL, HPCL, Apollo Tyres drop, oil producers gain

*Market & Equities*
• Vodafone Idea stock slips: HSBC raises target price but keeps bearish rating on spectrum payment funding gap
• ESDS Software Solution surges 20% for third straight day; stock up 205% from IPO price
• Symphony shares surge as company plans entry into ACs, BLDC fans and air purifiers
• GE Vernova shares up on 6,000 MW project win
• FIIs net sell Rs 123 crore-worth of Indian equities while DIIs buy Rs 1,350 crore on September 8
• Reliance plans $1.3 billion bond in first sale since 2023

*IPO & Capital Markets*
• Prasol Chemicals IPO subscribed 41% on opening day; retail investors lead demand
• Glass Wall Systems IPO subscribed 2.5x on Day 1; GMP at 28%
• Kanohar Electricals IPO: Issue booked over 2.5x on opening day; GMP at 31%
• Pranav Constructions IPO subscribed 18x on Day 2; NII, retail investors lead demand
• Flat debut: Rays of Belief shares list at issue price on NSE, BSE
• Karamtara Engineering mobilises over Rs 262 crore via anchor book, Rs 875-crore IPO to open today
• Rentomojo IPO: Anchor investors pump in Rs 376 crore ahead of Rs 1,256-crore issue opening
• Manipal Payment Rs 805-crore IPO to open today; anchor investors pick up Rs 362 crore worth of shares
• Arcil Rs 733-crore IPO to open today; institutional investors invest Rs 220 crore via anchor book
• NSE IPO price likely at Rs 1,700-1,785 per share; stake sale may be cut to 5.5%. • Likely to open on September 18, list on September 25: Sources
• Madhu Kela-backed fund invests in Steamhouse IPO

*Banking & Financial Services*
• JioBlackRock AMC eyes Rs 25,000 crore AUM target by FY27, launches new fund
• Banks plan to e-auction cars, vehicles on BAANKNET to speed up recoveries
• RBI launches key surveys to get inputs for monetary policy

*Automobile & Electric Vehicles*
• Jio-bp, DRIVN in pact to explore charging solutions for commercial EV fleet
• Minda Corp targets Rs 1,500 crore export, eyes growth in electric vehicles
• India records best-ever August for EV retail with penetration crossing 12%
• Electra EV looks at three-fold growth on strong order pipeline

*IT & Semiconductors*
• HCLTech launches Rs 185 crore advanced semiconductor lab in Bengaluru

*Pharma & Healthcare*
• Biocon signs 10-year Brazil supply deal for Pertuzumab breast cancer drug
• Sun Pharma gets ratings boost from Moody's, S&P over USD 11.75-billion Organon & Co acquisition bid

*Oil & Gas*
• India needs energy innovation to reduce 88% oil import dependence: ONGC chief
• Govt offers 50% funding capped at Rs 2 crore to replace fossil fuels with solar heat in industry
• Ethanol blending: India should consider temporary cut to 15% from 20% target, says ICRIER

*Economy & Macro*
• PM Modi hails India's fintech rise and UPI at Global Fintech Fest 2026 in Mumbai, says risk-taking capacity is growing
• Rural job demand rises 23.8% in August under new VB-G RAM G scheme
• ‘Deficient monsoon, weak September rainfall pose risks to rabi crops’: Crisil
• ‘Sugar imports lose appeal as domestic prices plunge below import parity’

*Politics & State News*
• Bengal BJP minister backs non-veg during Durga Puja, pushes back against Bageshwar Baba
• BJP's Gaurav Bhatia files Rs 2 crore defamation suit against CJP, Abhijeet Dipke, Saurav Das & Ashutosh Ranka
• Former bureaucrat Devasish Sharma joins Assam BJP ahead of Nagaon Lok Sabha by-election
• Bijli, Sadak, Pani: UP BJP bets on BSP; orders road repairs & development works
• Will make all in Punjab Congress stakeholders in party: Sachin Pilot
• ‘BJP govt restored investor confidence in UP; no room for mafia’: Yogi Adityanath

*Jai Hind* 
*Rudra Hai to Mudra Hai* 
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