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BUSINESS

NSE Share Price Falls Below IPO Price, Stock Down Over 6% From Peak

NSE share price today: National Stock Exchange shares fell below their IPO issue price of ₹1,785, declining to ₹1,761 in morning trade. The stock is down over 6% from its listing-day peak of ₹1,878.

China May Retreat from Gwadar Port Amid Security Risks, Economic Challenges: Lowy Report

China may eventually scale back its presence at Pakistan’s Gwadar port amid mounting security risks, high operating costs and economic challenges, according to a Lowy Institute report. The report highlights threats from Baloch insurgents, difficult terrain and challenges facing the China-Pakistan Economic Corridor (CPEC).

International flight passengers in South Korea rise 9.8% to 68.44 million in Jan-Aug

International flight passenger traffic at South Korean airports increased 9.8 per cent year-on-year to 68.44 million during January-August, with Japan and China routes recording strong growth. Despite higher oil prices and fuel surcharges, shorter flight times and travel demand helped boost passenger numbers, while traffic on Southeast Asian routes declined.

SEBI Bars Omaxe, Promoters from Markets Over MPS Norms Violation

SEBI has restrained real estate developer Omaxe Ltd and promoter-linked entities from accessing the securities market over alleged violations of minimum public shareholding norms. The regulator said Omaxe and group entities routed Rs 46.5 crore through intermediary firms to finance purchases of Omaxe shares during two 2013 offer-for-sale tranches. SEBI imposed monetary penalties and barred Omaxe and key promoter-linked entities from dealing in securities for specified periods.

Nifty, Sensex Fall for 7th Week as High Crude, US Bond Yields Weigh on Markets

Indian equity benchmarks Nifty and Sensex ended lower for the seventh consecutive week, pressured by elevated crude oil prices, rising US bond yields and intensified FII selling. Nifty fell 0.88% during the week, while Sensex declined 0.54%. Brent crude remained above $105 per barrel amid geopolitical uncertainty, while the US 10-year Treasury yield crossed 5.10%. Analysts said the 23,000 level remains an immediate support for Nifty, with 23,200 acting as resistance.

Centre to Borrow Rs 7.86 Lakh Crore in Second Half of FY27, Total FY Borrowing at Rs 15.9 Lakh Crore

The Central government will borrow Rs 7.86 lakh crore through dated securities in the second half of FY27, taking its total planned borrowing for the financial year to Rs 15.9 lakh crore. The borrowing will include Rs 15,000 crore through Sovereign Green Bonds. Meanwhile, the fiscal deficit stood at Rs 4.55 lakh crore during April-July 2026, or 26.8% of the full-year target.

GI-Tagged Gulbarga Tur Dal Exported to Maldives, Karnataka Farmers Get 30% Higher Realisation

The government has facilitated the export of 1 metric tonne of Karnataka’s GI-tagged Gulbarga Tur Dal to the Maldives through APEDA. Farmers are expected to benefit from higher realisation of Rs 82 per kg compared with the prevailing market price of Rs 60 per kg, while FPOs gain greater access to international markets and export-oriented value chains.

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