A great boom in the stock market is expected today. In fact, last night the US Federal Reserve cut interest rates by 0.25 percent. It is expected to have a positive impact on the Indian Stock Market Today. Gift Nifty is around 7:30 am or at 94 points or 25,508 at around 7:30 am. It is also expected that the stock market will open up by climbing gap-up. Meanwhile, what shares will be seen today, learn further.
How is the attitude in the global market
After the Federal Reserve cut the rates as expected, Dow Jones on Wednesday closed with an industrial average lead and the S&P 500 shut down slightly. Fed Chairman Jerome Powell reduced the enthusiasm by indicating that this step is not the beginning of a long period of interest rate cuts. That is, the possibility of further cuts is less.
S&P fell 0.1% to close at 6,600.35, while Nasdaq Composite fell 0.3% to close at 22,261.33. Dow Jones Industrial average increased by 260.42 points or 0.6% to close at 46,018.32.
In Asian markets, China’s SSC composite increased by 7.45 points to 3,883.79, Hong Kong’s Hangseng increased 104 points to 27,012.57 and Japan’s Nikkei rose 225 370 points to close at 45,160.84. At the same time, South Korea’s Kospi is also at 3,442.43 with a gain of 29 points.
Keep an eye on these shares today
Coansion LifeSyinsage – Promoter Jasmiral Holdings can sell a stake in the company through a block deal, which will offer an offer size of Rs 1,756 crore and the floor price will be Rs 900 per share.
Indosoller-To follow the minimum public shareholding criteria, promoter Veri Energy will sell 61 lakh shares (14.66% stake) to the company on 18-19 September through offer-for-cell. The minimum price has been fixed at Rs 500 per share.
Biocon – A subsidiary, Biocon Biologics said that the American FDA has approved it for two injections. These are biosimiller of prolia and exgava.
Dixon Technologies – Dixon Technologies, Q Tech Singapore and Q Tech International will buy 20,867,924 equity shares (51% stake) of Kushan Q Tech Microelectronics for Rs 553 crore.
Bombay Dyeing and Manufacturing Company – Board has approved the appointment of Rohit Santosh as CEO of Bombay Realty.
BR Goyal Infrastructure – This infrastructure development company has increased its order book to Rs 1,442.93 crore by August 2025.
Housing Financers – The shareholders have approved the release of non -convertible debentures (NCDs) up to Rs 8,500 crore in one or more installments on the basis of private placement during a period of one year from the date of the annual general meeting.
Federal Bank – Federal Bank has announced to sell its 16.62 crore shares to Sumitomo Mitsui Banking Corporation for Rs 357.48 crore at the rate of Rs 21.5 per share.
Bandhan Bank – Bandhan Bank has announced the sale of Yes Bank to sell 15.39 crore shares of Rs 21.5 per share to Sumitomo Mitsui Banking Corporation for Rs 330.96 crore, which has reduced its share in Yes Bank from 0.70% to 0.21%.
Cochin Shipyard-The company has signed a contract with Oil and Natural Gas Corporation (ONGC) for the dry dock/major le-up of one of its jack-up rigs.
Central Bank of India – Board has approved a proposal of equity capital investment of Rs 100 crore in the proposed rights issue of Assistant Company St. Home Bank Finance.