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The Nifty ended lower on Tuesday, snapping a four-session winning streak as it faced resistance at 23,500. The index settled at 23,329, down 0.43 percent. Analysts said the near-term sentiment remains weak, with immediate support at 23,300. Investors are now watching global cues and upcoming PMI data for fresh market direction.
US stocks edged higher on Tuesday, September 22, as the Nasdaq Composite hit a fresh all-time intraday high. Falling oil prices and strong technology stocks supported sentiment. On September 23, investors will watch the US Flash Manufacturing PMI data. Meanwhile, foreign investors sold ₹3,809.99 crore in Indian equities today.
Sebi chief Tuhin Kanta Pandey said on Tuesday that the regulator intends to address concerns over settlement prices for derivatives on expiry days. Sebi issued a consultation paper on September 12 seeking public comments. Pandey said, "We intend to address concerns in respect of settlement price for derivatives on expiry."
US stock futures were largely flat in Tuesday’s trade, September 22, as the Nasdaq hit a record high. While chip stocks showed signs of losing momentum, Dow Jones futures rose 112 points. Meanwhile, oil prices fell for the fifth session as investors watched diplomatic efforts to end the US-Iran conflict.
Sensex and Nifty settled lower on Tuesday as IT and financial stocks fell. The Nifty dipped 85.30 points to end at 23,329. Sudeep Shah said, "On the downside, the 23,230-23,200 zone will serve as a crucial support area." A break below 23,200 may resume the index’s corrective trend soon.
Keralam police warned people about fake stock investment scams using AI-generated videos on social media. Fraudsters use these ads to lure victims into downloading fake trading apps. Police said, "Make stock market investments only through Securities and Exchange Board of India-registered entities." Report such scams by calling 1930 immediately.
Peshwa Wheat plans to raise ₹54 crore through an initial public offering on the BSE SME exchange. The issue opens for subscription on Thursday with a price band of ₹95 to ₹101 per share. Managing Director Rahat Ali Saiyed said the proceeds will support investments in plant, machinery and working capital.
Steel Authority of India Ltd fixed 30 September 2026 as the record date for a final dividend of Rs 2.35 per share. Shareholders who hold the stock by this date will get the payout. The company said the dividend will be paid within 30 days after approval at the upcoming AGM.
American businessman Chuck Feeney died in San Francisco on October 9, 2023, after giving away his $8 billion fortune. He followed a philosophy called "Giving While Living" to support global causes. Feeney said, "It's a lot more fun to give while you live than give while you're dead." He lived modestly.
Maruti Suzuki plans higher capital expenditure as passenger vehicle demand grows after GST 2.0. The company said sales rose 36% during April-August 2026, with entry-level cars climbing over 96%. MD Hisashi Takeuchi said, "The increase in demand is also encouraging the company to bring forward its investment plans" for future growth.
Majestic Auto, Jagran Prakash, Indo Borax, and PTC India currently offer dividend yields higher than the 7.1% annual interest rate provided by the government-backed PPF scheme. Investors often look for such stocks to get regular income. These companies showed strong payouts, even as some stock prices fell on Tuesday.
The Reserve Bank of India’s bond sales and foreign exchange swaps helped halve the banking system’s liquidity surplus in two weeks. Surplus cash fell to ₹4.92 lakh crore on Monday from ₹11.16 lakh crore. Many bankers said these moves aim to control inflation as markets expect an October rate hike.