The Indian equity market is set for a muted start on Wednesday, September 23, 2026, after a period of sharp selling pressure experienced on Tuesday. GIFT Nifty futures on the NSE International Exchange were down 45.10 points, or 0.19 percent, at 23,349.50, indicating a cautious opening for domestic indices.
Stocks Under the Spotlight
Several companies are expected to be in focus today due to recent corporate developments, market debuts, or regulatory actions.
IPO Debuts
- Hero Motors: The auto ancillary player will make its stock market debut today after successfully raising Rs 1,000 crore through its IPO, which was subscribed over 6.66 times.
- SS Retail: This mobile and electronics retailer will also list on the bourses today, having raised Rs 500 crore from its primary offering, which saw an impressive subscription of over 103.30 times.
- Jindal Supreme (India): The steel pipe manufacturer is set to begin its stock market journey, having raised Rs 125 crore via its primary route, with the issue subscribed 181.07 times.
Corporate Developments and Regulatory Actions
- Adani Group Stocks: The market regulator SEBI has settled adjudication proceedings against five Adani Group companies, including Adani Enterprises and Adani Green Energy, for a total of Rs 1.51 crore. The settlement pertains to allegations of related-party transaction disclosures and corporate governance issues highlighted in the Hindenburg Report.
- Persistent Systems: The IT solutions provider has acquired 75.68 lakh equity shares, representing 61.15 percent of Nagarro SE's outstanding share capital, through a voluntary public takeover offer. Persistent plans to delist Nagarro from the Frankfurt Stock Exchange.
- IRB Infrastructure Developers: The company's board has granted in-principle approval to monetize approximately 350 acres of its non-core land parcels in Pune district, out of a total of 1,100 acres owned by Aryan Infrastructure Investments (AIIPL).
- Aditya Infotech: The parent company of CP Plus is reportedly planning a Qualified Institutional Placement (QIP) of Rs 1,500 crore, with an indicated floor price of Rs 3,467 per share.
- Allcargo Terminals: The logistics firm reported a 6 percent year-on-year growth in total volumes for August 2026, reaching 65,600 TEUs.
- 360 ONE WAM: The wealth management firm's board has approved the appointment of Aashish Agarwal as Chief Executive Officer, effective February 15, 2027.
- Lemon Tree Hotels: The hotel chain has announced the opening of its first hotel in Nashik, Keys Prima by Lemon Tree Hotels, further expanding its presence in Maharashtra.