The key equity indices traded with minor gains in early trade. The Nifty traded a tad above the 25,500 level. Metal, realty and PSU bank shares advanced while consumer durables and media shares declined. At 09:30 IST, the barometer index, the S&P BSE Sensex, added 224.04 points or 0.28% to 83,420.61. The Nifty 50 index rose 62.35 points or 0.25% to 25,500.65. In the broader market, the S&P BSE Mid-Cap index added 0.19% and the S&P BSE Small-Cap index rose 0.32%. The market breadth was strong. On the BSE, 1,929 shares rose and 641 shares fell. A total of 111 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 2,547.53 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,012.86 crore in the Indian equity market on 19 September 2024, provisional data showed. Stocks in Spotlight: Reliance Infrastructure rallied 4.44% after the company informed that its board has approved raising of funds up to Rs 3,000 crore through qualified institutional placement (QIP) and upto Rs 3,014.40 crore through preferential allotment, aggregating to Rs 6,014.40 crore. NTPC fell 0.11%. The company received investment approval for Darlipali Project at an estimated cost of Rs 11,131 crore and received investment approval for Sipat project at an estimated cost of Rs 9,791 crore. Power Grid Corporation of India rose 0.30%. The company said that it has been declared as a successful bidder for establishing an inter-state transmission system the Khavda project in Gujarat. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 1.67% to 6.871 as compared with previous close 6.869. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 83.5725, compared with its close of 83.6575 during the previous trading session. MCX Gold futures for 4 October 2024 settlement rose 0.06% to Rs 73,482. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was fell 0.08% to 100.53. The United States 10-year bond yield declined 0.77% to 3.721. In the commodities market, Brent crude for November 2024 settlement lost 12 cents or 0.16% to $74.76 a barrel. Global Markets: Asian stocks traded higher on Friday, following a significant interest rate cut in the United States the previous day. The yen remained volatile ahead of a Bank of Japan monetary policy decision, as traders anticipated clues about potential tightening. Japan's consumer price index inflation rose as expected in August, reflecting increased consumption driven by higher wages. This reading came just before the Bank of Japan's meeting later that day. Core CPI, excluding volatile fresh food prices, increased by 2.8% year-on-year in August, reaching a 10-month high. This figure was in line with expectations and up from the 2.7% recorded in the previous month. A core reading that excludes both fresh food and energy prices, closely watched by the BOJ as a gauge of underlying inflation, rose to 2% in August from 1.9% in the prior month. Headline CPI inflation reached a 10-month high of 3% in August, up from 2.8% in the previous month. In China, the central bank maintained its benchmark lending rates, disappointing hopes for immediate policy support to bolster its struggling economy. US stocks surged to new all-time highs on Thursday, as markets welcomed the Federal Reserve's aggressive interest rate cut to protect the labor market. The S&P 500 gained 1.7%, reaching 5,713.64, while the tech-heavy Nasdaq Composite Index jumped 2.5% to 18,013.98. The Fed on Wednesday reduced its key lending rate by 0.50%, opting for a larger cut after considering a quarter-point move. Powered by Capital Market - Live

Reliance Infrastructure announced that Surinder Singh Kohli ceases to be the Independent Director of the company on completion of his second tenure with effect from 19 September 2024. Powered by Capital Market - Live

The company will issue of up to 12.56 crore equity shares and/or warrants convertible into equity shares at an issue price of Rs 240 and/or warrant, aggregating Rs 3,014.40 crore via preferential allotment. Further, the board has approved raising of funds up to Rs 3,000 crore through issue of equity shares or any other eligible securities to qualified institutional buyers by way of QIP, subject to members' approval. Reliance-Infra is an infrastructure company, developing projects through various special purpose vehicles (SPVs) in several high growth sectors such as power, roads, metro rail and airport in the infrastructure space and in the defence sector. On a consolidated basis, the company reported net loss of Rs 233.74 crore in Q1 FY25 as against net loss of Rs 672.86 crore in Q1 FY24. Net sales jumped 29.3% to Rs 7,192.83 crore in June 2024 quarter. The scrip rose 0.71% to close at Rs 284.75 on Thursday, 19 September 2024.Powered by Capital Market - Live

The headline equity benchmarks traded with modest gains in early afternoon trade. The Nifty scaled above the 25,450 mark after hitting the day's low of 25,380.80 in morning trade. Private bank shares extended gains for the fifth consecutive trading session. At 12:30 IST, the barometer index, the S&P BSE Sensex was up 215.93 points or 0.26% to 83,304.57. The Nifty 50 index rose 58.55 points or 0.23% to 25,477.10. The Sensex and Nifty clocked an all-time high of 83,315.93 and 25,481.60, respectively in early afternoon trade. In the broader market, the S&P BSE Mid-Cap index fell 0.33% and the S&P BSE Small-Cap index declined 0.15%. The market breadth was negative. On the BSE, 1,745 shares rose and 2,103 shares fell. A total of 124 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, gained 3.33% to 13.01. The Nifty 26 September 2024 futures were trading at 25,500.80, at a premium of 23.70 points as compared with the spot at 25,477.10. The Nifty option chain for the 26 September 2024 expiry showed maximum Call OI of 47 lakh contracts at the 25,000 strike price. Maximum Put OI of 114.2 lakh contracts were seen at 25,000 strike price. Buzzing Index: The Nifty Private Bank index rose 1.08% to 26,532.90. The index rallied 3.68% in five consecutive trading sessions. Bandhan Bank (up 2.35%), HDFC Bank (up 1.58%), ICICI Bank (up 1.29%), IndusInd Bank (up 1.02%), Federal Bank (up 0.91%), Axis Bank (up 0.7%), Kotak Mahindra Bank (up 0.35%), RBL Bank (up 0.34%) and City Union Bank (up 0.04%) advanced. Stocks in Spotlight: Reliance Infrastructure rallied 5.22% after the company announced significant progress in settling its outstanding debts from Rs 3,831 crore to Rs 475 crore. Ceigall India jumped 5.10% after the company said that it has emerged as lowest bidder (L1) for two projects in Uttar Pradesh for an aggregate value of Rs 2,498.5 crore. Vishnu Chemicals shed 0.29%. The company announced that it has resumed operations at Visakhapatnam plant, which was stopped for scheduled maintenance.Powered by Capital Market - Live

Reliance Infrastructure announced the settlement of disputes with Adani Electricity Mumbai and Adani Energy Solutions. There is no monetary consideration exchanged between the parties. The parties have agreed to withdraw arbitration claims against each other. As the claims and counterclaims are contingent, there is no impact on the financial position of the Company.Powered by Capital Market - Live

Reliance Infrastructure has settled and paid its entire obligations with Edelweiss Asset Reconstruction Company (Edelweiss) with respect to the Non Convertible Debentures issued by the Company, in consideration of an amount of Rs. 235 crore.Powered by Capital Market - Live

The key equity indices traded with tiny losses in early trade. The Nifty traded below the 25,400 level. FMCG, oil & gas and pharma shares advanced while realty, auto and IT stocks declined. At 09:30 IST, the barometer index, the S&P BSE Sensex was down 63.84 points or 0.05% to 82,940.57. The Nifty 50 index shed 6.60 points or 0.02% to 25,379.50. In the broader market, the S&P BSE Mid-Cap index shed 0.02% and the S&P BSE Small-Cap index rose 0.01%. The market breadth was positive. On the BSE, 1,379 shares rose and 1,233 shares fell. A total of 148 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 1,634.98 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 754.09 crore in the Indian equity market on 16 September 2024, provisional data showed. Stocks in Spotlight: Reliance Infrastructure added 2.94% after the company informed that its board is scheduled to meet on Thursday, 19 September 2024, to approve raising of long term resources from domestic and/or global markets. Torrent Power gained 2.05% after the company entered into MoU with the government of Gujarat for execution of 5GW solar, Wind or solar wind hybrid project in Dwarka. Numbers to Track: The yield on India's 10-year benchmark federal paper jumped 1.64% to 6.873 as compared with previous close 6.874. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 83.8575, compared with its close of 83.8650 during the previous trading session. MCX Gold futures for 4 October 2024 settlement shed 0.12% to Rs 73,410. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 100.70. The United States 10-year bond yield fell 0.06% to 3.622. In the commodities market, Brent crude for November 2024 settlement added 35 cents or 0.48% to $73.10 a barrel. Global Markets: Asia-Pacific stocks traded mixed on Tuesday as investors awaited for the Federal Reserve to kick off its monetary loosening cycle. Regional markets were influenced by a mixed performance on Wall Street, where technology stocks pulled down the Nasdaq Composite. Conversely, the Dow Jones Industrial Average reached a new high, driven by optimism about lower interest rates. Trading volumes were subdued due to market holidays in China and South Korea. Sentiment towards China was dampened by concerns about a potential escalation in trade tensions with the West. The Fed is set to meet Tuesday and Wednesday and is widely anticipated to lower rates for the first time since it began its hiking cycle in March 2022. Markets are pricing in at least 100 basis points of cuts this year. In the United States, the S&P 500 gained 0.13%, while the Dow Jones Industrial Average rose 0.55%, notching a record close. The tech-heavy Nasdaq Composite declined by 0.52%. Apple shares fell by 2.8% following analyst reports suggesting weaker demand for iPhone 16 Pro models compared to the previous year. Chip stocks, such as Nvidia, which led the market rebound last week, also faced selling pressure as investors took profits.Powered by Capital Market - Live

The company may issue equity shares/ equity linked securities/ warrants convertible into equity shares, by way of preferential issue and/ or qualified institutional placement and/or rights issue or any other method including determination of issue price, if any and seeking members' and other approval(s), as the board may deem appropriate. Reliance-Infra is an infrastructure company, developing projects through various special purpose vehicles (SPVs) in several high growth sectors such as power, roads, metro rail and airport in the infrastructure space and in the defence sector. On a consolidated basis, Reliance Infra reported net loss of Rs 220.58 crore in Q4 FY24 as against net loss of Rs 2,705.31 crore in Q4 FY23. Net sales jumped 11.9% to Rs 4,685.96 crore in Q4 FY24 over Q4 FY23. The scrip rose 1.51% to end at Rs 215.75 on Monday, 16 September 2024.Powered by Capital Market - Live

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 19 September 2024.Powered by Capital Market - Live

Reliance Power Ltd, Macrotech Developers Ltd, Ethos Ltd and Vascon Engineers Ltd are among the other losers in the BSE's 'A' group today, 23 August 2024.Reliance Infrastructure Ltd lost 9.88% to Rs 212.15 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 29.77 lakh shares were traded on the counter so far as against the average daily volumes of 6.44 lakh shares in the past one month.Reliance Power Ltd tumbled 4.99% to Rs 34.45. The stock was the second biggest loser in 'A' group.On the BSE, 375.35 lakh shares were traded on the counter so far as against the average daily volumes of 121.71 lakh shares in the past one month.Macrotech Developers Ltd crashed 4.87% to Rs 1162.35. The stock was the third biggest loser in 'A' group.On the BSE, 36731 shares were traded on the counter so far as against the average daily volumes of 52150 shares in the past one month.Ethos Ltd corrected 4.71% to Rs 3015.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 12132 shares were traded on the counter so far as against the average daily volumes of 12796 shares in the past one month.Vascon Engineers Ltd pared 4.17% to Rs 71.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 14.61 lakh shares were traded on the counter so far as against the average daily volumes of 2.6 lakh shares in the past one month.Powered by Capital Market - Live