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IFCI and New India Assurance shares rose in early trade as the ₹22,569-crore NSE IPO opened for subscription. Both companies have exposure to NSE.

Kanohar Electricals made a strong stock market debut at ₹685.50, an 8.46% premium to its ₹632 IPO price, before rising 18.31% to ₹747.70 by 11:45 AM.

The NSE IPO opened on September 17 with a ₹1,700–₹1,785 price band. The issue was subscribed 15% by 10:59 AM, while the GMP stood at ₹145.

Prasol Chemicals made its NSE and BSE debut on September 16, 2026, opening at ₹610, a 9.76% discount to its ₹676 IPO issue price. The stock touched ₹667 and ₹601 during the early trading session despite the IPO receiving 3.47x overall subscription.

The US Federal Reserve raised its policy rate by 25 basis points to 3.75%-4%, its first hike in more than three years, and signalled the possibility of another increase in 2026. Indian markets remained relatively resilient, but crude oil, FPI selling, rupee weakness and global bond yields remain key factors for investors.

Yes Bank shares rose 1.78% to ₹23.48 after Citi highlighted potential benefits from the new UPI MDR structure, including a possible 6–12% boost to the bank’s profit before tax.

Rentomojo shares opened at ₹482.45 and touched ₹534 after listing. The stock was trading at ₹520.15 on NSE at 1:45 PM, up 28.75% from its ₹404 issue price.

SS Retail IPO GMP rises to ₹120 from ₹90, indicating a potential 28.30% premium over the ₹424 issue price. The IPO was subscribed 2.36x by 11:21 AM.

Hero Motors IPO GMP stands at ₹13, implying an estimated listing price of ₹97, while the ₹1,000-crore issue was subscribed 2.20 times by 11:21 AM on September 17.

The NSE IPO anchor book comprised 189 investors who were allotted 3,77,93,739 shares worth ₹6,746.18 crore at ₹1,785 per share. Here is the complete list.