News Overview

Indian benchmark indices ended lower for the second straight session on September 8, 2026. Nifty fell 144 points to 23,635, while Sensex declined 555 points to 75,577 as banking and insurance stocks came under pressure. Rising Brent crude above $100 a barrel and persistent Middle East tensions weighed on investor sentiment, while pharma, FMCG and energy stocks offered some support.

Pranav Construction IPO GMP rises to ₹44, indicating an estimated listing price of ₹168 or a 35.48% premium over the ₹124 issue price. The IPO is subscribed 3.82 times, with strong demand from NII and retail investors.

IFCI share price fell over 8% on September 8 as investors booked profits after a strong rally linked to the proposed NSE IPO. Here's what investors need to know.

Prasol Chemicals IPO GMP has fallen to ₹45 from ₹165 in four days. Check the latest GMP trend, estimated listing price, IPO subscription status, financial performance and key strengths of Prasol Chemicals.

ESDS Software Solution shares have surged nearly 205% from their IPO price of ₹429 in just three trading sessions. With strong growth in revenue and profit, an AI infrastructure opportunity and a sharp post-listing rally, should investors buy ESDS shares after the recent surge?

Kanohar Electricals IPO is open for subscription from September 8 to 10, 2026, with a price band of ₹601–₹632 per share. Check the latest GMP, lot size, IPO dates, allotment, listing details, financial performance and issue structure.

The proposed NSE IPO could unlock significant value for existing shareholders. Five public sector insurers could collectively realise around ₹7,200 crore, while prominent investors including Radhakishan Damani, Sunil Kant Munjal and Kris Gopalakrishnan hold sizeable NSE stakes. Here's a detailed look at NSE shareholders, stake values at ₹1,800, ₹2,000 and ₹2,300, IPO GMP, OFS details and expected listing date.

Glass Wall Systems IPO is a ₹427.89 crore bookbuilding issue opening on September 8 and closing on September 10, 2026. Check the latest GMP, price band, lot size, IPO dates, allotment, financial performance, valuation and listing details.

ESDS Software Solutions shares continued their post-listing rally on September 7, hitting the 20% upper circuit for the second straight session. The stock, which listed at ₹757 against an IPO price of ₹429, climbed to ₹1,090.05, taking the company’s market capitalisation to around ₹12,776.6 crore.

Jewellery stocks rallied sharply on Monday, with PC Jeweller, Lalithaa Jewellery Mart, BlueStone Jewellery, P N Gadgil Jewellers and Thangamayil Jewellery among the major gainers. Here are the key reasons behind the rally and the factors investors should watch.