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Also Read: Samhi Hotels IPO listing date today. GMP, experts predict par listing Zaggle share listing is expected to be tepid on Friday. Analysts expect Zaggle shares listing price to be at around 5-7% premium to the issue price.

rupee depreciated marginally to end 2 paise lower at 83.09. Indian government bonds will be included in the Government Bond Index-Emerging Markets index and the index suite, JPMorgan said on Friday.

emerging market debt index. This inclusion is likely to prompt billions of dollars of inflows into the world's fifth-largest economy. India's local bonds will be included in the Government Bond Index-Emerging Markets (GBI-EM) index and the index suite, benchmarked by about $236 billion in global funds according to JPMorgan.

Indian stock market indices are likely to open lower on Friday amid weak sentiment in the global peers. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading at around 19,714 level as compared to the Nifty futures’ previous close of 19,769.

Day trading guide for today: On account of strong US dollar putting global markets under selling pressure, Indian stock market ended lower for third straight session. Nifty 50 index lost 159 points and closed at 19,742 levels, BSE Sensex shed 570 points and ended at 66,230 levels whereas Bank Nifty index corrected 760 points and closed at 44,623 mark. In broad market, small-cap and mid-cap indices crashed almost one per cent.

Buy or sell stocks for today: Following weak global market cues on strong US dollar, Indian stock market ended lower on third day in a row. Nifty 50 index lost 159 points and closed at 19,742 levels, BSE Sensex shed 570 points and ended at 66,230 levels whereas Bank Nifty index corrected 760 points and closed at 44,623 mark. Broad market indices fell marginally more than the Nifty even as the advance decline ratio fell further to 0.46:1.

ICICI Bankshare price is likely to be in focus on Friday (September 22) as a day ago on September 21 it informed exchanges that it had entered into an agreement for the investment of about ₹5 crore in Quantum CorpHealth. The time period for the completion of the acquisition is by the end of October 2023 with a cash consideration of nearly ₹4,99,95,000 for 9.99 per cent shareholding of Quantum CorpHealth Private Limited.

Cummins India with a target price of Rs 1790. The current market price of Cummins India is Rs 1745.65.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd., says “one should not be getting euphoric in EMS space. The same thing applies to defence and railways stocks. We will have to keep a level head on this particular aspect. There is going to be growth. There is going to be opportunity. But at the same time, one should keep an eye on whether they will generate enough margin. Keep an eye on whether they generate growth beyond 20%.”In the case of PSU stocks, when you see price action, which is close to its free float, and then the government holding is tight, one would expect a lot of volatility.I probably do not want to disagree but I would like to say that the market has created a situation where in an election year, the government is not likely to divest public sector companies shares and as a result of which, the free float in the market is going to remain comparatively tight. As a result of which and because of the new funds which are coming into the market, people would like to buy something which they missed out till now. As a result, they would create a situation of buying into them.

India in itself is an asset class in the global arena, and equities are well poised to deliver superior returns compared to all other asset classes, saysJiten Doshi, co-founder and chief investment officer of Enam Asset Management. “We feel we are amidst a once-in-a-lifetime phase of India registering its presence of being a break-out nation,” says Doshi, who oversees close to $4 billion of assets. Doshi believes it’s time to allocate a sizeable part of incremental income in equities to create generational wealth, as this growth phase will ride multiple megatrends like digitization, financialization, premiumization, manufacturing renaissance, and benefit multiple sectors. Edited excerpts from an interview with ETMarkets:Many money managers believe that valuations are stretched across market cap. Do you also believe so or contradict?We feel there are two plays in the markets — value and price. When we contend valuations are expensive — it means that prices are high. Our core premise in investing is to own a good business, which presents long growth visibility, and generates better business returns. As things stand, prices are high, but has the value changed? Not necessarily.

India Cements with a target price of Rs 243. The current market price of India Cements is Rs 230.75.

Labour unions and Chevron have agreed to a compromise deal put forward by an industrial umpire, spelling the end to more than two weeks of work stoppages that threatened to disrupt LNG exports from Western Australia.

SYDNEY (Reuters) — An Australian union has agreed to accept proposals from the country's industrial arbitrator to end disputes at Chevron (NYSE:CVX)'s two local liquefied natural gas (LNG) projects, and will likely call off strikes, a person familiar with the matter said on Friday.

By Mrinalika Roy and Arathy Somasekhar

Indian Navy, US aerospace manufacturer Boeing has said that the expanded fleet will result in an economic impact of $1.5 billion to the domestic industry in the next decade. The Indian Navy currently operates a fleet of 12 P8I aircraft that are tasked with carrying out long-range maritime patrols in areas of interest extending from the Gulf of Aden to the Sunda strait in Indonesia. The aircraft, equipped with anti-submarine warfare as well as the capability to attack surface ships, are often used in coordination with friendly navies like the US and Australia. Top Boeing executives said that talks are on with the Indian Navy to extend the fleet to 18 aircraft, with additional features. “Boeing has already generated a substantial economic impact amounting to $1.7 billion to support the current P8I aircraft fleet in service with the Indian Navy. We see an expanded fleet bringing in another $1.5 billion,” Dan Gillian, vice president, Boeing Defence said. The US-based company said that it is looking to create more partnerships in India to add value to its global programs, and several Indian companies are now an active part of its international supply chain. “As we respond to the Indian Navy's need for more P8I aircraft, we're actively looking to enhance engineering, manufacturing, and sustainment capabilities in India, for India, and the world, benefiting both Indian and global customers,” Salil Gupte, president of Boeing India said.

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Vaibhav Jewellers IPO: Andhra Pradesh-based Manoj Vaibhav Gems N Jewellers has raised ₹81 crore from anchor investors a day ahead of its IPO subscription opening for bidding. Vaibhav Jewellers initial public offering (IPO) will open for subscription on Friday, September 21 and close on Tuesday, September 26. The regional jewellery brand has fixed the price band at in the range between ₹204 - ₹215 per equity share at a face value of ₹10 each for the public issue.

Nifty extended losses for the third straight session on Thursday, September 21. The domestic institutional investors (DIIs) turned net buyers and invested ₹1,158.14 crore in Indian stocks today.

Manipur Human Rights Commission (MHRC), state government has asked the Director General of police (DGP) to recover the arms and ammunition, looted by the attackers and miscreants during the ethnic riot from the armouries of security forces and the Churachandpur gun shop. Manipur government’s Commissioner (Home) T. Ranjit Singh in a most urgent letter to the DGP, Deputy Commissioners of all 16 districts, Secretaries of Rural Development, Education and Health Departments directed to take immediate necessary actions on the recommendations of the rights panel. After visiting various districts and relief camps including worst violence hit district Churachandpur MHRC headed by its Chairperson Justice Utpalendu Bikas Saha (retired) earlier this month in a letter to Manipur Chief Secretary Vineet Joshi made six point recommendations. According to various reports during the ethnic riots, which broke out on May 3, over 4,000 different types of sophisticated arms and lakhs of different kinds of ammunition were looted from the police stations and police outposts by the mobs, attackers and militants. Inspector General of Police (Operations) I.K.

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