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Ambuja Cements Ltd. slipped 0.12 per cent to Rs 622.0 in Wednesday's trade as of 11:25AM (IST). The stock hit a high price of Rs 625.8 and low of Rs 621.6 during the session.

Cummins India Ltd. slipped 0.33 per cent to Rs 3831.8 in Wednesday's trade as of 11:21AM (IST). The stock hit a high price of Rs 3866.5 and low of Rs 3825.55 during the session. The return on equity (ROE) for the stock stood at 26.02 per cent. Traded volume on the counter stood at 11:21AM shares and turnover at Rs 0.51 crore around that time. The stock of Cummins India Ltd. quoted a 52-week high price of Rs 4169.5 and 52-week low prices of Rs 1590.3, respectively.

Donald Trump on Tuesday referred to India as a “very big abuser” concerning its trade policies, specifically regarding import tariffs. Speaking at a campaign event in Michigan, Trump emphasized that India’s tariffs on imports were unfair, reflecting his long-standing critique of global trade practices. He said, «So when India, which is a very big abuser. He (Modi) happens to be coming to meet me next week, and Modi, he's fantastic. I mean, fantastic man. A lot of these leaders are fantastic.» He added that countries like Brazil and China also impose tough trade terms on the US, but China, in particular, was the most challenging of all. Further emphasizing India's competitive stance in global trade, Trump remarked, «They're not a little bit backwards...You know the expression, they're at the top of their game, and they use it against us. But India is very tough.» He also noted that Brazil, like India, maintained strict policies that made it difficult for the US to engage in fair trade. Also Read: Why is Donald Trump meeting Indian Prime Minister Narendra Modi ahead of the US Presidential Polls?

IPO) of Western Carriers was subscribed by 10 times so far on the fourth day of the bidding process attracting a strong demand from retail and non institutional investors (NIIs). The portion reserved for the retail investors as well as the NIIs received a solid response and was booked a little over 14 times so far around 10:30 am today.

On the BSE, Labelkraft Tech(down 15.79 per cent), Manoj Ceramic(down 11.15 per cent), Shristi Infra(down 8.11 per cent), NPR Finance(down 7.68 per cent) and Mefcom Capital(down 7.20 per cent) were among the stocks that plunged over 5 per cent during the session.

InterGlobe Aviation Ltd. 0.0 per cent to Rs 4931.1 at 11:11AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 4958.0 and low of Rs 4926.0 so far during the session. The stock had closed at Rs 4931.35 in the previous session. The counter has had a total traded volume of 4312 shares so far with a value of Rs 2.13 crore on the NSE. It traded at a price-to-earnings multiple of 24.37 and a price-to-book ratio of 68.53.

Bandhan Bank Ltd.(up 2.3 per cent), HDFC Bank Ltd.(up 1.57 per cent), State Bank of India(up 1.3 per cent), ICICI Bank Ltd.(up 0.96 per cent) and IndusInd Bank Ltd.(up 0.66 per cent) were among the top gainers.

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Sensex and Nifty opened on a flat note with profit booking seen in IT stocks. Oil and gas stocks were in focus as the government announced the scrapping of windfall tax on crude oil from Rs 1,850 per tonne. Bajaj Housing Finance continued to rally for the third straight day after multibagger debut and was up around 2%.

interest rate cuts almost certain in the current calendar year, non-banking lenders are poised to benefit the most, offering better risk-reward ratio in the current market conditions. The US Federal Reserve is expected to initiate a rate-cut cycle, either in its latest meeting or the following one. Once the Fed begins easing key interest rates, the Reserve Bank is likely to follow suit, aligning its monetary policy accordingly.

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY PSE at (0.51%), NIFTY Financial Services 25/50 at (0.42%) & NIFTY200 Momentum 30 at (0.35%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.58%), NIFTY India Digital at (-1.58%), NIFTY50 Value 20 at (-0.45%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 52177.1 (-0.02%) , -11.55 points lower than the previous closing.

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY PSE at (0.51%), NIFTY Financial Services 25/50 at (0.42%) & NIFTY200 Momentum 30 at (0.35%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.58%), NIFTY India Digital at (-1.58%), NIFTY50 Value 20 at (-0.45%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 25402.4 (-0.06%) , -16.15 points lower than the previous closing.

Subscribe to enjoy similar stories. Ashish Kacholia, ace investor and director of Lucky Investment Managers Pvt Ltd, recently walked away from five stocks. If you are an investor in the Indian stock markets, chances are you've heard of him.

Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years

Yemen’s Houthi rebels have shot down two American MQ-9 Reaper drones in under a week, further highlighting the regional spread of the Israel-Hamas war

Smaller Southeast Asian markets may continue to do better than larger ones, while a significant rise in the yen might cause volatility in the Japanese market and high-performing chip stocks. Fear of an unwind in the yen carry trade has the potential to hit markets globally.

Sandip Sabharwal, asksandipsabharwal.com, says the price at which Bajaj Housing Finance is trading is crazy and there is no way one can justify these valuations when large, established, diversified financials are trading at half, one-third, or maybe 25% of the valuation of this company. Like with many other IPOs, this is just frenzied trading in a limited-float stock. Sabharwal says there’s a similar frenzy in Ola Electric, which is losing market share every month, it is giving forecasts based on them either maintaining or improving market share, which is not going to happen. FOMO is setting in over the Bajaj Housing Finance IPO. The stock for a second consecutive day ended up in the green. But what is the message out there for people who want to participate right now? Should they be sitting on the sidelines, waiting for the frenzy to be over?

«Because there is growth slowdown and I have been in India for the last couple of days and there are visible signs of slowdown, whether it is real estate in northern India or consumption part of the economy,» says Rahul Chadha, Shikhara Investment. What is it that you are making of the market right now? I mean, all the valuation concerns aside, markets and not just us, globally, they do not want to stop. Rahul Chadha: I think what markets are looking is what Fed would do tomorrow. So, September 18th is when Fed comes for a meet and clearly, we are seeing globally economic data being soft but the hope is that policymakers, particularly here, the central banks come quickly, act quickly, and cut rates quickly, so which is where 50 bps cut from Fed would be reassuring and we have had some statements from the Fed members saying that Fed should go to neutral rates very quickly.

Investors in India are shunning stocks that were expected to benefit from Prime Minister Narendra Modi’s re-election, and instead piling into defensive sectors. An index of the so-called Modi stocks, a term coined by CLSA, has climbed only 2% as the prime minister completed his first 100 days in office after winning a third term in early June. In contrast, consumer and software stocks have rallied 20% and 34%, respectively.

SAIL, MCX, Texmaco Rail Engineering and Hindustan Copper among 50 other companies are expected to be in focus today as they have set September 19 as the record date for determining shareholders eligible for dividend payments. This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.

Subscribe to enjoy similar stories. Last week, India initiated multiple changes in farm trade policies across crops like oilseeds, onion and basmati rice. Coupled with ample rains, this is likely to boost rural incomes in the kharif harvest season beginning October, and revive consumer demand.