September 2025 marked a significant increase in Draft Red Herring Prospectuses submitted to Sebi with 55 submissions. Companies with a March 31 fiscal year end rushed to file before the September 30 deadline. Failing to meet this deadline could complicate their IPO plans, requiring updated audits and due diligence. The IPO market has surged since July, recovering from previous delays in activity.
Contracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday trading. Asian shares edged lower after Micron Technology Inc. gave an upbeat forecast, but warned that rising compensation costs would weigh on profit margins. Alphabet Inc.’s shares rose after Google began rolling out the Gemini 4 Argon, its long-awaited flagship artificial intelligence model.
In a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced by hospitals, urging a probe into reports of patients being directed to specific pharmacies for their medications. Following this announcement, the BSE Hospitals Index faced a steep 5% drop, leading to notable losses for industry giants like Apollo Hospitals and Fortis Healthcare.
Benchmark indices faced a decline as global uncertainty impacted the market and investor sentiment remained cautious. The Nifty index is under pressure, with 22,600 acting as a significant support level. Foreign portfolio investors recorded a net sale of shares worth Rs 10,148 crore while domestic institutions were net buyers. The rupee settled flat against the US dollar amidst heavy FII outflows.
Indian equity benchmarks experienced a decline over two sessions due to profit booking and rising oil prices. The Nifty 50 index closed down by 95.75 points, reaching 22,620.45. Jio Financial Services and Allianz Europe B.V. have invested in their joint venture for business operations. Infosys has expanded its partnership with ABN AMRO for AI-driven transformation initiatives.
U.S. Stock Market prediction: S&P 500, Dow Jones, Nasdaq, Russell 2000 investors will look into a number of pivotal factors such as developments in the Middle East, energy market movement, US benchmark Treasury yields.
NASA’s Lucy mission will study 11 asteroids during its 12-year journey. It has already visited two main-belt targets and will next visit Eurybates and its satellite Queta in August 2027. The mission will then continue its planned flybys of Jupiter Trojan asteroids through 2033.
As investors approach October, the landscape is shaped by high crude oil prices, increasing bond yields, and continued foreign selling. Historically, October has favored positive market returns, yet recent downturns could challenge this pattern. With the earnings season on the horizon, corporate profitability, particularly within large-cap stocks, will be under scrutiny.
In a proactive move, the Securities and Exchange Board of India has teamed up with the Reserve Bank of India to enhance various regulatory procedures. Their primary focus is on making it easier for foreign portfolio investors to enter the market. The launch of the India Market Access portal in September 2025 marked a significant step forward in this initiative.
Tata Trusts vice chairman Vijay Singh has approached the Maharashtra Charity Commissioner seeking an immediate inquiry into the administration and governance of the Sir Dorabji Tata Trust, including its involvement in Tata Sons’ commercial and strategic affairs. His move follows a similar complaint by fellow vice chairman Venu Srinivasan.
Google said that the new "Argon" model is larger in size than Google's previous line of top-tier "Pro" models. The model posted better marks than Astra and Opus in terms of self-reported performance on several industry benchmarks, per a company press release.