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NSE IPO: Will Shares List At A Premium? Here's What GMP Signals

https://ift.tt/rJQSkud The share allotment status for the National Stock Exchange IPO will be finalised today, on Tuesday, Sept. 22. The bourse is expected to process refunds for non-allottees on Sept. 23, while shares are expected to be credited to the demat accounts of successful allottees on the same day. The initial public offering of NSE kicked off with a slower than expected start but gained traction by the last day of bidding, with strong demand from qualified institutional buyers (QIBs)  overwhelming response from investors as the public issue was oversubscribed by 5.71 times on the third and final day of bidding on Sept. 21. Qualified Institutional Buyers (QIBs) led the demand for the issue, subscribing 12.68 times. The Non-Institutional Investors (NIIs) category was subscribed 6.55 times, while retail investors booked their quota 1.39 times. Investors who participated in the IPO can check the allotment status on the websites of BSE, NSE, and the issue regi...

Trade Setup For Sept 22: Nifty Bulls Eye 23,550 Breakout As Sub-$100 Oil Flips Sentiment

https://ift.tt/8UK7sO4 Indian equity markets could remain range-bound in Tuesday's session as the Nifty faces a crucial resistance zone around 23,520-23,550 amid persistent geopolitical uncertainty and elevated energy prices. This comes as GIFT Nifty rises 0.34% to 23,519.50 after Brent crude fell below $100. According to Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, the 23,520-23,550 zone is likely to act as an important resistance area for the Nifty in the near term. "A sustained move above 23,550 could extend the ongoing pullback rally towards the 23,700 mark in the short term," Shah said. On the downside, the 23,330-23,300 zone is expected to provide crucial support. Shah said a breach below 23,300 could weaken the near-term structure and potentially result in the index resuming its corrective trend. Market participants are also keeping a close watch on crude oil prices and geopolitical developments, which could influence the sustaina...

India 'Not Consulted' For New Zealand Tour, New Scheduling Chaos Engulfs Team

https://ift.tt/pedIgY4 Scheduling congestion could force the Indian team to rest some of their players for the final two of their five ODIs against New Zealand later this year, according to a report. India are scheduled to play five T20Is, five ODIs and two Tests during a gruelling two-month tour of New Zealand. However, concerns have been raised over the scheduling of the series, with the Test leg set to begin just four days after the fifth and final ODI on November 15. According to a report in Dainik Jagran , the likes of Shubman Gill , Jasprit Bumrah , KL Rahul , Nitish Kumar Reddy, Prasidh Krishna , Kuldeep Yadav and Mohammed Siraj could be rested for the final two ODIs in Mount Maunganui to prepare for the subsequent Test series. The aforementioned players are expected to be part of both the ODI and Test squads, which could force the team management to prioritise their workload and availability for the red-ball leg of the tour. The report further claimed that India's ...

Asian Games Forced To Apologise After Anthem Blunder In South Korea Match

https://ift.tt/Pso4Bbt Asian Games organisers offered "deepest apologies" on Saturday for playing the North Korean national anthem for the South Korean men's hockey team. South Korean officials were left angered by the latest mishap to hit the Nagoya-Aichi Games, which officially opened after a troubled build-up. At their Friday contest against Bangladesh, South Korea's players lined up for the traditional playing of the anthems, only to look bemused as North Korea's song rang out. Organisers then played Bangladesh's anthem and later the South Korean one, the South's Yonhap news agency said. South Korea went on to win 5-0. "During the men's hockey match between (South) Korea and Bangladesh on September 18, an incorrect national anthem was mistakenly played before the match," the Asian Games organising committee told AFP on Saturday. The statement said that, on Friday, "officials responsible for (National Olympic Committee) relations ...

Ajit Agarkar's Exit Imminent As BCCI Line Up Chief Selector Replacement

https://ift.tt/q2EMs34 The Board of Control for Cricket in India (BCCI) has begun its search for a new chief selector for the senior men's cricket team, with the current chairman of the selection committee, Ajit Agarkar, reportedly set to step down, according to sources. Agarkar, whose term at the helm of the selection committee is set to expire in the coming weeks, had reportedly sought an extension from the BCCI until the 2027 ODI World Cup. As per NDTV sources, Agarkar has expressed his intention to step down from the top job at the end of his term. It is understood that discussions between the BCCI and Ajit Agarkar have already taken place, with an official announcement regarding the former pacer's departure expected in the coming days. NDTV had earlier reported that Agarkar's tenure is all but over and that he had already chaired his final selection meeting when Team India's squad for the upcoming white-ball series was announced. Sources had told NDTV that fo...

Toxic Vs Hanuman Ansh Box Office Collection: Spiritual Drama Scores Big In Week 6

https://ift.tt/tAJyb29 Hanuman Ansh continues its phenomenal box-office run, with the devotional drama earning significantly more than Yash-starrer Toxic on Thursday. While Hanuman Ansh collected Rs 6.25 crore on Day 42, Toxic raked in Rs 14 lakh on Day 23 in India. The devotional film earned a staggering Rs 6.11 crore more than the Yash starrer, highlighting its extraordinary staying power at the box office. Hanuman Ansh Shows Sixth-Week Momentum Hanuman Ansh collected Rs 6.25 crore net on Day 42, across 9,160 shows in India. The film's India net collection has now reached Rs 243.38 crore, while its India gross collection stands at Rs 287.40 crore. The Day 42 collection represents a 4.2% jump from the previous day's Rs 6 crore, underlining the film's strong momentum even in its sixth week. With this the spiritual film raked an overall Rs 80. 25 crore on week sixth. ALSO READ |  Hanuman Ansh Crosses Rs 300 Crore Worldwide: Can It Overtake Yash's Toxic? Ove...

Multi-Decade Runway To Full Stack Control: Inside Lenskart's Global Playbook

https://ift.tt/AxcEB10 Eyewear unicorn Lenskart is doubling down on rapid volume expansion and end-to-end supply chain integration, confident that a massive structural penetration deficit in emerging markets offers a multi-decade growth runway. Speaking at the Jefferies India Forum 2026, the eyewear's Founder and Chief Executive Officer Peyush Bansal reiterated that the company's priority remains solving vision correction at scale rather than optimizing for short-term profitability. According to Bansal, Lenskart's primary market opportunity extends well beyond the current eyewear consumers to an estimated 700 million to 800 million individuals who require corrective lenses but remain undiagnosed or underserved. ALSO READ:  Lenskart Q1 Results: Profit Soars Nearly 4x As Margins Expand; Revenue Up 43% The Structural Penetration Gap Eyewear adoption in India and Southeast Asia continues to lag developed nations. In US, roughly 88% of people requiring corrective lenses ...