On Wednesday, 1,877 stocks advanced, 2,498 declined and 234 remained unchanged on the Bombay Stock Exchange (BSE) with advance decline ratio of 0.75 indicating a negative closing. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 151 securities advanced and 90 closed at a new 52-week high whereas securities sank to close at their new 52-week lows. Nifty IT, Nifty India Defence and Nifty FMCG were among the biggest losers. Nifty Metal and Nifty Energy were among the biggest gainers.
Adani Ports & SEZ (+3.80%) emerged as the highest bidder to develop and operate two dry bulk berths at Paradip Port, Odisha. The project was expected to add 18 MMT of cargo-handling capacity, taking its India capacity to 671 MMT. The berths were to be developed under a 30-year PPP concession. The expansion was expected to strengthen APSEZ’s East Coast presence and support its 1-billion-tonne cargo throughput target by 2030.
Tata Consultancy Services (-2.11%) launched India’s first lights-out factory lab at its Sahyadri Park campus in Pune.The Industrial Autonomy and Engineering Lab fea-tured digital twins, robotics, industrial AI and real-time factory controls. The facili-ty included a robotic battery-pack assembly line to demonstrate autonomous manu-facturing. The lab was aimed at helping manufacturers test and scale AI-led pro-duction systems.
New India Assurance (+0.14%) planned to divest 1.05 crore NSE shares through an IPO offer for sale. The stake represented 29.83% of the insurer’s existing NSEIL holding. The shares were transferred to an escrow account on September 8, 2026, ahead of the proposed sale. The company had received a dividend of ₹123.20 crore from NSEIL in FY26.
Larsen & Toubro (-0.60%) became the first private-sector company in India to issue tokenised bonds, raising ₹500 crore. The three-year bonds were issued under SEBI’s blockchain-based tokenisation framework. The transaction used distributed ledger technology, while fund settlement was carried out through a CBDC wallet. The move marked L&T’s adoption of blockchain-based technology for corporate fund-raising. L&T’s Energy Hydrocarbon Offshore division secured a large order from ONGC for the ADR-I and NLM-14 offshore developments. The project covered EP-CIC work for three well-head platforms, one riser platform, subsea pipelines and cables. It also included brownfield modifications to existing offshore installations. L&T classified the order as large, implying a value of ₹2,500-5,000 crore.
IIFL Finance (-3.64%) allotted 2,500 secured, listed and rated NCDs worth ₹25 crore through private placement. The debentures carried a 9.10% annual coupon and had a two-year tenure. The NCDs were issued in dematerialised token form and were set to be listed on NSE. The debentures were secured by a first-ranking pari passu charge over specified assets.
Petronet LNG (+0.03%) paid penalties of ₹76,700 each to BSE and NSE for regulato-ry non-compliance. The penalties related to Regulation 17(1) of SEBI LODR for the quarter ended 30 June 2026. The company paid ₹75,400 each after TDS deductions on 8 September 2026. Petronet LNG said the matter would be placed before its Board.
Cochin Shipyard (+1.82%) was fined ₹9.66 lakh each by BSE and NSE for non-compliance with SEBI LODR requirements. The penalties related to board composi-tion and the constitution of the Audit and Nomination & Remuneration Commit-tees. The company said the issue arose due to pending government appointments of independent directors. Following a new appointment, CSL reconstituted the committees and planned to seek a waiver of the fines.
Natco Pharma (+0.07%) board approved a rights issue of up to ₹1,300 crore. The is-sue was proposed to comprise fully paid-up equity shares with a face value of ₹2 each. The final issue size, price and entitlement ratio were to be announced later. It also planned to revise its proposed demerger scheme with Natco Crop Health Sci-ences while retaining the original share-swap ratio.
Power Mech Projects (+0.62%) secured a ₹970 crore order from Vedanta Power for operating and maintaining the Sakti Thermal Plant in Chhattisgarh. The 60-month contract covered the 2x600 MW coal-based plant. The basic order value stood at ₹890 crore, with ₹80 crore earmarked for additional services, excluding GST. The order strengthened Power Mech’s presence in the power-generation O&M seg-ment.
Cochin Shipyard (+1.82%) approved a 50:50 joint venture with Drydocks World Du-bai to operate the International Ship Repair Facility in Kochi. The ₹970 crore facility featured a 6,000-tonne ship lift, six workstations and around 1,400 metres of berth-ing space. CSL was to receive at least ₹1,800 crore for transferring the facility to the JV, with half in cash and half in JV shares. The agreement was expected to be im-plemented by the end of FY27, subject to approvals.
Kalpataru Projects International (+0.79%) subsidiary KPTS approved an IPO of ex-isting shares in Swedish step-down subsidiary Linjemontage i Grästorp. The shares were proposed to be listed on Nasdaq Stockholm. The offer valued LMG at around SEK 2,350 million, or approximately ₹2,324 crore. The listing was expected to im-prove LMG’s visibility and support its expansion in Nordic power infrastructure.
Astec LifeSciences (+14.82%) clarified that it had no undisclosed developments re-quiring regulatory disclosure amid a sharp rise in trading volumes. It said it re-mained compliant with SEBI disclosure and insider-trading regulations. Astec said no material event had occurred that needed mandatory disclosure. The clarification followed an NSE notice seeking details on the unusual trading activity.
Siemens Energy India (-0.51%) clarified that a news report on its Blue portfolio did not involve any undisclosed material event. The company said the information had already been made public through a press release on 7 September 2026. The Blue portfolio covered technologies for cleaner high-voltage grid infrastructure. Siemens Energy India said there were no ongoing negotiations or events requiring disclo-sure.
Steel Exchange India (+4.08%) signed an MoU with NMDC for the supply of con-sistent-grade iron ore fines from NMDC’s upcoming Visakhapatnam blending yard.The four-year framework was expected to improve raw-material security and reduce logistics costs for SEIL.The arrangement provided multiple supply routes, including conveyor, FOB, FOR, FOT and ex-stockpile options.The deal supported SEIL’s backward-integration strategy and followed record monthly rebar output of 24,823.5 MT.
ASM Technologies (+2.78%) board approved a preferential issue of up to 10.79 lakh shares to four non-promoter investors for ₹525.99 crore. The shares were proposed to be issued at ₹4,875 apiece. SBI Mutual Fund was set to invest around ₹401 crore and emerge with a 5.25% take. The four investors were expected to collectively hold 6.88% after allotment, subject to shareholder approval.
Adani Airport Holdings planned to raise around $1 billion through a primary equi-ty investment from domestic and global investors. The transaction valued AAHL at around $18 billion on a pre-money basis and included Alpha Wave, Premji Invest, Temasek and BlackRock-managed funds. The investors were expected to receive around 5.54% in AAHL after the transaction. The funds were earmarked for airport expansion, passenger infrastructure, Airport City development and non-aeronautical businesses.
Organic Recycling Systems (-0.64%) secured its third EPCOM contract from BPCL within a week, with the latest order valued at ₹92.41 crore including GST. The con-tract was awarded to its wholly owned subsidiary Solapur Bioenergy Systems for a municipal solid waste-based compressed biogas plant in Kozhikode. The latest award took ORSL’s cumulative BPCL orders to ₹259.71 crore. The three contracts had been secured across Karnataka, Chhattisgarh and Kerala within six days.
Kiri Industries (-6.35%) wholly owned subsidiary Equinaire Holdings emerged as the successful bidder for a 40% stake in Philippines-based Makilala Mining Compa-ny. The acquisition involved 2 crore shares for a cash consideration of $5.01 million, excluding taxes and other transaction costs.The stake was linked to the MCB cop-per-gold project in Kalinga province.
Kiri said the acquisition was intended to secure long-term copper concentrate sup-plies for its greenfield copper project.
Adani Enterprises (+5.13%) executed a shareholders’ agreement to facilitate an eq-uity raise by subsidiary Adani Airport Holdings. The transaction involved identi-fied investors subscribing for up to 5.54% of AAHL’s equity. Investors included Al-pha Wave, Premji Invest, Temasek and BlackRock-managed funds. The agreement was aimed at strengthening AAHL’s financial capacity and expanding its investor base.
Coforge (-5.38%) fell after independent director and Chairman Om Prakash Bhatt resigned with immediate effect. An internal audit had identified process and dis-closure gaps in the board evaluation exercise. The company said the issue had no impact on its financial statements, operations or guidance. Coforge appointed an interim chairperson following the resignation.
Bajaj Hindusthan Sugar (-5.78%) fell 5.91% amid pressure across sugar stocks. The sector faced selling pressure after government measures tightened dealer stock-holding limits. Earlier export and import policy measures aimed at managing do-mestic sugar prices and supply also weighed on sentiment.
Graphite India (+15.04%) gained after GrafTech International announced a mini-mum 30% increase in graphite electrode prices. The price hike was expected to support realisations and margins for domestic graphite electrode producers. The move came after capacity adjustments aimed at restoring sustainable pricing levels.
India Nippon Electricals (+17.02%) and touched fresh all-time and 52-week highs.
Responsive Industries (+14.41%) rose amid continued momentum in the stock.
No fresh company-specific trigger was identified for the session.
Indo Rama Synthetics (+14.87%) gained and touched a fresh 52-week high.
The stock continued to reflect momentum following an earlier improvement in profitability and sales.
Chembond Material Technologies (+11.45%) amid continued momentum following positive quarterly performance. Earlier results had shown improvement in revenue and profit in its specialty chemicals business. The stock extended its recent gains on the back of those improving fundamentals.
Share India Securities (+10.85%) gained following recent corporate developments.
The NCLT had approved the amalgamation of Silverleaf Capital Services with the company.
Dividend-related activity also remained among the recent developments support-ing investor interest.
Likhitha Infrastructure (+8.75%) amid continued interest following earlier order wins.
It had previously secured notable domestic and international pipeline contracts.
No fresh large order was identified as the immediate trigger for the session’s move.
Chennai Petroleum (+10.06%) as refining stocks benefited from Brent crude moving closer to $100 a barrel. Elevated West Asia tensions and supply concerns supported crude prices.
The move raised expectations of improved refining margins for refiners.
Other stocks declining 4% or more included Bhageria Industries (-4.99%), Gujarat Themis Biosyn (-4.96%), Sula Vineyards (-4.88%), Genesys International Corporation Limited (-4.82%), Cartrade Tech (-4.71%), Balaji Amines Limited (-4.69%), Ig Petrochemicals Limited (-4.68%), Thangamayil Jewellery (-4.63%), Infosys (-4.34%), Aarti Pharmalabs (-4.31%), and PTC Industries (-4.00%).
Other stocks rising 4% or more included - Confidence Petroleum India (+10.06%), Huhtamaki India (+6.84%), Mangalore Refinery And Petrochemicals (+6.65%), Antelopus Selan Energy (+6.39%), Orchid Pharma (+6.11%), Va Tech Wabag (+6.10%), RACL Geartech (+6.08%), Jindal Stainless (+6.03%), Aegis Logistics (+5.94%), RPSG Ventures (+5.67%), Chemfab Alkalis (+5.31%), Dreamfolks Services (+5.23%), Quess Corp (+5.19%), Adani Enterprises (+5.13%), Mrs Bectors Food Specialities (+5.08%), Enviro Infra Engineers (+5.03%), Craftsman Automation (+5.03%), Sarda Energy & Minerals (+5.00%), Menon Bearings (+5.00%), Stallion India Fluorochemicals (+5.00%), Standard Engineering Technology (+4.99%), India Glycols (+4.98%), Concord Enviro Systems (+4.98%), One 97 Communications (+4.88%), Datamatics Global Services (+4.61%), Max Healthcare Institute (+4.48%), Subros (+4.46%), and SML Mahindra (+4.06%).The company-specific triggers and had tracked broader market and sector weakness:
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
