Nifty Financial Services

Investors Weigh Growth, Valuation, BSE’s Rising Options Share Amid NSE IPO

BSE Limited faces increased investor scrutiny as the National Stock Exchange (NSE) prepares for its IPO. Analysts are weighing NSE's valuation against BSE's, noting NSE's strong derivatives focus and BSE's growing share in equity options. The competitive landscape and regulatory risks in derivatives trading are key factors for investors evaluating both exchanges.

Mirae Asset BSE Select IPO ETF FoF(G)-Direct Plan

The Mirae Asset BSE Select IPO ETF FoF(G)-Direct Plan, managed by Ekta Gala and Vishal Singh, was incepted on March 18, 2025. Its current NAV is ₹11.63 as of September 16, 2026, with a 1-year return of -5.43%. The fund has an expense ratio of 0.14% and a minimum SIP of ₹99.

Rupee down nearly 6% in 2026, further weakening possible: Axis Bank

Axis Bank projects the Indian rupee could weaken further after a nearly 6% depreciation this year. The bank's research indicates the rupee's real effective exchange rate (REER) has fallen to levels last seen in 2013. This potential weakening is attributed to sustained terms of trade shocks and productivity shifts.

Shriram Finance sees strong CV demand despite price hikes, EV financing surges five-fold

Shriram Finance expects strong commercial vehicle demand despite price increases, driven by economic activity. The company's electric vehicle financing has surged five-fold to ₹250 crore monthly and is projected to reach ₹500 crore next year. Shriram Finance also plans to grow gold loans significantly and expand its branch network.

State Bank of India Stock Update: SBIN Rises 0.69% on Positive Sector Mood

State Bank of India (SBIN) stock rose 0.69% to ₹998.20 in early intraday trade, extending gains amid positive sentiment in the banking sector. The upward movement is partly attributed to the impending IPO of the National Stock Exchange, where SBI is a selling shareholder. The bank is also expanding its wealth management services.

SENSEX, NIFTY50 trade on a flat note; Reliance, Bajaj Finance gain, HDFC Bank, Infosys fall

Bajaj Finance Limited gained while the broader SENSEX and NIFTY50 indices traded flat. Reliance also saw gains, contrasting with declines in HDFC Bank and Infosys. The article primarily consists of disclaimers and regulatory information from a brokerage firm.

Shriram Finance plans $500 million bond buyback

Shriram Finance plans a $500 million bond buyback for bonds maturing in 2027 and 2028. This move aims to reduce borrowing costs, leveraging free cash flows and a recent rating upgrade. The upgrade followed Mitsubishi UFJ Financial Group's acquisition of a 20% stake in the company.

SBILIFE Share Price rises 2.18% on fundamentals

SBI Life Insurance Company Ltd. (SBILIFE) shares rose 2.18% to close at Rs 1,689, up Rs 36 from its previous close. The company's market capitalization reached Rs 1,65,853.68 crore. The stock traded near its day's high, opening at Rs 1,671.20 and touching a low of Rs 1,658.95.

Paytm, SBI, YES, ICICI Bank shares rally after govt introduces 0.4% MDR on merchant UPI payments

ICICI Bank shares rallied after the government introduced a 0.4% Merchant Discount Rate (MDR) on UPI payments exceeding ₹2,000 made to merchants, effective October 15. This new charge is expected to create a significant revenue pool for banks and payment players. Analysts estimate the banking system could accrue roughly 60% of an incremental annual ecosystem revenue pool of ₹16,000–17,000 crore.

ICICI Bank Ltd Stock (IBN) Opened Down by 3.08% on Sep 15: Facts Behind the Movement

ICICI Bank Ltd (IBN) stock opened down by 3.08% due to broader macroeconomic headwinds affecting emerging markets. Increased crude oil prices, elevated U.S. Treasury yields, and a strong U.S. dollar led to foreign investor outflows from Indian equities. Concerns over net interest margin compression from deposit competition also contributed to the decline.