Friday, 23 October 2026
marketsThe Nifty IT index fell over 2% on Monday, with major IT stocks like Infosys and Mphasis dropping around 3%. This decline is driven by concerns over a potential Federal Reserve rate hike, following strong US job growth data. Indian IT firms face challenges due to their reliance on US revenue.
marketsHEG shares fell 64% to Rs 260 on Monday due to a demerger adjustment. The graphite electrodes business has been transferred to HEG Graphite, while the existing company will focus on advanced materials. Shareholders will receive shares in both entities.
marketsSEBI has approved NSE's IPO draft, aiming to raise Rs 30,000 crore. This has led to a surge in IFCI shares, reflecting investor optimism. The IPO is expected to open around September 18, with a listing by September 25.



















