Brokerage firms have shared their latest ratings on various companies. 📌Citi has a neutral view on Infosys, 📌InCred holds SBI Life, 📌CLSA rates ICICI Bank as outperform, 📌Morgan Stanley is overweight on Suzlon Energy, and 📌Goldman Sachs recommends buying Marico. These ratings reflect current market trends and company performance.

Shares of life insurance companies like SBI Life and HDFC Life fell up to 3.3% on the BSE on Tuesday after the much-awaited GST rate cut on health insurance has been postponed to the November meeting. SBI Life shares went down by 3.3% to Rs 1,839.50 and the shares of HDFC Life tumbled 3% to Rs 714.20. Star Health and Allied Insurance Company’s shares fell 1.4% to a day’s low.

Mrs Bectors Food QIP Success: Mrs Bectors Food Specialities Limited has successfully raised ₹400 crore through a Qualified Institutions Placement (QIP), according to an exchange filing on September 10. The company issued 25,80,645 new equity shares at ₹1,550 per share, which includes a premium of ₹1,540 per share.

Apart from providing a part exit to marquee investors such as Singapore’s GIC and Tiger Global, the initial public offering (IPO) of the electric two-wheeler Ather Energy will also see several venture debt funds receive a collective payout of Rs 378 crore. Venture debt funds provide loans to startups and earl-stage companies, which use these funds for funding acquisitions, capital expenditure.

H.G. Infra Engineering Ltd share price gained 5.5% in the morning trades on Tuesday. The company announced receipt of ₹780 crore order. H.G. Infra Engineering Ltd share price opened at ₹1526.40 on the BSE on Tuesday, around 4% higher than previous close of ₹1461.50. H.G. Infra Engineering share price thereafter gained further to intraday highs of ₹1542 , marking gains of around 5.5%.

Dollar remained steady in early trade on Tuesday, with yen retreating from one-month highs as investors await U.S. inflation data and rethink expectations for a big interest rate cut from Fed beginning next week. A mixed labour report released on Friday failed to make a clear argument for whether the Fed will decrease interest rates by 25 bps or 50 bps at its decision meeting on September 17-18.

NBCC‘s share price has surged over 100% since the start of the year, but analysts at Nuvama think the stock still has some steam left. The NBCC Analyst: Analysts at Nuvama Institutional Equities maintained the “hold” rating on the stock with a price target of ₹198. The target indicates an around 15% upside from the stock’s last closing price of ₹173.67.

Electric two-wheeler maker Ather Energy's cost of imports from China went up 28 percent, or around Rs 442 crore, in the financial year 2023-24 even as it sourced the remaining 72 percent of the materials from the domestic market. In FY23, the total cost of materials consumed through China imports was around 10 percent, or Rs 157.9 crore.

Shares of Pharma companies manufacturing anti-cancer drugs rallied up to 4.4% as the Finance Minister Nirmala Sitharaman in the 54th GST council meeting announced that the Goods and Services Tax (GST) on cancer drugs will be reduced to 5% from an earlier 12%. In reaction to the update, pharma stocks like Astrazeneca Pharma surged 4.4%, Fortis Healthcare was up 3%, and Natco Pharma rose 2.5%.

Growing risks to the U.S. stock rally are driving demand for portfolio hedging, as investors face economic uncertainty, shifting Federal Reserve policy, and a looming presidential election. The Cboe Volatility Index is elevated, reflecting concerns over potential market swings ahead of the high-stakes debate between Kamala Harris and Donald Trump.

Pradhin share price was locked in at 5% upper circuit of ₹50.77 apiece on the BSE Tuesday after the company announced the import of aromatic chemicals from Thailand, in its largest ever order. Pradhin stock price hit upper circuit for the second straight session. The company said it will import Aromatic Chemicals from Python Chemical Company Ltd, Thailand.

Hewlett Packard Enterprise’s shares dropped 6.4% in extended trading after the AI server maker announced a $1.35 billion mandatory convertible preferred stock offering to fund its acquisition of Juniper Networks. Earlier this year, HPE said it would acquire the networking equipment manufacturer for $14 billion in an all-cash deal, in an attempt to enhance the company’s AI offerings.

JSW Energy on Tuesday, September 10, said its subsidiary JSW Neo Energy has been awarded a Letter of Award (LoA) for a 600 MW wind-solar hybrid power project from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) under its Phase IV initiative. This includes a 400 MW allocation under the green shoe option, JSW Energy said in a stock exchange filing.

A Kenyan court suspended a government plan to allow India’s Adani Airport Holdings Ltd. to operate its main airport for 30 years until it rules on the matter. The High Court issued the order prohibiting any person from implementing or acting on the privately initiated proposal by Adani until the matter is determined, according to Faith Odhiambo, president of the Law Society of Kenya.

Oracle beat estimates for quarterly results and forecast second-quarter revenue growth above estimates on Monday, boosted by growing demand for its cloud offerings, sending its shares up over 9% in trading after the bell. The Texas-based company's push into the cloud computing market is showing promising results and it has started narrowing the gap with market leaders Microsoft and AWS.