Overview

• After eight consecutive gains, the Sensex fell 118.96 points to 81,785.74 and the Nifty lost 44.80 to 25,069.20, while Bank Nifty closed higher at 54,887.85.
• Merchant bankers expect roughly a dozen IPOs to seek about ₹10,000 crore over the next two to three weeks, with price bands due to be announced in the coming days.
• Paisalo Digital disclosed a promoter purchase of 4.5 million shares and set a September 17 committee meeting to consider equity issuance tied to partial FCCB conversion.
• Servotech Renewable Power reported a trade agreement with Mauritius-based Enovra Energy Solutions for exclusive representation to supply and install EV chargers and solar solutions in Mauritius.
• MIC Electronics said it received two Indian Railways LOAs worth ₹1.76 crore, and Maharashtra Scooters declared a 1,600% dividend (₹160 per share) with a September 22 record date and payment targeted around October 13.