ADANIENSOL’s Subsidiary Signs A PPA With MSEDCL, COCHINSHIP Approves 50:50 JV With Drydocks World Dubai & More

Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.

Nifty 50 and Sensex ended in the red for the third consecutive day after a volatile trading session on Wednesday, September 09, amid escalating US-Iran war. On the sectoral front, almost all indices ended lower, led by Nifty IT, while Nifty Metal, Nifty Commodities, and Nifty Energy emerged as the only gainers.  

Key Indices – Share Market

Today’s Top News from the Indian Share Market

ADANIENT₹3,104.70 +5.13%

Adani Enterprises’ subsidiary, Adani Airport Holdings, has entered binding agreements to raise ₹9,825 crore (~USD 1 billion) from investors including Alpha Wave Global, Premji Invest, Temasek, and BlackRock. Valuing AAHL at ~USD 18 billion, the investors will hold a 5.54% stake. Funds will support airport modernisation, capacity expansion to serve 200 million passengers, and the development of integrated Airport Cities.

TEGA₹1,678.30 +2.81%

Tega Industries announced that its subsidiary, Tega MC Global Holdings, has incorporated a new step-down subsidiary, Tega Molycop Management Consultancy L.L.C., in Dubai. With a capital of AED 100,000 and an 84.2% shareholding, the new entity will operate in the service industry, focusing on marketing research, management consultancy, and human resources consultancy.

SHREEJISPG₹713.10 +2.13%

Shreeji Shipping Global signed a Time Charter Party Agreement with AMNS Shipping and Logistics to deploy its 4,400 DWT vessel, “MV Sanghi Sudarshan,” for coastal cargo movement. The low-draft, fuel-efficient vessel was specially modified to transport steel coils along the Indian coastline. This deployment expands the company’s maritime logistics capabilities and strengthens its presence across India.

COCHINSHIP₹1,556.00 +1.82%

Cochin Shipyard’s board approved forming a 50-50 joint venture with Drydocks World Dubai to operate its International Ship Repair Facility (ISRF) in Kochi. The ISRF will be transferred to the joint venture via a slump sale for a minimum consideration of ₹1,800 crore. This partnership aims to augment India’s ship repair capacity, integrating global best practices and advanced technologies.

ADANIENSOL₹1,423.30 +1.11%

Adani Energy Solutions’ wholly-owned subsidiary, Powerpulse Trading Solutions, has signed a Power Purchase Agreement with MSEDCL. This follows an agreement where Adani Power assigned its Letter of Award to Powerpulse. The 25-year contract mandates the supply of 2,500 MW Round-the-Clock power, significantly strengthening the company’s power portfolio and multi-source energy aggregation capabilities.

LT₹3,922.60 -0.60%

Larsen & Toubro achieved a milestone by becoming India’s first private corporate to raise ₹500 crore through tokenised bonds using SEBI’s blockchain framework and CBDC settlement. Additionally, its hydrocarbon offshore business secured a “large” (₹2,500 cr – ₹5,000 cr) EPCIC order from ONGC for the ADR-I and NLM-14 projects, aimed at enhancing production from India’s west coast offshore assets.

Broader Market Performance Today

NIFTY MIDCAP 150₹22,990.95 -0.43%

NIFTY SMLCAP 250₹18,431.95 -0.51%

INDIA VIX11.92 +6.14%

Top Performing Sectors Today

Top Gainers

Company	Today’s Chg	LTP
Nifty MetalNIFTY METAL	+1.79%+235.45	13391.40
Nifty CommoditiesNIFTY COMMODITIES	+0.64%+62.40	9738.60
Nifty EnergyNIFTY ENERGY	+0.63%+240.15	38333.65

Top Losers

Company	Today’s Chg	LTP
Nifty Financial ServicesNIFTY FIN SERVICE	-1.24%-318.75	25376.80
Nifty RealtyNIFTY REALTY	-2.23%-19.85	872.20
Nifty ITNIFTY IT	-3.24%-969.45	28914.00

*Prices shown may have delay up-to 15 minutes

Today’s Top Gainers and Losers

Top Gainers

Company	Today’s Chg	LTP
Graphite India Ltd.GRAPHITE	+15.04%+110.40	844.65
Chennai Petroleum Corporation Ltd.CHENNPETRO	+10.06%+146.60	1604.40
Mangalore Refinery And Petrochemicals Ltd.MRPL	+6.65%+11.50	184.46
Jindal Stainless Ltd.JSL	+6.03%+44.55	783.30
Aegis Logistics Ltd.AEGISLOG	+5.94%+75.30	1343.40

Top Losers

Company	Today’s Chg	LTP
Coforge Ltd.COFORGE	-5.38%-105.00	1845.00
PVR INOX Ltd.PVRINOX	-5.04%-62.10	1169.20
CarTrade Tech Ltd.CARTRADE	-4.71%-149.60	3027.10
Infosys Ltd.INFY	-4.34%-47.00	1035.00
PTC Industries Ltd.PTCIL	-4.00%-950.00	22780.00

*Prices shown may have delay up-to 15 minutes

FII DII Activity (₹ Cr)

What’s Happening Beyond Markets?

• India’s wind turbine exports witnessed a significant jump of 50% during the financial year 2026. The Chief Executive Officer of IWTMA noted this milestone and stated that further growth is expected in the sector.
• India will debut in eleven new skill categories at the 48th WorldSkills Competition in Shanghai. Representing a contingent of nearly 70 competitors across 63 skills, this marks India’s largest and most diverse participation to date.
• The Department of Food & Public Distribution and the Food Corporation of India signed an MoU for FY 2026-27. This framework sets defined targets to improve operational efficiency, strengthen accountability, and accelerate foodgrain management modernisation.
• The Department of Telecommunications’ Financial Fraud Risk Indicator (FRI) has prevented over ₹5,000 crore in suspected cyber fraud since May 2025. This intelligence framework helps financial institutions block high-risk transactions before losses occur.
• The Directorate of Revenue Intelligence (DRI) intensified its crackdown on illegal drug trafficking, conducting eight operations nationwide. These operations resulted in the seizure of approximately 740 kg of cannabis and charas, alongside 13 arrests.

Corporate Actions 

Ex Date and Record Date: 11 September 2026

To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date. 

IPO Corner: Mainboard 

Active & Upcoming IPOs

How India Stopped Cheap Chinese Solar Imports

Back to Basics

Terms that put you one step ahead – every day

What is the Difference Between OpEx and CapEx?

In business, OpEx (Operating Expenses) and CapEx (Capital Expenditures) are the two main ways a company spends its cash. Think of a bakery again. OpEx covers the day-to-day costs of keeping the lights on, buying flour, paying your bakers, and utility bills. CapEx represents major, long-term investments, like buying a brand-new commercial oven or purchasing a delivery van.

In the stock market, you’ll see these treated differently in financial reports. OpEx is deducted from revenue immediately, directly impacting this quarter’s profits. CapEx provides value for years, so its cost is spread out over time. For everyday investors, this distinction is crucial. If a company suddenly has massive CapEx, they aren’t just burning cash; they are heavily investing in future growth. Understanding both helps you see exactly how a business is building for tomorrow.

Learn more: https://www.share.market/buzz/learn/opex-vs-capex/                                                             

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back to cut through the noise, so you can focus on investing intelligently.