Stock Market Live Updates Today: Sensex, Nifty extend gains as benchmarks strengthen in afternoon trade

Steamhouse India shares list at nearly 17 per cent premium over IPO price Shares of industrial gas producer Steamhouse India made a strong market debut on Thursday, listing at Rs 93 on the BSE, a 14.81 per cent premium over the IPO issue price of Rs 81. On the NSE, the stock opened at Rs 94.50, marking a 16.66 per cent premium. The company's market valuation stood at Rs 2,689.71 crore. The Rs 414-crore IPO was subscribed 30.49 times last week. The issue comprised a fresh issue of Rs 353 crore and an offer for sale of Rs 61 crore, with the price band set at Rs 77-81 per share. Steamhouse India had raised Rs 124.20 crore from anchor investors. Proceeds from the fresh issue will be used to repay part of the company's existing debt, expand capacity at its Ankleshwar and Panoli facilities, establish a new steam-generation unit at Dahej SEZ and meet general corporate requirements. Established in 2014, the company supplies industrial steam through dedicated pipeline infrastructure to customers in sectors including chemicals, textiles, pharmaceuticals, food processing, paper and manufacturing..Nifty 50 rises 37 points to 23,254, trades higher after early gains The Nifty 50 was trading 36.65 points, or 0.16%, higher at 23,254.25 at 11:32 am IST on Thursday. The index opened at 23,195.25, against the previous close of 23,217.60. It touched an intraday high of 23,325.40 and a low of 23,193.65, remaining in positive territory in late-morning trade..Sensex slips 9 points to 74,328 after early gains; trades near flat The BSE Sensex was trading 8.91 points, or 0.01%, lower at 74,327.55 at 11:32 am IST on Thursday. The index had opened at 74,182.62 against the previous close of 74,336.45. It touched an intraday high of 74,589.80 and a low of 74,163.95, showing a largely range-bound trend in late morning trade..Sensex gains 111 points in early trade, rises to 74,447; hits 74,590 high The BSE Sensex was trading 110.77 points, or 0.15%, higher at 74,447.23 at 10:34 am IST on Thursday. The index opened at 74,182.62, compared with its previous close of 74,336.45. During early trade, the Sensex touched a high of 74,589.80 and a low of 74,163.95..Top stocks to buy today: Stock recommendations for September 17 Aegis Logistics, Aarti Pharmalabs, and Just Dial - are the top stocks to buy recommended by Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth for September 17, 2026. Here is a detailed outlook into top stocks to buy today. .Nifty 50 rises 67 points to 23,285 in early trade, hits 23,290 intraday high The Nifty 50 was trading 67.25 points, or 0.29%, higher at 23,284.85 at 9:34 am IST on Thursday. The index had closed at 23,217.60 in the previous session and opened at 23,195.25. It touched a high of 23,290.10 and a low of 23,193.65 in early trade, indicating a mildly positive start to the session..Sensex gains 145 points, Nifty likely to track early gains as markets open cautiously The BSE Sensex traded 145.14 points, or 0.20%, higher at 74,481.59 at 9:33 am IST on Thursday. The index had closed at 74,336.45 in the previous session and opened at 74,182.62. During early trade, the Sensex touched a high of 74,484.01 and a low of 74,163.95, indicating a mildly positive start with limited movement so far..Nintendo, Konami, Sumitomo Pharma gain as investors rotate into lagging gaming, pharma stocks Gaming and pharmaceutical stocks attracted buying interest after lagging the broader Japanese market. Nintendo rose 3.8% and Konami gained 3.7%, while Sumitomo Pharma jumped 4.5%. The gains came as investors rotated towards sectors that had underperformed, even as oil-related stocks tracked the decline in crude prices. Inpex fell 3.3%..Japan tech stocks lag as investors await BOJ rate decision; Advantest, Tokyo Electron fall Interest rate-sensitive technology stocks remained weak ahead of the Bank of Japan's policy decision on Friday, with investors also pricing in the possibility of a slowdown in AI development, according to Nomura's Akiyama. The BOJ is widely expected to raise rates by 25 basis points. Chip-sector heavyweights Advantest and Tokyo Electron fell 1.9% and 2.2%, respectively, making them the biggest drags on the Nikkei. SoftBank Group rose 1%, while cable maker Fujikura gained 0.6%..Japan stocks rise as Nikkei gains on gaming, pharma shares; softer crude and Fed decision support sentiment Japan's Nikkei share average rose 0.2% on Thursday after gaining as much as 1% earlier in the session, as investors bought beaten-down gaming and pharmaceutical stocks. The broader Topix gained 0.6%. Sentiment was also supported by lower crude prices after Brent fell 2.6% overnight and by the US Federal Reserve's widely expected 25-basis-point rate hike. "A major factor behind the rise in stocks today is there have been developments that have somewhat alleviated some of the uncertainty in markets," said Wataru Akiyama, an equities strategist at Nomura Securities. "However, although gains are being seen across a wide range of sectors and stocks, the Japanese stock market cannot be described as being in a particularly strong position right now.".Stocks to watch today: Oil firms, Asset Reconstruction Company and Alembic Pharma in focus Domestic oil refiners, marketing firms and upstream exploration companies: Stocks will be in focus after the government lowered the windfall tax on exports of petrol, diesel and aviation fuel. Asset Reconstruction Company: Shares will list on the exchanges on Thursday after the company's Rs 733-crore IPO was subscribed more than 20 times last week. Alembic Pharma: The company will be in focus after the US drug regulator issued an establishment inspection report for its Vadodara bioequivalence facility..NSE IPO opens as primary market competes for investor liquidity The National Stock Exchange of India's IPO opens on Thursday, becoming the fifth active offering in the primary market. The exchange on Wednesday allotted shares worth Rs 6,746 crore ($703.07 million) to anchor investors, including Norway's and Abu Dhabi's sovereign wealth funds, at Rs 1,785 apiece, the upper end of the IPO price band. "With the IPO pipeline so crowded, a substantial amount of liquidity is likely to be absorbed by the primary market," said Arun Kejriwal, founder of Kejriwal Research and Investment Services. "Investor attention is overwhelmingly focused on new issues, leaving the secondary cash market relatively neglected.".Indian shares set for muted opening as Fed hike, crude prices and NSE IPO weigh on sentiment Indian shares are set for a muted start on Thursday after the US Federal Reserve raised interest rates by 25 basis points and signalled the possibility of another hike by year-end. GIFT Nifty futures were trading around 23,224.5 at 7:58 am IST, indicating a largely flat opening for the Nifty 50, which closed at 23,217.60 on Wednesday. Elevated crude prices and a crowded primary market are also expected to weigh on sentiment. The Fed's latest projections showed that 16 of its 18 policymakers expect at least one more 25-basis-point rate increase by the end of the year. Higher US rates could reduce the attractiveness of emerging markets such as India for global investors and may put pressure on IT stocks, which earn a significant share of their revenue from the US. Brent crude eased slightly to around $106 a barrel after reports that Saudi Arabia had offered additional cargoes through Oman, helping ease some supply concerns. However, restrictions around the Strait of Hormuz and continuing geopolitical tensions remain a risk for the oil market.