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Patanjali Foods Ltd is up for a third straight session today. The stock is quoting at Rs 379.4, up 1.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 23816.5. The Sensex is at 76935.59, up 0.02%. Patanjali Foods Ltd has gained around 6.66% in last one month.
Meanwhile, Nifty FMCG index of which Patanjali Foods Ltd is a constituent, has gained around 3.29% in last one month and is currently quoting at 45580, up 1.03% on the day. The volume in the stock stood at 18.33 lakh shares today, compared to the daily average of 43.88 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 379.9, up 1.56% on the day. Patanjali Foods Ltd is down 33.79% in last one year as compared to a 6.64% slide in NIFTY and a 17.35% slide in the Nifty FMCG index.
The PE of the stock is 18.85 based on TTM earnings ending June 26.
Patanjali Foods Ltd fell for a fifth straight session today. The stock is quoting at Rs 346.5, down 0.93% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 22650.05. The Sensex is at 73281.69, up 0.22%.Patanjali Foods Ltd has eased around 11.34% in last one month.Meanwhile, Nifty FMCG index of which Patanjali Foods Ltd is a constituent, has eased around 5.78% in last one month and is currently quoting at 42680.7, down 0.08% on the day. The volume in the stock stood at 12.89 lakh shares today, compared to the daily average of 33.29 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 346.1, down 0.9% on the day. Patanjali Foods Ltd tumbled 41.32% in last one year as compared to a 12.77% slide in NIFTY and a 24.42% fall in the Nifty FMCG index.
The PE of the stock is 17.6 based on TTM earnings ending June 26.
Patanjali Foods Ltd gained for a third straight session today. The stock is quoting at Rs 401.1, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 23342.75. The Sensex is at 74572.59, down 0.38%. Patanjali Foods Ltd has risen around 14.6% in last one month.
Meanwhile, Nifty FMCG index of which Patanjali Foods Ltd is a constituent, has risen around 3.81% in last one month and is currently quoting at 45900.9, down 0.4% on the day. The volume in the stock stood at 118.36 lakh shares today, compared to the daily average of 43.71 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 401.2, up 0.82% on the day. Patanjali Foods Ltd is down 33.13% in last one year as compared to a 7.26% drop in NIFTY and a 17.3% drop in the Nifty FMCG index.
The PE of the stock is 19.86 based on TTM earnings ending June 26.
FMCG shares rebounded after tumbling in the four consecutive trading sessions.
At 11:25 IST, the barometer index, the S&P BSE Sensex jumped 308.41 points or 0.41% to 74,305.75. The Nifty 50 index added 112.05 points or 0.50% to 23,233.35.
In the broader market, the BSE 150 MidCap Index fell 0.02% and the BSE 250 SmallCap Index shed 0.44%.
The market breadth was weak. On the BSE, 1,621 shares rose and 2,355 shares fell. A total of 264 shares were unchanged.
Initial Public Offer (IPO):
Manika Plastech received bids for 21,56,40,984 shares as against 2,13,86,919 shares on offer, according to stock exchange data at 11:05 IST on 16 September 2026. The issue was subscribed10.08 times.
The issue opened for bidding on 11 September 2026 and will close on 16 September 2026. The price band of the IPO is fixed between Rs 40 and 43 per share. An investor can bid for a minimum of 348 equity shares and multiples thereof.
Jindal Supreme(India) received bids for 1,80,26,687 shares as against 93,99,600 shares on offer, according to stock exchange data at 11:05 IST on 16 September 2026. The issue was subscribed 1.92 times.
The issue opened for bidding on 16 September 2026 and will close on 18 September 2026. The price band of the IPO is fixed between Rs 130 and 140 per share. An investor can bid for a minimum of 107 equity shares and multiples thereof.
Hero Motors received bids for 4,78,75,414 shares as against 8,86,07,596 shares on offer, according to stock exchange data at 11:09 IST on 16 September 2026. The issue was subscribed 0.54 times.
SS Retail received bids for 31,95,990 shares as against 87,93,884 shares on offer, according to stock exchange data at 11:09 IST on 16 September 2026. The issue was subscribed 0.36 times.
Economy:
India's Unified Payments Interface (UPI) will roll out a targeted Merchant Discount Rate (MDR) regime effective 15 October 2026, ending a years-long blanket zero-MDR policy to build a self-sustaining funding base for network infrastructure, cybersecurity, and platform scalability.
Under the new guidelines notified by the National Payments Corporation of India (NPCI) and the Reserve Bank of India, a standard 0.4% MDR—capped at Rs 300 for high-ticket purchases—will apply strictly to commercial person-to-merchant (P2M) payments above Rs 2,000, while essential utilities and fuel will draw a flat Rs 5 fee and capital market transfers are levied at 0.02%. Retail consumers and individual peer-to-peer (P2P) transfers remain entirely insulated from charges, as do small merchants processing under Rs 1 lakh a month and all transactions up to Rs 2,000, which together account for over 95% of daily UPI transaction volumes.
India’s current account deficit widened to $11.2 billion during April-July 2026 from $6.6 billion in the corresponding period a year earlier, mainly due to a higher merchandise trade deficit. The goods trade gap increased to $117.8 billion in the first four months of the financial year from $97.1 billion a year ago, as imports grew faster than exports. Meanwhile, net services receipts rose to $69.3 billion from $64.3 billion in April-July 2025.
Buzzing Index:
The Nifty FMCG index jumped 1.67% to 45,577.55. The index fell 2.01% in the past four trading sessions.
Patanjali Foods (up 4.74%), Marico (up 2.82%), Colgate-Palmolive (India) (up 2.4%), Godrej Consumer Products (up 2.18%), Tata Consumer Products (up 1.86%), ITC (up 1.53%), Nestle India (up 1.45%), United Spirits (up 1.18%), Hindustan Unilever (up 1.04%) and Britannia Industries (up 0.94%) advanced.
Global Markets:
Most Asian equity benchmarks traded higher on Wednesday, supported by regional gains ahead of the US Federal Reserve's monetary policy announcement. The upward movement occurred alongside elevated crude oil prices and higher US Treasury yields.
In Japan, trade deficit widened significantly to JPY 1,105.6 billion in August 2026 from JPY 294.1 billion a year earlier. It marked the fourth consecutive month of deficit and the largest since January, as imports grew faster than exports. Imports surged 28.0% year-on-year to JPY 11,153.9 billion, following a 27.9% rise in July, marking the strongest growth since November 2022. Exports rose 19.3% to JPY 10,048.4 billion.
US indices declined on Tuesday, driven by positioning ahead of the Federal Reserve meeting and rising bond yields. The Dow Jones Industrial Average fell 328.09 points, or 0.63%, to 52,093.11; the S&P 500 declined 0.45% to 7,585.73; and the Nasdaq Composite dropped 0.78% to 25,981.57. Certain technology shares recorded advances, with Qualcomm gaining over 4%, and Advanced Micro Devices and Coherent each rising approximately 2%.
The Federal Reserve is scheduled to release its interest rate decision on Wednesday. Market pricing reflects expectations of a 25-basis-point increase from the existing target range of 3.5% to 3.75%. Market attention is focused on the policy statement and accompanying commentary regarding inflation, economic conditions, and projected interest rate adjustments.
3M India Ltd, Patanjali Foods Ltd, Dr Lal Pathlabs Ltd, Godrej Industries Ltd are among the other stocks to see a surge in volumes on NSE today, 16 September 2026.
Tata Chemicals Ltd recorded volume of 223.29 lakh shares by 14:14 IST on NSE, a 31.72 times surge over two-week average daily volume of 7.04 lakh shares. The stock gained 2.13% to Rs.750.55. Volumes stood at 18.24 lakh shares in the last session.
3M India Ltd saw volume of 24597 shares by 14:14 IST on NSE, a 15.41 fold spurt over two-week average daily volume of 1596 shares. The stock increased 1.65% to Rs.32,110.00. Volumes stood at 2096 shares in the last session.
Patanjali Foods Ltd witnessed volume of 224.56 lakh shares by 14:14 IST on NSE, a 12.82 times surge over two-week average daily volume of 17.52 lakh shares. The stock increased 6.66% to Rs.361.10. Volumes stood at 25.68 lakh shares in the last session.
Dr Lal Pathlabs Ltd saw volume of 13.56 lakh shares by 14:14 IST on NSE, a 7.21 fold spurt over two-week average daily volume of 1.88 lakh shares. The stock dropped 0.39% to Rs.1,899.00. Volumes stood at 1.71 lakh shares in the last session.
Godrej Industries Ltd registered volume of 3.78 lakh shares by 14:14 IST on NSE, a 6.38 fold spurt over two-week average daily volume of 59139 shares. The stock rose 3.22% to Rs.1,139.50. Volumes stood at 51244 shares in the last session.
In the cash market, the Nifty 50 index advanced 99 points or 0.43% to 23,217.60.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 1.58% to 13.22.
HDFC Bank, Patanjali Foods and One 97 Communications (Paytm) were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The September 2026 F&O contracts will expire on 29 September 2026.