Metal stocks were trading in the negative zone, with the BSE Metal index falling 377.72 points or 1.21% at 30945.6 at 13:42 IST.

This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance’s smaller peer Sammaan Capital

Some FPIs have sought legal avenue to avoid complying with rules requiring disclosure of ultimate beneficial ownership (BO) to the markets regulator Sebi as the deadline expires on Monday.
Two Mauritius-based foreign portfolio investors — LTS Investment Fund and Lotus Global Investment — have reportedly approached the Securities Appellate Tribunal (SAT) to seek urgent relief from adhering to Sebi’s new norms for foreign investors.
These two FPIs were named in the January 2023 report on Adani Group by the US-based short-seller Hindenburg Research.
They have asked SAT to direct Securities and Exchange Board of India (Sebi) to give more time to meet these rules.
Sebi set a deadline of September 9 for non-compliant FPIs that fail to provide detailed ownership disclosures to sell off their excess holdings and correct their violations.
On Friday, there were rumours that some overseas funds were rushing to sell their holdings ahead of Monday’s deadline.
“Even though Sebi’s deadline fo

RBL Bank Ltd is quoting at Rs 209.75, down 1.16% on the day as on 13:19 IST on the NSE. The stock tumbled 9.86% in last one year as compared to a 24.47% rally in NIFTY and a 7.51% spurt in the Nifty Private Bank index.

Zee Entertainment Enterprises Ltd is quoting at Rs 133.98, down 0.33% on the day as on 13:19 IST on the NSE. The stock jumped 15.34% in last one year as compared to a 24.47% rally in NIFTY and a 14.95% spurt in the Nifty Media index.