By Aparna Deb,News18

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Stocks To Watch On September 18: Indian equities ended marginally higher on Wednesday in a quiet session, as optimism around policy reforms and steady domestic inflows balanced persistent foreign investor selling and caution ahead of the US Federal Reserve’s policy outcome.
The Sensex rose 0.38% to close at 82,693.71, while the Nifty50 gained 0.36% to settle at 25,330.25. Analysts said the index is inching toward the 25,500 mark, supported by banking strength and rotational buying across sectors.
Ajit Mishra, SVP, Research, Religare Broking, advised a “buy on dips” approach, noting support at the 25,050–25,150 zone, while urging moderation in position sizing amid likely global volatility.

Marico: The Income Tax Department carried out a nationwide survey at Marico’s offices, led by its Mumbai investigation wing. Details remain undisclosed, and the company did not comment.
Yes Bank: Japan’s Sumitomo Mitsui Banking Corporation (SMBC) signed a pact with Carlyle affiliate CA Basque Investments to acquire an additional 4.2% stake. This follows RBI’s nod last month allowing SMBC to raise its stake in Yes Bank up to 24.99%.
Waaree Energies: Promoter of Indosolar to offload up to 61 lakh shares (14.66% stake) via an Offer for Sale on September 18–19.
Ambuja Cement: A Delhi Court asked leading cement manufacturers Adani-owned Ambuja Cements and JSW Cement to resolve their trademark infringement dispute over “kawach” trademark amicably through mediation. Ambuja Cements was seeking to restrain JSW firms from infringing its trademark, alleging that the latter copied Kawach brand in its Jal Kavach cement.
ZEE: Media and entertainment company ZEE has appointed long-serving executive Siju Prabhakaran as Chief Business Officer (CBO) of its digital entertainment platform, ZEE5. In his new role, Prabhakaran will oversee ZEE5’s business strategy across India and international markets, with a clear focus on consumer experience, monetisation and profitability.
Apollo Tyres: Apollo Tyres said it will reduce product prices ranging between Rs 300 and Rs 2,000 to pass on the GST rate cut benefit to customers effective from September 22. Under the new pricing, the passenger vehicle tyres will see a reduction between Rs 300 and Rs 1,500, while the prices for truck/bus radial tyres will be slashed by Rs 2,000.
Cochin Shipyard: Secured a ₹200 crore order from ONGC for dry dock and repairs of a jack-up rig, to be executed over 12 months.
Biocon: Subsidiary Biocon Biologics received US FDA approval for Bosaya and Aukelso, biosimilars of Amgen’s Prolia and Xgeva.
Dixon Technologies: To acquire 51% in Kunshan Q Tech Microelectronics (India) for ₹553 crore, strengthening its presence in camera and fingerprint modules.
Poonawalla Fincorp: Board approved preferential allotment of 3.31 crore shares to promoter Rising Sun Holdings at ₹452.51 apiece, raising ₹1,500 crore.
JK Tyre: Received rectification orders cutting state-imposed tax penalties to 10% of GST amounts.
BR Goyal Infrastructure: Reported an order book of ₹1,442.93 crore as of August 31, with fresh contracts worth ₹434.3 crore booked since April.
Aavas Financiers: Shareholders cleared fundraising of up to ₹8,500 crore via non-convertible debentures (NCDs) over the next year.

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