Shares of Adani Enterprises, Adani Green Energy, Adani Total Gas, AWL Agri Business and Adani Energy Solutions will be in focus on Wednesday after SEBI settled adjudication proceedings against the five Adani Group companies over alleged disclosure‑related violations. The five companies collectively paid ₹1.5 crore to settle the proceedings, which stemmed from SEBI’s examination of corporate governance and disclosure issues flagged in the January 2023 Hindenburg Research report. The settlement closes the proceedings, with Adani Enterprises paying ₹76.05 lakh, Adani Green Energy ₹45.50 lakh, and the other three companies ₹9.75 lakh each. The domestic equity market is expected to open lower on Wednesday, September 23, with the GIFT NIFTY futures suggesting that the NIFTY50 index will open 50 points lower.

Aditya Infotech, which operates the CP Plus brand, will be in focus after the company opened its ₹1,500 crore qualified institutional placement (QIP) on Tuesday. The company has fixed the floor price at ₹3,648.43 per share, with the issue price to be determined in consultation with the lead managers. Shareholder approval has been obtained to raise up to ₹1,500 crore, and the funds are expected to support debt repayment, capital expenditure, inorganic growth and general corporate purposes.

Persistent Systems will be in focus as the company on Tuesday, September 22, said it has acquired an additional stake in Nagarro SE. In a regulatory filing, the mid‑tier IT software services firm said it secured 75,68,145 shares, representing approximately 61.15% of Nagarro SE’s outstanding share capital. The acceptance period for the offer ended on September 17, 2026. Earlier this year, Persistent Systems picked a stake of 22.10% in Nagarro (excluding treasury shares) under a share purchase agreement with Lantano Beteiligungen GmbH.

Oil‑linked stocks such as upstream oil producers, oil marketing companies, paints, aviation and tyre companies will be in focus as crude prices ease on improving supply prospects from the Middle East. Brent crude fell below $100 a barrel after Saudi Arabia restarted its East‑West pipeline at a reduced rate, while hopes of diplomatic progress between the US and Iran also weighed on prices. Lower crude prices could pressure upstream producers such as ONGC and Oil India, while offering potential cost relief to downstream companies, airlines, paintmakers and tyre manufacturers.

IRB Infrastructure Developers will be in focus after IRB Infrastructure Trust entered into a share purchase agreement to transfer 100% equity in its project SPVs, Solapur Yedeshi Tollway Ltd and CG Tollway Ltd, to the listed IRB InvIT Fund. The two assets have an aggregate equity value of ₹2,744 crore, while their aggregate enterprise value stands at ₹4,605 crore, including existing external debt of ₹1,861 crore. The consideration will be received in cash, with the transaction expected to be completed by September 30, 2026, subject to relevant approvals. The two SPVs contributed around ₹306.6 crore, or 3.5%, to the Trust’s consolidated turnover in FY26.

Metal stocks such as Hindustan Copper, Hindustan Zinc, Vedanta, NMDC and GMDC will be in focus as the Mines Ministry will soon introduce an incentive scheme to promote the domestic processing of lithium and nickel, Mines Secretary Keshav Chandra said on Tuesday. The initiative is intended to support the creation of an integrated critical mineral value chain in the country and lower India’s dependence on imported processed materials. Neogen Chemicals is also expected to be in focus as the company has a strong presence in lithium‑based chemistry and is developing a battery‑materials business through its subsidiary Neogen Ionics. RHI Magnesita saw a divestment by Dalmia Bharat Refractories of more than 11% stake for ₹826 crore. STL Networks approved a wholly‑owned subsidiary for its data centre connectivity business. Aastha Spintex will allot 4.41 crore bonus equity shares under a 1:1 bonus issue. Star Health settled over 2.77 lakh claims amounting to more than ₹1,370 crore in Rajasthan. Pine Labs saw Mastercard exit by selling its entire 4.31% stake for ₹933 crore. Mahindra & Mahindra launched the Thar OG and expects strong demand during the festive season. LG Electronics India anticipates double‑digit sales growth this festive season. HCLTech secured a contract from M Group to transform IT operations across more than 200 locations.