Indian benchmark indices are set for a muted opening on Friday, even as global markets rallied to record highs after the US Federal Reserve cut interest rates by 25 bps to 4% and signalled the possibility of two more reductions before year-end.

At 8:20 am, the Gift Nifty was up by 10.5 points, or 0.04%, at 25,469.50, indicating a muted start for the Sensex and Nifty. In Thursday’s session, the BSE Sensex climbed 320.25 points, or 0.39%, to settle at 83,013.96, while the NSE Nifty50 settled at 25,423.60, up 93.35 points or 0.37%.

In the overnight trade, Wall Street settled in positive terrain with all the major indices hitting new record highs. The S&P 500 rose by 0.48%, the Nasdaq by 0.94%, and the Dow Jones Industrial Average by 0.27%. 

The Asian markets also witnessed mixed trends. Japan’s Nikkei 225 index recorded fresh highs and is currently up by 0.75%, while Singapore’s Straits Times was down by 0.12%. South Korea’s KOSPI declined by 0.44%, and the Shanghai Composite dipped by 0.22%. 

Stocks in focus:

Adani Group - Sebi cleared allegations of regulatory violations and fraudulent practices by Hindenburg Research against the Adani Group. 

Vedanta - The company notified the exchanges that it has been declared as 'Preferred Bidder' for the Punnam Manganese Block. As per the tender document, the Punnam Manganese Block is at the G4 level of exploration with a total area of 152 hectares for the block.

JSW Energy - JSW Neo Energy Limited (JSWNEL), a wholly-owned subsidiary of the Company, has signed a definitive agreement with Statkraft IH Holding AS to acquire 100% equity shares of Tidong Power Generation Private Limited (TPGPL), having a 150 MW under-construction hydro power project.

Waaree Energies - Waaree Power Private Limited, a wholly owned subsidiary, will subscribe to 76% of the share capital of Racemosa Energy (India) Private Limited. As per the filing, Racemosa Energy (India) Private Limited will become a step-down subsidiary of the Company after the closing conditions are fulfilled.

One Mobiqwik Systems -The company informed an isolated technical issue on September 11-12, 2025, which led to certain failed transactions being incorrectly marked as successful, resulting in unauthorised payouts to some merchants in and around the Nuh district of Haryana. 

IDBI Bank - The Government of India has withdrawn the nomination of Sushil Kumar Singh as Nominee Director on the Board of the Bank with immediate effect.