Advance Agrolife’s IPO saw a 9% subscription on Day 1, with retail investors showing strong interest. Shares are trading at a 10% grey market premium, suggesting a likely listing around Rs 110–111. The IPO closes on October 3, with listing expected on October 8.Read More

The Rupee has weakened against major currencies, but volatility remains low. Market participants view this move as controlled. Stable macro fundamentals, with Brent crude below 70 dollars and reserves above 700 billion dollars, provide comfort. Future Rupee weakness may serve as a policy lever. Any such adjustment is expected to be gradual.Read More

Japan’s two-year bond yield surged to a 16-year high after its weakest auction demand in 16 years, driven by hawkish central bank comments and increased supply. Investors grew cautious amid debates on early interest rate hikes. However, declining U.S. Treasury yields limited the overall increase.Read More

The dollar/rupee swap rate increased on Tuesday. This rise was linked to quarter-end flows. The spot rate stayed stable. It remained near its all-time low. Banks parked excess dollars. Markets now anticipate the Reserve Bank of India’s policy. The RBI will decide on interest rates tomorrow. This decision will guide the rupee’s direction.Read More

Seshaasai Technologies shares fell nearly 7% from their listing price post-debut, sliding to Rs 405.80 on the BSE after opening with a modest premium over its IPO.Read More

Pace Digitek IPO: The IPO is trading at a 5.5% premium over its Rs 219 issue price in the grey market, unchanged from Day 2 and down from the earlier 14% premium.Read More

IME Capital’s Ashi Anand suggests OMCs are short-term trading opportunities, not long-term bets, due to persistent government intervention risks in fuel pricing and future uncertainties from renewable energy. He also advises investors to avoid electrical goods amid potential US tariffs, emphasizing the high policy uncertainty and recommending waiting for clarity on long-term business economics.Read More

Coforge shares rose to Rs 1,584 after CLSA initiated coverage with an ‘outperform’ rating and a Rs 2,346 price target, citing strong growth in financial services and travel segments.Read More

At the end of Day 1 bidding, Fabtech Technologies’ IPO was 70% subscribed, with strong participation from QIBs and retail investors. OM Freight Forwarders’ IPO was oversubscribed 1.39 times, led by high demand from NIIs and solid interest from retail and institutional investors.Read More

Bitcoin and Ethereum Price Today: Major cryptocurrencies, Bitcoin and Ethereum, surged on Tuesday, driven by positive market sentiment following gold’s record rally. Bitcoin climbed over 2% to $114,421, while Ethereum rose nearly 2% to $4,203. Experts link this momentum to institutional interest and Bitcoin’s historical correlation with gold, despite potential volatility.Read More