Om Freight Forwarders’ Rs 122 crore IPO opened on Monday with 20% subscription in early trade. Priced at Rs 128–135 per share, the issue includes a Rs 24.44 crore fresh issue and Rs 97.88 crore OFS. The grey market premium stands at 8%. Retail investors can enter with Rs 14,985, while HNIs must invest upwards...Read More

Vascon Engineers’ shares surged up to 14% to a 52-week high after signing a five-year MoU with Adani Infra as its execution partner. The collaboration covers projects from design to execution, with three Mumbai projects already identified, marking a long-term strategic partnership.Read More

Japan’s Nikkei slipped on Monday for a second consecutive day, retreating from record-high levels reached last week, as numerous stocks lost their dividend entitlements.Read More

European shares inched up on Monday as healthcare and technology shares rose, while investors focused on a possible U.S. government shutdown that could delay the release of key economic data.Read More

While volatility and global uncertainty dominate the short term, Nilesh Shah believes India’s consumption-led growth, structural reforms, and rising domestic flows will sustain the long-term equity story.. Indian markets are caught between FPI fear and domestic confidence. Shah predicts earnings recovery by FY27, driven by tax and rate cuts. Kotak AMC is accumulating IT stocks,...Read More

Reliance Power shares surged 2.7% after the company announced the sale of its Indonesian step-down subsidiaries for USD 12 million. The strategic divestment, involving a Share Purchase Agreement with Biotruster (Singapore) Pte. Ltd. for a 100% equity stake, was viewed positively by the market as a step to unlock value.Read More

Reliance Industries shares present a risk-reward proposition. Citi reports Jio or Retail units are valued at a 15 percent discount. Jio’s implied valuation is 15-25 percent below Bharti Airtel. Retail’s valuation is 15 percent below prior private equity deals. Citi sets a target price of Rs 1,690. This suggests over 22 percent upside potential. This...Read More

Hawkish dissent at the BOJ hints at a possible rate hike as soon as October, as markets weigh inflation and economic conditions.Read More

Indian equity markets will observe three trading holidays in October 2025. These closures are for Mahatma Gandhi Jayanti, Dussehra, Diwali Laxmi Pujan, and Balipratipada. A special Muhurat trading session will occur on October 21 from 1:45 pm to 2:45 pm. Markets will also close on November 5 for Prakash Gurpurb Sri Guru Nanak Dev and...Read More

Anil Agarwal’s Vedanta Resources plans a dollar bond sale. This move aims to repay higher-cost private debt. The company seeks to capitalize on lower borrowing costs. This potential offering follows a previous bond sale this year. It will help cover debt needs until September 2026. The firm also faces delays in its India unit’s demerger.Read More