India is set to raise a significant 1.79 trillion rupees from IPOs of state-run firms by 2030, part of a larger $183.7 billion asset monetisation drive. Key sectors like railways, power, petroleum, aviation, and coal will see stake sales. This initiative aims to boost government revenue and streamline operations across vital public enterprises.Read More

Software companies are delaying debt fundraising due to rising borrowing costs and increased lender scrutiny, driven by AI’s potential to disrupt traditional business models. This caution is evident in credit markets, with wider spreads for riskier borrowers and a slowdown in new financing deals as firms await market stability.Read More

MobiKwik shares surged up to 13% after its subsidiary received BSE approval to commence stock broking operations, completing key regulatory steps. The move marks the company’s expansion into financial services. Despite the rally, the stock remains significantly below its IPO and listing price levels.Read More

India’s economy is experiencing strong GDP growth, driven by fiscal and monetary stimulus and new trade deals with the US and EU. While past growth didn’t translate to corporate earnings, improving inflation and nominal GDP are expected to boost profits, attracting foreign investment and signaling a positive market outlook for the longer term.Read More

The Indian Rupee experienced a dip of 7 paise against the US Dollar, trading at 90.96 in early trade. This decline was influenced by escalating global crude oil prices and a strengthening dollar. Domestic equity markets also opened on a weak note, adding pressure. However, foreign institutional investor inflows provided some stability, preventing a steeper...Read More

Wall Street experienced a sharp downturn as renewed trade policy uncertainty and concerns over the technology sector’s outlook prompted a defensive market shift. Investors moved capital into safe-haven assets like gold and U.S. Treasuries, reflecting heightened global caution. Private credit market anxieties, particularly regarding U.S. software exposure, further amplified market stress.Read More

Aditya Shah of Hercules Advisors believes IT sector sentiment is overly negative, presenting buying chances. He advises caution on banks like IDFC First Bank and AU Small Finance Bank due to recent issues. Cigarette stocks face policy risks. Shah favors private banks, seeing potential in SBI, ICICI Bank, and HDFC Bank.Read More

Indian IT stocks including Infosys and Wipro may face selling pressure after Anthropic said its Claude Code tool can modernise COBOL-based legacy systems. The announcement triggered up to a 5% fall in US-listed ADRs, intensifying concerns that AI could disrupt traditional IT services and software business models.Read More

Clean Max Enviro Energy’s Rs 3,100 crore IPO entered Day 2 with a muted grey market premium and 34% subscription on Day 1. While institutional demand remained strong, retail interest was weak. Brokerages are divided, with some advising caution on valuations and others recommending long-term investment potential.Read More

Gaudium IVF and Women Health IPO entered its final bidding day with a 6.33% grey market premium and three times overall subscription on Day 2. Strong retail and NII participation offset weak QIB demand. Brokerages have recommended subscribing, citing improving financials and growth prospects in India’s fertility services market.Read More