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Dialysis services leader Nephrocare Health Services, operating under NephroPlus, has received Sebi’s approval to launch its IPO, comprising a ₹353.4 crore fresh issue and 1.27 crore shares OFS. Proceeds will fund new dialysis centres, debt repayment, and corporate needs.
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Wall Street’s main indexes opened higher on Monday, with risk sentiment aided by signs of progress in Washington to end a record U.S. government shutdown that has stalled economic data releases and intensified concerns over the state of the economy.
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Global financial giants Goldman Sachs and HSBC are now optimistic about Indian stocks. They predict substantial gains by 2026. This positive outlook comes even as foreign investors have been selling shares. The analysts believe India has been oversold. Their calls offer a new perspective for investors considering the Indian market.
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Edtech giant PhysicsWallah secured Rs 1,563 crore from anchor investors ahead of its IPO opening. The company’s Rs 3,480 crore public offering, set to launch soon, aims to fund expansion, including new centers and technology. Promoters will also offload shares. PhysicsWallah targets a valuation exceeding Rs 31,500 crore.
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Indian markets closed higher on Monday with Sensex up 319 points and Nifty rising 82 points, tracking global optimism over a potential US government shutdown resolution and strong Q2 earnings-driven investor sentiment.
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