The Rs 255 crore Rajputana Stainless IPO entered its final bidding day with modest grey market interest. The issue was subscribed 42% by the second day, led mainly by institutional investors. With a small grey-market premium and mixed investor demand, the IPO is drawing cautious attention ahead of its expected listing.Read More

IndiGo shares will be in focus after CEO Pieter Elbers resigned nearly three months after major operational disruptions that stranded passengers. Managing Director Rahul Bhatia will oversee operations temporarily. The airline also faces sector risks from rising crude prices and geopolitical tensions, though brokerages still see long-term growth potential.Read More

Nilesh Shetty of Quantum Advisors shifts from bullish to cautious on India due to Middle East conflict. He sees potential for prolonged market correction. However, Shetty identifies Indian IT services as a contrarian buying opportunity. He believes AI fears have unfairly punished these stocks. Shetty sees value in IT firms positioned to integrate AI into...Read More

Indian equity investors face an 18-month return drought, with the Nifty and smallcaps significantly below recent peaks. Despite fears surrounding AI and geopolitical tensions, strategists urge against raising cash, advocating for increased equity allocation due to attractive valuations and a potential market turn.Read More

Reliance Industries shares will be in focus after U.S. President Donald Trump announced a proposed $300 billion oil refinery project in Texas with investment backing from the Indian conglomerate. The facility at the Port of Brownsville is expected to boost U.S. energy output and exports, though Reliance has not confirmed the partnership.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Read More

Indian stock markets began Wednesday with minimal movement. The Sensex saw a slight increase, while the Nifty opened lower. Investors are closely watching the ongoing conflict between Iran and Israel-US. This cautious trading follows a sharp rebound in the previous session. Key sectors like Metal and Pharma showed gains, while Auto and FMCG faced declines.Read More

Five Nifty500 stocks gained more than 6% on March 10 and formed the bullish White Marubozu candlestick pattern, according to StockEdge technical scan data. The pattern signals strong buying pressure throughout the session and is often interpreted by traders as an indication of continued bullish momentum in the market.Read More

The IPO has been priced in a band of Rs 99 to Rs 100 per unit, with the issue consisting entirely of a fresh issuance of 60 crore units. Since the offering is a fresh issue, the proceeds will be used to fund the trust’s infrastructure assets and related obligations.Read More

The Rs 1,087 crore IPO of Sedemac Mechatronics had opened for subscription from March 4 to March 6. The public issue was entirely an offer for sale (OFS) of about 80.43 lakh shares, meaning the company itself will not receive any proceeds from the issue and the funds will go to existing shareholders selling their...Read More