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
BPCL shares: The company received an excise duty demand of Rs 1,816.65 crore from the Commissioner of Central Tax and Central Excise, Kochi. The amount includes Rs 476.94 crore in duty, Rs 1,339.70 crore in interest, and a Rs 95,000 penalty. BPCL said it is reviewing the order and plans to appeal before CESTAT.Read More
Waaree Energies secured a 500 MW solar module supply order from a domestic IPP, keeping the stock in focus. The company is also exploring battery storage expansion with significant capex plans. Strong quarterly earnings and improving margins further support investor interest in the renewable energy major.Read More
Following a significant 1.5-year consolidation, Indian equities show signs of a reset with compressed valuations and policy support. Alok Agarwal believes the bulk of the correction is over, highlighting metals, capital market plays, PSU, and regional private banks as potential leaders for the next market phase.Read More
IIFL Capital’s R Venkataraman sees India at an investment inflection point, driven by entrepreneurial spirit and strong fundamentals. He anticipates a return of foreign capital within months, viewing current FII outflows as a cyclical trend. Venkataraman also highlights AI’s potential for Indian financial services, emphasizing adoption over core technology development.Read More
Bharti Airtel plans to invest Rs 20,000 crore into its NBFC arm, Airtel Money, to expand its digital lending business. The move follows RBI approval and signals a strategic push into financial services, leveraging data and technology to scale credit access while diversifying beyond its core telecom operations.Read More
India’s SME IPO market, once a multibagger factory, is facing a sharp correction with negative returns and most recent listings trading below issue price. Liquidity issues and regulatory changes have made institutions hesitant, impacting valuations and exit mechanisms. While some see a healthy reset, concerns about the platform’s relevance persist if liquidity challenges remain unaddressed.Read More
Gold and silver prices saw a slight dip on MCX today. Investors are weighing a stronger U.S. dollar against global uncertainties. Geopolitical tensions and the reopening of Chinese markets are also influencing precious metal prices. Experts suggest buying gold and silver on dips, with specific price targets and stop losses provided for traders.Read More
Oil prices dipped slightly Tuesday after reaching near seven-month highs, as traders closely watched U.S.-Iran nuclear talks and U.S. trade policy uncertainties. Tensions remain high with renewed diplomatic efforts and concerns over potential military conflict, while Ukrainian drone strikes also impacted a key Russian oil pipeline.Read More
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