India’s largest asset manager, SBI Funds Management, is gearing up for its mega Initial Public Offering (IPO) from July 14-16, 2026, with a price band of Rs 545-574 per share. This public listing comes at a time when the Indian mutual fund industry, now managing over Rs 81 lakh crore in assets, is witnessing a

The Indian primary market is buzzing with activity today, July 10, 2026, as several Initial Public Offerings (IPOs) are attracting significant investor interest, reflected in their Grey Market Premiums (GMPs). Kusumgar Corporates is leading the pack with an impressive GMP, while upcoming offerings from SBI Funds Management and Laser Power and Infra are also generating

HFCL shares saw a significant rally of over 4% on Friday, July 10, 2026, closing at Rs 217.25 on the NSE. This surge follows the announcement of a substantial Rs 495.8 crore export order for optical fiber cable-based data centre connectivity solutions. This latest win adds to the company’s already robust order book and comes

In a significant development, veteran investor Prashant Jain, through his 3P India Equity Fund I, along with 29 other prominent investors, has acquired a Rs 1,655 crore stake in SBI Funds Management. This pre-IPO placement, executed on July 9, 2026, saw shares change hands at Rs 574 apiece, which is the upper end of the

HDFC Bank shares saw a positive movement on July 9, 2026, closing at Rs 817.55, up 0.89 percent. This rise comes after the bank released a strong business update for the first quarter of Fiscal Year 2027, which appears to be driving investor sentiment. Meanwhile, the bank also announced mixed revisions to its lending rates,

The much-anticipated Initial Public Offering (IPO) of SBI Funds Management Ltd. (SBIFML) is a topic of keen interest for many, especially the 38 lakh (3.8 million) shareholders of its parent, State Bank of India (SBI). While the IPO is still in the pipeline, the question on everyone’s mind is: what portion will be reserved for

Shares of Apollo Micro Systems Ltd. saw a rise of over 1% today, July 09, 2026, as reports confirmed the company is nearing a significant acquisition. The Hyderabad-based defence electronics firm is close to acquiring Premier Explosives Ltd. in a deal valued between Rs 2,300 crore and Rs 2,500 crore. This move is not just

Shares of food and quick commerce platforms Swiggy and Eternal (parent of Zomato) both saw significant rallies today, July 09, 2026. Swiggy Limited jumped over 6%, while Eternal Ltd. surged nearly 4%. For retail investors, such rapid movements often raise questions about whether to participate. This article explains the key reasons behind these rallies and

Good news for salaried Indians! The Employees’ Provident Fund Organisation (EPFO) has started crediting the 8.25% interest for the financial year 2025-26 into member accounts. You can expect to see this updated balance in your passbook by July 15, 2026. This is a significant step, especially as the credit process is happening much faster than

Kalyan Jewellers India Ltd. saw its shares surge by 9.00% today, continuing a strong two-day rally that has pushed the stock up by over 15%. This significant movement comes after the company released a robust business update for the first quarter of the financial year 2026-27, signalling strong operational performance. For retail investors, understanding the