Global investment giant Goldman Sachs has reaffirmed its Nifty 50 target of 26,500 by June 2027, signaling a strong belief in India’s market recovery. This comes despite a challenging first half for Indian equities, which saw the Nifty 50 fall significantly. For retail investors, understanding the reasons behind this bullish outlook and the specific sectors […]
Just Dial’s stock price exploded on the NSE today, jumping nearly 15% after the company announced its first-quarter results for fiscal year 2027. While the headline numbers of a Rs 166.2 crore net profit and a 10% revenue increase look good, the real story is a bit more complex. The market is reacting to something
The Big Mainboard Entry Next Week Gujarat-based integrated textile player Alpine Texworld Limited (formerly known as Alpine Spinweave) is set to launch its maiden public book-building issue next week. The subscription window formally opens on Tuesday, July 14, 2026, and closes on Thursday, July 16, 2026. The company has established an official price band of
The Big Final Bidding Window on Monday Kolkata-based power cables and transmission infrastructure player Laser Power & Infra Limited is heading into its final day of public bidding this coming Monday, July 13, 2026. The ₹742-crore mainboard public issue, which carries an upper price band of ₹203 to ₹214 per equity share, closed its first
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
