Page 32 - Latest Updates on Stock Market
Markets hit 9-month closing highs on Fed rate cut hopes, weak dollar
The BSE Sensex ended the day at 83,756, a gain of 1,000 points or 1.2 per cent. The Nifty 50 finished the session at 25,549, up by 304 points or 1.2 per cent
 "Markets hit 9-month closing highs on Fed rate cut hopes, weak dollar")
Strong mkt leadership, robust demand should help IndiGo stock gain altitude
India is expected to see close to 10 per cent CAGR in passenger volumes over next two-three years and it is among the lowest penetrated markets per capita despite being the third-largest
 "Strong mkt leadership, robust demand should help IndiGo stock gain altitude")
French fries maker Hyfun Foods may expedite its IPO plans to fund growth
"The IPO plans are still at a discussion stage but we do plan to reach there in next 2-3 years," Soundararadjane told Business Standard in an interaction
 "French fries maker Hyfun Foods may expedite its IPO plans to fund growth")
Jefferson Capital valued at $1.2 billion after strong Nasdaq debut
The US IPO market has recovered in recent weeks after President Donald Trump's shifting trade policies rattled investors and froze new listings earlier this year
 "Jefferson Capital valued at $1.2 billion after strong Nasdaq debut")
S&P 500, Nasdaq near record highs as interest rate-cut bets creep up
The benchmark S&P 500 and tech-led Nasdaq were about 1% below their all-time peaks at Wednesday's close, following a truce in the Middle East conflict
 "S&P 500, Nasdaq near record highs as interest rate-cut bets creep up")
Suntech Infra Solutions IPO Day 2 update: Subscription rises 13x, GMP 29%
Suntech Infra Solutions IPO Day 2, subscription status: The SME offering has received bids for 2,36,78,400 shares, against 36,92,800 on offer
 "Suntech Infra Solutions IPO Day 2 update: Subscription rises 13x, GMP 29%")
HDB Financial IPO Day 2 update: Subscription lags at 69%, employees lead
HDB Financial Services IPO Day 2 subscription status: The issue received bids for 9,02,77,760 shares compared to 13,04,42,855 shares on offer
 "HDB Financial IPO Day 2 update: Subscription lags at 69%, employees lead")
Sambhv Steel IPO Day 2 update: Subscription rises 90%, NIIs lead demand
Sambhv Steel Tubes IPO Day 2 subscription status: NSE data shows that the mainline issue received bids for 4,35,68,616 shares against 4,92,06,100 shares on offer
 "Sambhv Steel IPO Day 2 update: Subscription rises 90%, NIIs lead demand")
Breakout stocks: KNR Cons, Apar, NH and 2 others may see up to 23% upside
Kirsloskar Brothers, EID Parry and Narayana Hrudayalaya among 5 stocks trading above the higher-end of the Bollinger Bands, thus indicating a technical breakout on the daily charts.
 "Breakout stocks: KNR Cons, Apar, NH and 2 others may see up to 23% upside")
Kalpataru IPO sees muted demand; subscription lags at 35%, GMP nil
Kalpataru IPO subscription status Day 3: The portion reserved for retail individual investors was booked 72 per cent, followed by non-institutional investors at 45 per cent
Indogulf Cropsciences IPO opens today: GMP at 10%, should you subscribe?
Ahead of the issue, Indogulf Cropsciences allocated 5.25 million equity shares to anchor investors at the upper price band of ₹111 per share to raise ₹58.19 crore
 "Indogulf Cropsciences IPO opens today: GMP at 10%, should you subscribe?")
Sudeep Pharma files DRHP with Sebi for IPO, plans major capex expansion
Sudeep Pharma's IPO consists of a fresh issue of equity shares aggregating to ₹95 crore, and an OFS of 10.07 million equity shares
 "Sudeep Pharma files DRHP with Sebi for IPO, plans major capex expansion")
Ellenbarrie Industrial IPO Day 2 update: Subscription lags at 20%, GMP 6%
Ellenbarrie Industrial Gases IPO Day 2 subscription: The company raised ₹256 crore from anchor investors ahead of the IPO
 "Ellenbarrie Industrial IPO Day 2 update: Subscription lags at 20%, GMP 6%")
Kalpataru IPO Day 2 update: Check subscription status, GMP, listing date
Kalpataru IPO subscription status Day 2: The mainline IPO has been subscribed only 20 per cent, according to NSE data
Safe Enterprises IPO allotment today; check status, GMP, listing date
Investors can check their status on the official websites of the NSE and Maashitla Securities
 "Safe Enterprises IPO allotment today; check status, GMP, listing date")
SBI Card stock up 48% in 2025: Time to bet amid rising spends?
SBI Card share price has surged by 48 per cent thus far in 2025; long-term technical chart shows that the stock is likely to trade with a favourable bias as long as it holds above this key level.
 "SBI Card stock up 48% in 2025: Time to bet amid rising spends?")
Sambhv Steel invites bids for ₹540 crore IPO: GMP 6%, should you subscribe?
Sambhv Steel Tubes IPO: Shares of Sambhv Steel are scheduled to make their D-street debut on Wednesday, July 2, 2025
GNG Electronics IPO gets Sebi nod; seeks to raise ₹450-cr via fresh issue
GNG Electronics IPO comprises a fresh issue of equity shares aggregating up to 450 crore, along with an OFS of up to 5.1 million equity shares
Globe Civil Projects IPO Day 1: Subscription nears 5x, QIBs lead demand
Globe Civil Projects IPO Day 1 subscription status: The demand was led by Qualified Institutional Buyers (QIBs) who subscribed to the portion booked for them 8.05 times
 "Globe Civil Projects IPO Day 1: Subscription nears 5x, QIBs lead demand")
Bumper debut! Eppeltone Engineers lists at 90% premium, beats GMP estimates
Eppeltone Engineers listed at ₹243.2 on the NSE SME platform, with a premium of 89.8 per cent from the issue price of ₹128
 "Bumper debut! Eppeltone Engineers lists at 90% premium, beats GMP estimates")