Saloni Goel

ESDS Software is expected to outpace Priority Jewels in terms of listing gains even though both offers garnered bids of over 100 times.

Adani Power share: The brokerage assigned a target price of ₹250 to Adani Power shares, valuing the company at 16x FY29E Ebitda, investments add ₹1 per share.

Growing inflation fears and expectations of monetary tightening by central bankers due to the spike in global oil prices are among the key drivers of the yields.

Analysts believe stronger earnings visibility and company-specific growth drivers have managed to drive this outperformance.

The auto pack delivered a strong performance in August on a yearly basis, with growth momentum sustaining across segments and players; however, some moderation was visible month-on-month, said Emkay.

Markets are cyclical and therefore will give you outsized returns in one year and undersized returns in another year. It's never always the same.

Analysts attribute the decline in most jewellery stocks to profit booking by investors and an appeal by PM Modi to avoid buying gold if not needed.

Deepa Jewellers IPO also commands a healthy grey market premium (GMP), increasing its appeal for investors. That said, certain risks like weak margins and customer concentration linger.

Milk Mist, which listed on the bourses on August 18 after a solid response to its initial public offering (IPO), trades 65 per cent above its offer price of ₹140 based on today's intraday high.

Skyways Air Services' shares debuted at ₹124 apiece on the National Stock Exchange, a 10.14 per cent discount to the initial public offer (IPO) price of ₹138 apiece.

Low-growth companies will not find favour, and better visibility of stronger growth over the medium term becomes a prerequisite to lure global investors, said Emkay.

So far this month, the IT index remains unchanged. In July, it recorded its best gain in six months following a 17 per cent rise.

Advent International and Blackstone-backed Aster DM Quality Care are in discussions to acquire a controlling stake in Yatharth Hospital.

ESDS Software Solution IPO price band is at ₹408 to ₹429 per share. Investors can apply in lots of 34 shares.

Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.

A rate hike expectation should have taken the valuation below its historical average, as the earnings growth for the Nifty 50 has been below the historical average, says Khemka.

The Nifty India Defence index is up 27 per cent on a year-to-date (Y-T-D) basis. It remains higher by 30 per cent in a year.

The shares of Lumino Industries are slated to list on BSE and NSE with a tentative date set as September 3.

According to Prime Database data, 21 IPOs are opening in August, up from 12 in July. This marks a sharp spike from the first half of the year.

According to data from ACE Equity, Nifty Metal has risen 19.74 per cent on a year-to-date (Y-T-D) basis and outpaced sectors like pharma, healthcare and media.