NSE IPO: BSE's improving operating leverage and residual room to expand in cash equities, where NSE still holds ~93 per cent, have justified a scarcity-and-momentum premium for the listed exchange.
State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.
Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.
Lodha Developers was the top laggard in the Nifty Realty pack following a 7.56 per cent decline. Godrej Properties followed close behind as it declined 7.42 per cent.
Analysts attribute some selling in BSE shares seen today to NSE's IPO. They said as NSE edges closer to market debut, BSE would not remain the only listed player.
We find the large-cap segment to be the most fairly priced compared to mid and small caps at the broad level, says Ashwini Shami of OmniScience Capital.
Oil at $100: OMC stocks have already been punished significantly, and therefore investors are not reacting in panic after such a major fall, believe analysts.
Asset Reconstruction IPO price band is set at ₹132 to ₹139 per share. Investors can apply for one lot of 107 shares and its multiples thereof.
In just over five months of FY27, the government has raised Rs 557.6 crore from the stake sales in PSUs, meeting 70 per cent of its Rs 80,000 crore target.
Adani Enterprises, in an exchange filing, earlier today announced a stake sale of 5.54 per cent in Adani Airport Holdings Limited (AAHL) for ₹9,825 crore, or about $1 billion.
LCC Projects IPO: LCC's profitability metrics, decent valuations and improving debt profile propel analysts to assign a 'subscribe for long-term' rating to the IPO.
Kanohar Electricals' IPO price band is set at ₹601-632 per share. Investors can apply in lots of 23 shares.
According to ACE Equity data, BHEL stock has added 63 per cent in the last six months and significantly outperformed NTPC, which has lost 13 per cent.
The six IPOs opening on September 9 are Rentomojo, Asset Reconstruction Company (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering.
The company's IPO received a stellar response from investors and closed with 42.61 times bids at the end of the subscription period.
According to a Bloomberg report, copper prices rose for a fourth day on the London Metal Exchange (LME), touching an all-time peak of $14,617 a ton. The industrial metal is up 17 per cent this year.
Pranav Constructions IPO: Analysts have assigned a 'subscribe' tag to the offer based on its scalable business model, strong brand positioning, and high entry barriers in redevelopment.
ESDS Software Services shares were listed on Friday at a premium of 76 per cent and soon extended gains to trade over 100 per cent higher.
The CME FedWatch tool signals that market participants are pricing in a 58 per cent chance of a hike, as against 45 per cent a month ago.
The gains in base metals have powered several metal stocks like Hindustan Copper and NALCO, which rose 112 per cent and 77 per cent in a year.