Page 5 - Indian Stock Market
ESDS Software IPO sails through on 1st day, GMP at 77%; check reviews
ESDS Software Solution IPO price band is at ₹408 to ₹429 per share. Investors can apply in lots of 34 shares.
 "ESDS Software IPO sails through on 1st day, GMP at 77%; check reviews")
6 months of West Asia war: Market winners, losers & the road ahead
At the bourses, meanwhile, investors sought refuge in realty, pharma and the metal pack. Their respective indexes on the NSE gained up to 17 per cent thus far, ACE Equity data shows.
 "6 months of West Asia war: Market winners, losers & the road ahead")
Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS
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.
 "Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS")
Markets not yet pricing in rate hike possibility: Aditya Khemka, InCred
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.
 "Markets not yet pricing in rate hike possibility: Aditya Khemka, InCred")
Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more
Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.
 "Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more")
HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit
On a year-to-date (YTD) basis, HDFC Bank has declined 28 per cent and remains 8 per cent lower than in the last five years.
 "HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit")
Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL
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.
 "Ashika bullish on defence pack on global rearmament wave; favours BEL, HAL")
IPO frenzy: Why retail investors need to look beyond subscription, GMP buzz
What attracts retail investors to an IPO is primarily the buzz created around the issue on social media, grey markets, and the level of subscription.
 "IPO frenzy: Why retail investors need to look beyond subscription, GMP buzz")
Stocks to watch: ICICI Pru AMC, Tata Power, BEL, Adani Energy, GR Infra
Stocks to watch today: Navratna defence PSU Bharat Electronics Limited (BEL) has secured additional orders worth ₹730 crore since the last disclosure on August 10, 2026.
 "Stocks to watch: ICICI Pru AMC, Tata Power, BEL, Adani Energy, GR Infra")
Promoter borrowing against shares crosses ₹7 trillion amid expansion push
Promoters of NSE-listed companies have raised over ₹7 trillion against their shareholdings, with borrowing increasingly used to fund expansion, acquisitions and new ventures
 "Promoter borrowing against shares crosses ₹7 trillion amid expansion push")
Hindustan Copper OFS Day 2: Stock up 3%; should retail investors apply? Analysts' view here
In the Hindustan Copper OFS, the government is selling over 5.80 crore shares or up to 6 per cent (including a 3 per cent green shoe option) at a floor price of ₹514 apiece.
 "Hindustan Copper OFS Day 2: Stock up 3%; should retail investors apply? Analysts' view here")
Stocks to watch: Varun Beverages, Groww, Welspun Corp, HEG, Tata Motors PV
Stocks to watch today: The offer for sale (OFS) by Hindustan Copper will open for retail investors today following an overwhelming demand seen on the first day.
 "Stocks to watch: Varun Beverages, Groww, Welspun Corp, HEG, Tata Motors PV")
IIFL Finance shares crack 8% after ₹963-crore tax demand for subsidiary
Despite today's fall, IIFL Finance shares remain 8.7 per cent higher on a year-to-date (YTD) basis and 47 per cent for the last one year.
 "IIFL Finance shares crack 8% after ₹963-crore tax demand for subsidiary")
Shankesh Jewellers shares list at 11% premium, beat expectations
On NSE, Shankesh Jewellers shares listed at Rs 103.30, a premium of 11.08 per cent over the offer price of Rs 93. Meanwhile, on BSE, the stock debuted at Rs 102.20, up 9.89 per cent.
 "Shankesh Jewellers shares list at 11% premium, beat expectations")
TCS reverses early gains, down 1%: What deal with Porsche means for company
Brokerages JM Financial and Emkay Global maintained their 'ADD' ratings on TCS stock following the strategic deal announcement with Porsche.
 "TCS reverses early gains, down 1%: What deal with Porsche means for company")
Stocks to watch: Hindustan Copper, TCS, Refex Industries, Lenskart, Suzlon
Stocks to watch today: Hindustan Copper OFS will be launched by the government today, while TCS has signed an agreement with Porsche.
 "Stocks to watch: Hindustan Copper, TCS, Refex Industries, Lenskart, Suzlon")
Welspun Corp extends rise, jumps 4% to new high on robust order book
Welspun Corp share price hit a fresh high of ₹2,400 on the BSE, up 4 per cent against the last closing price of ₹2,306.40.
 "Welspun Corp extends rise, jumps 4% to new high on robust order book")
Vishal Mega Mart shares rally 9.5% on re-appointment of CEO for five years
Gunender Kapur was appointed MD and CEO for a period of three years, with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027.
 "Vishal Mega Mart shares rally 9.5% on re-appointment of CEO for five years")
Lalithaa Jewellery shares shine bright on market debut, list at 32% premium
Lalithaa Jewellery share price: Lalithaa Jewellery IPO shares were quoting at ₹276 in the grey market, signalling a listing pop of 37.31 per cent.
Stocks to watch: ZEEL, Vodafone Idea, Jubilant Pharmova, Power Grid, BoB
In the commodity market, oil prices eased, with Brent crude futures down 1.29 per cent at $93.17 and the US West Texas Intermediate crude lower by 1.38 per cent at $85.86.