Page 20 - Markets News

July emerges hottest month for IPOs in 2025, with cos raising over ₹10k cr

The surge in activity this month has been driven by favourable listing performances, consolidation in secondary mkt, and last-minute rush by companies looking to avoid updated financial disclosures

Technical glitch delays Multi-Commodity Exchange trading by an hour on Wed

A technical outage delayed trading on the Multi-Commodity Exchange by an hour, as brokers were unable to place orders until the issue was resolved at 10:15 am

Street gives thumbs up to Dixon Technologies after Q1 beat estimates

The company's strategy includes deeper relationships with existing clients and looking for backward integration

NSE issues retail algo trading rulebook, mandates strategy registration

The guidelines issued on Tuesday mandate registering all algo strategies, which will be given unique identification (ID)

Weak demand outlook to weigh on sales, margins of Colgate Palmolive

Sentiment for the stock, which has shed 15 per cent over the past three months, continues to remain bearish given the weak demand outlook

Equity MF schemes may soon be allowed to dabble in gold and silver

Some believe this will provide fund managers greater flexibility to navigate market volatility during periods of uncertainty, while others say the move could introduce complexities

Bharti Airtel surpasses TCS to become India's third-most-valuable company

The telecom major was valued at ₹11.45 trillion, while TCS' market capitalisation stood at ₹11.43 trillion

US trading firm Jane Street confirms it will comply with directive: Sebi

Sebi confirms that Jane Street has complied with its directions to cease unfair trading practices and deposited ₹4,843.57 crore in an escrow account to resume operations in the domestic market

Milky Mist files DRHP for largest dairy IPO in India, raising ₹2,035 cr

Milky Mist Dairy Food has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹2,035 crore through an IPO, marking the largest IPO in India's dairy space to date

India VIX at 15-month low as market stays calm; muted volatility to persist

India VIX, the measure of market volatility in the domestic market, has fallen for the third straight month and is down 37 per cent so far since May

Risky options: Sebi should continue to educate retail investors carefully

A large number of retail traders dabble in futures & options (F&Os), drawn by high leverage and hopes of high returns

Street Signs: Nifty adrift in choppy waters, IFSCA nets ghost firms, more

Nifty logs third straight weekly drop amid earnings jitters; IFSCA takes action against ghost firms in GIFT City; IPO pipeline swells ahead of July 31 deadline

IPO-bound Indiqube Spaces' net loss narrows to ₹140 crore in FY25

Indiqube Spaces narrows its FY25 net loss to ₹139.61 crore, improving from the previous year. The company plans to raise ₹700 crore through its upcoming IPO opening July 23, 2025

Tourism boom, rising spend give wings to travel companies' IPO plans

Last week, airport quick service restaurant player Travel Food Services listed on BSE to raise Rs 2,000 crore

NSDL plans to start taking investor orders for IPO from next week

The expected proceeds exceed the approximately $400 million estimated by people familiar with the matter in June

Factor fund launches shift to active space with momentum, multi-factor

Mutual funds are expanding from passive to active factor-based offerings, launching momentum and multi-factor funds as quant strategies gain industry-wide traction

Sebi fines Prabhudas Lilladher ₹11 lakh for violating market norms

Capital markets regulator Sebi has levied a fine of Rs 11 lakh on Prabhudas Lilladher after finding the financial services firm in violation of several regulatory provisions, including misuse of client funds and incorrect margin reporting. The order came after the Securities and Exchange Board of India (Sebi) along with the exchanges NSE, BSE and MCX carried out a comprehensive joint inspection of Prabhudas Lilladher Pvt Ltd. The inspection period was from April 1, 2021, to October 31, 2022. One of the major findings was the alleged misuse of client funds on three occasions, where the net available balance (G) was negative, peaking at a shortfall of Rs 1.89 crore, thereby violating breach of market norms, the regulator said in the order on Wednesday. Further, violations included incorrect reporting of peak ledger balance in cash & cash equivalent, client registration process, and analysis of weekly enhanced supervision data, as per the order. Additionally, Sebi also found that the

How to build a smart portfolio? Dhiraj Relli of HDFC Securities suggests

Selecting ETFs with high liquidity and low tracking error is essential to ensure efficient execution and minimised deviation from benchmark indices

Gift City may see its first IPO soon, marking a new era for unlisted firms

Ed-tech firm among half dozen eyeing direct listing at financial hub

Anthem Biosciences IPO subscribed 73 pc on Day 1 of offer

The initial public offer of Anthem Biosciences Ltd got subscribed 73 per cent on the first day of share sale on Monday. The initial share sale received bids for 3,21,13,406 shares against 4,40,70,682 shares on offer, according to NSE data. Non-institutional Investors category garnered 1.55 times subscription, while the quota for Retail Individual Investors (RIIs) got subscribed 58 per cent. The portion for Qualified Institutional Buyers (QIBs) received 37 per cent subscription. Anthem Biosciences has raised Rs 1,016 crore from anchor investors. The Rs 3,395-crore IPO of the Bengaluru-based firm will close on July 16. The price band has been fixed at Rs 540-570 per share. Since the IPO is entirely an offer-for-sale (OFS), the company will not receive any funds from the issue, and the proceeds will go to the selling shareholders. Anthem is into innovation-driven and technology-focused Contract Research, Development and Manufacturing Organization (CRDMO) with fully integrated operat