Indian Markets Eye Fresh Highs as Crude Cools, FIIs Return, Trade Deal Nears
Indian equities are staging a determined recovery from their late-March lows. A confluence of macro tailwinds building beneath the surface suggests the Nifty 50 has a credible path back to its all-time high before the calendar year is out. The benchmark closed near 24,270 on July 4 and pushed aboveContinue Reading
India’s Defence Sector Just Hit a Production Record, Which Stocks Actually Benefit
Rs 1.78 trillion in production, Rs 384 billion in exports, private sector scaling fast — the cycle is real. But execution and localisation now separate the winners from the rest. SOIL and BEL lead the picks. India’s defence sector has arrived at a genuine inflection point. Production in FY26 reachedContinue Reading
Laser Power & Infra Ltd. IPO: What You Should Know
A three-decade-old integrated power cable and conductor manufacturer from West Bengal hits the market with a Rs 742 crore issue Laser Power & Infra Ltd., an integrated manufacturer of power cables, conductors, and specialised power transmission and distribution products, opens for subscription on July 9 with the issue closing onContinue Reading
Kusumgar Ltd. IPO: What You Should Know
A niche manufacturer of engineered fabrics for defence, aerospace, and industrial applications hits the market with a Rs 650 crore pure offer-for-sale Kusumgar Ltd., a manufacturer of woven, coated, and laminated synthetic fabrics — referred to as engineered fabrics — opens for subscription on July 8 with the issue closingContinue Reading
Trump Plays Spoilsport: Sensex Sheds 1,677 Points, Nifty Cracks Below 23,900 as Iran Ceasefire Collapses
Worst session in over three months as West Asia flare-up sends crude higher, VIX spikes, and every sector on the Street bleeds red. Mumbai bulls entered Wednesday with cautious optimism and left it nursing the worst bruises of the quarter. The BSE Sensex tumbled 1,677.12 points, or 2.15 per cent,Continue Reading
Devson Catalyst SME IPO: What You Should Know
A Gujarat-based indigenous manufacturer of catalysts, adsorbents, and ceramic balls plans to raise Rs 40.21 crore via the BSE SME platform. Devson Catalyst Ltd., an indigenous manufacturer of catalysts, adsorbents, and ceramic balls used as key materials in industrial processing, opens for subscription on July 9 with the issue closingContinue Reading
Happy Steels Ltd. SME IPO: What You Should Know
A 1996-founded manufacturer of safety-critical forged and machined driveline components plans to raise Rs 23.75 crore via the NSE SME platform. Happy Steels Ltd., an integrated manufacturer of safety-critical forged and machined transmission and driveline components, opens for subscription on July 9 with the issue closing on July 13. TheContinue Reading
It Is No Longer Just a Food Delivery Company
Blinkit crossing EBITDA breakeven with 2,243 stores and counting, and a concert economy bet that could add USD 125 million to EBITDA by FY30 There is a version of the Eternal story that most investors know — a food delivery platform that fought a bruising competitive battle, survived, and emergedContinue Reading
IC Electricals Co. Ltd. SME IPO: What You Should Know
A Railways-focused electronic systems and equipment manufacturer plans to raise Rs 45.51 crore via the NSE SME platform. IC Electricals Co. Ltd., an engineering and manufacturing company specialising in electronic equipment for Indian Railways, opens for subscription on July 3 with the issue closing on July 7. The companyContinue Reading
India’s IT Sector Is Facing Its Most Uncomfortable Quarter in Years
GenAI deflation is accelerating, West Asia is hitting revenues, guidance midpoints are out of reach — Kotak cuts fair values by up to 21% and tells investors to back challengers over incumbents The India IT sector has spent the last eighteen months navigating a slowdown that most analysts expected toContinue Reading