Market Bizzz

Market participants estimate the Kusumgar IPO’s grey market premium at around Rs 162, or nearly 39% above the upper issue price of Rs 419 per share. This implies an estimated listing price of about Rs 581.

On July 13, five Nifty 500 stocks that gained over 4% appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend.

Five stocks from the Nifty500 segment that gained over 5% featured in the RSI Trending Up scan on July 13 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

Investor enthusiasm stems from the fact that SK Hynix has morphed into a golden goose. It’s the world’s second-largest supplier of dynamic random-access memory chips, or DRAM, and the biggest when it comes to the high-bandwidth ones that are paired with Nvidia Corp.’s graphics processing units.

South Korea’s Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment boom worries. The Kospi index plunged over five percent in early trading sessions. Chip giant SK Hynix saw its shares dive more than ten percent. This occurred even after its US shares soared on Friday’s debut.

SK Hynix shares declined significantly in Seoul trading on Monday. This followed a strong debut for its American Depositary Receipts on Nasdaq. Investors booked profits after the successful U.S. listing concluded. Concerns about second-quarter earnings also impacted market sentiment. Shipment increases for HBM4 chips did not appear to materialize at scale.

Specialised Investment Funds saw assets grow significantly in June 2026. Total inflows into these funds also experienced a substantial increase. Hybrid Long-Short Funds continued their dominance within the SIF segment. The broader mutual fund industry also reported healthy investor participation during the month. SIP contributions reached a record high, indicating sustained retail interest.

Avenue Supermarts reported an 11.3% net profit increase for the June quarter. The company’s revenue from operations also saw a 14.9% year-on-year rise. EBITDA grew by 15.4% compared to the same period last year. The retailer’s EBITDA margin showed a slight improvement to 8%. These financial results reflect the company’s performance in the recent past.

Foreign investors have withdrawn nearly sixty percent of funds from India-focused equity. This capital shift is driven by global artificial intelligence investment opportunities and momentum. Investors pulled nine billion dollars from India funds in calendar year twenty twenty six. Gold funds saw a modest inflow after significant outflows, while US equities attracted fresh investment. Europe also registered its first weekly inflow in nearly three months.