Airfloa Rail Technology’s IPO, oversubscribed by 301.5 times, is finalizing share allocation, with refunds and demat credits expected soon. The IPO price was Rs 133-140 per share. The company manufactures critical components for Indian Railways and also caters to aerospace and defence. Analysts anticipate a strong listing on the BSE SME platform, driven by high GMP, but caution about sustainability.
GHV Infra Projects shares in focus ahead of 3:2 bonus, 1:2 stock split. Last day to buy for eligibility
GHV Infra Projects share price: GHV Infra Projects has announced a 3:2 bonus issue and a 1:2 stock split, with Monday being the last day to buy shares for eligibility. The move is aimed at boosting liquidity and making the stock more accessible to investors.
Redtape shares in focus amid reported ongoing income tax investigation
Redtape Share Price: The Income Tax Department’s ongoing probe into Redtape has entered a forensic audit stage, with officials examining seized documents, devices, and recovered digital data. Findings reportedly point to undisclosed income worth several crores, keeping investors alert to possible market impact when trading resumes.
Bajaj Finance, GMDC among 5 stocks witness 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.
Indian markets eye rally on GST cuts, trade hopes & AI, defence boom: Ajay Bagga
Indian markets ended the week strongly, driven by GST cuts, hopes of US tariff concessions, and earnings recovery. Ajay Bagga highlights global liquidity, Fed rate cut expectations, AI-led IT revival, and defence sector’s multi-decade growth potential despite valuation concerns.
FIIs sell Rs 10,782 crore worth of Indian equities in September, so far. Can GST reform, GDP numbers change tide?
Despite Rs 10,782 crore worth of FII selling in September, Nifty has held firm for eight straight sessions. Analysts say improving macro signals, policy reforms, and potential Fed rate cuts could turn FIIs into buyers again and fuel fresh upside in equities.
Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities’ Rajesh Palviya
Indian equities are poised for a potential upswing, with Nifty targeting 25,300 and Bank Nifty aiming for 55,200, according to Axis Securities. Derivative data suggests a shifting base and increased upside potential. Midcap IT stocks, Hindustan Zinc, and National Aluminium are also expected to perform well. Samvardhana Motherson and Bajaj Finserv are top trading picks.
Sebi board meeting: 10 key takeaways from IPO reforms to mutual fund regulation tweaks
The Securities and Exchange Board of India approved reforms. These reforms relax norms for public offers and shareholding. Foreign investors will have easier market access. Real Estate Investment Trusts now have equity status. Exit load for mutual funds is reduced. There are changes to related party transactions. A new website, ‘India Market Access’, is launched for Foreign Portfolio Investors.
Bajaj Housing Finance to breathe easy after Sebi relaxes public shareholding rule
Sebi has eased minimum public shareholding norms for large companies, giving Bajaj Housing Finance more time to dilute promoter stakes. Firms between ₹50,000 crore and ₹1 lakh crore now get extended timelines, reducing market pressure and improving fundraising flexibility.
Sebi board meeting: REITs get equity status, move set to boost mutual fund investments
Sebi has reclassified Real Estate Investment Trusts (REITs) as equity, enabling greater mutual fund participation and index inclusion, while InvITs retain their hybrid status. The move aligns with global best practices and boosts liquidity, growth, and investor access.