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Kusumgar IPO GMP Hints At 35%+ Listing Pop As Issue Gets Fully Subscribed
The Mumbai-based engineered fabric firm will conclude its IPO subscription on July 10, with shares expected to list on BSE and NSE by July 15.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Kusumgar IPO Day 2: Check Latest GMP, subscription status, and other details - Apply or not?
Kusumgar Ltd.'s IPO entered Day 2 of subscription on July 10, aiming to raise ₹650 crore entirely through an offer for sale. The price band is set at ₹398 to ₹419 per share, closing on July 11, with listing on BSE and NSE on July 15.
Top India Asset Manager Sets Price Range for $1.22 Billion IPO - Bloomberg.com
Top India Asset Manager Sets Price Range for $1.22 Billion IPOBloomberg.com
SBI Fund Management IPO to open on July 14; SBI to sell 6.3% stake through OFS
The IPO comprises an offer for sale (OFS) of up to 20.37 crore equity shares, representing up to 10.0013% of SBI Funds Management's paid-up equity share capital.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.
Knack Packaging shares list at 10% premium, beat IPO GMP estimates
Knack Packaging shares listed at ₹188 apiece on the NSE and ₹186 on the BSE, against the IPO issue price of ₹170 per share
Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple
Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.
IC Electricals IPO allotment today: SME IPO subscribed 420x, GMP rises. Here's how to check status online
IC Electricals allotment date is likely to be finalised today, July 8. Investors can check your IPO allotment status online through the websites of NSE, BSE and the IPO registrar - Skyline Financial Services.
SpaceX set to join Nasdaq-100, triggering billions in passive fund inflows
Index inclusion comes just 15 trading days after the company's IPO, with funds tracking the benchmark expected to buy billions of dollars' worth of shares.
BlackRock to launch Nasdaq-100 ETF, challenging Invesco's dominance as AI rally boosts demand
The iShares Nasdaq 100 ETF, offered by the world's largest asset manager, will track the flagship U.S. index and start trading under the ticker on Thursday