The Rs. 650 crore Kusumgar IPO witnessed strong investor participation on its final day of bidding, supported by healthy demand across investor categories. The grey market premium also remained strong, indicating positive sentiment ahead of the expected listing.
Alpine Texworld has announced that its Rs. 126.25 crore IPO will open for subscription on July 14. The textile manufacturer plans to utilise the proceeds for capacity expansion, working capital requirements and general corporate purposes.
The upcoming SBI Funds Management IPO has generated significant interest among institutional and retail investors ahead of its opening next week. The issue is expected to be one of the largest IPOs of 2026, with a dedicated reservation for eligible SBI shareholders.
Date 09.07.2026
NIFTY OUTLOOK: 23882.05 FII 1962.80 cr DII 790.16 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as profit booking at high take the nifty extreme down upto 23805.2
Indian equity markets staged a partial recovery after witnessing their steepest single-day decline in nearly three months.
Crude oil prices moved higher for a third consecutive session after renewed U.S. military strikes on Iran increased concerns over energy supplies through the Strait of Hormuz.
Gold and silver prices declined for another session as higher crude oil prices and renewed geopolitical tensions raised concerns over inflation and future interest-rate hikes.
Adani Enterprises has partnered with French climate-tech company Dioxycle to develop low-carbon chemical manufacturing solutions in India.
Tata Consultancy Services remained under investor watch ahead of its quarterly earnings announcement.
Senco Gold continues expanding its retail presence by opening new showrooms across multiple cities, supported by strong demand in the jewellery segment.
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