26 C 
Sensex, Nifty end sharply lower; PSU Bank shares bear brunt
Investors remained focused on movements in crude oil prices, developments in the US-Iran conflict, global bond yields, the currency market and activity in the primary market. Market participants are also tracking a series of domestic and global economic data releases scheduled during the week, which could influence expectations surrounding monetary policy decisions by central banks.
HR Conclave 2026 at RGIPT Bengaluru Highlights Leadership, AI and Skills for the Future of Work
Bengaluru (Karnataka) [India], September 28: The Rajiv Gandhi Institute of Petroleum Technology (RGIPT) Bengaluru Campus hosted HR Conclave 2026, bringing together leaders from industry, technology, human resources, entrepreneurship and academia to examine how artificial intelligence, automation and changing business models are reshaping the workplace and the capabilities young professionals will need to succeed.
Aegis Logistics board approves Rs 6,000 crore fund raising proposal
Aegis Logistics said that its board has approved a proposal to raise up to Rs 6,000 crore through one or more permitted equity or debt-linked instruments.
Paras receives order worth Rs 26.59 cr from DRDO
Rategain announces change in CFO
With effect from 29 September 2026
Arvind SmartSpaces adds new high-rise residential project in Bengaluru
Arvind SmartSpaces (ASL) said that the company has acquired a new residential high-rise project in Bengaluru with a top-line potential of Rs 470 crore.
Board of Aegis Logistics approves fund raising up to Rs 6,000 cr
At meeting held on 28 September 2026
A consumer commission in Gurdaspur has ordered MakeMyTrip to pay Rs 48,775 to an advocate whose family says the Srinagar and Gulmarg hotels they booked online could not be found, leaving them to spend a night in their car in the snow.
Godrej Properties will jointly develop a 2.5-acre luxury housing project in Mumbais Marine Lines, with an estimated revenue potential of 6,000 cr. The project is part of the companys expansion plan and comes amid strong demand for luxury homes in Mumbai.
New Delhi [India], September 28: Motorola, a global leader in mobile technology and India's leading AI smartphone brand, is bringing disruptive festive prices on its most powerful and stylish smartphone portfolio with the #BigBillionMotoRush during Flipkart's Big Billion Days Sale 2026. From flagship features under Rs 30K with the motorola edge 70 fusion and the real flagship killer under Rs 40K with the motorola edge 70 pro, to the quad 50MP camera experience under Rs 45K with the motorola edge 70 pro+, the signature-class camera experience under Rs 60K with motorola signature, and the three-day battery powerhouse under Rs 20K with moto g37 POWER, Motorola is set to make this festive season all about big upgrades at unbeatable prices.
LPU Protest Reason: LPU protests erupted on September 27 after a rape allegation involving a female student at Lovely Professional University in Punjab. Students are demanding justice, stronger hostel security and accountability. Police have registered a case and formed an SIT to investigate. The university has suspended classes for 10 days and postponed mid-term exams.
Paisalo Digital Ltd leads losers in 'A' group
Jana Small Finance Bank Ltd, Manappuram Finance Ltd, Poly Medicure Ltd and Yes Bank Ltd are among the other losers in the BSE's 'A' group today, 28 September 2026.
'CEC Gyanesh Kumar, PM Modi, Shah conspired to sabotage Indian democracy': K C Venugopal
AICC general secretary K C Venugopal made serious allegations regarding the integrity of the Election Commission. He claimed a conspiracy involving CEC Gyanesh Kumar, PM Narendra Modi, and Home Minister Amit Shah. Venugopal pointed out that illegal acts were committed to benefit the ruling party. He announced a Congress working committee meeting to discuss the situation in detail. The alliance of opposition parties is also expected to coordinate their response.
Lupin receives tentative approval for anticoagulant Apixaban from US FDA
Lupin said that it has received tentative approval from the United States Food and Drug Administration (U.S. FDA) for its new drug application for Apixaban oral suspension.
PVR Inox Ltd slips for fifth straight session
PVR Inox Ltd is quoting at Rs 1226.5, down 2.24% on the day as on 13:19 IST on the NSE. The stock jumped 16.87% in last one year as compared to a 7.32% slide in NIFTY and a 1.12% spurt in the Nifty Media index.
Aegis Logistics Ltd drops for fifth straight session
Aegis Logistics Ltd is quoting at Rs 1326.1, down 2.88% on the day as on 13:19 IST on the NSE. The stock jumped 16.87% in last one year as compared to a 7.32% slide in NIFTY and a 5.01% spurt in the Nifty Energy index.
CG Power & Industrial Solutions Ltd slips for fifth straight session
CG Power & Industrial Solutions Ltd is quoting at Rs 873.4, down 1.42% on the day as on 13:19 IST on the NSE. The stock jumped 16.87% in last one year as compared to a 7.32% slide in NIFTY and a 5.01% spurt in the Nifty Energy index.
Nifty slips below 22,800; metal shares decline
Investors remained focused on crude oil price movements, developments in the primary market and upcoming initial public offerings (IPOs). A series of domestic and global economic data releases scheduled for the week are also expected to influence market expectations surrounding monetary policy decisions by central banks.
Augmont partners with NSE for development and promotion of EGR
Augmont Enterprises has been empanelled by National Stock Exchange of India as a key partner for the promotion of Electronic Gold Receipts (EGR). This is strategic partnership designed to simplify the process of EGR creation and extinguishment, and to promote trading in EGRs, further deepening India's gold ecosystem.
TVS Motor launches hyper sport scooter TVS NTORQ 150 in Nepal
TVS Motor Company has launched the TVS NTORQ 150, Nepal's 1st Hyper Sport Scooter. Powered by a 149.7cc race-tuned engine and inspired by stealth aircraft design, the TVS scooter brings together high performance, sporty aesthetics and cutting-edge technology to cater to a new generation of riders.
SWELECT launches SWEES EN+ solar hybrid inverter range for C&I customers
SWELECT Energy Systems is rolling out its scalable SWEES EN+ hybrid inverter range for Commercial & Industrial (C&I) customers. The range is available from 5 kW to 50 kW and can scale beyond 50 kW. It is designed around the load profiles, solar generation and energy storage needs of businesses. Customers can start with a system sized to their current needs and add capacity as operations grow.
Moneyboxx Finance raises Rs 60 cr via NCD issuance
The NCDs carry a coupon of 10.75% per annum, a tenor of 2 years, and are secured/rated BBB/Stable by CRISIL/India Ratings. The fresh debt capital will support Moneyboxx's growing disbursement pipeline across its four growth engines secured MSME lending, livestock finance, rooftop solar finance and digital lending. Alongside its established branch-led business, Moneyboxx is scaling multiple partnership-led origination channels, including Bachatt for digital lending, Akshayakalpa for dairy and livestock finance, and Loom Solar for rooftop solar finance. These partnerships provide access to new customer pools and complement Moneyboxx's existing distribution, underwriting and collection infrastructure, creating additional avenues for efficient AUM growth.
OSGU Highlights Growing Career Opportunities in Allied Healthcare Education
Hisar (Haryana) [India], September 28: The healthcare sector is witnessing rapid transformation with the increasing use of technology in diagnosis, treatment, emergency care, cardiac services, renal care and patient management. Alongside doctors and nurses, trained allied healthcare professionals are playing an increasingly important role in hospitals, diagnostic centres, laboratories, trauma facilities and specialised healthcare institutions.
Jefferies names Max Financial as its top insurance pick, sees 41% upside despite target cut
Jefferies has moved Max Financial Services to the top of its life insurance picks, retaining a Buy rating despite cutting its target price. The brokerage expects regulatory changes to have a manageable impact on growth and sees further opportunities through Axis Bank.
Sip the comfort of cutting chai on your next international flight with Air India
Staying true to its street-side roots, the Air India serves tea in a compact, single-serve portion that closely resembles the classic cutting chai enjoyed across the country.
Indias IPO pipeline hits Rs 3.86 lakh crore, 3.5 times funds raised in 2026: Report
Indias potential mainboard IPO pipeline is estimated at around Rs 3.86 lakh crore in the second of 2026, nearly 3.5 times the Rs 1.10 lakh crore raised so far in the year, according to AIBI. Of this, potential IPOs worth Rs 2.43 lakh crore have received the Sebi approval, while another Rs 1.44 lakh crore is awaiting clearance, the report said.
Tonbo Imaging India gets SEBI nod for IPO; defence electronics maker offers over 1.8 crore shares
Tonbo Imaging has received SEBI approval for its proposed IPO, comprising an offer for sale of up to 18.09 million shares. The defence electronics maker has a global footprint, with more than 28,000 systems deployed across 24 countries.
FIIs cut stake in 12 smallcap stocks over 2 quarters; shares fall up to 50% in CY26
Paintmakers expect a brighter Diwali, but crude prices cloud the outlook
Paintmakers are optimistic about growth this festive season, helped by improved weather and early demand. Berger Paints expects stronger sales compared to last year's subdued Diwali, while JSW Dulux sees strong momentum despite rising crude prices posing risks to consumer spending.
Nazara Technologies Ltd spurts 1.43%, up for fifth straight session
Nazara Technologies Ltd is quoting at Rs 381.85, up 1.43% on the day as on 12:44 IST on the NSE. The stock is up 43.55% in last one year as compared to a 7.29% slide in NIFTY and a 1.03% slide in the Nifty Media.
The bench directed all parties to file their final written submissions within three days.
AceVector IPO, 2 other mainboard offers see strong demand on Day 2. Check GMP, subscription status
Three mainboard IPOs: AceVector, Runwal Enterprises and German Green Steel & Power, entered their second bidding day with strong investor interest. German Green Steels issue was subscribed 3.14 times, while AceVector and Runwal Enterprises were each 37% subscribed. Meanwhile, 20 IPOs are scheduled to launch next week, targeting combined proceeds of Rs 1,292 crore.
Nifty slips below 23,000 as bank stocks tumble
The key equity benchmarks remained under pressure in the early afternoon session on Monday, weighed down by weak global cues, rising crude oil prices and weakness in global technology stocks amid concerns over the reliability and safety of AI agents. The Nifty traded below the 23,000 level.
Ravi Kishans viral run shows the promise - and limits - of meme marketing
Actor-politician Ravi Kishan's recent run of viral moments offers a striking example, with brands building campaigns around his catchphrases and online persona. But as the race to ride the next viral wave intensifies, a bigger question is emerging: how reliable is virality as a marketing asset?
The Supreme Court has declined to grant an interim stay on the governments new merchant discount rate policy. This policy imposes a 0.4% charge on specific Unified Payments Interface transactions exceeding Rs 2,000. The decision comes as a public interest litigation challenges the legality of this levy. Notices have been issued to the government and financial organizations involved. The new policy is set to take effect on October 15.
IndusInd Bank eyes Indias 2,117 GCCs with new banking vertical
IndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to address the growing banking needs of these centres as they expand. The vertical integrates corporate and employee banking into a unified relationship. It also includes foreign-currency account services to meet cross-border transaction requirements. IndusInd Bank's approach reflects the evolving landscape of the GCC ecosystem in the country.
IPO allotments for Elevate Campuses, Swastika Infra and ArMee Infotech are expected on September 28, following subscription between September 23 and 25. Investors can check status through NSE, BSE and respective registrars. The three companies are scheduled to list on September 30, with refunds expected by September 29 for unsuccessful applicants.
Silver Touch Tech gains after securing workstation supply contract from ISRO
Silver Touch Technologies added 2.34% to Rs 151 after the company announced the receipt of a purchase order from the Space Applications Centre (SAC), ISRO, for the supply of high-end workstations.
ANSCER Robotics Advances Global Expansion with U.S. Conditional Approval
Bengaluru (Karnataka) [India], September 28: ANSCER Robotics, an Indian developer and manufacturer of autonomous mobile robots, has received Conditional Approval for its autonomous robotic platforms under the U.S. framework for foreign-produced advanced robotic devices. The milestone supports the company's ambition to take Indian robotics engineering into global industrial markets.
The PWD recently planned a traffic simulation study of the entire South Delhi network, including Sarai Kale Khan. Sarai Kale Khan sees high footfall, with multiple modes of transport at a single location, and traffic here is likely to worsen in the future.
Smaller players flag Irdais new expense caps
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Tata Teleservices (Maharashtra) Ltd leads gainers in 'A' group
KPI Green Energy Ltd, Elecon Engineering Company Ltd, Mangalore Refinery And Petrochemicals Ltd and Aegis Vopak Terminals Ltd are among the other gainers in the BSE's 'A' group today, 28 September 2026.
Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distribution reforms raise concerns over commissions, revenue and earnings.
Mithun K Chittilappilly appointed chairperson & MD of V-Guard Industries
Chittilappilly, who has been managing director since 2012, will take on the additional role following the completion of Radha Unni's second and final term
Sensex crashes over 1,000 points, Nifty50 below 22,850; erases nearly 6 lakh cr in an hour
Sensex crashes over 1,000 points, Nifty50 below 22,850; erases nearly 6 lakh cr in an hour
HDFC Bank CEO transition nears; Jefferies sees rerating scope, sets target at Rs 880
HDFC Bank could be nearing a leadership transition, with Jefferies saying greater clarity on CEO succession and a management reshuffle could improve execution and support a rerating. The brokerage retained its Buy rating and Rs 880 target, citing scope for stronger deposit growth, fee income and a better loan mix.
Going public: How listing changes company's compliance, governance, culture
Once shares begin trading, management must report to investors through financial results, material disclosures and regular shareholder communication
Augmont Enterprises shares rally 10% as NSE empanels company for EGR ecosystem
Augmont Enterprises shares rose after the company and its subsidiaries were empanelled by NSE as key partners to promote Electronic Gold Receipts (EGRs). Augmont will support the creation and redemption of EGRs, helping facilitate the conversion of physical gold into EGRs and back, with the aim of boosting participation and strengthening Indias formal gold market ecosystem.
Hypersoft forays into AI domain with proprietary platform
Hypersoft Technologies announced its strategic entry into the domain of Artificial Intelligence (AI), through the development of a proprietary, one-of its-kind AI platform designed to enable and elevate Data Science capability and ERP efficiency for its clients worldwide.
Both rural and urban demand remained firm in August, says RBI
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High-frequency indicators remained healthy, digital payments continued to post robust growth
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US dollar index large currency speculative longs fall further
Large currency speculators in the US dollar futures stayed around three-month low, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 10330 contracts in the data reported through September 22, 2026, marking a decrease of 263 net positions compared to the previous week.
Market under pressure; PSU Bank shares drop
Investors remained focused on movements in crude oil prices, developments in the primary market and upcoming initial public offerings (IPOs). A series of domestic and global economic data releases are also scheduled during the week, which could influence expectations surrounding monetary policy decisions by central banks.
Tech picks: Balrampur Chini Mills among 4 stocks to buy for up to 18% returns in short term
Analysts recommend four stocks for short-term gains of up to 18%, citing technical breakouts, improving momentum and supportive chart patterns amid heightened market volatility and key domestic and global cues.
Suzlon Energy shares fall 2% to near six-month low, down 15% in one month
Suzlon Energy shares slipped over 2% to a near six-month low, approaching their 52-week low amid higher trading volumes and broader market weakness. Investors are also tracking the company
Sun Pharma inks global licensing pact with LIB Therapeutics for cholesterol drug Lerodalcibep
Lerodalcibep is a once-monthly PCSK9 inhibitor used to reduce low-density lipoprotein cholesterol (LDL-C) and treat adult patients with hypercholesterolaemia and mixed dyslipidaemia
Rehan Mansuri, 18, has launched Micronex in Sanand to manufacture semiconductor lead frames. The Ahmedabad entrepreneur plans to produce 50 crore units annually and create around 250 jobs as Gujarat expands its 1.4 lakh crore semiconductor ecosystem.
Italian fashion house Armani is set to sell an initial 15% stake within 18 months of founder Giorgio Armanis death. CEO Giuseppe Marsocci said the stake could be sold to multiple partners, with LVMH, LOral and EssilorLuxottica among preferred buyers.
BSE SME Vivekanand Cotspin spins up a decent debut
Vivekanand Cotspin traded at Rs 39.90 on the BSE, representing a 7.84% premium over its issue price of Rs 37.
'No impact to safety,' says Akasa Air after Boeing acknowledges Max 737 software glitch
Akasa Air, which is reportedly planning to order more than 200 Boeing 737 MAX jets, said there is no impact of the software issue on the safety of Akasa Air operations.
NSE shares fall 2%, slip below IPO price, but analysts target prices go up to Rs 2,050. Time to buy?
NSE slipped below their Rs 1,785 IPO price on Monday, taking its market capitalisation to Rs 4.36 lakh crore. Despite the decline, brokerages remain positive on the stock, with Macquarie, Emkay and PL Capital setting target prices between Rs 1,950 and Rs 2,050, citing its market leadership and growth prospects.
Kalpataru Projects bags 'major' gas pipeline project in UAE
Kalpataru Projects International has received a letter of award (LoA) for the engineering, procurement and construction (EPC) of a gas pipeline project in the United Arab Emirates (UAE).
Indias foreign exchange reserves surged to a record high in September, supported by strong foreign currency inflows following the RBIs concessional swap measures. The reserves provided cover for 11.2 months of goods imports (as on September 18) and more than 100 per cent of the external debt outstanding as at end-March 2026. Meanwhile, West Asia tensions and high crude oil prices caused the Indian rupee (INR) to depreciate for most of August. Strong FCNR(B) deposits led to brief recoveries in early September, but these gains reversed in the later part of the month on account of higher crude oil prices . In real effective terms, the INR appreciated in August driven by higher domestic inflation vis-vis major trading partners and appreciation of the INR in nominal effective terms.
How mid-sized IT firms are turning AI cost cuts into new revenue
As AI automates work traditionally performed by IT services firms and software products, companies like LTM, Coforge and Hexaware are helping clients reduce those costs. The shift could create new revenue streams even as it puts pressure on traditional technology spending
Manipur violence: Over 60 killed since early 2026, N Biren Singh says
Former Manipur chief minister N Biren Singh said more than 60 people have been killed since early 2026 as violence continues unchecked in the state. His remarks came after suspected militants killed two Naga civilians and injured two others in Senapati district. At least 306 people have been killed and 49 remain missing since ethnic violence began in May 2023.
IndusInd Bank CEO Rajiv Anand says name unmapped from voter roll
Rajiv Anand, the MD and CEO of IndusInd Bank, has been informed that his name is unmapped from the electoral roll. He expressed confusion as he has valid identification including voter ID and Aadhar card. The Election Commission is conducting a Special Intensive Revision for voter list updates. They have extended deadlines for filing claims in Delhi and Maharashtra as part of this effort.
Benjamin Satterley, famously known as Pac in AEW and Neville during his time in WWE, has passed away at the age of 40. Beginning his wrestling journey in 2004, he made a name for himself on Britain's independent wrestling scene and in Japan's Dragon Gate. Joining WWE in 2012, he won multiple championships.
INR stays pressured as oil prices rebound amid the ongoing West Asia conflict
The Indian rupee depreciated 20 paise to 95.95 against the US dollar in early trade on Monday, as the greenback strengthened further and foreign fund outflows continued unabated amid the ongoing West Asia conflict. Elevated global crude oil prices put further pressure on the local unit. Stalled negotiations between the United States (US) and Iran keep oil prices elevated, reinforcing expectations that the Federal Reserve (Fed) will implement further monetary tightening to curb persistent inflation. Market sentiment remains heavily tied to the region following US President Donald Trumps rejection of Irans latest proposal to reopen the Strait of Hormuz, where he stated Tehran had overplayed its hand, though he noted discussions are expected to resume this week. At the interbank foreign exchange market, the rupee opened at 95.89 against the American currency and lost further ground to touch 95.95 against the American currency, registering a loss of 20 paise from its previous closing ...
PB Fintech shares can rally 91% after 2-day bloodbath, says Bernstein. Heres why it remains bullish
PB Fintech shares rose 4% after Bernstein retained its Outperform rating and Rs 2,310 target price, despite the stocks sharp fall following IRDAIs proposed ban on dark patterns. The brokerage expects lower insurance take rates, revenue and profit estimates, while cost rationalisation could provide some cushion. IRDAIs draft framework also proposes sweeping changes to insurance distribution and commission structures.
In Washington's political cauldron, a fight over foie gras ahead of the midterm elections
Donald Trump could become a lame duck president after US midterm elections but prospects at the ballot box are looking brighter for ducks of the feathered variety. There are more pressing issues like defense of democracy, like standing up to the (Trump) administration's encroachments on democracy but since the ban is on the ballot, I figured I might as well help out. msp/sms
Indias bid to keep carbon cash home as Europe adds a new trade cost
India's exporters will encounter new carbon costs due to the European Union's Carbon Border Adjustment Mechanism. The mechanism, effective from January 2026, targets carbon-intensive goods and imposes a cost on emissions. India's heavy reliance on carbon-intensive industries like steel and aluminium raises significant challenges in maintaining export competitiveness. The country is establishing a domestic carbon market to mitigate these challenges and promote cleaner technologies.
Chemplast Sanmar resumes operations at Karaikal manufacturing plant
Chemplast Sanmar said that the company has partially restarted operations at its EDC manufacturing plant in Karaikal, following the receipt of provisional revocation of the prohibition order.
BSE SME Robokidz Eduventures takes flight on debut
Robokidz Eduventures traded at Rs 211.45 on the BSE, representing a 99.48% premium over its issue price of Rs 106.
Som Distilleries jumps after MP High Court orders renewal of excise licences
Som Distilleries & Breweries jumped 6.83% to Rs 79.35 after the Madhya Pradesh High Court ordered the renewal of the company's manufacturing excise licences.
Sensex, Nifty plunge over 1%; realty shares skid
Investors remained focused on movements in crude oil prices, developments in the primary market and upcoming initial public offerings (IPOs). A series of domestic and global economic data releases are also scheduled during the week, which could influence expectations surrounding monetary policy decisions by central banks.
Dilip Buildcon bags NHAI road project worth Rs 688 cr in Maharashtra
Companies investing in preventive healthcare, such as telehealth, health checkups, and early screening, recorded a 13% lower incidence of chronic disease claims, the report found.
Hitachi Energy India Ltd Slides 1.81%
Hitachi Energy India Ltd has lost 8.47% over last one month compared to 5.28% fall in BSE Capital Goods index and 4.57% drop in the SENSEX
SAIL shares dip as MoU with BCCL, dividend record date draw investor attention
The two triggers: SAIL declared a final dividend of 2.35 per equity share (face value 10) for FY2025-26, with September 30, 2026 as the record date. The 54th AGM approved it on September 24, with 98.27% in favour.
Elitecon signs framework agreement with South African entity
For potential export order worth Rs 574 cr over the next one year
Dilip Buildcon secures transmission project in Yavatmal, Maharashtra
Under TBCB route
Lupin receives USFDA tentative approval for Apixaban Oral Suspension 1.25 mg/mL
Used as an alternative administration option for adult patients requiring anticoagulation therapy
Le Lavoir acquires 2400 sq.ft. premises on lease at Anjanapura Layout, Bengaluru
To expand its laundry and allied business operations
Market drift lower in early trade; breadth weak
All the sectoral indices on the NSE were traded in red with realty, metal and PSU Bank shares declining the most.
Godrej Properties, MICL partner for 6,000 crore Marine Lines project in south Mumbai
Godrej Properties and Man Infraconstruction Ltd will develop the sea-facing, luxury residential project.
Indias logistics & mobility startups warm up to IPOs as investor interest gathers pace
Porter, Mahindra Last Mile and Rapido are exploring public-market listings as mobility startups continue to attract private capital and investors favour scaled businesses.
NMDC commissions 5,427 cr integrated iron ore project in Chhattisgarh
NMDC's new project includes a new iron ore processing plant at Bacheli, a 15 million tonne per annum (MTPA) slurry pipeline and a 2 MTPA pellet plant at Nagarnar.
Zen Technologies among 3 stocks that closed crossing above VWAP
On September 25, three Nifty 500 stocks closed more than 1.5% above their VWAPs, indicating stronger closing prices relative to their volume-weighted average traded prices during the session.
The Moneyview IPO is poised to conclude on September 28, generating considerable excitement among investors with a notable demand. The Grey Market Premium has surged to 41%, indicating a promising listing price. On the second day of bidding, the IPO saw an impressive subscription rate of 6.01 times, particularly among Retail Individual Investors. Moneyview Ltd.
