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US stocks today: Nasdaq leads Wall Street higher as SpaceX, Super Micro lift AI sentiment
US stocks ended higher on Wednesday as SpaceX and Super Micro Computer boosted sentiment around artificial intelligence stocks. The Nasdaq led gains, while strong semiconductor stocks added support. However, weakness in Netflix, AT&T and other communications shares limited the broader advance as investors awaited more major technology earnings.
Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates
Meta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-voting shares, while reporting stronger revenue amid mounting legal challenges and intensifying competition.
Large UPI transfers do not automatically trigger income tax notices, but unexplained bank credits can attract scrutiny. From freelancers to individuals receiving money for others, here's when digital transactions may raise red flags and what records to keep.
US Treasury yields slip as AI concerns boost safe haven demand ahead of 20 year auction
US Treasury yields slipped as investors weighed the impact of higher borrowing costs on AI stocks, with the 10 year yield heading for a second straight daily decline. The move came ahead of a $13 billion 20 year Treasury auction, while markets continued to price in a muted chance of a Fed rate hike.
Sundaram MF enters SIF space; Choice MF launches first active equity fund
Sundaram MF enters the SIF segment, Choice MF launches its first active equity scheme, while Edelweiss Alternative Asset Advisors sets a 1,585-1,665 price band for its 1,200 crore IPO
The 342-km BengaluruVijayawada greenfield highway, targeted for completion in 2027, is expected to cut travel time by 34 hours and shorten the route by 110 km. Part of NH-544G, it will connect five Andhra Pradesh districts, boost freight movement and improve industrial connectivity.
FSSAI notices to Nestle, Abbott, others for 'illegal' infant formula ads
India's food regulator, FSSAI, has issued notices to Nestle India, Abbott Healthcare, Nutricia International, Mead Johnson Nutrition (India), and social media influencer Ira Fathima for 'illegal' advertising and promotion of infant milk substitutes on Instagram.
AI Startups To Boost India's Market Cap By USD 100 Billion
A foreign brokerage predicts that private investments in Indian AI startups are rapidly growing, with potential listings adding up to USD 100 billion to India's market capitalisation over the next two to five years. Goldman Sachs reported a tripling of PE investment in Indian AI startups in 2025 and highlighted India's rising global rank in AI funding and new AI companies.
Term insurance provides a death benefit to beneficiaries during a fixed policy term, helping families manage debts and future expenses. Here's why a claim can get rejected.
Stocks, gold or crypto? The last 3 years returns have a surprising answer
Bitcoin delivered nearly 234% returns over three years, outperforming silver, gold and equities. However, precious metals led over one year as cryptocurrencies declined. CoinDCX data also shows Bitcoin topping hypothetical one-year SIP values, highlighting the importance of investment horizons and risk management.
Shahrukhz by Danube has a total valuation of AED 2.1 billion or $572 million or 5,000+ crore project, as per the company. It is a 56-storey building locayed on Sheikh Zayed Road in Al Sufouh 1, Dubai.
Ahead of Market: 10 things that will decide stock market action on Thursday
Sensex and Nifty ended above pre-closing auction session levels after extreme volatility, despite an Rs 8 lakh crore market selloff. Elevated crude prices, foreign investor outflows and weak market breadth kept sentiment cautious.
HDFC Bank probes alleged data leak by senior executives
HDFC Bank has initiated an internal enquiry into the alleged leak of confidential information by two senior executives, with investigators examining whether the disclosed information was misused.
IT stocks gain 77,000 crore in value as banking shares weigh on Nifty
IT stocks gained 77,000 crore in market value, cushioning the Nifty's 0.34% decline on Wednesday, while banking and financial stocks lost around 81,000 crore amid rising bond yields.
Core Sector Growth Rises to 7.9% in September
India's core infrastructure industries recorded a significant growth of 7.9 per cent in September 2026, up from 3.1 per cent in the previous year, primarily fuelled by robust performances in iron ore, electricity, and cement production.
RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawals
The Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to withdrawals of Rs 5,000 over the next six months. The bank's recent lack of compliance with supervisory concerns prompted these regulatory actions. Eligible depositors can claim up to Rs 5 lakh through the Deposit Insurance and Credit Guarantee Corporation.
Market Trading Guide: Wipro among 5 stock recommendations for Thursday
Technical analysts have recommended Wipro, NHPC, Sagility, LTTS and Hexaware Technologies for potential gains, citing bullish chart patterns, support levels and momentum indicators. The recommendations include specific entry prices, stop losses and targets to manage trading risks.
Netflix shares slide 4% as slowing sales growth raises fresh concerns
Netflix shares fell after the streaming giant reported its slowest sales growth in three years and forecast another quarter of slowing revenue growth. Its fourth quarter sales outlook missed analysts expectations, while weaker than expected advertising revenue added to concerns. The stock had already declined 30% this year, underperforming the S&P 500.
Mahindra Finance Q2 net profit surges 55% to Rs 882 crore on volumes, lower credit cost
Business assets under management grew 15% year on year to Rs 1.47 lakh crore. Non-vehicle finance disbursements, including SME loans, personal loans and housing finance, increased 52%.
RBI minutes point to more rate hikes as inflation risks broaden
The minutes of the RBI MPCs 5-7 October meeting, released on Wednesday, showed increasing signs of inflation broadening across the economy.
Artha Bharat plans to shift $125 million in funds to Abu Dhabi, recast GIFT City funds as feeders
The funds being restructured are the Artha Global Multiplier Fund, a long-short fund investing in US equities with assets of more than $100 million and the Artha Bharat Absolute Returns Fund, an arbitrage fund managing approximately $25 million
Jio IPO strengthens Reliances financial flexibility; capex funding remains key: Moodys
Moodys has termed Jio Platforms IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200 crore issue will support investments while helping manage leverage amid elevated capital expenditure.
IHCL Q2 Results: Tata Group-owned hotel chain's net profit jumps 19% to Rs 379 crore
Indian Hotels Company Ltd, under the Tata Group, has announced a remarkable 19.35% rise in consolidated profit for the September quarter, soaring to Rs 379.85 crore from Rs 318.26 crore last year. Revenue from operations also surged to Rs 2,484.32 crore, up from Rs 2,040.89 crore. The Managing Director highlighted promising growth prospects and anticipates domestic hotel business growth exceeding 20%, notwithstanding challenges faced in the aviation sector.
US stocks today: US stocks open higher as SpaceX, Super Micro results lift AI stocks
Wall Street opened higher on Wednesday, led by gains in technology and AI stocks after quarterly results from SpaceX and Super Micro Computer improved investor appetite. The Nasdaq gained 0.67%, while the S&P 500 and Dow Jones also rose. Netflix slipped as its outlook disappointed investors.
IGI Q2 Results: Consolidated PAT surges 43% to Rs 185 crore
The International Gemological Institute recently announced an impressive 43.14 percent growth in profit after tax for the previous quarter. Operational revenue rose by 31 percent compared to last year. Demand for both lab-grown and natural diamonds remains strong, particularly as the festive season approaches, prompting retailers and manufacturers to anticipate a surge in sales across their segments.
Brokers call: Crompton Greaves Cons. (Buy)
Religare Broking
AI data center projects boost US warehouse demand and rents, real estate company JLL says
AI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space and helped send rents higher in the third quarter, real estate services company JLL said on Tuesday.
UK annual house prices rise at weakest pace since March, ONS says
British annual house prices rose at their weakest annual pace since March in August, according to official data published on Wednesday that also showed growth in average
Jio IPO subscribed 3.01 times, draws Rs 66,500 cr bids
Jio Platforms Ltd's Rs 30,213-crore initial public offering was subscribed 3.01 times, attracting approximately Rs 66,500 crore in public bids, with qualified institutional buyers oversubscribing their portion by 9.02 times, while retail investor demand remained under-subscribed at 0.68 times.
TVS ILP leases 80k sq ft at Visakhapatnam park in Andhra to Yokohoma group
TVS ILP has leased 80,000 square feet in Visakhapatnam to ATC Tires for a new warehouse. This facility will support domestic distribution and export operations for Yokohama passenger car tires. The development is expected to create local employment opportunities in the region. Visakhapatnam's strategic location provides significant advantages for various industries seeking to grow. This partnership is key in enhancing operational efficiencies and logistics infrastructure for ATC Tires.
Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gains
The rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated crude prices, foreign outflows and global financial pressures continue to threaten the currency's recovery.
Aye Finance Q2 Results: Net profit more than doubles to Rs 87 crore
Aye Finance Ltd's net profit surged to Rs 87 crore in the second quarter of the financial year, a remarkable increase from Rs 35 crore in the same timeframe last year. Total income also climbed to Rs 527 crore, reflecting an 18.42% year-over-year growth. The interest income saw a rise to Rs 479 crore, while assets under management swelled by 26% to hit Rs 7,597 crore as of September 2026.
Delhi to Palwal in 45 minutes from 3 hours? How the new expressway could ease NCR traffic
The final stretch of the DND-Jaitpur-Faridabad-Palwal-Sohna expressway corridor has been completed. The 59-km highway is expected to improve Delhi-NCR connectivity, ease congestion on key South Delhi roads and reduce travel time to southern Haryana.
Should you raise your SIP now? Match it to income, not the market, say MFDs
Let your income, not a market dip, decide how much to raise your SIP. A 10% yearly step-up could take a 15-year corpus from Rs 94 lakh to Rs 1.64 crore, at an assumed 12% return
Jane Street appeal: SAT reserves order on plea for additional Sebi records
Jane Street sought order logs and counterparty details from Sebi to prepare its defence against the July 2025 interim order alleging manipulation of the Bank Nifty index.
Motor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly reduced focus on this segment due to a Supreme Court ruling on compensation for homemakers. The overall motor insurance premiums saw a rise of 13 percent during the same month. SBI General Insurance demonstrated stronger performance compared to other private insurers in the third-party segment.
Retirement planning requires balancing equity exposure with income security. Freefincal's M. Pattabiraman suggests limiting equity to 30% for typical retirees while accounting for inflation, market volatility and long-term withdrawal needs.
Markets Extend Losses for 2nd Day Amid Sell-Off in Banking, Financial Stocks
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
Rupee closes at six-week high of 94.43 driven by Jio IPO, RBI intervention
The Indian currency earlier recorded a similar closing level on September 4
Flexi-cap funds can invest across market capitalisations and sectors. In September 2026, AlphaGrep Flexi Cap Fund led five peers with 66.2% exposure to mid and small-cap stocks, followed by Old Bridge and Samco.
Indian markets extended losses for a second session on Wednesday, with the Nifty falling 0.34% to 22,811 and the Sensex slipping 0.19% to 73,710. IT stocks led sectoral gains, with Infosys and HCL Tech topping the gainers, while Bajaj Finance, BSE and Eternal featured among the biggest losers.
Want exposure to India's biggest banks? Zerodha launches new ETF
Zerodha Fund House has launched the BSE Top 10 Banks ETF, tracking Indias largest listed banks. The NFO runs from October 12 to October 26, 2026, with a minimum investment of Rs 1,000, offering focused banking exposure.
Global Market: Eurozone bond yields rise as French unrest fuels fiscal concerns
Eurozone government bond yields rose as protests in France heightened concerns over fiscal stability and public finances. French 10-year yields climbed to 4.948%, nearing a 23-year high, while the spread over German bonds widened to 150 basis points. Rising oil prices above $110 a barrel added to inflation concerns.
Global Market: BOJ's Himino says Japan inflation near 2% target, signals further rate hikes
Bank of Japan Deputy Governor Ryozo Himino says underlying inflation is nearing the central banks 2% target, while accommodative financial conditions and rising cost pressures strengthen expectations of further interest rate hikes.
Market's early rally fizzles out as banking, financial stocks weigh on benchmarks
The 30-share BSE Sensex fell 484.98 points, or 0.66%, to 73,367.92
CAS swings: Niftys indicative price jumps 500 points in seconds, closes higher than pre-CAS level
The Indian stock market experienced notable volatility during the closing auction, marked by a steep selloff that wiped out more than Rs 8 lakh crore in market capitalization. Despite Sensex and Nifty ending higher than pre-CAS levels, investor sentiment remained cautious due to escalating bond yields and ongoing selling by foreign institutional investors.
Tax audit reports for AY 2026-27 are due October 21, 2026, while audited taxpayers income tax returns are due November 21. Here's all you need to know to ensure compliance.
Jio Platforms' IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms' IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders about the rupee's sustainability. The rupee closed at 94.46 against the dollar, with earlier gains trimmed by higher Brent crude oil prices. Analysts suggest that the upcoming RBI monetary policy might influence future exchange rates.
IMF advises India to let rupee move as first defence amid oil shock
Official says exchange rate should absorb shocks; RBI interventions offer limited near-term benefit
Growth and IDCW options handle mutual fund earnings differently, affecting payouts, units held, and NAV. Returns across three equity schemes show similarities, but NAV alone cannot determine which option performs better.
MFs raise stakes in 10 stocks in Q2; shares rally up to 130% in FY27, including 3 multibaggers
Ten BSE 500 stocks have rallied between 59% and 129% in FY27 so far as mutual funds increased their shareholding in the September 2026 quarter. Cemindia Projects, Aditya Infotech and Aegis Logistics lead the list of gainers.
The Senior Citizen Savings Scheme offers 8.2% annual interest, allowing retirees to earn 61,500 every quarter on a 30 lakh investment. Here's how the scheme works, including eligibility, tax implications, maturity benefits and withdrawal rules.
Rupee jumps 0.5% to 94.46/$ on Jio IPO-linked inflows; elevated oil prices spur caution
The Indian currency touched its strongest level since early September, but pared gains in the second half of the session as Brent crude rose above $110 a barrel and domestic equities fell.
Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%
Eternal Q2 Results: Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 crore in the second quarter of FY27 (Q2FY27), compared with Rs 65 crore in the corresponding quarter of the previous fiscal year.
Publishers pay heavily for celebrity memoirs, which attract readers with intimate accounts of public figures lives. Nobody seems interested in reading about someone's happy childhood.
Hero Motors, SML Mahindra, Wheels India locked at 10% lower circuits
Hero Motors' share price was locked at the 10% lower circuit at 122.70 on Wednesday, falling 31% from its post listing high of 179 on October 5, 2026 on the BSE.
Mint explainer: Why are consumer brands resorting to cross-industry marketing?
Unlike traditional partnerships between brands in the same industry, these cross-category collaborations bring together businesses with different products and consumer bases.
Global Market: European shares struggle for direction as France unrest weighs on sentiment
European shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some optimism was generated from positive earnings reports by companies like Randstad and EssilorLuxottica, a downgrading of Carrefour's earnings forecast dampened investor sentiment. Additionally, new consumer inflation figures from Britain added layers of complexity to the interest rate and economic stability outlook, resulting in a market atmosphere marked by uncertainty and hesitation.
Global Market: ECB sees Euro liquidity support boosting global currency role
European Central Bank Chief Economist Philip Lane stated that stronger euro liquidity facilities can enhance the currency's global role. More than 30 central banks have expressed interest in the ECBs expanded euro liquidity initiatives. These arrangements may boost confidence in the euro and encourage its use in international transactions. Additionally, euro area bond markets could benefit from higher official reserve purchases of euro-denominated assets.
Top 9 equity mutual funds deliver over 20% return on SIP investments in 1 year. Do you own any?
Over the last year, nine equity mutual funds achieved returns exceeding 20% on SIP investments, showcasing robust market performance. Topping the charts is Samco Small Cap Fund, which saw an extraordinary return of 41.79%. Not far behind are the Bank of India Small Cap Fund and Motilal Oswal Focused Fund. In a review of 295 funds, 110 reported positive growth, particularly highlighting the success of small-cap categories.
US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giant
Elon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combination could unite electric vehicles, satellite communications, robotics and AI computing, while raising questions over regulation, governance and shareholder value.
Gold prices in India have fallen nearly 5% in a month, offering potential relief to wedding shoppers. Should you buy jewellery now or wait for further price cuts? Experts explain the key factors to watch, buying strategies, and the outlook for gold prices before and after Diwali 2026.
From Dhirubhai to Akash Ambani, Reliance made stocks popular with Indians
Jio Platforms IPO is putting the Ambani familys relationship with Indias retail investors on a new footing, almost five decades after Dhirubhai Ambani took Reliance Textile Industries public in 1977. The Rs 30,213-crore issue was fully subscribed within two hours of opening, but Jios long-term success as a listed company will depend on whether it can turn its massive telecom and digital reach into sustained earnings growth and investor returns.
Choice Mutual Fund launches large and mid cap fund; NFO closes on November 3
The scheme combines large and mid cap exposure, with the fund manager selecting stocks within the prescribed allocation limits.
Rs 8 lakh crore selloff! Sensex plunges 1,400 points from days peak as bulls lose steam; 5 triggers
On Wednesday, the Indian stock market saw a significant decline after an initial rise in the morning. Sensex and Nifty both climbed nearly 1% early on, reaching highs of 74,682 and 23,121 respectively. However, the market reversed course in the afternoon session, with selling pressure mounting. By the end of the day, Sensex dropped around 1,400 points from day's high, while Nifty fell below the 22,700 level.
An internal probe by HDFC Bank Ltd. Indias largest by market value found evidence that two senior executives disclosed confidential business strategies and possible market-sensitive information to outsiders, according to people familiar with the matter.
Adani Green Q2 Results: Profit rises 15% YoY to Rs 673 crore; revenue jumps 39%
Adani Green Energy reported a 15% year-on-year rise in consolidated net profit to Rs 673 crore in Q2, while revenue grew 39% to Rs 4,520 crore. Power supply revenue rose 45% to Rs 4,019 crore, and energy sales increased 33% to 12,090 million units, reflecting expanding operational capacity.
Indian Oil to trim West Asia oil imports under annual deals amid Iran war
IOC, the country's top refiner, had planned to source about 47% of its crude imports from West Asia producers under annual deals on a free-on-board (FOB) basis
Vishal Mega Mart shares sink 8% as Q2 margin takes a hit despite profit growth
Vishal Mega Mart shares fell sharply on Wednesday after the retailer reported a 110-basis-point year-on-year contraction in EBITDA margin to 12.1% in Q2FY27. Net profit rose 3.7% to Rs 157.9 crore, while revenue increased 14% to Rs 3,398.5 crore. The company attributed margin pressure to a shift in festival timing.
Celebrity brands can attract attention, but lasting success depends on product quality, fair pricing, repeat purchases and sound management.
Multibagger alert! PC Jeweller shares jump 6% to fresh 52-week high, rally over 100% in 2026
PC Jeweller shares hit a fresh 52-week high of Rs 19.13, rising over 100% in 2026 and gaining 44% in a month. The rally follows the companys repayment of outstanding dues to all 14 consortium banks, achieving debt-free status ahead of schedule and strengthening its balance sheet.
Bonding with bonds: high yields possible, but be mindful of the risks
Double-digit bond yields can be attractive, but investors should remember that higher returns come with higher credit and default risks.
Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weigh
Chinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consumer-facing companies faced pressure, while technology stocks outperformed amid uncertainty over earnings growth and the prospects for fresh policy support.
Vishal Mega Mart falls 6% as festive shift weighs on margins, SSSG in Q2
Vishal Mega Mart Q2 results: The company has reported a consolidated net profit of 157.9 crore in Q2, up 3.7 per cent on a Y-o-Y basis. Its profit margin contracted to 4.6 per cent in the quarter.
Gold may test 4,000-mark if oil extends rally; US Fed moves eyed: Kotak Neo
Gold price outlook: If Brent extends rally and feeds into hotter inflation data and firmer Fed hike bets, lifting yields and the dollar, Gold could test $4,000-mark, says Kaynat Chainwala, Kotak Neo.
In pics: Bengaluru's Kempegowda Metro station hosts a 16,000 sq ft immersive art display showcasing Karnataka's mythical forms and temple heritage.
HCLTech Q2: Strong growth, AI boost, but valuation concerns linger
HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER and D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.
HD Fire Protect shares list at 23% premium; expert highlights key factors to watch
HD Fire Protect shares listed at a 23% premium over the IPO issue price of Rs 271, debuting at Rs 334.40 on the BSE and Rs 335 on the NSE. Experts say future performance will depend on customer expansion, margin stability, operating cash flows and demand for fire protection equipment.
Nifty India Defence index slips 3%; Unimech, Axiscades, Dynamatic tank 7%
Apollo Micro, MTAR Tech, Sigma Advanced, Paras Defence, Astra Microwave, Zen Technologies, BEML, MIDHANI, Solar Industries and Data Patterns were down in the range of 4 per cent to 6 per cent.
Civil Services To Boost AI Skills With OpenAI Partnership
Karmayogi Bharat and OpenAI have signed an MoU to enhance AI capacity development across India's civil services. This partnership aims to equip government personnel with AI skills through the iGOT Karmayogi platform, fostering confident and responsible AI use for improved public outcomes and a future-ready civil service under Mission Karmayogi.
HDFC Bank investigates two senior executives over alleged leak of business secrets
HDFC Bank conducted an internal investigation after concerns about confidential information being leaked surfaced among executives. The probe discovered that two senior executives disclosed sensitive business strategies to outsiders, prompting further examination. This investigation is ongoing, and the involved executives have already been informed of the findings. The bank is committed to upholding ethical standards and will take appropriate action based on the investigation's results.
Jio IPO: Nithin Kamath explains how Jio played an important role in making what Zerodha is today
Zerodha CEO Nithin Kamath has credited Reliance Jio and Airtel with helping build Indias digital ecosystem and expand capital markets. Reflecting on Jios decade-long journey, Kamath said affordable data, along with Aadhaar and UPI, enabled online-first businesses like Zerodha to grow and helped drive a surge in retail investing.
Carlsberg said to near public filing for $700 million India IPO
Carlsberg is preparing to publicly file for a potential $700 million IPO of its Indian business, with investor roadshows expected next week and a possible December launch. The proposed offering would involve a secondary share sale, as Indias IPO market gains momentum. Carlsberg India holds approximately 22% market share.
New Noida has officially been notified as the Dadri-Noida-Ghaziabad Investment Region (DNGIR), according to Awanish Kumar Awasthi, advisor to Uttar Pradesh Chief Minister Yogi Adityanath. Here's all you need to know about it.
Sara Ali Khan and her mother, Amrita Singh, leased a 2,545-square-foot office in Mumbais Andheri West to Bengaluru-based Upsurge Labs for five years. The deal totals 3.76 crore, with a starting monthly rent of 5.85 lakh and annual increases of 5%.
Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listing
Reliance Industries Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming Indias largest-ever public offering and getting fully subscribed within 100 minutes of opening. The IPO surpasses Hyundai Motor Indias Rs 27,870 crore issue in 2024. At the upper end of its Rs 1,0651,119 price band, Jio Platforms is valued at around Rs 10.3 lakh crore. The issue closes on October 23.
Reliance Industries shares rose on Wednesday as Jio Platforms Rs 30,213 crore IPO was fully subscribed within an hour of opening. was fully subscribed within an hour of opening. With strong investor demand for the issue, attention is turning to Jios valuation, RILs diverse business portfolio and the potential value-unlocking opportunities for investors following the much-awaited listing.
Bonfiglioli Transmissions Rs 2,533.66 crore IPO was subscribed 46.05 times, with allotment expected to be finalised today. Shares are scheduled to list on the BSE and NSE on October 23, while a grey market premium of around 23% points to potential listing gains.
Paras Healthcare IPO: Occupancy, execution key monitorable, say analysts
Paras Healthcare IPO bidding opened for subscription on Oct 21, 2026 and will close on Oct 23, 2026.
