The National Stock Exchange is set to refile for an initial public offering with the Securities and Exchange Board of India after addressing regulatory issues. The IPO, expected to be India’s largest, is anticipated to raise ₹30,000 crore. NSE aims to secure the no-objection certificate needed to proceed with its plans.
Defence shares gain momentum on strong production and growth outlook
Indian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase from the previous