The IPO of Unimech Aerospace saw a robust response, with a subscription of 9.08 times by the second day. The issue includes fresh equity and OFS taking the total to Rs 500 crore. The funds will support capital expenditures and working capital. The IPO price is Rs 745-785 per share.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,