NSDL likely to give a 15% listing pop to investors
NSDL’s ₹4,012 crore IPO is expected to see a 15% listing pop on Wednesday, with analysts suggesting investors hold for potential further gains due to valuation discounts compared to CDSL. The IPO was subscribed 41.01 times, priced at ₹760-800 per share.
IndusInd’s new MD likes a challenge: Rajiv Anand faces big task as he tries to rebuild trust, overhaul business
Rajiv Anand is the new MD and CEO of IndusInd Bank. He faces challenges like reshaping the business and building a new leadership team. The bank’s low-cost deposits have decreased. Asset quality has also weakened. Anand aims to balance work with his interests.
NARCL offers ₹550 crore for Jaypee Cement & Reliance Infra assets
For the Salem-Ulundurpet toll road, NARCL has offered ₹280 crore against total debt of about ₹600 crore. The bid for Jaypee Cement stands at ₹270 crore against outstanding debt of ₹2,200 crore. Dalmia Bharat had earlier shown interest in acquiring Jaypee’s cement assets.
India’s demat accounts cross 20 crore mark, led by young investors under 30
India’s demat accounts have surpassed 20 crore, fueled by a surge in investor sign-ups, particularly among young individuals under 30, who constitute approximately 75% of new account openings. While the pace of growth has slowed in 2025 compared to 2024, the increase is also attributed to investors holding multiple accounts.
Retail investors drive Margin Trading Funding to record high in August despite market haze
Margin Trading Funding (MTF) in India reached a record high in August, exceeding ₹96,000 crore, reflecting strong investor confidence despite market fluctuations. This surge indicates a growing appetite among retail investors to borrow for stock market investments. Hindustan Aeronautics, Tata Motors, and TCS are among the most traded stocks using borrowed funds, highlighting specific investment […]
BlueStone cuts IPO size to Rs 820 crore, to launch issue on August 11
BlueStone has scaled back its IPO size, aiming to raise Rs 820 crore in primary capital, less than the initially planned Rs 1,000 crore. The omnichannel jewellery retailer is eyeing a valuation of around Rs 7,800 crore with the public listing, lower than its previous funding round.