Urban Company raises Rs 854 crore from anchor investors ahead of IPO
Urban Company garnered Rs 854 crore from anchor investors before its IPO, which opens tomorrow. The IPO allocated 8.29 crore shares at Rs 103 apiece to prominent investors like SBI Fund and Goldman Sachs. Analysts highlight the company’s strong growth, profitability, and leadership in the home services market, despite valuation concerns.
Jane Street-backed Nebius Group surges 52% intraday after Microsoft pact; 1-year gains top 330%
Nebius Group N.V. shares surged 52% on Nasdaq after announcing a multi-billion dollar AI infrastructure deal with Microsoft. The agreement ensures long-term committed capacity from Nebius’ new Vineland, New Jersey data center.
MF Tracker: Can a 9-out-of-10 times large & mid cap winner sustain its momentum?
Quant Large & Mid Cap Fund, known for its algorithm-driven strategy, has shown strong returns in most of the last decade, outperforming its category in several years. Despite recent underperformance against its benchmark, analysts highlight its potential in various market conditions.
Retail investors hit hard: 8 of top 10 most held stocks in red
Data from the quarter reveals a worrying trend: most retail-favourite stocks have delivered negative returns despite their popularity. However, Tata Motors broke the pattern with a 4.5% gain in Q2FY26, while Tata Steel also managed a 5.7% rise, making them the only two gainers among the top ten.
NSE appoints Srinivas Injeti as Chairman of company’s board
The National Stock Exchange (NSE) has appointed retired IAS officer Srinivas Injeti as its new Chairperson. Backed by SEBI approval, Injeti brings four decades of regulatory, governance, and financial services experience, including leading reforms in insolvency, competition, and corporate laws.
93% cryptocurrency investors want regulation, 84% find current taxes unfair: Survey
India tops global crypto adoption for the third year, but investors demand clarity. A Mudrex survey shows 93% want regulations, 84% call current taxes unfair, and 91% consider crypto policy key to voting decisions.
Silver may hit Rs 1.5 lakh per kg in 12 months on safe haven flows, says Motilal Oswal report
Silver prices may climb as high as Rs 1.5 lakh per kg in the coming months, supported by robust industrial demand, a weakening dollar and safe-haven flows amid global uncertainties, according to a report by Motilal Oswal Financial Services.
Explained: What is China’s anti-involution shift and how it impacts Indian stocks
China’s 2025 anti-involution strategy to curb oversupply in steel, solar, and EVs is reshaping global markets. Analysts see upside for Indian stocks like Reliance, Tata Steel, JSW Steel, Hindalco, and Vedanta while EVs show mixed impact and second-order gains may flow to banks and capital goods.
Vijay Kedia-backed SME IPO to open next week. Check price band and other details
TechD Cybersecurity, backed by Vijay Kedia, is launching a Rs 40 crore IPO on NSE Emerge from September 15–17 at Rs 183–193 per share. Proceeds will fund global expansion, talent growth, and India’s largest integrated cybersecurity GSOC in Ahmedabad.
Midcaps and smallcaps to drive next bull run: Gautam Shah
Market expert Gautam Shah believes Indian equities are nearing a breakout after months of stagnation. With strong government reforms, supportive liquidity, and key resistance at 24,850, Nifty could soon test 25,000 and aim for lifetime highs of 26,200.