Will Groww’s stock continue to climb after its IPO debut?
Billionbrains Garage Ventures, the parent of broking firm Groww, made a strong debut on the stock market. The company’s shares listed at a premium, surpassing initial expectations. The IPO saw significant subscription across investor categories. Groww’s market capitalization now stands considerably higher than its peers, indicating strong investor confidence in its future prospects.
Hopes of tariff cut, NDA’s likely Bihar win lift D-Street
Indian stock markets surged for a third consecutive day, with Nifty and Sensex logging significant gains. Positive sentiment was driven by US President Trump’s remarks on reducing tariffs on Indian exports and expectations of an NDA victory in Bihar. IT stocks led the rally, buoyed by a softened stance on H-1B visas.