Sunshine Pictures, led by Vipul Amrutlal Shah, plans to raise around ₹500 crore through an IPO. The funds will help the production house scale up amidst a tough environment in the Hindi film industry. The company intends to file a draft red herring prospectus soon.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and