BSE SME exchange crosses 600 listings milestone, cos raise Rs 10,652 crore
Since its launch, the BSE SME platform has enabled companies to raise Rs 10,652 crore, with their combined market capitalisation reaching Rs 1.84 lakh crore. The average SME IPO size has jumped to Rs 32 crore since January 2023, nearly three times the earlier Rs 11 crore average recorded between March 2012 and December 2022.
2 top stock recommendations from Dharmesh Shah
ICICI Direct’s Dharmesh Shah suggests a ‘buy the dip’ strategy, noting strong support for Nifty around 24,400-24,500. Despite tariff concerns, the market is expected to hold. A gradual recovery is anticipated in the coming weeks, targeting 25,300. For today’s trading, L&T is favored due to strong results and order inflow, targeting ₹3,812.
MCX shares slip over 3% on profit booking after a sharp 5% rally on strong Q1 results
MCX shares slipped sharply as investors booked profits following a strong rally driven by robust Q1 earnings and a stock split announcement. The exchange posted record quarterly revenue and an 83% YoY jump in net profit, supported by higher trading volumes and product expansion.
Sawaliya Food Products IPO to open on August 7, price band set at Rs 114 – Rs 120
Sawaliya Food Products IPO: The IPO comprises up to 29,02,800 equity shares with a face value of ₹10 each. This includes a fresh issue of up to 26,02,800 shares and an offer for sale (OFS) of up to 3,00,000 shares.
Ather Energy shares tumble 5% even as Q1 net loss narrows 2%YoY. Should you buy?
Ather Energy recorded a 97% year-on-year (YoY) increase in volumes in Q1, selling 46,078 units, driven by strong demand for its flagship Ather Rizta and an aggressive retail expansion push. The company’s total income rose 83% YoY to Rs 672.9 crore in the June 2025 quarter.
Defence stocks overheated, wait for correction: Deven Choksey
Deven Choksey believes PB Balaji’s financial expertise will benefit Tata Motors and JLR, citing his successful turnaround of Tata Motors. He also discusses Antfin’s stake sale in Paytm, emphasizing the need for robust back-end integration. Choksey expresses valuation concerns in the defense sector and favors niche pharma companies over pure generics.
Trump’s tactics a negotiation play, not a policy shift: Richard Redoglia
Richard Redoglia suggests Trump is using India as leverage in negotiations with Russia, particularly concerning the war in Ukraine. Despite potential geopolitical risks and fluctuating oil prices, India’s pragmatic approach to energy imports remains steady. Redoglia believes market reactions, including the dollar’s value, are secondary to Trump’s broader pursuit of global peace and trade.
Earnings season not as weak as feared, downgrade cycle may be ending: Nitin Raheja
Julius Baer Wealth Advisors’ Nitin Raheja suggests the economic slowdown might not be as bad as feared. Earnings season results, particularly in IT and banking, exceeded expectations. Raheja remains positive on the cement sector, citing strong profitability and infrastructure spending. He anticipates continued uptrend for cement companies.
Fund Manager Talk | Kotak’s Rohit Tandon on beating the market with earnings momentum
Kotak Mutual Fund has launched the Kotak Active Momentum Fund, leveraging an Enhanced Earnings Factor Model. This data-driven strategy focuses on companies with increasing profits, driven by analyst upgrades and positive earnings surprises. Back-testing reveals a strong CAGR and consistent outperformance, even during market volatility, offering a fundamentally grounded approach to momentum investing.
Hero Realty CEO: Indian real estate has evolved into a de-risked global asset class
Indian real estate transforms into a stable investment destination. Economic growth and regulatory reforms reshape the sector. Infrastructure expansion and transparency measures de-risk investments. Demand rises in both commercial and residential properties. Tier-1 cities remain the primary focus for real estate companies. However, tier-2 cities also show potential. Residential demand is resilient and office REITs […]