Clean Max Enviro IPO: Check brokerages review, GMP, subscription and other details
CleanMax Enviro Energy’s Rs 3,100 crore IPO opens Monday, with a marginal grey market premium suggesting limited listing gains. The renewable energy provider, India’s largest in the commercial and industrial sector, aims to repay debt with IPO proceeds. Analysts offer mixed views, with some recommending long-term investment despite aggressive valuation.
Kiaasa Retail IPO: GMP among key details to know before subscription
Kiaasa Retail’s Rs 70 crore IPO opens Monday, with no immediate listing gains expected. The company, a women’s ethnic and fusion wear brand, plans to use IPO proceeds for opening new stores. Kiaasa reported increased income and profit in FY25, operating 113 outlets across India.
Can Clean Max IPO deliver long-term growth for high risk investors?
Clean Max Enviro Energy Solutions, India’s top renewable energy provider for businesses, is set to raise funds through an IPO. The company aims to repay debt and expand its operations. It serves commercial and industrial clients with solar and wind power. Financials show revenue growth and a recent return to profitability.
Global Market Today: Asian shares hesitant, dollar slips amid tariff confusion
Asian markets and the dollar showed hesitation as investors awaited clarity on U.S. tariffs, following President Trump’s shifting announcements. Tech stocks face scrutiny with Nvidia’s earnings this week, while oil prices eased ahead of U.S.-Iran talks amid lingering strike risks.
Global Market | Global cash is fuelling LatAm stock rally
Latin American stocks are experiencing their strongest investor inflow in a decade, propelling markets in Brazil, Colombia, and Mexico to multi-year highs. This surge, driven by anticipation of policy shifts and potential interest rate cuts ahead of presidential elections, has pushed the MSCI EM Latin America Index to an eleven-year peak.
Some short covering likely, but tariff flip-flop to weigh
Indian markets approach Monday with cautious optimism following a US Supreme Court ruling on tariffs. While new levies are lower than initially feared, ongoing trade uncertainties and geopolitical tensions with Iran are expected to temper any significant gains. Analysts anticipate a modest rally, with investors now focusing on earnings and currency movements for future direction.
Bearish bets on local IT counters surge as AI fears spook investors
Indian IT stocks face increased bearish bets. Traders are positioning for future declines, with significant open interest build-up in IT stock futures. This trend intensifies following AI automation tool launches. The sector’s growth trajectory is under scrutiny. Investors are closely watching upcoming contract expiries for further directional cues.
IDFC First points to connivance of staff and outsiders in branch fraud
IDFC First branch fraud case: The transactions were executed using forged cheques and manually carried out at the branch, managing director and chief executive V Vaidyanathan told ET.
RBI likely to infuse Rs 5 lakh crore into market in FY27
Economists anticipate the Reserve Bank of India will inject at least ₹5 lakh crore through liquidity operations next fiscal year. This move aims to balance a significant supply-demand imbalance in the bond market, facilitating effective transmission of past rate cuts and controlling borrowing costs amid substantial issuances.
Bulls may lose vigour near 26,000; support at 25,200: Analysts
Nifty is poised for a range-bound week, facing strong support near 25,200. Analysts suggest gains may be limited around 25,650. Traders are advised to watch for a decisive breakout. Specific stock recommendations include Bajaj Finance, Dixon Technologies, Bharat Electronics, Tata Steel, Navin Fluorine, and Colgate Palmolive. Strategies focus on navigating this anticipated market movement.