Market News

The IPO investors can check the allotment status on the websites of BSE, NSE and KFin Technologies.

At the interbank foreign exchange, the rupee opened at 94.88 and traded in the range of 94.59-94.93 during the day. It settled at 94.65 (provisional), up 11 paise from its previous close.

The NSE Nifty 50 rose 197.55 points, or 0.83%, to close at 24,021.65, while the BSE Sensex gained 790.54 points, or 1.04%, to end at 76,991.22.

Bajaj Finance shares advanced 2.12% intraday to Rs 982.8 apiece.

IRFC share price slipped as much as 5.83% to Rs 92.92 apiece.

Advit Jewels Ltd raised Rs 49.52 crore from anchor investors ahead of its Rs 165.16 crore IPO priced between Rs 130 and Rs 138 per share.

Waterways Leisure Tourism, operator of Cordelia Cruises, opened its Rs 585 crore IPO with a price band of Rs 769-808 per share, following Rs 263.25 crore raised from anchor investors.

IPO GMP Today: Check the latest Grey Market Premium, subscription status and listing outlook for CSM Technologies IPO, Advit Jewels IPO and Waterways Leisure Tourism IPO as investor interest remains strong.

Strong order pipelines and expansion into commercial shipbuilding support long-term prospects, but shrinking order books and delayed contract awards have weighed on stock performance.

Market experts shared their insights on fundamentals and technical levels for key stocks, including and more.

Brent crude slipped to an intraday low of $75.44 per barrel on Wednesday, below the previous post-war low of $75.75 (recorded on March 3, 2026), while US benchmark West Texas Intermediate traded near $71 a barrel.

Westside has the potential to grow to around 700 stores, compared with roughly 300 currently. The bigger opportunity lies in Zudio, where Trent believes the format can eventually support around 5,000 stores across India, up from nearly 960 stores today.

Shares of Vedanta Aluminium opened at Rs 453.51 against a previous close of Rs 456.61 and rose 3.4% to hit an intraday high of Rs 469 apiece on the NSE.

Commercial negotiations over GE Aerospace's F414 engine programme have slowed amid differences over pricing, technology transfer and local manufacturing plans, according to a media report, raising questions over costs and timelines for India's fighter aircraft programmes.

Market experts shared their insights on fundamentals and technical levels for key stocks, including and more.

The war may be over, but the market and policy impact of the Hormuz disruption continues, Burkhard said.

The brokerage downgraded HCL Technologies, Wipro and Tata Technologies to Underweight from Neutral, while cutting their target prices. JPMorgan lowered its target on HCL Tech to Rs 1,000 from Rs 1,370, cut Wipro's target to Rs 160 from Rs 200 and reduced Tata Technologies' target to Rs 540 from Rs 560.

The physical-store model, supported by continued aggressive expansion, remains DMart's principal defence against escalating quick-commerce competition, complemented by a measured DMart Ready scale-up and a sharper focus on home delivery as the preferred channel, adds the brokerage.

ICICI Securities has maintained a Buy' rating on CreditAccess Grameen citing strong growth visibility driven by its strategic pivot towards a diversified rural finance model.

LIC has announced a final dividend of Rs 10 per equity share, as per an exchange filing from the company. The record date for determining the eligibility of the investors for the dividend's payout is on June 25.