SBI Funds Management IPO enters the spotlight with steady GMP, strong investor interest and key details on subscription, valuation and listing.
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SBI Funds Management IPO enters the spotlight with steady GMP, strong investor interest and key details on subscription, valuation and listing.

Sandip Agarwal's optimism comes at a time when sentiment towards the sector has weakened following cautious commentary from global technology companies, including IBM, and concerns that AI is reducing demand for conventional IT services.

The NSENifty 50 closed 0.09% or 22.80 points higher at 24,074.85, while the BSESensex rose 0.16% or 120.26 points to end at 77,175.20.

Wipro will announce Q1 FY27 results after market hours on July 16. Here's the earnings timing, interim dividend update, earnings call schedule and more.

SBI Funds Management's Rs 9,795 crore IPO opened on July 14 with a price band of Rs 545 to Rs 574, closing on July 16.

The series marks Zimbabwe’s first outing in the format since a successful T20 World Cup campaign earlier this year.

Rising component costs and higher prices for new computers are supporting demand for refurbished PCs, while GNG Electronics expands its global footprint and margins.

The AMC posted a consolidated bottom-line of Rs 837 crore, compared to Rs 748 crore in the year-ago period

Lower provisions are expected to support earnings, while investors look for management's commentary on margins, loan growth and asset quality.

DeepSeek has started planning for an IPO in the mainland and targeted a filing this year that would allow it to debut in 2027.