Defence Sector

The INDO-MIM's Grey Market Premium (GMP) has eased slightly to ₹192 from ₹194 a day earlier. Despite the minor decline, the estimated listing price remains strong at ₹677, reflecting a potential premium of nearly 40% over the issue price.

Indian benchmark indices extended losses for a second straight session on July 21, 2026, with the Nifty 50 and Sensex ending lower due to escalating US-Iran geopolitical tensions, elevated crude oil prices, and persistent FII outflows. Banking and IT heavyweights weighed on the market, while Chemicals and Cement outperformed, led by UltraTech Cement's strong Q1 FY27 earnings and positive brokerage outlook.

The Indian stock market ended lower on 20 July 2026, with the Sensex dropping 442.93 points and the Nifty 50 slipping 95.80 points amid a sharp sell-off in private banking stocks following Q1 FY27 earnings. Explore today's market highlights, top gainers and losers, trending stocks, sector-wise performance, and the major factors that influenced market sentiment.

Indo-MIM IPO opens on 23 July 2026 with a price band of ₹461–₹485 per share. Explore complete IPO details, latest GMP, financial performance, valuation analysis, subscription timeline, and expert review to help you decide whether to apply.

Bharat Heavy Electricals Ltd (BHEL) reported a strong Q1 FY27 performance, returning to profitability with a net profit of ₹378 crore and a 40.3% year-on-year revenue growth. Improved EBITDA, higher margins, and strong Power segment performance drove the earnings recovery.

Indian benchmark indices ended largely unchanged on July 16, 2026, with IT and Auto stocks supporting the market while Realty and Financial Services lagged. Rising Brent crude prices, fresh US-Iran tensions, weak global cues, and profit booking ahead of the Q1 earnings season kept investor sentiment cautious despite selective sectoral gains.

The Union Cabinet’s latest approvals are set to transform India’s manufacturing landscape. Semicon 2.0 with a ₹1.275 lakh crore outlay, mobile phone manufacturing incentives, urea policy reforms, and railway infrastructure projects are expected to boost semiconductor, electronics, capital goods, fertilizer, and infrastructure sectors. Discover the industries and listed companies likely to remain in focus.

Kusumgar Ltd rewarded investors with a strong listing on the NSE, debuting at a 35.8% premium over its IPO price. Backed by a massive 128-times subscription, the stock extended gains during the day, rising nearly 47% above its issue price.

Sensex and Nifty ended nearly flat after recovering from sharp early losses. A strong rally in TCS, HCL Tech, and the IT sector offset weakness in FMCG, metals, and defence stocks amid geopolitical concerns and higher crude oil prices.

Kusumgar IPO received massive investor demand with 135.80x subscription. Check Kusumgar IPO allotment status online, latest GMP trend, estimated listing price, and expected listing gains before the shares debut on the stock exchanges.