Defence Sector

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.

Indian markets ended sharply higher on July 10, 2026, with Sensex rising 827 points and Nifty gaining 244 points. Strong TCS Q1 FY27 results, a rally in IT stocks, lower crude oil prices, easing volatility, and positive global cues supported investor sentiment. Realty, PSU banks, and financial stocks also witnessed strong buying during the session.

Kusumgar IPO's Grey Market Premium (GMP) is ₹159 on 10 July 2026, suggesting an estimated listing gain of nearly 38%. Meanwhile, the IPO has received strong investor interest, with the issue subscribed 28.63 times by Day 2.

Indian benchmark indices witnessed a broad-based sell-off on July 8, 2026, with the Nifty 50 and Sensex declining more than 2% as renewed US-Iran tensions, soaring crude oil prices, a weaker rupee, and rising market volatility dented investor sentiment. Banking and financial stocks led the decline, while most sectoral indices ended deep in the red amid growing geopolitical uncertainty.