News Overview

Indian markets likely to open lower after ending the week negative but with three consecutive weekly gains.

The 6 members of the MPC remain cautious on inflation, but at least 2 members want more dovishness in policy

Among the major gainers on the Nifty were Bharti Airtel, LTIMindtree, Adani Ports, Hindalco, and Infosys.

This investment, led by existing investors and prominent newcomers like DST Global, propels Zepto's valuation to $3.6 billion.

With these robust financials and a strategic focus on the education sector, Avanse Financial Services is poised to leverage its IPO

The market sentiment was also affected by a mixed performance in broader indices and varying sectoral strengths.

The Akme Fintrade IPO is valued at ₹132 Crore, consisting entirely of a fresh issue with no offer-for-sale component.

The MoU aligns with Hindustan Zinc's initiatives to explore potential zinc applications in the sustainable energy transition.

DEE Development Engineers has an operational capacity of 94,500 tonnes per annum and is adding another 9,000 tonnes at its Anjar facility.

The bank plans to include a special resolution for this potential fundraising in its upcoming Annual General Meeting (AGM) notice.