Zepto has not received final SEBI approval for its IPO, sources said, calling reports speculative. The company is in final stages, assessing investor interest and market readiness ahead of launch.
Oil prices jump as US strikes over 50 targets on Irans Kharg Island, WTI tops $115 dollars, Brent over $110, markets fall amid Hormuz deadline and wider war fears
SEBI has granted a one-time extension for IPO observation letters expiring between April and September 2026, citing weak market conditions and geopolitical tensions impacting issuers’ ability to access capital markets.
India markets regulator on Tuesday granted a onetime extension for approved public offers that are being deferred due to weak market sentiment as a result of the Middle East war, which has entered the sixth week.
State Bank of India faces about 32 million dollars loss from unwinding 5 billion dollars rupee bets after RBI crackdown, impact seen manageable for the 800 billion dollars asset bank
Pricing distortions stemming from the Indian central bank’s recent foreign exchange curbs have opened up arbitrage between exchange-traded rupee futures and onshore forwards.
Closing bell: Markets ended higher for a fourth straight session, with Nifty closing above 23,100 and Sensex gaining 510 points, led by IT and metal stocks, while stock-specific action and positive breadth supported sentiment.
Abhishek Pathak of Motilal Oswal prefers HCLTech and Tech Mahindra among large-cap IT stocks, while highlighting Coforge and Mphasis as attractive midcap picks, citing strong deal visibility, better valuations, and higher agility in adapting to AI-led changes.
Tata Mutual Fund has resumed lump-sum investments in its small-cap fund, citing better valuations after recent correction and improved opportunities for long-term capital deployment.
While most sectors have seen EPS downgrades due to the conflict, the weaker rupee has led to EPS upgrades of 2-4% for the IT sector for FY27, and to a lesser extent for FY28.