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The base issue size is ₹200 crore, with an option to retain oversubscription up to an additional ₹200 crore under a green shoe option.

Investors are now eyeing US macroeconomic releases, including the final Q2 GDP, weekly jobless claims, durable goods orders, and Friday’s Personal Consumption Expenditure (PCE) Price Index, the Fed’s preferred inflation gauge.

Elara believes that with traffic being predominantly organic, the Customer Acquisition Cost (CAC) is low. Therefore, margins for the company can expand by 710 basis points by financial year 2028 to 30.6% from 23.5% last year.

For US equities, Fook Hien Yap, Senior Investment Strategist at Standard Chartered Bank said the outlook remains positive but pointed out that markets could face some consolidation after recent gains.

Government sources told CNBC-TV18 that the Ministry of Defence is set to formally sign a contract this afternoon with HAL for 97 Tejas Mark-1A fighter jets, in a deal likely valued at around ₹67,000 crore.

Hindustan Copper shares have gained on very high volumes on Thursday, with over 2 crore shares changing hands, compared to the 20-day average of 30 lakh shares.

Overall, RBL Bank retained a positive outlook, expecting steady return on assets (RoA) improvement over the next 4-6 quarters.

Forex traders said the currency is under renewed pressure this week due to a combination of global and domestic factors.

Newgen will provide a modernised cloud-based enterprise records management platform for an end customer in Belgium as part of its deal with TCS.

iValue Infosolutions IPO Listing: The issue received bids for 2.38 crore shares against 1.31 crore on offer, getting subscribed 1.82 times overall.