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HDB Financial set its IPO price band at 700740, a sharp 42% discount to its grey market valuation. This reflects a broader trend of conservative IPO pricing despite soaring unlisted market interest in firms like NSE and Tata Capital.
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News and Media
Maersk has temporarily suspended vessel calls at Israel's Haifa port due to escalating regional tensions. This decision follows recent exchanges of attacks between Israel and Iran. Iran's Revolutionary Guards claimed responsibility for missile and drone attacks targeting military and industrial sites in Haifa and Tel Aviv, further contributing to the instability.
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News and Media
Market veteran Madhu Kela advises investors to focus on bottom-up ideas and segregate research from execution. He is bullish on India's long-term prospects, citing favorable macro parameters. Kela highlights opportunities in select sectors and stocks, particularly NBFCs, due to improved regulations and liquidity. He suggests that range-bound markets are ideal for stock picking, identifying potential multibagger stocks.
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News and Media
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