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Regaal Resources will launch its Rs 306 crore IPO, closing on August 14, with a price band of Rs 96-102 per share. The IPO comprises a fresh issue and an OFS by the promoter group. Proceeds will be used to repay borrowings. Brokerages recommend subscribing, citing the company's strategic location, efficient procurement, and diversified product portfolio.
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Investors await JSW Cement IPO allotment finalisation. The IPO witnessed 7.7 times subscription, driven by institutional interest. Allotment status can be checked via Kfin Technologies or the BSE website. Refunds and demat credit are expected soon. JSW Cement will list on BSE and NSE. Proceeds will fund a new cement unit and debt repayment. Market sentiment will influence listing performance.
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Asian stock markets saw gains at the opening bell. Investors are awaiting the release of a crucial inflation report from the United States. This report is expected to influence the Federal Reserve's decisions on interest rates. The Nikkei-225 index in Japan experienced a notable increase. Meanwhile, Chinese stocks are under scrutiny following President Trump's extension of tariff pauses.
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