Gaudium IVF & Women Health IPO | The public issue is a combination of fresh issue of 1.13 crore shares worth Rs 90 crore, and an offer-for-sale of 94.93 lakh shares amounting to Rs 75 crore.
On the sectoral front, PSU Bank index up 2 percent, IT index up 1 percent, media index rises 0.6 percent, auto index up 0.5 percent, while metal down 1 percent and realty index down 0.3 percent. Adani Enterprises, ITC, Bharat Electronics, Infosys, L&T were among major gainers on the Nifty, while losers are Eternal, Trent, Hindalco Industries, Reliance Industries and Tata Steel. Nifty Midcap index rose 0.3% and smallcap index added 0.5%.
CleanMax IPO | The company has fixed price band for the public issue at Rs 1,000-1,053 per share.
Ajit Banerjee expects fourth quarter to close the fiscal year on a firmer footing compared to the relatively softer first half. Overall earnings growth for FY26 is likely to be in the high single digits, with FY27 appearing more constructive, potentially delivering growth of around 15%.
Equity-index futures for Japan were a touch weaker, while shares opened higher in Australia
PNGS Reva Diamond Jewellery is launching a Rs 380 crore IPO to fund expansion, preferring equity over debt due to conservative promoters.
The Nifty 50 may see consolidation as long as it trades below 25,750, with support placed at 25,600–25,500. Climbing and sustaining above 25,750 could open the door for a sharp rally.
The market may see consolidation until it closes above the bearish gap of February 13. Below are some short-term trading ideas to consider.
Stocks to Watch, 17 Feb: Stocks like JSW Infrastructure, Cochin Shipyard, Lupin, Texmaco Rail & Engineering, Highway Infrastructure, TVS Supply Chain Solutions, and Seamec will be in focus on February 17.
Aye Finance shares closed the first session at Rs 128.91, down 0.07 percent after hitting an intraday high-low of Rs 133.8-120.55.
Markets were closed in Shanghai, Seoul and Taipei for the holiday, while Hong Kong and Singapore opened only for half-day sessions
The Nifty 50 needs to fill the bearish gap of February 13 by decisively surpassing and sustaining above 25,750 for a move towards 26,000. Until then, consolidation with range-bound trading may continue, with crucial support placed at 25,500–25,470, according to experts.
During the trading session, DIIs purchased shares worth Rs 13,121 crore and sold shares worth Rs 11,454 crore. In contrast, FIIs bought shares worth Rs 9,169 crore but sold shares totalling Rs 10,142 crore.
Shree Ram Twistex IPO | The public issue comprises an entirely fresh issue of 1.06 crore equity shares, with no offer-for-sale (OFS) component.
The private equity fund has made 51 investments and completed 24 successful exits till date, generating approximately USD 1 billion in liquidity.
Q3 results impact: Earlier during the day, FirstCry shares dropped more than 12% to hit a fresh 52-week low.
Sundaram AMC launched a USD-denominated offshore feeder fund via GIFT City’s IFSC, offering global investors access to India’s midcap growth.
Weekly options data indicate that the Nifty 50 is expected to trade in the 25,500–26,000 range in the short term.
On the sectoral front, Power, PSU Bank, Realty, Private Bank, Infra, capital goods, energy indices gained 1-2 percent, while media and auto shed 0.5-1%.
IT stocks: After falling more than 1% in the morning, the Nifty IT index completely recovered to snap a three-session losing streak and close in the green.
The Pune-based company’s IPO comprises entirely a fresh issue of equity shares with no offer-for-sale component.
Catch Lovisha Darad in conversation with Anshul Saigal, Market Expert and Rajesh Bhosale, Senior Technical and Derivative Analyst, Angel One
Markets with asymmetry create billionaires. Markets with symmetry create average returns, says the billionaire investor
Three catalysts are driving an intensifying divergence between a cooling US labour market and strong GDP growth
With markets in China closed this week for the Lunar New Year holiday, liquidity is thinner than usual during Asian trading hours.