Shanti Gold International’s Rs 360-crore IPO opened to strong retail interest, with a 43% subscription on Day 1. Despite low QIB participation, a Rs 40 grey market premium hints at 20% listing gains. Strong financials and strategic expansion plans bolster investor confidence.

Trump renewed his call for a drastic rate cut of over 3 percentage points.

Wall Street indices are at record highs. The market is reacting positively to strong earnings reports and anticipated trade agreements. A US-European Union trade deal is expected. Spartan Capital Securities Peter Cardillo believes the rally has legs. He suggests the India-UK FTA could set a 15% tariff norm. Cardillo is optimistic about India reaching a trade deal soon.

REC shares experinced a decline on Friday despite a 29% YoY rise in Q1FY26 net profit to Rs 4,465 crore, driven by strong revenue and improved asset quality. The company also announced an interim dividend and maintained solid financial ratios, including a strong capital adequacy position.

NSDL IPO: NSDL revealed the price band for its IPO, setting it at ₹760–₹800 per share. The lot size is 18 shares, requiring a minimum investment of ₹14,400 for retail investors. The total issue size is estimated at ₹4,011.6 crore.

A recent survey by SBNRI reveals that 52% of NRIs are now prioritizing Indian commercial real estate (CRE) for its high returns and portfolio diversification benefits. This shift is fueled by the post-COVID rebound, streamlined processes, and enhanced transparency in the Indian real estate sector.

Indiqube Spaces IPO GMP: Retail investors demonstrated the strongest interest, with their portion oversubscribed 7.74 times. The Non-Institutional Investor (NII) segment saw a subscription of 2.26 times, while Qualified Institutional Buyers (QIBs) subscribed 1.42 times to their allotted quota.

CDSL shares fell as investor focus shifted to rival NSDL’s upcoming IPO, set to open on July 30. With strong grey market interest and a Rs 16,000 crore valuation target, NSDL’s listing has put pressure on CDSL, its direct competitor in India’s depository space.

Jigar Mistry outlines a cautious yet optimistic 6-month market roadmap, highlighting sector shifts, earnings risks, and key investment strategies.

Jim Rogers expresses optimism about India s economic future, citing a shift in Delhi s understanding of prosperity. Despite this, he s sold his holdings due to global market highs and anticipates potential problems. Rogers awaits significant market fear before reinvesting, particularly in India, which he believes will be a leading nation again.