Institutional lending to stockbrokers witnessed a significant surge of 28% in FY25, fueled by increased trading activity and greater investor participation in the equities market. Punjab National Bank experienced the most substantial growth, while ICICI Bank remained the leading lender. Conversely, State Bank of India reduced its exposure to this sector during the same period.

Sebi plans to ease Foreign Portfolio Investors entry into India. The regulator will consider an automatic window for simplified registration. This move aims to boost ease of business amid ongoing equity exits. The automatic window will cover 70% of registered FPIs. Sebi will also review quota for domestic insurance firms in IPO anchor books.

Following weak U.S. jobs data, stocks rose amid expectations of Federal Reserve rate cuts, while the dollar weakened. Japan s yen declined due to political uncertainty after Prime Minister Ishiba s resignation, raising concerns about future monetary policy. Gold prices remained near record highs as investors awaited U.S. inflation data and monitored political developments in France.

Oil prices saw a slight increase in early trading following OPEC+ s decision to moderately raise output from October, a response to anticipated weaker global demand. This decision, while surprising given potential winter oversupply, contrasts with larger previous monthly increases. Market sentiment is also influenced by potential U.S. sanctions on Russia and ongoing geopolitical tensions, including Russia s intensified attacks on Ukraine.

Nilachal Carbo Metalicks launched its Rs 56.10 crore IPO today, closing on September 11 and listing on BSE SME on September 16. The IPO offers 66 lakh shares at Rs 85 each, with a lot size of 3,200 shares for retail investors. The company will use the funds for expansion and modernization.

It will be a packed week for primary markets with nine IPOs opening for subscription across mainboard and SME platforms. From marquee names like Urban Company to niche players in retail, metals and engineering, investor interest is buzzing. GMPs show strong appetite for some issues, while others are yet to generate traction.

Indian equities kicked off last week on a high, with the GST Council’s sweeping tax cuts sparking hopes of a broad rally. However, the rally fizzled out as quickly as it started. By Friday, the Nifty gave up much of its early gains.

Urban Company, India’s largest home services platform, is all set to launch its much-awaited IPO next week.