DreamFolks Services shares: The company has immediately exited the domestic airport lounges business, calling the impact material, but will continue other services and global lounges while working on alternate offerings for clients.

Mobikwik shares: The digital payments company lost about ₹40 crore in a suspected fraud caused by a system glitch that allowed nearly 5 lakh UPI transactions to bypass balance checks and PIN verification over two days.

Indian benchmark indices Sensex and Nifty began positively on Wednesday, fueled by financial and automotive sectors. This surge followed the government s optimistic remarks on trade discussions with the US and anticipation of a Federal Reserve interest rate cut. The S&P BSE Sensex climbed by 0.21%, while the NSE Nifty increased by 0.24% at the opening.

Brokerages stay bullish: Nuvama starts Eureka Forbes with Buy (20% upside), Motilal Oswal reaffirms Biocon Buy (13% upside), Religare Broking positive on REC Ltd (22% upside) citing strong growth drivers.

A White Marubozu is a bullish candlestick pattern in technical analysis. It forms when the opening price is the lowest and the closing price is the highest for the given period.

HCL Technologies’ software arm has launched HCL Unica+ in India, an AI-first MarTech platform designed for the Intelligence Economy. Aimed at tackling the challenges of India’s diverse, multi-lingual market, the platform enables brands to engage with over 800 million internet users. It focuses on delivering hyper-personalized interactions to build trust in an attention-scarce digital landscape.

Mukesh Ambani plans to launch Jio IPO in 2026. It could be India s biggest IPO. The IPO has sparked debate among investors. They are discussing whether it will unlock value or create a holding company discount for Reliance Industries. Sebi s new rules aim to reduce concerns. Analysts have mixed opinions on the potential impact.

The US Federal Reserve is expected to cut rates. Markets anticipate this move. Investors are watching for clues about the US central bank s approach to a slowing labor market and inflation. Foreign institutional investor flows in India may depend on the policy signal from Washington. Nifty 50 closed positively.

Airfloa Rail Technology s SME IPO, oversubscribed 300 times, has generated significant investor interest, indicated by a 125% GMP. Despite this enthusiasm, exchange regulations limit first-day gains to 90% above the issue price, preventing immediate doubling. However, strong demand and the company s involvement in key railway projects suggest potential for further appreciation in subsequent trading sessions.

Urban Company share price: Urban Company s IPO made a strong debut, listing at a significant premium due to high demand from institutional and retail investors. The company plans to use the IPO proceeds to enhance technology, expand services, and grow geographically. Analysts suggest holding the stock for long-term gains, citing Urban Company s strong market position and growth potential in the tech-enabled home services sector.