Jio Financial Services is considering raising funds through various methods, including equity shares, warrants, or a QIP, as decided in a board meeting on Wednesday. Promoters, including the Ambani family, are likely to increase their stake to 51% via a preferential issue priced at ₹318 per share, potentially infusing ₹8,000 crore.

M&B Engineering plans to raise ₹650 crore through an IPO, including a fresh issue and offer for sale, to fund expansion and debt repayment. The company, known for its AISC-certified PEB facility and higher margins, will see promoter stake decrease post-IPO.

Tata Motors is reportedly close to acquiring Italian truck maker Iveco from the Agnelli family for $4.5 billion, potentially the group s second-largest acquisition. Expected to be announced soon, the deal involves Tata buying Exor s stake and launching a tender offer for remaining shares, excluding Iveco s defense business. Iveco confirmed advanced talks, and its shares surged on the news.

National Securities Depository plans to raise funds through an offer for sale. The depository s IPO valuation is lower than Central Depository Services. India s demat account penetration shows annual growth. NSDL focuses on institutional clients. Total income and net profit witnessed growth between fiscal year 2023 and fiscal year 2025.

Bajaj Finance s stock decline highlights growing stress in sectors served by NBFCs, including microfinance and MSMEs. Despite improved banking liquidity, asset quality faces challenges, with rising NPAs. Even traditionally stable segments like loans to doctors are showing strain. Analysts eye the festive season, hoping increased consumption will alleviate the stress on loan repayments and asset quality for NBFCs.

Fertilizer and agrochemical stocks surged, fueled by robust Q1 results from companies like Paradeep Phosphates and Mangalore Chemicals & Fertilisers. A resurgence in demand post-COVID and promising monsoon forecasts, exceeding normal levels by 6%, further bolstered investor confidence. Several companies have witnessed substantial gains in recent months, driven by import replacement opportunities.

Asian equities displayed mixed performance ahead of the Federal Reserve s policy decision, with limited impact from US-China trade talks. The US and China are continuing negotiations regarding a tariff truce, while Trump hinted at potential tariffs on India.

Markets rebounded on Tuesday, gaining ground after a recent dip. Several companies are in the spotlight, including IndiGo, Hyundai, L&T, JSW Steel, and NTPC, due to their first-quarter results and other significant news. L&T and NTPC reported substantial profit growth, while Jio Financial is considering a fundraising proposal.

Novo Nordisk s market value plummeted by $70 billion following a profit warning and the appointment of Maziar Mike Doustdar as the new CEO. The company slashed its 2025 sales growth outlook due to lower expectations in the U.S. market, particularly for Wegovy and Ozempic. Doustdar faces the urgent challenge of reviving U.S.