Urban Company, Shringar House, and Dev Accelerator IPOs drew record bids worth ₹1.22 lakh crore. Urban Company led with subscriptions nearly 100 times the offer, highlighting robust investor demand despite stretched valuations and high-risk considerations.

Sebi has expanded IPO anchor investor participation to include insurance and pension funds alongside mutual funds, raising anchor quota to 40% and merging allotment categories, aimed at diversifying the investor base and ensuring greater stability.

Sebi has approved a single-window clearance system to simplify market access for foreign portfolio investors. This initiative will streamline the registration process for FPIs, including sovereign wealth funds and public retail funds, managing over Rs 81 lakh crore in Indian assets. The automatic window will apply to FPIs with significant government ownership or those regulated in their home countries.

Wall Street indices saw a calm opening on Friday after hitting record highs earlier. The Dow Jones Industrial Average experienced a slight dip. Meanwhile, the S&P 500 and Nasdaq Composite showed marginal gains. These movements follow a week of economic reports. The reports have strengthened expectations for upcoming interest rate cuts. Investors are watching closely.

The dividend yield ratio shows annual dividend income relative to stock price, helping investors assess income potential, compare returns, and gauge company stability, though very high yields may signal underlying risks.

Jefferies expects India’s CRDMO sector to see strong growth over 3–5 years, recommending Divi’s Labs, Cohance Lifesciences, Sai Life Sciences, and Piramal Pharma for gains up to 30%, while flagging Laurus Labs as underperforming.

Market regulator Securities and Exchange Board of India (Sebi) on Friday likely approved changes in the minimum public offer and timeline for meeting minimum shareholding requirements, ETNow reported.

Global investors are showing renewed interest in Chinese government bonds as yields reach multi-month highs, driven by a selloff and rotation into stocks. Firms like AllianzGI and AllianceBernstein are increasing their holdings, anticipating further monetary easing by the PBOC to support the fragile economy.