NSDL IPO GMP: Although grey market premiums (GMPs) are unofficial and stem from informal trading, they are commonly viewed as an indicator of investor interest before a company goes public. A premium of this scale points to the potential for strong listing gains in NSDL’s IPO, particularly considering the company’s key position in India’s financial ecosystem and the support it enjoys from major institutional investors.

TCS shares fell 1.7% to Rs 3,081.60 after the company announced it could no longer redeploy employees whose skills no longer align with its shifting business requirements.

Shriram Finance shares: Shriram Finance on Friday, July 25, reported a standalone net profit of Rs 2,156 crore for the April–June quarter, marking a 9% increase from Rs 1,981 crore in the same period last year. On a sequential basis, profit after tax rose 0.8% from Rs 2,139 crore in the January–March quarter.

Swaminathan Aiyar suggests India holds a strong position as an investor in the UK, particularly with the Tata Group s significant presence. Relaxed social security deductions could further boost Indian IT investment. While the government aims for job creation in labor-intensive sectors, Aiyar believes India s strength lies in its skilled workforce, presenting opportunities in finance, media, and sports.

The Fed is closely monitoring employment rates and data, especially after Labour Day, amidst pressure from the administration. Wall Street anticipates the FOMC meet, expecting steady rates but keenly watching for commentary on potential September rate cuts.

Sri Lotus Developers and Realty s IPO is set to open on July 30, aiming to raise ₹792 crore for expansion. The IPO follows a private placement where shares were allotted to Bollywood celebrities and high-profile investors at ₹150 apiece. The company focuses on luxury redevelopment projects in Mumbai s western suburbs.

Investors can apply for a minimum of 166 shares, with bids accepted in multiples, until the issue closes on July 28. Share allotment is likely on July 29, with the stock expected to list on both BSE and NSE on July 31. The IPO, pegging the company’s valuation at over Rs 3,400 crore at the upper price band, is a pure fresh issue.

Cipla shares: Following the earnings announcement, several brokerage firms revised their target price for the stock, with some estimates reaching as high as Rs 1,875 per share, indicating potential for further upside.

Global stocks surged following a U.S.-EU trade agreement, imposing a 15% tariff on EU goods. This deal, along with U.S.-Japan trade agreement, boosted market sentiment ahead of key Federal Reserve and Bank of Japan meetings. Investors are optimistic about U.S. and China talks in Stockholm, expecting an extension to their trade truce. The market is closely watching upcoming U.S.