When a stock closes above its VWAP, it indicates that the closing price is higher than the average price at which it traded throughout the day, weighted by trading volume.

India Infrastructure Trust leads with a 17.78% yield, followed by PowerGrid Infra at 12.52% and PTC at 11.13%. Indus Infra Trust, India Grid Trust, and Cube Highways Trust also offer substantial returns. Akzo Nobel, Castrol, Brookfield Real Estate, and National Highways Infra complete the list of top dividend-yielding midcap stocks.

Infosys share price: Infosys has announced a significant Rs 18,000 crore share buyback at Rs 1,800 per share, a 19% premium, aiming to benefit its shareholders amidst market volatility. Analysts view this move as a strategic vote of confidence, with potential EPS growth and attractive dividend yields, despite modest revenue growth expectations and concerns about long-term investment strategies.

Jefferies is optimistic about 25 companies across 11 sectors. The brokerage firm highlights potential growth in financials, automobiles, and metals. Infrastructure, energy, and real estate sectors also show promise. Pharma, FMCG, telecom, and aviation are among the favored sectors. Reliance Industries, HDFC Bank, and UltraTech Cement are key picks. The report suggests strong earnings growth for several companies.

Gold futures edged higher and silver hit a record Rs 1,28,294/kg on Fed rate cut hopes. Traders eye U.S. inflation, job data, dollar index, and support-resistance levels for direction.

Airfloa Rail Technology SME IPO sees robust investor demand on Day 2, with grey market premium surging to 118%. Retail investors led subscriptions at 34x, while QIB participation remains muted. IPO aims to raise Rs 91 crore, funding expansion, debt repayment, and working capital.

Infosys has announced a buyback of ₹18,000 crore at ₹1,800 per share, a 19% premium over the previous closing price, leading experts to suggest a buy on dips strategy. Analysts anticipate this move could initiate a rally in the stock, supported by a strong balance sheet and potential EPS boost.

Despite a flat broader market, select penny stocks have delivered substantial returns, with some surging up to 500%. Consecutive Investments leads the rally, while others like Gayatri Highways also saw significant gains. Analysts caution about the high risks associated with these stocks, including volatility and weak governance, as market sentiment turns cautious towards smallcaps.

The Indian rupee saw gains on Friday. This is due to hopes of Federal Reserve rate cuts. Forward premiums reached levels not seen since May. The rupee had previously hit an all-time low. Pressure on the rupee continues due to tariffs and speculator demand. The Fed is expected to cut rates multiple times. Data supports the likelihood of these cuts.

Asian gold markets experienced muted demand this week due to record-high prices. China saw significant discounts as retail purchases slowed, while its central bank continued its gold-buying spree for the tenth month. In India, buyers hesitated despite the approaching festive season, anticipating a price correction.