Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from SBI Securities

Indo-MIM IPO: Issue booked 1.4x on Day 2; Check GMP, dates, other key details

Indo-MIM's Rs 3,811-crore IPO was subscribed 1.40 times on day two, driven by NIIs at 3.85 times, with retail fully covered and QIBs yet to bid meaningfully. The MIM component maker is priced at Rs 461-485; the issue closes July 27 and lists July 30.

The Economic Times · Jul 24

Indo-MIM IPO: Issue booked 53% so far on Day 1 as NIIs drive demand; GMP at 38%

Based on the current GMP, the company's shares are estimated to list at around Rs 670 per share, compared with the upper issue price of Rs 485. However, investors should note that the grey market is unofficial, and GMP is only an indicator of investor sentiment, not a guarantee of…

The Economic Times · Jul 23

Indo-MIM IPO opens tomorrow; GMP signals 37% listing premium. Check price band, dates and key details

Indo-MIM’s Rs 3,811-crore IPO opens on July 23 with a strong grey market premium of about 37%. The precision engineering manufacturer plans to repay debt using fresh issue proceeds, while analysts highlight its global MIM leadership, diversified operations, and robust financial growth supporting long-term prospects.

The Economic Times · Jul 22

From analysis to the latest developments in health,
read the most diverse news in one place.

F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1

The Nifty IT index has rebounded nearly 13.5% from its July 1 low and gained around 5% this week, signalling improving momentum. Technical indicators, including the RSI, MACD and Relative Rotation Graph (RRG), point to strengthening bullish sentiment. The 29,600–29,650 zone is the key resistance, while 28,500–28,550 is expected to…

The Economic Times · Jul 19

Relaxo Footwears jumps 14%, snaps 3-day losing streak. What should investors do now?

Relaxo Footwears shares surged 14% on Friday, snapping a three-session losing streak, as strong buying emerged at key technical levels. The rally added nearly Rs 1,255 crore to the company's market capitalisation. After falling 55% from its 52-week high to a March low, the stock has staged a sharp recovery,…

The Economic Times · Jul 17

Swiggy, Eternal shares jump up to 20% in one month. Should you buy or avoid?

Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confidence. Analysts express bullish views on both companies' long-term growth prospects. Eternal's quick commerce segment shows promising EBITDA positive results. Investors should monitor competition and valuation dynamics closely.

The Economic Times · Jul 13

Will Trent shares rebound after Q1 update triggers 13% crash? Here's what technical charts indicate

After the 13% crash, Trent shares have technically slipped below their 20-day EMA, while the RSI has witnessed a sharp downtick, signalling a shift in momentum from bullish to bearish, said Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities

The Economic Times · Jul 8

Read news from The Economist, FT, and more,
with one subscription

F&O Talk: Smallcap index better placed than Nifty, says Sudeep Shah; picks 9 stocks for next week

SBI Securities expects Nifty's breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive bias. The brokerage also highlights Aurobindo Pharma, DLF, Titan and Oberoi Realty among top picks.

The Economic Times · Jul 4

Turtlemint Fintech IPO Day 3: Fully subscribed 1.02x, GMP signals, brokerage views and key details

Turtlemint Fintech's IPO saw strong demand, fully subscribing on its final day with institutional investors showing significant interest. Despite a modest grey market premium suggesting a subdued listing, the company aims to leverage its extensive PoSP network and digital platform for growth in India's underpenetrated insurance sector. Proceeds will fund…

The Economic Times · Jun 23

Advit Jewels IPO opens tomorrow: GMP at 47%; SBI Securities recommends 'Subscribe'

Jaipur's handcrafted jewellery maker, Advit Jewels, is set to launch its IPO on June 23, 2026, with strong grey market interest indicating a potential listing premium. The Rs 165.16 crore issue aims to strengthen the balance sheet, fund working capital, and repay debt. Specializing in Kundan and Polki under the…

The Economic Times · Jun 22

DLF, Godrej Properties, and other realty stocks jump up to 13% in 3 days. Is the rally sustainable?

Real estate stocks have surged nearly 9% in three days, with some analysts citing attractive valuations after a prolonged correction. This rebound is driven by stable operational performance and positive pre-sales guidance, though some advise caution, emphasizing quality-led trades over broad sector bets.

The Economic Times · Jun 16

Vedanta Oil and Gas shares list at Rs 39 on BSE as 4 demerged entities debut on Dalal Street

Vedanta Oil & Gas shares debuted at Rs 39 on BSE and Rs 38 on NSE as part of Vedanta’s mega demerger that led to four new listings. The company’s valuation came broadly in line with estimates, marking a key milestone in one of India’s largest corporate restructuring exercises.

The Economic Times · Jun 15

Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expect

Four Vedanta entities are set to list on stock exchanges on Monday, June 15, following a mega demerger. Vedanta Aluminium is expected to debut with a market cap of Rs 1.74 lakh crore, potentially surpassing its parent company. The demerged companies will initially trade in the Trade-to-Trade segment.

The Economic Times · Jun 13

Ahead of Market: 10 things that will decide stock market action on Friday

Indian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolitical concerns. Profit booking in broader markets, weakness in IT stocks and cautious global sentiment overshadowed support from banking and pharma shares, keeping investors on edge.

The Economic Times · Jun 11

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times · Jun 10

Wipro's Rs 15,000 crore buyback opens tomorrow: Should retail investors tender shares?

Wipro's Rs 15,000 crore share buyback opens on Thursday, offering shareholders an opportunity to tender their shares at Rs 250 apiece, a 38% premium to the stock's previous closing price of Rs 181.67. The buyback, open from June 10 to June 17.

The Economic Times · May 15

Vedanta, Hindalco, other metal stocks rally up to 11% in one week. Should you buy or wait? Here's what analysts say

Metal stocks are experiencing a strong rally. Shares of Adani Enterprises, Hindalco Industries, and Vedanta have surged. Analysts recommend patience. Investors should buy on dips rather than chase momentum. Several factors are driving this surge, including government import duty hikes on gold and silver. Strong industrial demand and supply disruptions…

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.