Market News

Sonaselection India Limited is intending to issue its IPO, which consists of a fresh issue of 1.43 crore equity shares. The main purpose of the company is to raise funds to settle debts, capital expenditure and general corporate purposes.

Another price hike is coming from Asian Paints. It will be effective May 2026. Rising crude-linked costs are the key reason, and this follows a similar move taken in March.

Avaada Electro Limited is getting ready to launch one of India's biggest IPOs in the renewable energy sector, with an estimated issue size of ₹9,000–₹10,000 crore. The money raised will mostly be used to increase solar manufacturing capacity and improve operations.

Grand Housing Limited is planning to launch its IPO through a 100% offer-for-sale (OFS) of up to 3.55 crore equity shares. The IPO is aimed at enhancing market visibility and providing liquidity to existing shareholders.

20 April 2026 saw markets end with marginal gains. Not much on the upside. Sectoral trends were mixed, but stability helped prevent any sharp fall.

The Indian stock market indices witnessed heightened volatility after market opening on Monday. Most indices were in the red at the opening bell; however, they soon turned green.

Liquor stocks advanced in early trade as Karnataka proposed a new tax regime linked to alcohol content. The change may impact pricing dynamics and demand across premium and mass-market categories.

Markets set to open higher as global cues strengthen. HDFC Bank, ICICI Bank post strong earnings; Jio Financial sees sharp growth. Cipla, Lupin under FDA lens; Trent eyes bonus issue.

Poonawalla Fincorp launched a conversational AI platform capable of resolving 80% of customer queries autonomously. The move is part of a 57-initiative AI programme spanning credit, risk, compliance and operations, with 41 tools already live.

Gold buying remained strong on Akshaya Tritiya despite high prices. Demand stayed broad-based, driven by festive sentiment, investment appeal, and rising interest in lightweight jewellery.

RBI opened premature redemption for SGB 2020-21 Series-VII on 20 April, with a price of ₹15,254 per unit — delivering returns of up to 205% over the original issue price.

SWREL secured ₹3,550 crore in new solar EPC orders, including an 875 MW Coal India project, taking FY26 inflows past ₹10,062 crore. Read more on pipeline visibility and stock reaction.