Market News

The Gaudium IVF IPO witnessed a significant surge on its bidding day 2. It achieved a total subscription of 3.03x. Read ahead about the strong retail and non-institutional investor participation and IPO day 3 expectations.

Indian markets bounce back after Thursday’s selloff as stock-specific triggers take centre stage. Read the full report to see what’s driving today’s action.

Omnitech Engineering is set to launch a ₹583 crore IPO from 25-27 February, with a price band of ₹216-227 per share and a market debut on 5 March. The funds will be used for debt repayment, capital expenditure, and setting up two new manufacturing facilities.

Indian markets rebounded after Thursday’s rout, with the BSE Sensex and Nifty 50 closing higher, led by PSU banks and metals, while IT stocks lagged amid global tensions and selective buying.

Novartis AG will sell its 70.68% stake in Novartis India for ₹1,446 crore to a PE-led consortium, triggering an open offer of ₹860.64 crore as shares hit the upper circuit.

UN Secretary-General António Guterres called for a $3 billion global AI fund at the India AI Impact Summit 2026 to prevent widening inequality as AI adoption accelerates.

Google unveiled the “America-India Connect” initiative to build subsea cable routes linking India with the US and other global regions. Read on to see how this could reshape India’s digital future.

GPT Infra-RVNL has secured a ₹1,201-crore contract from Northern Railway to build a new rail-cum-road bridge over the Ganga in Varanasi. The project, to be completed in four years, will help improve rail and road connectivity in the region.

SBI Funds Management is said to file IPO papers in March for a $1.5 billion issue, targeting a valuation of up to $15 billion while selling a combined 10% stake.

Gold and silver prices remain stable as markets weigh escalating US-Iran tensions against Federal Reserve policy uncertainty. Read how the geopolitical risks, a strong dollar and hawkish central bank signals impact safe haven metals prices.

India’s 2026 IPO pipeline totals ₹2.5 lakh crore across 190+ firms, yet mainboard fundraising so far is in the low thousands of crores as volatility curbs subscriptions and delays launches nationwide.

Cigarette stocks surged up to 20% after companies raised prices to offset higher taxes, narrowing expected EBIT impact to around 2% versus earlier estimates of 8–15%. The rally followed clarity on the new tobacco tax regime and NCCD changes.