Share Market News

Mehul Telecom Limited plans to debut its SME IPO in April 2026. The price range is pegged at ₹96–₹98 per share. The offering is expected to raise around ₹27.7 crore. The funds generated will primarily be allocated to working capital and other general company expenses.

The Indian stock market indices crashed again on Monday after last week’s recovery. This mainly happened due to the failed US-Iran peace talks and rising crude oil prices.

Indian markets may open weak amid US-Iran tensions, with GIFT Nifty down 340 points. Key stocks in focus include Swiggy, Adani Green, Lupin, Muthoot Finance, and Larsen & Toubro.

Sensex ended at 77,550 and Nifty at 24,050, up 5.8% for the week, while US–Iran talks failed and GIFT Nifty near 24,020 points to a flat start on 13 April.

Zepto moves closer to its ₹1.3 billion (₹11,000–12,000 crore) IPO. In its latest funding round, the company was valued at $7 billion. It’s preparing for a stock market debut, backed by strong revenue growth.

XED’s ₹110 crore IPO withdrawal, due to KYC issues and weak institutional demand, has dealt a blow to GIFT City’s ambitions of becoming a top share-listing hub. Read ahead to know more.

Prestige Estates shares went up after the company revealed a ₹9,000 crore residential project in Mumbai in a JV with ABIL Group. Situated in Versova, the project will focus on the upscale housing demand in a prime micro-market.

The government caps refinery margins at $15 per barrel to offset domestic fuel losses. Discounts on diesel, ATF, and kerosene aim to stabilise prices amid global oil volatility from West Asia tensions.

Sun Pharma is preparing a $12B bid for Organon despite its $8B debt and slowing growth. The deal could reshape its strategy. Read more to understand the risks and implications.

India’s e-retail market reached $65–66 billion in 2025 and is projected to grow to $170–180 billion by 2030. The increasing consumer adoption, increased spending, and the boom in quick commerce are driving growth.

The Indian stock market indices opened higher on Friday after massive profit-booking a day earlier. Further recovery will hinge on clarity around the Middle East situation, crude oil prices, and liquidity improvement.