Short news for quality minds. Power your niche.

SBI Funds IPO: The '41x' frenzy is over, but are you getting shares? Check your allotment status now.

SBI Funds IPO: The '41x' frenzy is over, but are you getting shares? Check your allotment status now.

Financial Express

The SBI Funds Management IPO allotment status goes live today after the issue got subscribed 41.73 times. Investors can check their allocation on the BSE, NSE, or KFin Tech websites. You just need your PAN or application number to see if you got shares after the strong demand from many bidders.

Tap to Read More
Caliber Mining IPO: Over 70% subscribed within first 3 hours; retail booking reaches 90%

Caliber Mining IPO: Over 70% subscribed within first 3 hours; retail booking reaches 90%

Financial Express

The Caliber Mining IPO got over 70% subscribed within the first three hours of bidding. Retail investors showed strong interest, booking 90% of their category by 12:30 PM. The company plans to use the funds to repay debt and buy new equipment to help support its future business expansion plans.

Tap to Read More
FIIs cut stakes in 12 smallcap stocks in June quarter, shares slide up to 50%. Do you own any?

FIIs cut stakes in 12 smallcap stocks in June quarter, shares slide up to 50%. Do you own any?

The Economic Times

Foreign institutional investors cut stakes in many smallcap stocks during the June 2026 quarter. Data showed that 268 companies saw reduced holdings compared to the March 2026 quarter. Many of these shares fell between 25% and 50% in CY2026. Investors now watch these trends closely as prices continue to slide.

Tap to Read More
Sensex falls 200 pts from day's low, Nifty below 24,250: Key reasons behind market paring gains

Sensex falls 200 pts from day's low, Nifty below 24,250: Key reasons behind market paring gains

Moneycontrol

Benchmarks Sensex and Nifty pared their gains on July 17 due to profit booking. At 1:50 pm, the Sensex was up 645.45 points at 77,832.32, while the Nifty stayed below 24,250. Many shares fell as the India VIX rose. Analysts said, "Nifty needs to cross 24,300 for further upmove in markets."

Tap to Read More
Global chip rout deepens: E2E Networks, GE Vernova, other AI

Global chip rout deepens: E2E Networks, GE Vernova, other AI

Moneycontrol

Indian companies linked to artificial intelligence saw their stocks fall up to 5% on July 17. This happened as a global selloff hit chipmakers across Asia and Europe. Traders got worried about high valuations, causing Nasdaq 100 futures to drop 2%. Many investors started to exit their positions in tech.

Tap to Read More
JSW Steel Q1 Results: Record sales, higher other income aid profit growth; To take unit public

JSW Steel Q1 Results: Record sales, higher other income aid profit growth; To take unit public

CNBC TV18

JSW Steel reported a June-quarter profit of ₹4,696 crore, more than doubling from last year. Record sales and higher other income helped the company beat market estimates. The board also approved selling shares worth up to ₹811 crore in the proposed IPO of JSW One Platforms to boost growth.

Tap to Read More
From Form 26AS to contract notes: 6 tax documents every investor should preserve

From Form 26AS to contract notes: 6 tax documents every investor should preserve

mint

Investors should preserve key tax documents like Form 26AS, AIS, TIS, and contract notes to ensure accurate ITR filing. As of 17 July, more than two crore ITRs got filed. With 31 July being the due date for Assessment Year 2026-27, taxpayers have two weeks left to complete the process.

Tap to Read More
HDFC Life to Union Bank: Why Antique reaffirms 'Buy' on 3 financial stocks with 26% to 45% upside after Q1

HDFC Life to Union Bank: Why Antique reaffirms 'Buy' on 3 financial stocks with 26% to 45% upside after Q1

Financial Express

Antique Stock Broking reaffirmed a 'Buy' rating on HDFC Life, Union Bank, and HDFC AMC after Q1 results. The brokerage said the latest quarterly results reinforced the long-term earnings outlook for these companies. Union Bank reported a profit of Rs 5,332 crore, while HDFC Life saw 9% growth in premium.

Tap to Read More
Expert view: Indian stock market to deliver healthy double-digit returns over medium term, says Bajaj Life's CIO

Expert view: Indian stock market to deliver healthy double-digit returns over medium term, says Bajaj Life's CIO

mint

Bajaj Life CIO Srinivas Rao Ravuri expects Indian stocks to deliver healthy double-digit returns over the medium term. He said, "The outlook is turning increasingly constructive." Better earnings visibility and lower oil prices support this view. Investors should use a balanced approach as the market recovers from recent global uncertainties.

Tap to Read More
Global Market: ECB weighs inflation risks, digital Euro progress at July meeting

Global Market: ECB weighs inflation risks, digital Euro progress at July meeting

Economic Times

The European Central Bank heads into its July 23 policy meeting with renewed uncertainty. Policymakers are widely expected to keep the key interest rate unchanged at 2.25%. While energy prices climbed again, they remain below earlier peaks. Many economists believe the bank can afford to wait and watch for now.

Tap to Read More
Manipal Hospitals is said to cut IPO valuation from $10-12 billion estimated earlier

Manipal Hospitals is said to cut IPO valuation from $10-12 billion estimated earlier

mint

Manipal Health Enterprises is seeking a lower valuation of ₹80,000 crore for its upcoming initial public offering. The firm plans to raise ₹11,000 crore in the week starting 27 July. Despite the lower target, the listing remains on track to be India’s biggest of 2026, surpassing SBI Funds’ recent IPO.

Tap to Read More
PSBs expect to raise $30 bn from RBI's overseas deposit scheme, sources say

PSBs expect to raise $30 bn from RBI's overseas deposit scheme, sources say

Business Line

Public sector banks expect to raise nearly $30 billion through the Reserve Bank of India's subsidised dollar deposit window. Bankers shared this estimate with Finance Minister Nirmala Sitharaman earlier this week. The scheme, which started on June 5, allows banks to offer higher returns and closes on September 30 this year.

Tap to Read More