Stock Markets

Horizon Industrial has filed for an initial public offering (IPO) worth Rs. 2,600 crore, signaling the company’s intent to strengthen its financial position and fund expansion initiatives. The proposed listing aims to support capacity enhancement, working capital requirements, and debt reduction, while boosting corporate visibility and governance standards. Analysts view the move as a strategic step to capitalize on favorable market conditions and investor appetite for industrial and manufacturing plays.

India’s capital markets regulator has approved initial public offerings for four companies, including Knack Packaging, marking a renewed pipeline of listings amid cautious investor sentiment. The clearances reflect improving confidence in the primary market after a period of selectivity driven by global volatility and valuation concerns. The companies span diverse sectors, highlighting the breadth of India’s entrepreneurial and manufacturing base seeking public capital.

Indian equity markets closed lower as sustained foreign fund outflows pressured frontline indices, underscoring growing investor caution amid global uncertainty. The Sensex declined after overseas institutional investors trimmed exposure to domestic equities, reflecting concerns over global interest rates, currency volatility and risk appetite. While domestic investors offered partial support, it was insufficient to offset selling by foreign funds. The market move highlights India’s sensitivity to global capital flows despite strong macroeconomic fundamentals.

WOG Technologies has taken a significant step toward the capital markets, announcing plans to raise Rs 375 crore through a fresh issue as part of its proposed initial public offering. The move reflects growing investor appetite for technology-led infrastructure and sustainability-focused businesses amid an evolving market landscape. Proceeds from the issue are expected to support expansion initiatives, strengthen the balance sheet and fund long-term growth strategies.

Indian equity benchmarks advanced with renewed strength as the Sensex and Nifty registered broad-based gains, reflecting improved investor sentiment and supportive global cues. Buying interest was visible across key sectors, including banking, information technology and capital goods, as traders responded to stable macroeconomic signals and selective value opportunities. Analysts attribute the upswing to easing inflationary concerns, expectations of steady corporate earnings and calibrated foreign investor activity.

SS Retail has taken a significant step toward capital markets by filing draft papers with the Securities and Exchange Board of India (SEBI) for a proposed Rs. 500 crore initial public offering (IPO). The move reflects the company’s ambition to strengthen its balance sheet, fund expansion plans and enhance brand visibility in an increasingly competitive retail landscape. The proposed offering comes at a time when consumer-facing businesses are recalibrating growth strategies amid shifting demand patterns and tighter capital conditions.

Indian equity markets witnessed a notable erosion in investor wealth as several frontline companies collectively shed Rs. 35,439 crore in market capitalization during the latest trading phase. The decline reflects a cautious investor mood driven by global uncertainty, profit-booking and sector-specific pressures. State Bank of India (SBI), the country’s largest lender, emerged as the most significant laggard, underperforming peers amid concerns over margins and broader banking sector dynamics.

Quick-commerce firm Zepto has taken a decisive step toward the public markets by filing confidential draft papers for an initial public offering valued at approximately Rs 11,000 crore. The move signals growing confidence among new-age consumer internet companies as capital markets show renewed openness to tech-led business models. By opting for a confidential filing, Zepto aims to retain strategic flexibility while fine-tuning its financials and growth narrative ahead of a potential listing.

Equity and commodity markets in Bengaluru and Mangaluru remained closed today, bringing a temporary pause to regional trading activity. The shutdown reflects localized observances that periodically interrupt market operations without affecting the broader national financial system. While trading desks in these cities were inactive, market participants across the country continued to monitor global cues, currency movements and macroeconomic signals.

Investors who participated in the Gujarat Kidneycare initial public offering can now check their allotment status through the official websites of the BSE and NSE. The update marks a key milestone in the listing process, following strong interest from retail and non-institutional investors. Market participants are closely tracking the allotment outcome amid cautious optimism in the primary market. The development also reflects continued appetite for niche healthcare plays, even as broader equity markets remain sensitive to global cues.