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SEBI has approved a series of reforms aimed at broadening market participation and enhancing investor protection. These changes include easing IPO norms for large firms, increasing anchor investor allocations, and simplifying market access for trusted foreign institutions. The regulator also eased AIF framework, reclassified REITs, and strengthened governance standards for market intermediaries.

Urban Company’s Rs 1,900-crore IPO saw overwhelming investor demand, being oversubscribed 103.63 times. The IPO, priced at Rs 98-103 per share, aims to raise funds for technology development, marketing, and general corporate purposes. The platform offers diverse home and beauty services across India, the UAE, Singapore, and Saudi Arabia.

The US Treasury is pushing G7 and EU partners to impose tariffs on Chinese and Indian imports of Russian oil, aiming to cut off funding for Putin’s war in Ukraine. While Trump has already levied tariffs on Indian goods, he’s hesitant to do the same with China due to trade sensitivities.

Infosys has announced a significant Rs 18,000 crore share buyback at Rs 1,800 per share, a 19% premium over the previous closing price. Market experts view this as a “buy on dips” opportunity, with analysts suggesting accumulation for potential short-term gains. The buyback, conducted through a tender route, anticipates strong retail participation and could boost

Indian equity valuations, while slightly below historical averages, remain expensive compared to regional peers amid slowing earnings growth. This has led foreign investors to reduce exposure, as India becomes less appealing with weakening nominal GDP growth. Some global fund managers are shifting allocations to cheaper markets like China, Europe, and Japan.

Sergio Gor, nominated as the US ambassador to India, anticipates resolving trade and Russian oil penalty disputes with India within weeks. He emphasized India’s strategic importance and pledged to strengthen the US-India partnership by advancing defence cooperation, fair trade, energy security, and technology. Gor’s appointment highlights the significance of the US-India relationship.

Amid ongoing trade negotiations between India and the US, optimism is growing, with US Commerce Secretary Howard Lutnick expressing confidence in reaching an agreement if India liberalizes its markets and ceases Russian oil imports.

Gold prices in the national capital reached an all-time high of Rs 1,13,100 per 10 grams, driven by sustained buying and global uncertainties. The precious metal has surged over 40% this year, fueled by central bank activity and geopolitical tensions. Silver prices, however, experienced a slight dip, while investors globally await the US Federal Reserve’s

Infosys declared an Rs 18,000 crore share buyback. The company will repurchase shares at Rs 1,800 apiece. This is a 19% premium over Thursday’s closing price. This buyback is the fifth by the Bengaluru-based firm. Analysts expect the move to strengthen financial metrics. The program will also help optimise capital structure. The buyback signals confidence

The Indian rupee plummeted to a record low of 88.35 against the US dollar, pressured by ongoing trade tensions between India and the US, continuous foreign fund outflows, and rising crude oil prices. Despite positive domestic equities and diplomatic efforts, the rupee faces headwinds from a stronger dollar and importer demand.