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SME IPO Action on June 27: Neetu Yoshi and Adcounty Media Launch Offerings; 3 New Listings on NSE Emerge

  Overview The SME (Small and Medium Enterprises) segment of the Indian stock market is set for a significant day on June 27, 2025 , with two IPOs opening for subscription and three new companies getting listed on the NSE Emerge platform . The surge highlights growing investor interest in smaller, high-growth companies tapping into public markets. IPO Launches on June 27 1. Neetu Yoshi IPO Industry : Casting Products Manufacturing Headquarters : Uttarakhand, India IPO Size : ₹77.04 crore Shares Offered : 1.02 crore equity shares (fresh issue only) Price Band : ₹71–₹75 per share IPO Dates : Opens June 27 | Closes July 1 Valuation Sought : ₹291 crore Use of Funds : Setting up a new manufacturing unit: ₹50.78 crore General corporate purposes Company Highlights : RDSO-certified vendor for Indian Railways Manufactures 25+ customized ferrous casting products Integrated CNC machine shop Merchant Banker : Horizon Management 2. Adco...
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RBI Repatriates 100.32 Tonnes of Gold to India Amid Global Economic Uncertainty

  Overview In a strategic move to strengthen domestic reserves and reduce reliance on foreign vaults, the Reserve Bank of India (RBI) has repatriated 100.32 metric tonnes of gold from overseas storage to Indian soil in the financial year 2024–25 . This brings India’s total physical gold holding within the country to 200.06 metric tonnes by the end of FY25. Key Highlights Gold brought back to India : 100.32 metric tonnes Total physical gold in India (FY25-end) : 200.06 metric tonnes Gold held overseas (as on March 31, 2025) : 367.60 metric tonnes Gold held overseas (as on March 31, 2024) : 413.79 metric tonnes Total gold reserves (as on March 31, 2025) : 879.58 metric tonnes Gold reserves (as on March 31, 2024) : 822.10 metric tonnes Net increase in gold holdings : 57.48 metric tonnes Context: Why Now? This repatriation comes at a time of increasing global economic volatility , especially in the United States , which is facing: Political transitions ...

🚀 Taking Stock: Nifty Soars Past 25,500, Sensex Rallies 1,000+ Points as Bulls Dominate Expiry Day

📅 Date: June 26, 2025 🖋️  Your Daily Market Pulse --- 📈 Markets Ignite! Nifty Nears 9-Month High, Sensex Surges 1,000+ Points It was a blockbuster expiry day on June 26, as bulls stormed Dalal Street, pushing the markets to fresh near-term highs. The Nifty 50 leapt past the 25,500 mark, and Sensex skyrocketed 1,000.36 points, closing at 83,755.87, marking a 1.21% gain for the day. The rally was widespread, driven by heavy buying in metal, banking, oil & gas, and select large-cap stocks, with positive sentiment reflecting across broader indices. --- 🏆 Nifty 50 Closes at 25,549 — Highest Since September! Nifty up 304.25 points (🔼 +1.21%) Sensex up 1,000.36 points (🔼 +1.21%) 📌 Broader market action: Midcap Index up 0.5% Smallcap Index ended marginally higher --- 💡 Biggest Gainers & Losers – Nifty Movers 📈 Top Gainers: Shriram Finance Hindalco Industries Tata Steel Jio Financial Adani Ports 📉 Top Losers: Dr. Reddy’s Labs (🔻 -1.5% after Citi downgrade) Tech Mahindra H...

🏦 Bank Nifty Soars to Record High of 57,240! HDFC Bank & Axis Bank Lead the Charge with Up to 2% Surge

📅 Date: June 26, 2025 🖋️ Financial Insights That Matter --- 📈 Markets in Rally Mode! Banking stocks came alive on June 26 as the Nifty Bank index surged to a record high of 57,240, driven by strong momentum in private sector lenders. Investors cheered the rise, with HDFC Bank and Axis Bank leading the rally, boosting broader market indices Sensex and Nifty as well. --- 🔍 Top Movers of the Day 🔹 HDFC Bank: Jumped nearly 2% to hit an all-time high of ₹2,018.80 per share. Third consecutive session of gains. Positive sentiment also stems from buzz around HDB Financial Services' ₹12,500 crore IPO, attracting strong investor interest. 🔹 Axis Bank: Climbed over 1.6%, currently trading at ₹1,233 apiece. Maintains strong position among private sector peers. --- 📊 Why the Sudden Rise? 1. Strong Investor Sentiment in banking due to: Upcoming dividend payout by HDFC Bank. Record date set for June 27, boosting last-minute buying. 2. Positive IPO Buzz: The upcoming listing of HDB Financia...