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HVAX Technologies will debut on the NSE SME platform, with shares trading at a Rs 5 grey market premium, suggesting a 5% gain on the listing price. The company, specializing in turnkey cleanroom projects, reported Rs 106 crore in revenues and Rs 9.39 crore in net profit for the fiscal year ending March 2024.

Vodafone Idea shares are set to draw attention following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum auction dues. The situation arises as the DoT is currently in discussions with the finance ministry about potentially waiving the bank guarantee requirement. However, no final decision has been made yet.

The Indian market is expected to rise on Monday, supported by positive global cues. On October 4, the Indian equity markets ended their fifth straight session in the red, with the Nifty closing at approximately 25,000, down 235.50 points (0.93%).

We do not know what is going to happen next, which is why that kind of scare is completely understandable. Not to forget, there is another war that has been waging for probably two and a half years in Europe.

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The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 6.50% due to concerns over sustained inflation and geopolitical tensions in West Asia. The central bank may also shift its monetary policy stance to neutral, reflecting tolerance for surplus liquidity in the banking system.

With large IPOs from Hyundai, Swiggy, Afcons, Waaree and NTPC Green expected in the second half, the primary market is projected to raise over ₹1.5 lakh crore through IPOs alone this financial year, positioning investment bankers for a boom year.

The Department of Telecommunications (DoT) has issued a notice to Vodafone Idea concerning non-payment of bank guarantees needed to cover for past spectrum auction dues.

Looking ahead, several important data releases and events could influence market direction. Investors will be closely monitoring developments in the geopolitical situation and its impact on crude prices.

Short-term U.S. Treasury yields rose after the closely watched non-farm payrolls report on Friday showed the economy unexpectedly added the most jobs in six months in September.

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Oil prices reduced after hitting a yearly high due to regional war tensions in the Middle East. Brent crude futures fell to $77.62 per barrel, and U.S. West Texas Intermediate crude slipped to $74.03 per barrel. Profit-taking and fears of Israeli retaliation against Iran influenced the market trend. OPEC has spare capacity to mitigate supply disruptions.

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