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Wall Street s main indexes experienced a downturn at the opening bell on Thursday, reflecting investor apprehension leading up to the Federal Reserve s Jackson Hole conference. Disappointing quarterly results from retail giant Walmart further contributed to the cautious market sentiment. The Dow, S&P 500, and Nasdaq all started the day in negative territory.

Vikram Solar’s Rs 2,079 crore IPO has drawn robust demand, with overall subscription at 6.17 times on Day 3, led by strong retail and NII interest. The grey market premium of Rs 48 hints at a 14.5% listing gain. Backed by rapid capacity expansion and strong domestic demand, analysts recommend subscribing despite current lower margins.

Patel Retail’s Rs 243 crore IPO was subscribed 24 times as of 10:10 AM on the final day, with strong demand across investor categories. Retail bids reached 20 times, NIIs oversubscribed 38 times, and QIBs 17.3 times.

India s IPO market may witness mega listings soon, as SEBI considers easing norms for large companies. Reliance Jio and NSE could benefit from reduced public offer requirements, potentially easing market absorption concerns. The proposed changes also extend timelines for meeting minimum public shareholding, addressing potential share oversupply.

Hero MotoCorp shares have surged 15% in two weeks, fueled by optimism surrounding potential GST rate reductions and a strong technical breakout. Analysts predict further upside, with targets ranging from Rs 5,600 to Rs 6,000, citing bullish technical indicators and sustained trading above key moving averages. While overbought conditions may lead to a near-term correction, the overall outlook remains positive.

Reliance Power touched a fresh high of ₹50.08, while Reliance Infra hit ₹303.70. The stocks have jumped 15.7% in three days, fueled by optimism around the group’s renewable energy push and infrastructure pipeline, signaling renewed investor confidence.

Swiggy s shares jumped 5.5% following optimistic forecasts for its food delivery and quick commerce sectors. DAM Capital projects a 28% revenue CAGR and profitability by FY28, driven by Instamart s growth. Market share recovery and inclusion in the MSCI Global Standard Index further boosted investor confidence in Swiggy s potential.

Pankaj Pandey suggests a promising second half for Indian markets, anticipating Nifty levels around 27,000. Cement and auto sectors are poised for growth, fueled by GST benefits. While cautious on insurance due to margin pressures, AMCs like HDFC AMC and Nippon appear attractive. Real estate sees potential in tier-II players and home-building products, favoring DLF and Max Estates.

A surge in derivatives trading, which has also been driven by retail investors, has prompted the Securities and Exchange Board of India to limit the number of contract expiries and increase lot sizes to make such trades more expensive.