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According to Alok Agarwal, with the RBI already taking steps on the monetary side and earlier reforms on direct taxes and regulations, the latest GST change provides the missing push on the fiscal front, creating a more balanced policy support for growth.

Michelle Bowman argued that direct experience with digital assets would improve their ability to regulate the sector effectively.

Citadel Securities is expanding its Indian operations by hiring options trader Prajual Maheshwari, signaling confidence in the South Asian market despite recent regulatory scrutiny. The firm aims to recruit more traders and senior staff for its Gurugram office, which already handles cash equities and derivatives.

Axis Securities PMS CIO Naveen Kulkarni discusses the telecom pricing war. Jio and Airtel lead in network quality. Vodafone Idea faces subscriber erosion and ARPU challenges. Kulkarni anticipates Vodafone will align with market leaders. He notes potential ARPU improvement with tariff hikes. Airtel is seen as an attractive investment due to its ARPU and subscriber base.

Shreeji Shipping Global IPO was subscribed 2.78 times on Day 2 so far, led by strong retail and NII demand, while GMP held at 11%. The Rs 411-crore issue, priced at Rs 240-252 per share, closes August 21 with listing set for August 26.

Reliance Jio focuses on 5G expansion, broadband penetration, and enterprise growth. Jio turned free cash flow positive. Revenues from external clients increased significantly. Jefferies notes that tariff interventions are needed to sustain margins. High capitalized costs impact near-term profitability. Jio benefits from 5G adoption and fiber connectivity. The company aims to scale its enterprise business with IoT and AI solutions.

India’s rural economy shows recovery on monsoon boost, festive demand, and policy support. Corporate earnings to improve, valuations favour largecaps. Autos, fertilisers gain momentum, though smallcaps look expensive amid global trade risks.

As of July 2025, eight microcap companies featured in the portfolios of over 50 mutual fund schemes, signaling institutional conviction despite the weak market.

Vikram Solar IPO: As of August 20, Vikram Solar’s IPO was commanding a grey market premium (GMP) of ₹48. Against the upper price band of ₹332, this translates to an estimated listing price of ₹380, indicating a potential 14.5% gain.

India’s affordable housing faces a severe slowdown as construction costs rise 40% in five years, slashing supply and sales share. Rising wages, raw material prices, and tariffs worsen challenges, while GST reforms could offer limited relief. Developers shift focus to mid and luxury projects.