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The SME initial public offering (IPO) of Shreenath Paper Products, which opened for public bidding on February 25, had an overall subscription of 38% as of 12:29 PM on the second day of bidding on Thursday.

European shares fell sharply on Thursday as U.S. President Donald Trump s plan for a 25% tariff on cars and other goods from the European Union and the region s vow to counter "firmly and immediately" fanned fears of an escalating trade war.

Bajaj Finance share price: The central bank s decision to reduce risk weights on loans to NBFCs from 125% to 100%, effective April 1, is expected to enhance credit flow to the sector. This move reverses a measure introduced in November 2023, which had raised capital requirements for banks lending to NBFCs, thereby limiting credit availability.

UltraTech Cement’s unexpected investment in the wires and cables sector with a ₹1,800 crore capex plan has caused shares of major players like Polycab, KEI, and Havells to plummet. This move raises concerns of potential market disruption and industry-wide margin pressures, replicating the shake-up seen in the paints industry. Analysts are closely monitoring the situation.

Peter McGuire discusses the volatility in the commodity market due to Trump s potential tariffs on copper imports aimed at boosting US production. Despite the uncertainty affecting market stability, the demand-supply dynamics and potential disruptions in copper will influence prices. McGuire also observes the interplay between the US dollar index, treasury yields, and inflation, highlighting the complexities in market forecasts.

I think a combination of each of these makes us positive on this overall space, including that of NBFCs, including that of private sector banks.

UTCEM’s entry into the C&W market is viewed as a strategic move by the Aditya Birla Group, aiming to position itself as a top 2-3 player in every sector it enters. While this capital allocation might raise concerns, Motilal Oswal suggests that UTCEM’s primary focus on cement remains unchanged.

Jio Financial shares : The company reported a slight 0.32% increase in consolidated net profit for Q3 FY25, with earnings of Rs 294.78 crore compared to Rs 293.82 crore in the same period last year. Revenue from operations rose by 5.98% to Rs 438.35 crore for the quarter ending December 2024.

Nukleus Office Solutions SME IPO, aiming to raise Rs 32 crore, saw 87% subscription by its final bidding day. The retail portion was subscribed 1.22 times, while non-institutional investors subscribed 52%. Shares will list on BSE SME on March 4, with proceeds funding expansion and technology upgrades. GMP remained at Rs 0.

​In our analysis, almost 60% of the top line of the top thousand companies are dollarized, so therefore, whenever the rupee does stabilise, I am not saying it should stabilise at 87, maybe it is 88 or 89.