Latest Stock Market News

Centurion Accommodation REIT is targeting a valuation of up to S$1.51 billion in its Singapore IPO, potentially becoming one of the year s largest listings. The company aims to raise S$771.1 million, with cornerstone investors purchasing a significant portion of the units.

Austere Systems Initial Public Offering of Rs 16 crore closed with huge oversubscription. Allotment was finalized. Refunds and demat credit are scheduled. Shares will list on the Bombay Stock Exchange SME platform. Investors can check allotment status on KFin Technologies or the Bombay Stock Exchange website. The IPO proceeds will fund working capital and general corporate needs.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.

When the closing price rises above the VWAP, it means the stock closed higher than the average price at which it was traded throughout the day, with the average weighted by trading volume.

Accrual strategies are gaining traction in India s fixed income market as investors prioritize credit opportunities amid stable bond yields and improved corporate credit quality. Experts suggest a balanced approach, incorporating medium-term accrual, shorter-end liquidity, and potentially exploring options like InVits and Performing Credit AIFs. While global uncertainties persist, Indian bond yields are expected to remain rangebound.

Bandhan Mutual Fund s Innovation Fund has delivered impressive double-digit gains, outperforming the Nifty 500 TRI significantly since its launch. Prateek Poddar attributes this success to a long-term investment mindset, in-depth research, and diversified stock selection focused on companies demonstrating innovation through profit pool shifts and new product creation. The fund sees consumption as a key driver for future market growth.

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