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Given the upper price band of Rs 160, Saraswati Saree Depot shares are expected to list at a 29% premium. The IPO was highly successful, with a subscription rate exceeding 107 times, reflecting strong interest from both institutional and non-institutional investors.

On the technical charts, the RSI of the stock stood at 44.77.

Aditya Arora noted that the Nifty Mid Cap space had seen a muted recovery, regaining only about 50% of its fall. He advised a cautious, stock-specific approach due to overvaluation and potential corrections. Arora also discussed the weakness in the auto sector and suggested Varun Beverages and CAMS as promising stocks.

​We continue to like KSCL on a long-term (3-4 years) but in the near-term we believe the growth factors are priced-in, as post our Initiating coverage (At ₹654) the share price has run up over ~65%. Although, we are still positive on the company over a longer term period but nearterm concerns in cotton portfolio and decreasing market share in its key northern markets continuous to impact its overall volumes.

Nifty closed above the 20-day SMA after bouncing back from the 50-DMA on the daily chart. Notably, while the 20-day SMA was declining, the 50-DMA continued to rise, defining the current price structure as a dip. The RSI has reversed from the oversold territory of 30 to reach the neutral zone of 52, while the ADX is now above 20, indicating that the momentum in the current trend is picking up.

If Paytm goes solo, the company will need three major tailwinds to drive profitability faster, according to Bernstein. First, it will need a rapid scale-up of secured lending products, something that it has started offering now. Second, if it gets an 8-10 basis point share of the merchant discount rate on UPI payments above Rs 2,000, Paytm could become profitable by the third quarter of 2025-26.

Gold prices edged down on Monday but stayed near the historic $2,500 mark after reaching an all-time high. Traders took profits amid expectations of a U.S. interest rate cut in September. The market is keenly awaiting further indications from the Federal Reserve and geopolitical factors continue to impact gold demand.

On the technical charts, the RSI of the stock stood at 48.62.

The stock quoted a 52-week high price of Rs 7974.25 and a 52-week low of Rs 3248.0.

Amid persisting challenges on business growth and an intense focus on accelerating liability mobilization, HDFCB has been delivering a resilient performance in margins & asset quality. During the past two quarters, the bank has reported 7bp expansion in margin to 3.47% led by conscious improvement in the asset mix and the retirement of high-cost borrowings.