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Dr Agarwal s Health Care s upcoming listing worries investors due to a discounted grey market premium and muted subscription. Despite being India s largest eye care chain, with a 25% market share in FY24, and significant revenue and efficiency growth, market conditions appear challenging. Analysts recommend a long-term investment view for potential gains.

​​The ICAI had come out with a guide on digital assurance to provide guidance to its members to adopt enhanced use of technology in audit by implementing the use of digitally available audit evidence and information.

​​Finance costs increased 25% on year to Rs 2,496 crore from Rs 1,997 crore a year ago. Provisions also increased 12% to Rs 388 crore in the quarter. The lending portfolio grew by 27% year-on-year to Rs 1.46 lakh crore. Loans to retail, SME and HNI constitute 64% of the loan portfolio.

The rupee opened at 87.03/$1 on Monday and weakened to 87.285/$1 in early trading, before it erased some losses toward the end of the trading session. The rupee had closed at 86.6/$1 on Friday.

Garden Reach Shipbuilders Engineers (GRSE) reported 11% year-on-year (YoY) growth in its net profit at Rs 98 crore for the quarter ended December 2024. The same stood at Rs 88 crore in the year-ago period.

Indian markets declined as global cues weakened following Donald Trump s tariffs on Canada, Mexico, and China, raising trade war concerns. The US Dollar s rise pressured the Indian rupee to a record low of 87.29. Investor sentiment remained fragile with key market factors including global cues, corporate earnings, and the upcoming MPC meeting influencing direction.

Stocks in Australia and Japan gained, while contracts for Hong Kong stocks also looked up. US futures rose after the S&P 500 on Monday trimmed most of its slide that earlier approached 2%.

Gold loans by commercial banks surged by 68% in the first nine months of FY25 due to rising gold prices. Non-bank lenders also saw a rise in gold loan sanctions. The increase in gold prices has allowed lenders to offer higher loan amounts due to higher collateral value, enhancing lender comfort despite regulatory scrutiny on gold loan portfolios.

The Reserve Bank of India s recent notification aimed at promoting the use of the Indian rupee for international transactions has raised questions about the ability of Russian banks to invest in Indian stocks using funds from special Vostro accounts. Legal experts believe such transactions may be possible, but custodians await RBI s clarification.

The drop was sharper in the broader market with the Nifty Midcap 150 declining 1% and the Nifty Smallcap 250 falling 1.7%. Out of the 4,184 stocks traded on the BSE, 1,075 advanced and 2,962 declined on Monday.