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Saraswati Saree Depot launched its IPO, with up to 65 lakh new shares and 35 lakh shares offered by the promoters. The price band was set at Rs 152-160. Known for wholesale sarees, the company reported Rs 610 crore in revenue for fiscal 2024, and analysts recommend it for high-risk investors.

Brokerage firms delivered varied ratings: CLSA on Jubilant Foodworks with underperform, Jefferies held Trent with an increased target, Citi saw buying potential in Grasim, and Kotak Equities advised selling Siemens. Jefferies continued a buy rating on Honasa. Each rating reflected recent performance and anticipated market trends.

​Positive Breakout: These 4 stocks close cross above their 200 DMA​

Brent crude futures fell 7 cents, or 0.09%, to $79.59 a barrel by 0021 GMT, while U.S. West Texas Intermediate crude futures rose 2 cents, or 0.03%, to $76.86.

As the first quarter earnings season nears its end, 528 companies are set to release their results on Monday. Key reports include IRFC, Vodafone Idea, and NMDC. Vodafone Idea is expected to report flat revenue and losses between Rs 7,489-8,100 crore. EBITDA is forecasted to see a slight year-on-year rise despite challenges.

​So, we do think there are some downside risks that are building up over the medium term, although this is something we will need to monitor more closely. For the RBI more specifically, I think the concern has been on food inflation.

The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Varun Goel from Mirae Asset Investment mentioned that markets were slightly expensive, prompting a focus on sectors with consistent earnings growth like banking, pharma, and IT. He noted that chemicals were recovering, and financialization of savings would drive long-term growth. He emphasized staying invested in sectors with promising future earnings.

Anil Ahuja, founder of IPE Plus Fund, is facing scrutiny due to connections with the Adani Group and historical financial decisions. Ahuja previously invested in Adani Power during his tenure at 3i Infrastructure. Despite allegations from a Hindenburg report, Ahuja denies any unethical conduct. This controversy brings his past investment strategies and their outcomes into focus.

In an email to pilots sent on Thursday, Virendra Malhotra, vice president of flight operations at SpiceJet said the salaries, which have been "delayed...this month (June) beyond expectations" would be disbursed "shortly". ET has seen a copy of the letter.