Market Update: SME IPO Listing Cap & Key Upcoming IPOs

🔹 NSE Regulatory Move – SME IPO Special Preopen Session

NSE introduces a 20% lower circuit cap for SME IPOs during the Special Preopen Session.

Implication: SME IPOs cannot list below 20% of the issue price, potentially reducing steep listing day losses.

Sentiment analysis for the stocks in news on July 31

Information Technology / Software / Tech Services
LTIMindtree: Partnership with Adobe to launch Blueverse Craftstudio – Positive

Moschip Technologies: Strong YoY growth in profit and revenue – Positive

Sonata Software: Moderate YoY growth – Neutral

Emudhra: Completes acquisition of AI Cyber…[Read more]

Regulatory actions by SEBI, RBI, and major global regulators up to July 31, 2025:

SEBI

Market Manipulation & Surveillance
• Jane Street case expansion: SEBI widened its probe into alleged index manipulation. Exchanges (BSE, NSE) are required to supply detailed trading data from Jan 2023 to May 2025, including mark-to-market P/L, positions…[Read more]

Equity Markets & Sector News Update -July 31, 2025

Markets & Macro Trends
• The U.S. announced a 25% tariff on Indian imports effective August 1, including an unspecified penalty. Markets opened sharply lower—Nifty down ~0.66%, Sensex down ~0.71%, with broad sell off across all sectors.
• Indices ended mixed: Nifty settled at ~24,855 (+0.14%…[Read more]

IMFA Earnings call

Details
Date: 31 July 2025
Time: 4:00 PM IST

Management Participants:
• Mr. Bijayananda Mohapatra – Whole-time Director & COO
• Mr. Saunak Gupta – Chief Financial Officer
• Mr. Binoy Agarwalla – Head, Power Business Unit
• Mr. Sandeep B. Narade – Head, Mines Business Unit
• Mr. Ch. Suresh Babu – Head, Ferro Alloys Busine…[Read more]

Fund house recommendations -July 30

Infrastructure & Construction

Larsen & Toubro (L&T)
Positive

Jefferies: Buy | TP ₹4,230 (↑ from ₹3,965)

B&K: Buy | TP ₹4,034 (↑ from ₹3,986)

Haitong: Outperform | TP ₹4,150 (↑ from ₹3,800)

Investec: Buy | TP ₹4,460 (↑ from ₹4,115)

Motilal Oswal (MOSL): Buy | TP ₹4,200 (↑ from ₹4,100)

Neutral

Axis: Buy…[Read more]

Virtual IPO Meet | Marketing Limited

Date: Wednesday, 30th July, 2025
Time: 05:00 PM

YouTube Live link:

Book Running Lead Manager:
Narnolia Financial Services Limited

Key Highlights

-CashurDrive Marketing Limited is an OOH advertising company offering comprehensive transit, outdoor, print, and…[Read more]

Stocks-in-focus and key updates with sentiment indicators (👍🏼 Positive | 🤞🏼 Neutral | 👎🏿 Negative):

Infrastructure, EPC & Construction
PNC Infratech: Bags ₹2,956 Cr mining services order from SECL. 👍🏼

Omaxe Ltd: Gets ₹500 Cr investment from Oaktree for large-scale projects. 👍🏼

HG Infra: Acquires Angul Sundargarh Transmission, enabling fur…[Read more]

Brokers recommendations:

Capital Goods / Defence
Bharat Electronics Ltd (BEL)

UBL: Maintain Buy, Target ₹450 ( Positive)

JP Morgan: Maintain Overweight, Target ₹490 (Positive)

Nomura: Maintain Buy, Target raised to ₹2,388 ( Positive)

Pharmaceuticals & Healthcare
Ajanta Pharma

Jefferies: Maintain Buy, Target raised to ₹3,320 ( Positiv…[Read more]

FII Net Outflow

2021: -85,670
2022: -286,494
2023: -19,526
2024: -295,393
2025: -129,478 ( til july)

Total FII Outflow = ₹ -816,561 CR

DII Net Inflow

2021: +92,406
2022: +274,737
2023: +182,185
2024: +503,381
2025: +362,391 (2025 til july)

FII Sold
₹ 8.17 Lac CR

DII Buy
₹ 14.15 Lac CR

Corporate Actions

Dividend

28-Jul-25
WIPRO: Interim Dividend – Rs. – 5.00
YSL: Final Dividend – Rs. – 500.00
EIHAHOTELS: Final Dividend – Rs. – 3.50
DLF: Final Dividend – Rs. – 6.00
KPITTECH: Final Dividend – Rs. – 6.00
COSMOFIRST: Final Dividend – Rs. – 4.00
SHYAMMETL: Interim Dividend – Rs. – 1.80
CRISIL: Interim Dividend – Rs. -…[Read more]

Analyst Conference | Indian Overseas Bank (IOB)

Event Details

Date : Tuesday, 29 July 2025

Time : 4.00 PM

Venue : Legacy Room, The St. Regis, Lower Parel, Mumbai -400013

Service : Hi-Tea

Management Participants:
• Mr Ajay Kumar Srivastava, MD & CEO
• Mr Joydeep Dutta Roy, Executive Director
• Mr Dhanaraj T, Executive Director

About India…[Read more]

China’s Rare Earth Magnet Ban Spurs India’s ₹18,000 Cr Critical Mineral Mission Amid Rising Sectoral Risks

India’s dependence on China for rare earth magnets — critical components in high-tech and green tech industries — means that China’s export restrictions could significantly affect several listed Indian companies, especially those in sectors…[Read more]

Virtual IPO Meet | Mehul Colours Limited

Date: Tuesday, 29th July, 2025
Time: 04:00 PM

YouTube Live link:

Book Running Lead Manager:
Seren Capital Private Limited

Key Highlights

-Mehul Colours Limited is a manufacturer of masterbatches, enhancing plastic products with colour and functional…[Read more]