On September 30, investors will witness the debut of five small and medium-sized enterprise IPOs, including Coreintegra Consulting and Pooja Logistics. Among these, Liqvd Digital stands out with an impressive subscription rate of 5.08 times. Coreintegra and Pooja also performed well, with subscriptions of 1.40 times and 3.11 times, respectively, while S.K. Offset and Unitec Fibres showed lower but notable interest.
South Korean shares slipped on Wednesday as elevated bond yields pressured sentiment, with the KOSPI heading toward its steepest quarterly decline since early 2020. Foreign investors sold stocks worth 519.1 billion won. Weak factory output, mixed performances among major companies and global rate concerns added to market uncertainty.
LTM, ABB India and Kaynes Technology India closed more than 2.5% below their respective VWAPs on September 29.
China’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, stronger factory activity and a weaker U.S. currency. The yuan has gained 4.3% this year. Beijing’s latest measures to support infrastructure, technology and housing also improved investor sentiment and economic recovery expectations.
The IPOs were open for subscription from September 25 to September 29. The shares are scheduled to be listed on the BSE and NSE on Monday, October 5.
A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects.
Foreign portfolio investors have dumped Indian telecom stocks for the eighth consecutive month, pulling out over Rs 32,000 crore in CY26. Heavy 5G capex, delayed tariff hikes, and legal dues weigh on cash flows, leaving market participants questioning if a stock rebound is near.
With most SIFs only months old, early performance data offers limited insight into their long-term potential, Kapoor said. While the new category could expand India’s managed-investment market and intensify competition, investors should prioritise simplicity, diversification and cost discipline.
Five Nifty500 stocks showed strengthening RSI momentum on September 29, led by Kirloskar Oil Engines, Cupid, TD Power Systems, Vedanta Power and Kirloskar Brothers, with RSI levels crossing above 50.
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