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Chanakya Opportunities Fund I, part of Steptrade Capital, has invested over 15% in Polite Powertech’s pre-IPO round, supporting its growth in power infrastructure. The move aligns with government initiatives like RDSS and Green Energy Corridor II, focusing on sustainability and grid reliability.

Since its launch, the BSE SME platform has enabled companies to raise Rs 10,652 crore, with their combined market capitalisation reaching Rs 1.84 lakh crore. The average SME IPO size has jumped to Rs 32 crore since January 2023, nearly three times the earlier Rs 11 crore average recorded between March 2012 and December 2022.

The Indian rupee extended its decline on Tuesday on the back of escalating trade tensions with the United States, although likely central bank intervention prevented the currency from breaching record low levels.

India’s benchmark indices, the Sensex and Nifty, closed lower on Tuesday as investor sentiment weakened amid renewed tariff threats from U.S. President Donald Trump over India’s continued imports of Russian oil, while sustained foreign portfolio outflows continued to weigh on market confidence.

Chirag Muni of Anand Rathi Wealth advises investors to continue SIPs amid global uncertainty and US tariffs on Indian imports, citing strong long-term fundamentals and rupee cost averaging benefits. Timing markets rarely beats disciplined investing, even in volatile conditions.

Crypto investing can be easy with Systematic Investment Plans or SIPs. Platforms like Mudrex allow investing small amounts regularly. A crypto SIP is similar to mutual fund SIPs, but for digital assets. It helps reduce risk by averaging out costs. Starting a crypto SIP in India is simple. Choose a platform, complete KYC, add funds, and set your investment frequency.

Gold prices continue to trade firm above Rs 1 lakh ahead of the RBI MPC outcome, supported by global cues like weak US jobs data, a softening dollar, and geopolitical tensions. Silver also gained momentum. Analysts expect volatility this week but see potential upside if resistance levels break, while physical gold rates remain elevated across major Indian cities.

Mindspace Business Parks REIT on Monday reported a 24 per cent increase in its net operating income to Rs 616.4 crore in the first quarter of this fiscal year.

Julius Baer Wealth Advisors Nitin Raheja suggests the economic slowdown might not be as bad as feared. Earnings season results, particularly in IT and banking, exceeded expectations. Raheja remains positive on the cement sector, citing strong profitability and infrastructure spending. He anticipates continued uptrend for cement companies.