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Sensex and Nifty 50 are set to open higher on August 5, driven by positive global cues and falling crude oil prices. Despite prior losses, optimism surrounding US-Iran negotiations is bolstering market sentiment, with Gift Nifty indicating a gap-up start and Asian markets showing recovery.
GV Electricals IPO share allotment is expected to be finalised on Wednesday. Successful bidders can expect the shares to be credited to their demat accounts on Thursday. The stock will list on the BSE SME on Friday.
Q1 results 2026: Power Grid Corporation of India, Cummins India, PB Fintech, Whirlpool of India, and Biocon are among the companies to report their Q1 results FY27 today.
The Ardee Industries IPO will open on August 5 and close on August 7, with a price range of ₹50 to ₹53 per share. They raised ₹128 crore from anchor investors and will allocate shares primarily to QIBs, NIIs, and RIIs.
Fusion Klassroom Edutech allotment date is likely to be finalised today, 5 August. Investors can check Fusion Klassroom Edutech IPO allotment status online through the websites of BSE and the IPO registrar – Maashitla Securities.
Stock market today: The Indian stock market is set for a positive start, boosted by improved global risk sentiment and declining crude oil prices
Molbio Diagnostics Limited has set its IPO price band between ₹768 and ₹807 per share. Subscriptions will open on August 10 and close on August 12, with anchor investor allocations on August 7. The minimum lot size is 18 shares.
Japan’s wages climb 3.4% in June, supporting rate hike case
Some BOJ members see inflation rising later this year, June meeting minutes show
Gold steadies as Mideast diplomacy, Fed outlook keep traders cautious