Year: 2026

On July 20, five stocks in the Nifty500 pack rallied more than 1.5% above their Volume Weighted Average Price (VWAP), according to StockEdge’s technical scan data. Trading above the VWAP is widely regarded as a bullish technical signal, reflecting strong buying interest and indicating the potential for further upside.

Alpine Texworld shares: The stock is expected to debut with only a marginal gain, as the grey market premium stands at about 1%, implying a listing price of around Rs 106 against the upper issue price of Rs 105. The IPO, which was open from July 14 to July 16, was subscribed 1.40 times overall,…

Paytm parent One 97 Communications has shelved its proposed first-ever bonus share issue for now, opting to focus on business growth and improving profitability to create long-term shareholder value. The decision was taken by the board at its July 20 meeting.

Millworks Technologies shares: The Rs 160.34 crore IPO attracted overwhelming investor interest, closing with an overall subscription of more than 219 times.

The Securities and Exchange Board of India fined CDSL one crore rupees. This penalty addresses cybersecurity and operational lapses following a malware attack. The depository failed to adequately secure critical systems, which disrupted operations. CDSL’s systems were isolated from the market after the incident. No monetary penalty was imposed on former top officials.

The company, which is associated with the production of sugar and ethanol along with engineering works, announced earlier this year that as part of its demerger of its power transmission business, every eligible shareholder get one share of Triveni Power Transmission for every three shares held in Triveni Engineering as on the record date.

Ahead of the listing, SBI Funds Management shares are commanding a Grey Market Premium (GMP) of around Rs 97. Based on the upper end of the IPO price band at Rs 574, the GMP points to an estimated listing price of nearly Rs 671, implying a potential 17% listing gain for investors.

Japan’s SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire shares from existing Indian shareholders to reach majority control. This move follows the government’s liberalization of foreign direct investment norms in the insurance sector. Universal SOMPO has shown strong growth and profitability in recent years. Additional…

Asian stocks advanced, recovering from recent losses as chip shares stabilized. Megacap technology earnings are anticipated this week, influencing market direction. Geopolitical tensions in the Middle East and trade concerns are creating investor caution. Elevated oil prices and escalating regional conflicts add to market uncertainty. Investors await corporate results and de-escalation for market rebounds.

The U.S. dollar held near a one-week peak as Middle East conflicts created energy supply fears. Markets also watched inflation risks as oil prices swung sharply near six-week highs. U.S. Treasury yields edged higher, reflecting concerns about rising consumer prices. Meanwhile, the New Zealand dollar strengthened after robust inflation data supported rate hike expectations. The…