Knack Packaging IPO Day 2: Issue subscribed 3 times, GMP indicates 16% listing gain. Should you apply?

Knack Packaging’s IPO is attracting significant investor attention, with its shares trading at a 16% premium in the grey market. The public issue, which closes on July 3, has seen strong subscription rates, particularly from retail investors. The company plans to use the funds to expand its manufacturing capabilities. Brokerages recommend subscribing for the long…

How Microsoft’s AI strength is fueling its stock rally

Microsoft shares rallied as investors returned to large-cap technology stocks, driven by renewed confidence in artificial intelligence, strong enterprise software demand, and optimism around its cloud business. Azure remains the key growth engine, supported by AI integration across products. Analysts continue to view Microsoft as a leading long-term AI investment.

June auto sales data: Commercial vehicle turns consensus player; brokerages list stocks to buy

Indian automakers reported strong performance in June 2026, with healthy demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Brokerages including Motilal Oswal, Emkay and ICICI Securities highlighted broad-based growth, with several OEMs beating estimates. Maruti, M&M, TVS and Tata Motors stood out, while Hyundai underperformed in PVs. Analysts remain optimistic on the sector, favouring…