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.