Banco do Brasil Q2 2026 slides: profit rises QoQ amid credit woes

Ardee Industries raised ₹127.75 crore from anchor investors before its IPO on August 5, 2026. The company plans to raise ₹426 crore, utilizing funds for working capital, debt repayment, and corporate purposes. The price band is set at ₹50-53 per share.

Despite a flat Sensex close, six BSE 150 MidCap stocks—Ipca Laboratories, Sona BLW Precision Forgings, BHEL, Gujarat Fluorochemicals, Lupin and Biocon—hit fresh 52-week highs, signalling strong buying interest, improving investor confidence and sustained bullish momentum.

US stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments and derivatives activity are straining bank capacity, pushing up financing expenses. This trend, particularly concentrated in tech and semiconductor stocks, raises questions about the sustainability of the current rally, even as the broader Treasury…