Meghna Sen

Market volatility today was largely induced due to uncertainty around MPC's policy meet and the RBI's focus on liquidity measures following a dip in economic growth.

Payment platform Mobikwik has fixed its price band in the range of ₹265-279 per shares for which investors can apply for a minimum of 53 equity shares and its multiples thereafter.

Global brokerage firm Citi believes city gas companies such as Indraprastha Gas Ltd. and Mahanagar Gas Ltd. offer compelling risk-reward opportunity. In addition to Hindustan Petroleum Corp Ltd and Gail (India) Ltd., Citi has opened a positive catalyst watch on Indian Oil Corporation Ltd.

Suraksha Diagnostic IPO share listing today: Despite its presence in West Bengal and parts of the eastern region, the company's financial performance has been inconsistent, including a setback in FY23, though some recovery is evident recently.

The reduction in the cash reserve ratio (CRR) will be a signal that the central bank is keen on easing the monetary policy without cutting the repo rate.

Analysts believe that a reduction in the cash reserve ratio (CRR) is a positive and should impact the banks positively and ensure liquidity in the system.

Zen Technologies has signed an MoU with Florida-based AVT Simulation, known for its air simulation systems, aiming to break into the US defence market. The partnership was announced during the National Training & Simulation Association's Interservice/Industry Training, Simulation and Education Conference.

MobiKwik has highlighted several risk factors in its RHP, including intense competition, utilisation of net proceeds, reliance on third parties, and others.

For the week, the market posted gains for the third consecutive week, with both Sensex and Nifty rising over 2% each—marking their biggest weekly gains in six months.