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Turtlemint Fintech Solutions' IPO, open from June 19 to 21, was subscribed just 0.68 times overall, with retail investors showing more interest.

The IPO is set to debut at a discount on June 29, with a grey market premium of minus 3 rupees per share, signaling weak listing sentiment.

Proceeds will fund tech expansion, branding, and acquisitions.

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ICICI Securities reports that Indian equities are poised for a comeback as improving macroeconomic conditions, attractive valuations, easing foreign investor outflows, and lower crude prices support the market.

After months of correction, valuations have become reasonable and macro indicators like GDP growth and a strong rupee are strengthening the outlook, though risks such as weather events and US rate hikes remain.

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Wall Street ended the week mixed as the Dow Jones hit a record high, rising 0.6 percent, while the Nasdaq plunged 4.6 percent amid heavy losses in tech and semiconductor stocks.

Concerns over AI investment, rising hardware costs, and expectations of prolonged high US interest rates rattled investors, overshadowing a sharp drop in crude oil prices.

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Gold and silver prices rebounded for the second day, supported by a weaker US dollar, with Comex gold rising above $4,100 and silver near $60.

Despite this recovery, both metals remain on track for steep weekly and monthly losses, with gold down 11 percent and silver down 22 percent in June, reflecting ongoing market volatility.

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Crude oil prices plunged as shipping resumed through the Strait of Hormuz, easing supply concerns.

Brent crude fell 5 percent to $72 per barrel, marking a 20 percent drop in June and erasing nearly half of war-driven gains.

The decline follows US-Iran peace progress and increased Middle East exports, boosting supplies and lowering inflation worries.

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BEML shares will be in focus after the company secured an additional $5.35 million export order from the Middle East, bringing its total export contract to $41.73 million and its international order book to $112.35 million.

Despite record revenues, BEML's net profit has declined, and shares are down 36 percent from their July 2024 peak amid ongoing volatility.

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Goldman Sachs strategist Christian Mueller-Glissmann suggests big tech stocks, especially hyperscalers like Amazon, Microsoft, and Alphabet, could become more attractive amid ongoing chipmaker volatility in the AI trade.

While chipmakers have led recent gains, their high volatility and leverage make diversification toward large tech firms appealing as AI momentum continues.

Investors are advised to consider shifting from semiconductors to hyperscalers.

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US stock futures slid on June 26, with Nasdaq futures dropping 1.1% and S&P 500 down 0.5%, as a global tech sell-off resumed amid concerns about high valuations and AI infrastructure costs.

Tech giants like Apple and SoftBank saw sharp declines.

Meanwhile, Brent crude oil prices fell below $73 a barrel as shipping through the Strait of Hormuz recovered, easing global inflation fears.

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Crisil Ratings reports that the recent West Asia peace deal and the resulting drop in crude oil prices have halved the expected hit to India Inc.'s operating margins this fiscal to about 100 basis points.

Oil marketing and fertiliser companies will benefit most, while only 10 of 34 sectors face some pressure, far less than earlier worst-case projections.

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HDFC AMC will announce its June 2026 quarter results on July 15, with trading in its shares restricted from July 1-17.

Shares have surged over 200 percent since March 2023.

The company recently launched the HDFC Growth for GOOD Portfolio focusing on sustainable investments.

Despite a Q4 profit dip, FY26 profit and revenue rose over 16 percent and 17 percent, respectively.

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Consumer staples companies in India are projected to see steady revenue growth of 10.4% year-on-year in Q1FY27, driven mainly by price hikes rather than volume gains, according to Nomura.

This marks the third consecutive quarter of double-digit growth, with demand remaining stable despite modest price increases and geopolitical headwinds such as the West Asia conflict.

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Multi Cap Funds require a minimum 25 percent allocation each to large-, mid-, and small-cap stocks, ensuring true diversification in a single scheme.

This mandated structure distinguishes them from flexi-cap funds, helping investors benefit from multiple market cycles.

Top funds have outperformed benchmarks, though returns vary across schemes, making proper fund selection essential for optimizing diversification and potential gains.

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Standard Engineering Technology Ltd. (SETL) shares will be in focus after the company announced the acquisition of a 51% stake in GScale Energy, marking its entry into the AI data centre market.

Backed by a ₹500 crore investment and targeting 40-50% core revenue growth by FY2027, SETL has already seen its stock price more than double from March lows.

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India's IPO market remains upbeat with CSM Technologies, Knack Packaging, and Aastha Spintex all showing positive grey market premiums.

CSM Technologies' GMP is +4, Aastha Spintex's is +4.75, and Knack Packaging leads with a GMP of +11.5, signaling likely strong listings for all three.

Investor interest and listing gains remain strong across technology, textiles, and packaging sectors.

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Foreign investors withdrew $5 billion from India-focused offshore funds and ETFs in the March quarter as capital shifted to AI-driven markets like Korea and Taiwan.

This marked a rise from $1.8 billion in outflows in the previous quarter, with India funds' assets dropping 19.5 percent amid macroeconomic stabilization signs and a significant Nifty 50 decline.

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Anand Rathi has given a bullish 'Buy' call on Hindustan Copper, projecting a 45% upside with a share price target of ��715.

Despite recent corrections, the brokerage points to robust growth, ongoing capacity expansions, multi-year revenue opportunities, and rising domestic copper demand.

Risks include commodity price volatility and potential delays in expansion.

Hindustan Copper has delivered 331% returns in five years.

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Tata Motors' passenger vehicles division has outlined a bold five-year growth target, aiming to significantly outpace industry averages and boost market share through new launches and refreshes.

However, investor focus remains on the recovery of Jaguar Land Rover (JLR), whose performance is seen as crucial to Tata Motors' overall stock outlook and future growth prospects.

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Bitcoin has fallen below $60,000, slipping to $59,934 amid renewed inflation concerns and fears of US Fed rate hikes.

Weak investor sentiment, ETF outflows, and large crypto liquidations have accelerated declines.

Experts see $55,000 as key support and $61,000 as resistance, with continued volatility likely until a positive catalyst emerges.

Broader uncertainty and risk aversion persist across both crypto and traditional markets.

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Bitcoin tumbled below 60000 to its lowest level in 20 months, pressured by a global tech stock sell-off and expectations of higher US interest rates.

Analysts cite ongoing macroeconomic concerns and weak retail demand, with volatility likely to persist.

Outflows from Bitcoin ETFs are slowing, but selling pressure remains.

Key support is seen at 56000, with further downside possible if that level breaks.

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Sathya Agencies, Kanohar Electricals, and Torrent Gas have received SEBI approval to launch IPOs.

Sathya aims to raise 600 crore rupees, with funds going toward debt repayment and acquisition.

Kanohar plans a 300 crore rupee IPO for business expansion.

Torrent Gas opted for a confidential filing, allowing regulatory review without immediate public disclosure.