Author: Legal Parivar

Mumbai, August 5: Shares of leading capital market infrastructure companies BSE Ltd and Multi Commodity Exchange of India (MCX) declined by up to 3% on Wednesday after announcing their June quarter (Q1 FY27) results, as investors reacted to sequential earnings moderation and booked profits despite strong year-on-year growth. MCX Shares Decline After Sequential Profit Drop MCX shares came under pressure after the commodity exchange reported a 22% quarter-on-quarter (QoQ) decline in net profit to ₹413 crore, while revenue from operations fell 21% QoQ to ₹699 crore. However, on a yearly basis, the performance remained robust: Despite the strong annual growth,…

New Delhi, August 5: Paisalo Digital Ltd reported a strong start to FY27, posting robust growth across key financial metrics for the quarter ended June 30, 2026. The NBFC delivered a 128% year-on-year surge in loan disbursements, while Assets Under Management (AUM) climbed 28% YoY to ₹6,707.4 crore, driven by strong credit demand, AI-led operational efficiencies, and an expanding distribution network. The company announced its financial results through a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Paisalo Digital Q1 FY27 Highlights Paisalo Digital reported loan disbursements of ₹1,730.9 crore during Q1 FY27, compared with ₹758.1 crore…

August 5: India’s primary market is gearing up for another action-packed week, with three major mainboard IPOs—Technocraft Ventures, LEAP India, and Dhoot Transmission—scheduled to open for subscription. The upcoming public issues span sectors including infrastructure, logistics, and auto components, providing investors with diverse opportunities amid strong IPO market activity. Among the three offerings, Dhoot Transmission IPO has emerged as the standout in the grey market, with the highest premium indicating strong investor interest ahead of its launch. Technocraft Ventures IPO: Subscription Dates, Price Band and GMP The Technocraft Ventures IPO will open for public subscription on August 7 and close…

August 5: Juniper Green Energy IPO is set to make its stock market debut on Thursday, August 6, with the company’s shares scheduled to list on both the BSE and the NSE. Investor sentiment remains positive ahead of the listing, as the IPO’s grey market premium (GMP) points to a potential listing gain of over 7%. The IPO allotment was finalized on August 4, following a healthy response from investors during the three-day subscription period. Juniper Green Energy IPO GMP Today According to market observers, the Juniper Green Energy IPO GMP stood at ₹16.5 on Wednesday. Based on the upper…

August 5: India’s services sector expanded at its slowest pace in nearly four-and-a-half years in July as softer demand, moderate new business inflows, and order postponements weighed on business activity, according to the latest HSBC India Services Purchasing Managers’ Index (PMI) survey released by S&P Global. The HSBC India Services PMI declined to 53.3 in July from 57.4 in June, marking its lowest level since February 2022. While the index remained above the crucial 50-point threshold that separates expansion from contraction, it fell below its long-term average of 54.4, indicating a noticeable moderation in growth. Demand Softens, Business Activity Slows…

August 5: The Reserve Bank of India (RBI) on Wednesday revised its FY27 GDP growth forecast upward to 6.7% from 6.6%, reflecting confidence in the resilience of the Indian economy despite persistent global uncertainties. The growth upgrade came alongside the central bank’s decision to keep the benchmark repo rate unchanged at 5.25% during the August Monetary Policy Committee (MPC) meeting. The RBI had lowered its growth estimate to 6.6% in its June policy review due to volatility in crude oil prices and geopolitical tensions. However, improved domestic demand, healthy credit growth, and robust economic activity prompted the central bank to…

August 5: Indian benchmark equity indices traded higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25%, boosting investor confidence. Positive global market cues and gains in realty and auto stocks further supported the market rally. At around 11:00 AM, the BSE Sensex climbed 448.91 points (0.57%) to 78,877.87, while the NSE Nifty 50 gained 34.95 points, trading above the 24,600 mark. The RBI’s Monetary Policy Committee (MPC) maintained its policy stance, choosing to wait for clearer signs on inflation before making any changes to interest rates. The central bank is closely…

Tamil Nadu-based dairy products manufacturer Milky Mist Dairy Food is set to launch its maiden Initial Public Offering (IPO) on August 11, 2026, aiming to raise ₹1,553 crore. The IPO marks one of the largest public offerings by an Indian dairy company and comes after the company reduced its issue size following a successful pre-IPO investment from a subsidiary of Singapore’s Temasek Holdings. The public issue will remain open for subscription until August 13, while the anchor investor bidding is scheduled for August 10. The price band is expected to be announced shortly before the issue opens. IPO Structure The…

The Indian rupee opened 46 paise stronger at 94.92 against the US dollar on August 5, 2026, supported by a sharp decline in global crude oil prices and improving market sentiment ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) policy announcement. The domestic currency had closed at 95.38 per US dollar in the previous trading session, making Wednesday’s opening its strongest level since July 8. The appreciation came as Brent crude prices slipped below the $80 per barrel mark, easing concerns over India’s import bill and inflation outlook. Falling Crude Oil Boosts the Rupee India imports…

The Reserve Bank of India (RBI) is expected to leave the benchmark repo rate unchanged at 5.25% during the Monetary Policy Committee (MPC) meeting on August 5, 2026, as policymakers weigh domestic economic conditions against rising global uncertainties. According to a recent survey of economists, treasury heads and fixed-income experts, the central bank is also expected to retain its “neutral” policy stance, signalling a balanced approach between supporting economic growth and containing inflation. Market participants believe the RBI will continue its wait-and-watch strategy amid geopolitical tensions in West Asia and elevated crude oil prices. Why Markets Expect No Change in…