The Hero MotoCorp-backed company will seek to raise ₹3,700-4,000 crore through the public issue, the people said. This would mark the first IPO since the ₹859 crore public issue of Quality Power Equipments on February 18.

The QIP market seems to be showing signs of revival. On Tuesday, Hitachi Energy India s ₹2,000 crore QIP - the largest such offering so far this year - was subscribed two times. With demand doubling, the company is likely to partially exercise the green shoe option. On Tuesday, another company, Centum Electronics, launched a ₹250 crore QIP.

Wall Street experiences volatility as tariffs from President Trump s trade war prompt retaliations from other countries. Stocks for U.S. companies like Brown-Forman and Harley-Davidson plummet due to new European Union tariffs. Additionally, AI-related companies see gains, and bond yields begin to recover.

Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.

Shruti Shibulal, one of the promoters of Infosys, on Wednesday acquired additional shares of the IT firm for Rs 469 crore through an open market transaction. Shruti is daughter of Infosys co-founder and former CEO SD Shibulal.

Silver ETFs have gained traction since 2021, with AUM surpassing Rs 13,500 crore and over 6 lakh investor folios. Strong industrial demand, especially in solar and automotive sectors, has fueled growth. Experts see increasing investor interest in silver-based assets.

Zara owner Inditex on Wednesday reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and sending its shares down 8%.

The Sensex dropped 72 points to 74,030 on Wednesday, while five BSE Healthcare stocks hit 52-week lows. Investors view such lows as potential buying opportunities or signs of underlying issues, using them to assess market sentiment and price trends.

Super Iron Foundry’s SME IPO saw a 45% subscription on Day 2, with strong retail interest at 84%. The IPO, priced at ₹108 per share, has a ₹15 grey market premium, signaling a 14% listing gain potential.