Sumitomo Mitsui is set to divest its 1.65% stake in Kotak Mahindra Bank through a block deal valued at Rs 6,166 crore, offered at a 4% discount. Despite this sale, brokerages maintain a positive outlook on Kotak, citing strong fundamentals and growth potential. Axis Securities reiterates a BUY call, anticipating credit growth and margin recovery.

Wall Street indexes experienced a slight uptick at the opening bell on Tuesday, building on the momentum from the previous day s near-record closing levels. Investors are proceeding with caution as they await the upcoming revision of the employment rate. The Dow, S&P 500, and Nasdaq Composite all registered gains in early trading.

India s market regulator is expediting IPO clearances, aiming to approve most within three months, potentially leading to a record-breaking year for share sales. SEBI is leveraging AI and engaging with merchant bankers to streamline the process under new leadership. Despite secondary market underperformance, Indian firms have already raised substantial funds through IPOs, positioning India as a leading IPO market.

France s borrowing costs exceeded those of traditional European debt laggard Italy on Tuesday, reflecting investor worries over the country s finances and political stability after Prime Minister Francois Bayrou s ouster.

Buy Inox Wind Ltd. at a price target of Rs 210.0 .

Investor Jim Rogers highlights gold and silver as safe havens amid weakening faith in US treasuries, preferring silver over gold at current levels. He sees India as a promising but pricey equity market, favors agriculture as an emerging investment theme, and remains cautious on global markets due to widespread optimism.

Jane Street faces scrutiny from India s Sebi over alleged manipulation in the options market, involving a hefty penalty and trading ban. The firm is appealing to SAT, arguing Sebi withheld exculpatory evidence. The outcome will determine Jane Street s future in India and test Sebi s enforcement transparency, impacting investor confidence in the booming options market.

Amanta Healthcare shares extended gains after debuting at a 7% premium, reflecting moderate investor optimism despite steep valuations at 46.6x FY25 earnings. The sterile injectables maker plans to use IPO proceeds for capacity expansion under its SteriPort brand and SVP facility. Strong margins, growing exports, and branded generics support growth, though supply risks and competition remain overhangs.

Sebi has introduced relaxed delisting norms for PSUs where the government holds over 90% stake, excluding banks, NBFCs, and insurance firms. The new rules waive the two-thirds public shareholder approval threshold and offer a fixed-price delisting option with a minimum 15% premium over the floor price.

Gold prices in India surged to Rs 1,09,500 per 10 grams, tracking COMEX highs of $3,700/oz. Driven by Fed rate cut expectations, dollar weakness, and geopolitical risks, analysts see the bull run continuing with further record highs likely.