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Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm.   With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital asset often called "digital gold." Its value stems from solving the double-spending problem without trusted intermediaries, creating the first truly scarce digital asset with censorship resistance and permissionless access that no government, corporation, or individual can control.  Bitcoin operates as a decentralized peer-to-peer network where transactions are recorded on a public ledger called the blockchain, distributed across thousands of computers globally. Transactions are grouped into blocks added approximately every 10 minutes through mining, where specialized computers compete to solve complex mathematical puzzles.   Bitcoin has achieved mainstream adoption through multiple vectors. The January 2024 SEC approval of 11 spot Bitcoin ETFs opened Bitcoin investment to traditional finance participants, and corporations like Strategy (formerly MicroStrategy) are using Bitcoin as a treasury reserve asset to protect against currency debasement, offering MSTR holders amplified exposure to Bitcoin.   The Bitcoin ecosystem continues to evolve with innovations like Ordinals, which emerged in January 2023 to enable NFT-like functionality directly on Bitcoin, and BRC-20 tokens, an experimental standard for creating fungible tokens using Ordinal inscriptions. BTCFi (Bitcoin Finance) represents emerging financial applications extending beyond Bitcoin's traditional role, with protocols like Babylon allowing Bitcoin holders to stake BTC to secure Proof of Stake chains.

Bitcoin

Bitcoin is currently experiencing high volatility driven by geopolitical tensions in the Middle East and market speculation regarding a high-stakes presidential address. Community discourse remains deeply polarized, with traders debating whether the asset will break through resistance levels or succumb to a broader market sell-off.

SPDR S&P 500 ETF TRUST - Units of undivided interest in SPDR Trust Series 1

The market is experiencing significant volatility as investors digest a contentious presidential address regarding ongoing geopolitical tensions in the Middle East, leading to conflicting reactions from bulls hoping for stability and bears anticipating further downside. Community discourse is currently dominated by intense frustration over market manipulation, with active debate centered on whether the recent price swings are driven by genuine geopolitical threats or tactical, news-driven trading patterns.

AleAnna, Inc. operates as a technology-driven energy company, which engages in supplying low-carbon natural gas and renewable natural gas to Italy. The company was founded in 2007 and is headquartered in Dallas, TX.

AleAnna Inc. - Ordinary Shares - Class A

AleAnna Inc. is surging due to significant short-squeeze dynamics, an extremely high cost-to-borrow, and a robust quarterly revenue growth announcement. Investors are actively debating the stock's role as a natural gas provider amidst broader energy sector volatility and ongoing geopolitical tensions in the Middle East.

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

NVIDIA is currently trending as a centerpiece of the AI infrastructure boom, with the community actively debating whether recent record-breaking backlog growth and strategic investments confirm a durable competitive moat or unsustainable valuation peaks. Investors are closely monitoring how the company navigates global export policy shifts and geopolitical volatility, with many traders looking for price confirmation near key technical levels while weighing long-term structural demand against macro-economic risks.

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.

Globalstar Inc.

Globalstar is trending following reports that Amazon is in advanced talks to acquire the company, fueling speculation of a potential bidding war with SpaceX to secure critical L-band and S-band spectrum for satellite-to-device connectivity. The community is actively debating the valuation, the strategic role of Apple's existing partnership, and the broader implications for the satellite internet race.

Rocket Lab Corp. engages in the development of rocket launch and control systems for the space and defense industries. It operates through the Launch Services and Space Systems segments. The Launch Services segment provides launch services to customers on a dedicated mission or ride-share basis. The Space Systems segment consists of spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and on-orbit mission operations. The company was founded by Peter Beck in 2006 and is headquartered in Long Beach, CA.

Rocket Lab Corp.

Rocket Lab USA Inc

Rocket Lab is currently surging on high momentum as market speculation around a major SpaceX IPO acts as a powerful catalyst for the entire aerospace sector. Investors are actively debating whether this sector-wide rally will lead to a sustained breakout for Rocket Lab or if the hype cycle will ultimately result in a liquidity shift toward newer public offerings.

Applied Digital Corporation

Applied Digital is currently navigating extreme volatility, with investors reacting to broader geopolitical concerns, including the ongoing conflict in Iran, while closely monitoring key upcoming deadlines for hyperscaler lease announcements. Despite significant price fluctuations and community debate over the impact of macro factors, sentiment remains split between long-term confidence in the company's AI infrastructure trajectory and short-term anxiety regarding potential debt and tenant reliability.

Intuitive Machines, Inc. is a space exploration, infrastructure, and services company, which engages in contributing to the establishment of cislunar infrastructure and helping to develop cislunar and deep space commerce. It offers space products and services. The company was founded by Stephen J. Altemus, Kam Ghaffarian, and Timothy P. Crain in 2013 and is headquartered in Houston, TX.

Intuitive Machines Inc - Ordinary Shares - Class A

Intuitive Machines Inc

Intuitive Machines is trending as investors aggressively position for the upcoming Artemis II mission and broader anticipation of a potential SpaceX IPO. While the stock has faced recent volatility from institutional selling registrations, the community remains intensely focused on the company's role in lunar infrastructure and its status as a key play in the evolving space economy.

Strategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Tysons Corner, VA.

Strategy Inc. - Ordinary Shares - Class A

Strategy

MicroStrategy is facing intense community volatility and selling pressure as investors grapple with concerns over potential share dilution and the stock's failure to keep pace with Bitcoin's price movements. Sentiment remains sharply divided between bearish traders betting on further downside and long-term believers who are viewing the recent price compression as a strategic opportunity to build positions.

Nebius Group NV is a technology company that provides infrastructure and services to AI builders worldwide. It offers Nebius AI, an AI-centric cloud platform provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools. The company also operates through specialized brands: Toloka AI, which partners in data for generative AI development; TripleTen, an edtech platform focused on re-skilling individuals for tech careers; and Avride, which develops autonomous driving technology. Nebius Group was founded by Elena Kolmanovskaya, Ilya Segalovich, Mikhail Fadeev, and Arkady Volozh in 1989 and is headquartered in Amsterdam, the Netherlands.

Nebius Group N.V. - Ordinary Shares - Class A

Nebius Group N.V. 

Nebius Group is facing intense volatility as the market reacts to shifting geopolitical tensions and concerns over AI infrastructure supply chains, leading to a disconnect between the company's recent massive deals with industry leaders and its recent price action. While some investors are treating the pullback as a long-term accumulation opportunity for a structural growth play, others are expressing frustration with the stock's sensitivity to macro news and the aggressive selling pressure currently dominating the sector.

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<ul class="summary-bullets"><li>The OFS values the food company at about ₹10,000 crore.</li><li>IPO will open on October 29 and close on October 31, with listing slated for November 6.</li><li>The FMCG firm is known for brands like MTR, Rasoi Magic and Eastern</li></ul>&nbsp;Orkla India, formerly known as MTR Foods, is set to launch its ₹1,667-crore initial public offering (IPO) next week. The IPO will be open for subscription on October 29 and close on October 31.<h2 class="st-heading-2">IPO Details</h2>The company has set a price band of ₹695 - ₹730 per share. At the upper end of the price band, the company’s valuation is estimated at ₹10,000 crore. The IPO lot size comprises of 20 shares.The IPO is an entirely offer-for-sale (OFS), meaning no new shares will be issued and all proceeds will go to existing shareholders, including the promoter, Orkla Asia Pacific Pte Ltd, and minority shareholders Navas Meeran and Feroz Meeran.The issue has reserved 50% for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail participants, with an additional 30,000 shares set aside for employees. The IPO allotment will be finalized on November 3, with shares credited on November 4, and the listing is tentatively scheduled for November 6 on the BSE and NSE.ICICI Securities, Citigroup Global Markets India, JP Morgan India, and Kotak Mahindra Capital Company are the book-running lead managers of the issue.Reports indicate that Orkla’s grey market premium is currently at ₹60.<h2 class="st-heading-2">Company Details</h2>Orkla India manufactures products such as masalas, ready-made meals, sweets, and breakfast mixes under leading brands like MTR, Eastern, and Rasoi Magic. Since FY19, the company has had a CAGR growth of 10.8%. The company has a strong presence in southern India.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

MTR Foods Parent Orkla India’s IPO Opens Next Week With ₹695-₹730 Price Band

IPO will open on October 29 and close on October 31, with listing slated for November 6

Equity

<ul class="summary-bullets"><li>India may permit higher imports of non-genetically modified U.S. corn and soymeal</li><li>Agreement may also include a framework for periodically reviewing tariffs and market access</li><li>US imposes fresh sanctions on Rosneft and Lukoil</li></ul>India and the United States are reportedly on the cusp of finalizing a long-overdue trade agreement. The deal could significantly lower U.S. tariffs on Indian goods from around 50% to around 15% to 16%, according to a report by Mint.The deal, centered on energy and agriculture, may also involve India gradually reducing its imports of Russian crude oil. Both the Indian Ministry of Commerce and the White House have yet to comment.U.S. President Donald Trump said he spoke with Prime Minister Narendra Modi on Tuesday, focusing mainly on trade and energy. Trump said that Modi assured him India would curb oil purchases from Russia. Modi confirmed the conversation via a <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/narendramodi/status/1980826742379184347?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet">post</a> on X, thanking Trump for his Diwali greetings and emphasizing the shared values of democracy and unity against terrorism.As part of the proposed deal, India may permit higher imports of non-genetically modified U.S. corn and soymeal. The agreement could also include a framework for periodically reviewing tariffs and market access. An official announcement is expected at the upcoming ASEAN Summit later this month.Oil has been the focal point in the trade talks between the two countries. The United States had imposed a 50% tariff on Indian goods after Donald Trump accused New Delhi of funding the “senseless” war between Russia and Ukraine by purchasing the deeply discounted Russian crude oil.Last week, Trump said that Modi promised him that India would reduce imports, even as Indian officials denied it.<h2 class="st-heading-2">US Sanctions Russian Oil Companies</h2>Washington imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, accusing Moscow of showing no real intent to end the war in Ukraine. The move came as Russia held a major nuclear training exercise and just a day after a planned summit between U.S. President Donald Trump and Russian President Vladimir Putin was abruptly cancelled. Trump said he called off the meeting because “it didn’t feel right.”The U.S. Treasury said the sanctions aim to weaken Moscow’s ability to finance its war efforts, marking a tougher stance after weeks of hesitation. Treasury Secretary Scott Bessent urged for an “immediate ceasefire,” with oil prices rising over $2 a barrel following the announcement.Trump, who had previously resisted energy sanctions in hopes that Putin would negotiate peace, said the lack of progress left him no choice. Ahead of a meeting with Chinese President Xi Jinping, Trump urged Beijing to use its influence on Moscow. Meanwhile, the European Union approved its 19th sanctions package, including a ban on Russian LNG imports.Despite the setback, Russian officials said summit preparations were still underway, though no date has been finalized. The delay follows renewed Russian demands for Ukraine to cede control of the Donbas region.For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. (Photo by Andrew Harnik/Getty Images)

New India-US Trade Deal Could Lower Tariffs To 15-16%: Report

India may permit higher imports of non-genetically modified U.S. corn and soymeal

E-commerce unicorn Meesho has filed its updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a significant step toward what could become one of India’s largest internet IPOs in 2025.In July, Meesho had filed its DRHP with a total issue size of $500 million.<h2 class="st-heading-2">Meesho To Raise ₹4,250 Crore</h2>The SoftBank-backed firm plans to raise ₹4,250 crore ($480 million) through a fresh equity issue, alongside an offer for sale (OFS) of up to 17.57 crore shares worth ₹2,200-₹2,600 crore ($250-300 mn) by existing investors and promoters. This takes the total IPO size to around $800 million.&nbsp;The IPO structure comprises two parts, a fresh issue aimed at strengthening Meesho’s balance sheet and funding growth initiatives, and an OFS involving partial exits by early backers. The proceeds from the fresh issue will be used to improve AI and technology infrastructure, cloud capabilities, marketing efforts, and potential inorganic growth opportunities.Kotak Mahindra Capital, JP Morgan India, Morgan Stanley India, Axis Capital, and Citigroup Global Markets India are the lead managers for this highly anticipated IPO.<h2 class="st-heading-2">Who Will Be Participating In Meesho OFS?</h2>The OFS will see participation from marquee investors such as Elevation Capital, Peak XV Partners, Y Combinator, Golden Summit, and Venture Highway, along with co-founders Vidit Aatrey and Sanjeev Kumar.<h2 class="st-heading-2">Growing Business Momentum</h2>Operationally, Meesho has continued to show strong business momentum. In FY25, it connected over five lakh sellers to 199 million users, processing 1.8 billion orders. The platform’s Net Merchandise Value (NMV) surged 29% YoY to ₹29,988 crore, with a further 36% growth in Q1 FY26.Meesho also turned free cash flow positive in FY25 with ₹1,032 crore, despite posting a net loss of ₹3,942 crore due to a one-time exceptional item.For updates and corrections, email newsroom[at]stocktwits[dot]com

 IPO Wooden blocks -Initial public offering - stock photo 

Softbank-backed Meesho’s Updated DRHP Signals Fresh Push Towards $800 Million IPO

It aims to raise $480 million through new shares and an additional $250-300 million via secondary sale by investors. 

Shares of Canara HSBC Life Insurance Company&nbsp;made a muted debut on the primary exchanges on Friday, listing at ₹106 per share, the same as its issue price.The shares gained slightly in half an hour of trading. At the time of writing, the stock’s price was ₹108.78 on the NSE and ₹108.85 on the BSE.&nbsp;Mixed Response To IPOThe issue was subscribed 2.3 times overall, led by strong institutional participation, with the QIB category subscribed 7.05 times, while retail and NII portions saw lower demand at 0.42 and 0.33 times, respectively.The ₹2,517.5-crore book-built offer was entirely an offer-for-sale (OFS) of 23.75 crore shares by promoters Canara Bank, HSBC Insurance (Asia-Pacific) Holdings, and Punjab National Bank. Post-listing, promoter holding has reduced from 77% to 62%.Before the IPO, the company raised ₹750.32 crore from anchor investors, including ICICI Prudential Mutual Fund, DSP MF, WhiteOak Capital, Mirae Asset MF, HDFC MF, Amundi Funds, Matthews India Fund, Tata MF, Motilal Oswal MF, Allianz Global Investors Fund and Societe Generale.The IPO, open from October 10 to 14, had a price band of ₹100 - ₹106 per share, with a minimum retail lot size of 140 shares.SBI Capital Markets, BNP Paribas, HSBC Securities, JM Financial, and Motilal Oswal acted as lead managers for the issue.On Thursday, Canara Robeco Asset Management Company (AMC) made a <a href="https://stocktwits.com/news-articles/markets/equity/canara-robeco-amc-lists-at-5-premium-stock-climbs-above-300-on-debut/ch6YrusR3V1">lukewarm debut</a> on the primary indices, listing at a 5.4% premium.For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

Artistic representation of a trending chart.

Canara HSBC Life Insurance Company Makes Dull Market Debut; Lists At Issue Price

The stock gained marginally within half an hour after listing

Canara Robeco Asset Management Company (AMC) made a lukewarm debut on the primary indices on Thursday, listing at a 5.4% premium.Shares of the AMC opened at ₹280.25 on both the NSE and the BSE, representing a 5.36% gain over its IPO price of ₹266 per share.However, the stock quickly rose above ₹300. At the time of writing, the stock was trading at ₹306 on the NSE and ₹306.7 on the BSE.IPO Receives Decent Investor InterestCanara Robeco AMC’s initial public offering (IPO) garnered reasonable investor interest over its three-day subscription period, from October 9 to October 13. It was subscribed nearly 10 times, with the retail category recording a subscription of 1.91 times, QIBs were oversubscribed 25.92 times, and non-institutional investors (NIIs) saw 6.45x subscription.The shares were offered at a price band of ₹253 - ₹266 per share, with the total IPO size at ₹1,326 crore, comprising only an offer for sale (OFS) of around five crore shares, and no fresh issue component.In the OFS, Canara Bank sold 2,59,24,266 shares while Orix Corporation offloaded 2,39,30,091 shares.The proceeds from the IPO will go to the selling promoters, with Canara Bank holding 51% and Orix Corporation holding the remaining stake in the AMC.Ahead of the public subscription, the company raised over ₹750 crore from anchor investors, which included prominent institutional participants such as ICICI Prudential MF, HDFC MF, DSP MF, WhiteOak Capital, Mirae Asset MF, Allianz Global Investors, Amundi Funds, Matthews India Fund, Tata MF, Motilal Oswal MF, and Societe Generale.The IPO was managed by SBI Capital Markets, Axis Capital, and JM Financial as book-running lead managers, with MUFG Intime India serving as the registrar.Brokerage Says Canara Bank’s Distribution Network To Benefit The AMCPL Capital initiated coverage on Canara Robeco Asset Management Company with a 'Buy' rating. The brokerage set a target price of ₹320, implying over 20% upside from the IPO price of ₹266, citing strong core earnings potential, higher equity share, and distribution advantages from its parent, Canara Bank.Company DetailsCanara Robeco AMC was established in 1993 and is among India’s oldest asset management firms. It acts as the investment manager for Canara Robeco Mutual Fund. Headquartered in Mumbai, the company is a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

Close up of female hand touching stock market analysis digital display screen TradingView chart, analyzing investment and financial trading data in candlestick chart on a touch screen interface.

Canara Robeco AMC Lists At 5% Premium; Stock Climbs Above ₹300 On Debut

The stock opened at ₹280 but rose to above ₹300 in half an hour of trading

Rubicon Research made a strong debut on the primary indices on Thursday, listing at a 28% premium.Shares of the pharmaceutical company opened at ₹620 on the NSE, representing a 27.84% gain over its IPO price of ₹485 per share. It debuted at ₹620.10 on the BSE, up 27.86%.At the time of writing, the stock was trading at ₹600.55 on the NSE and ₹601.1&nbsp;on the BSE.Overwhelming Investor ResponseThe pharmaceutical company launched its ₹1,377.5-crore IPO for subscription between October 9 and October 13, witnessing robust participation across investor categories.The issue was subscribed 104 times overall, with non-institutional investors (NIIs) bidding 97.61 times, qualified institutional buyers (QIBs) 130.26 times, and retail investors 35.47 times. The IPO was priced between ₹461 and ₹485 per share with a lot size of 30 shares.The IPO comprised a fresh issue of ₹500 crore and an offer for sale (OFS) of ₹877.5 crore by General Atlantic Singapore&nbsp;RR, whose holding will decline to around 35% post-listing.The issue received strong anchor backing of ₹619 crore from global and domestic investors, including Goldman Sachs, HDFC Mutual Fund, Fidelity Funds, ICICI Prudential MF, Kotak Mahindra MF, Amansa Holdings, and Aranda Investments.Proceeds of about ₹310 crore from the fresh issue will be utilized for debt repayment, inorganic growth, and general corporate purposes.The offering is being managed by JM Financial, Axis Capital, IIFL Capital, and SBI Capital Markets, with MUFG Intime India serving as the registrar.Brokerages Bullish But Flag Reliance On US MarketJM Financial: Rubicon Research stands out for its leadership in high-value U.S. generic and specialty pharmaceutical markets, backed by integrated R&amp;D, manufacturing, and regulatory strengths. The acquisition of U.S.-based Validus has enhanced its margins, efficiency, and direct access to prescribers, while a strong product pipeline and steady FDA approvals reinforce its growth outlook.However, the stock’s high valuation of around 60× FY25 earnings reflects ambitious growth assumptions. With over 98% of revenue coming from the U.S., the company faces market concentration, regulatory, and currency risks, along with the ongoing need for heavy R&amp;D investment.Still, Rubicon’s evolution from an Indian contract developer to a global specialty exporter positions it as one of the most agile mid-cap pharma stories of 2025, it said.ICICI Direct: Rubicon reported a revenue CAGR of 80% between FY23 and FY25, driven by rising market share and the launch of new products. The company achieved healthy operating performance with EBITDA margins of 19.9% and a return on capital employed (RoCE) of 26% in FY25.Despite these strong financials, the IPO’s valuation, 59 times P/E and 32 times EV/EBITDA at the upper price band, appears expensive given the company’s heavy reliance on U.S. revenues and related compliance risks.Company DetailsFounded in 1999, Rubicon Research is a pharmaceutical company specializing in the development, manufacturing, and commercialization of differentiated formulations. As of June 2025, the company had 72 ANDA and NDA approvals from the US FDA, with 66 already commercialized. It also has 17 new products awaiting approval and 63 under development, serving 96 customers, including the top three US wholesalers.Beyond the US, Rubicon holds 48 product registrations across Australia, the UK, Singapore, Saudi Arabia, and the UAE, with plans to begin operations once approvals are received. The company also provides contract manufacturing services in Australia and New Zealand.For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

Rubicon Research Lists At 28% Premium After Blockbuster IPO Subscription

The stock, which received 104x bids over the shares offered, listed at ₹620 on the NSE

Wholesale inflation in India eased to 0.13% in September, compared to 0.52% last month. According to an official press release by the government, the positive inflation rate was primarily driven by rising prices in manufactured food products, other manufactured goods, non-food items, textiles, and transport equipment.WPI Food Index inflation was negative, at -1.99% in September, compared to 0.21% in August.Inflation BreakdownThe wholesale inflation for the Primary Articles category came in at -3.32% in September, from -2.10% in the previous month.&nbsp;Within this, food articles inflation (-5.22%), including pulses, cereals and vegetables, eased compared to the previous month. Non-food articles prices also fell to 3.14% from 5.56% in August. In contrast, the price of fuel and power edged slightly higher to -2.58% from -3.17%.And in the manufactured products category, inflation was 2.33% compared to 2.55% in August.Retail Inflation Falls To 8-year LowsIndia’s annual <a href="https://stocktwits.com/news-articles/markets/equity/india-s-retail-inflation-falls-to-over-8-year-lows-in-september/ch6Sh7wR3ke">retail inflation</a> fell to 1.54% in September from 2.07 % in August, and marked the lowest year-on-year inflation since June 2017. A drop in food inflation boosted it.Earlier this month, the Reserve Bank of India (RBI) revised the FY26 CPI inflation forecast lower to 2.6% from 3.1%. The central bank cited the impact of the GST reform and a more-than-expected decline in food prices as the primary reasons for the revision.Analysts at JM Financial expect inflation to average below 2.5% in FY26, opening up the room for rate cuts by the RBI in its December policy.&nbsp;The next MPC meeting for 2025 is scheduled for December 3-5.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

India’s Wholesale Inflation Eases To 0.13% in September

India’s inflation trends show easing price pressures, raising the expectations for a potential RBI rate cut in December.

Pharmaceutical company Rubicon Research saw strong investor participation for its initial public offering.On the final day of subscription, the IPO was subscribed a staggering 93.94 times, according to BSE data. The issue received bids for 154.59 crore shares against an offer of 1.65 crore shares. Retail investors applied 30.39 times the shares of offer, non-institutional investors 93.72 times, and Qualified Institutional Buyers (QIBs) 115.62 times.The ₹1,377.5-crore IPO comprises a fresh equity issue of ₹500 crore and an Offer For Sale (OFS) of ₹877.5 crore by promoter General Atlantic Singapore RR Pte Ltd, whose stake is expected to fall to over 35% post-IPO.Rubicon Research IPO has a price band between ₹461 to ₹485 per share.Proceeds from the fresh issue, around ₹310 crore, will be used for debt repayment and strategic initiatives, including acquisitions and general corporate purposes. Anchor investors, including Kotak Mutual Fund and Motilal Mutual Fund, have committed around ₹169 crore.GMP Indicates Firm ListingAccording to reports, the company's shares are available at a substantial premium of ₹110 in the grey market on Monday.Analyst Verdict: ApplyRubicon’s strengths include a strong portfolio with over 25% market share in seven US products, advanced R&amp;D centres in India and Canada, and a well-established US distribution network, said SEBI-registered <a href="https://stocktwits.com/MBA_INVESTMENTWALA">analyst Aditya Hujband</a>.<stembedurl>https://stocktwits.com/MBA_INVESTMENTWALA/message/632022484</stembedurl>However, risks include heavy reliance on the US market, regulatory uncertainties, competitive pressures, and foreign exchange volatility, he added.Overall, the IPO appears promising for long-term investors, and Hujband recommends applying for it.Company DetailsFounded in 1999, Rubicon Research is a pharmaceutical company specializing in the development, manufacturing, and commercialization of differentiated formulations. As of June 2025, the company had 72 ANDA and NDA approvals from the US FDA, with 66 already commercialized. It also has 17 new products awaiting approval and 63 under development, serving 96 customers, including the top three US wholesalers.Beyond the US, Rubicon holds 48 product registrations across Australia, the UK, Singapore, Saudi Arabia, and the UAE, with plans to begin operations once approvals are received. The company also provides contract manufacturing services in Australia and New Zealand.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Rubicon Research Sees Overwhelming Response On Final Day Of IPO

The grey market premium stands at ₹110, indicating a strong market debut

India’s services sector maintained a healthy growth in September, supported by strong demand, rising new orders, and favorable business conditions, even as it softened compared to August.The HSBC India Services PMI Business Activity Index stood at 60.9 in September, well above the neutral 50.0, but slightly below August’s 62.9, indicating a modest easing in momentum.Exports continued to rise but at the slowest pace since March, as competition from lower-priced international services weighed on order growth. Employment growth also moderated, with less than 5% of companies reporting hiring growth, while outstanding business volumes increased at a marginal pace, reflecting limited pressure on capacity.At the end of Q2, Indian services firms saw a continued rise in expenses, with labour and material costs increasing since August. Prices charged for services increased modestly, marking the slowest rate since March and aligning with long-term averages.Despite these softer trends, business sentiment strengthened, reaching a six-month high. Companies cited advertising, efficiency gains, competitive pricing, and tax incentives as key drivers supporting optimism for the year ahead.“Business activity in India’s services sector eased in September from the recent high August level. Most trackers moderated but nothing in the survey suggested there is a big loss in growth momentum in services. Instead, the Future Activity Index rose to its highest level since March, indicating strengthening optimism services companies about business prospects,” said Pranjul Bhandari, Chief India Economist at HSBC.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Indian rupee cash bills and stock market indicator board. | Image source: Getty Images

India’s Service Sector Output Eases In September, But Optimism Hits Six-Month High

Companies cited advertising, efficiency gains, competitive pricing, and tax incentives as key drivers supporting optimism for the year ahead.

GK Energy made a strong debut in a weak market on Friday, with shares listing at a 12% premium on the NSE.Shares of the company opened at ₹171 on the NSE, compared to the issue price of ₹153. On the BSE, the stock listed at ₹165.20, marking an 8% premium.Ahead of listing, the company’s unlisted shares were trading at a grey market premium (GMP) of around 12%.At the time of writing, GK Energy was trading at ₹170 on the NSE and ₹170.2 on the BSE.IPO DetailsThe ₹464.26 crore initial public offering, with a price band of ₹145 - ₹153 per share, comprised a fresh issue of equity shares worth ₹400 crore and an offer-for-sale of ₹64.26 crore.The issue garnered an impressive response,&nbsp;with subscriptions reaching approximately 89.62 times the original number. Bids reached 1,987,778,982 shares compared to just 22,180,828 shares available for offer.The portion allocated to qualified institutional buyers (QIBs) was oversubscribed by 186.29 times, while non-institutional investors (NIIs) oversubscribed by 122.73 times. The segment for retail investors was oversubscribed by 20.79 times.Allocation was structured with 50% for qualified institutional buyers (QIBs), 15% for non-institutional bidders, and 35% for retail individual investors.The IPO allowed a minimum investment of 98 shares per lot, amounting to ₹14,994 at the upper price band.IIFL Capital Services and HDFC Bank managed the IPO.Company DetailsGK Energy offers engineering, procurement and commissioning (EPC) services for solar-powered agricultural water pump systems. It provides farmers with an end-to-end solution for survey, supply, assembly, installation, testing, commissioning, and maintenance of solar-powered pump systems.Before the IPO, the company raised ₹139.27 crore from anchor investors, including HSBC Mutual Fund, Motilal Oswal MF, Bandhan MF, Citigroup Global Markets Mauritius, Pinebridge Global Funds, and Société Générale, among others.For updates and corrections, email newsroom[at]stocktwits[dot]com.

GK Energy Shares Surge On Debut Even As Broader Indian Markets Struggle

Shares opened at ₹171 on the NSE, and ₹165.20 on the BSE, compared to the issue price of ₹153

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