The US stock market will be fully closed on Good Friday, April 18, 2025, with trading resuming Monday. Bond markets shut early on Maundy Thursday. Bank schedules may vary in 12 states. Mixed market movement was seen before the holiday break.
Hexaware Technologies began trading on Indian exchanges with modest gains. Despite no grey market premium, the IPO became India's largest in IT services, with a strong institutional subscription but less retail interest. AI innovation fuels growth, while client concentration poses risks.
Waaree Energies, a prominent name in India's solar PV module market, witnessed its share prices leap significantly after a commendable third-quarter performance. The company showcased a remarkable 295.66% increase in year-on-year profit, supported by a robust 116.6% surge in revenue. With ambitious plans for expansion into emerging markets like energy storage and green hydrogen, Waaree's strategic moves promise a strong foothold in the renewable energy sector.
Denta Water and Infra Solutions' highly anticipated IPO allotment is set to finalize on January 27, 2025. With a staggering oversubscription of 221.68 times, investors eagerly anticipate checking their allotment status. The company's shares are expected to list on January 29, 2025, with potential listing gains hinted by an active grey market premium. Investors should stay informed to capitalize on this promising opportunity.