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SBI Funds IPO: SBI shareholders can apply in two categories. Here’s how

SBI Funds Management IPO price band is set at  <span class='webrupee'>₹</span>545 -  <span class='webrupee'>₹</span>574 per share, and the IPO lot size is 26 shares.

SBI Funds Management IPO includes a dedicated reservation for eligible State Bank of India (SBI) shareholders. The company has earmarked up to 1.3 crore equity shares, valued at nearly ₹750 crore at the upper end of the price band, for this category.

4 min read11:05 AM IST
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STOCKSPRICECHANGE%CHANGE
Nuvoco Vistas Corporation
341.0025.308.01
Biocon
440.8030.257.37
Container Corporation of India
487.2022.304.80

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STOCKSPRICECHANGE%CHANGE
Nuvoco Vistas Corporation
341.0025.308.01
Biocon
440.8030.257.37
Container Corporation of India
487.2022.304.80
STOCKSPRICECHANGE%CHANGE
Nuvoco Vistas Corporation
341.0025.308.01
Biocon
440.8030.257.37
Container Corporation of India
487.2022.304.80
STOCKSPRICECHANGE%CHANGE
Nuvoco Vistas Corporation
341.0025.308.01
Biocon
440.8030.257.37
Container Corporation of India
487.2022.304.80
STOCKSPRICECHANGE%CHANGE
Nuvoco Vistas Corporation
341.0025.308.01
Biocon
440.8030.257.37
Container Corporation of India
487.2022.304.80
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US stock market holiday: Here's why Wall Street is closed on July 3

The Dow Jones gained 594.83 points to close at 52,900.07, marking its fourth week of gains. The S&P 500 was unchanged, while the Nasdaq fell 207.36 points. Financial markets will be closed on July 3 for Independence Day, resuming trading on July 6.

2 min read3 Jul 2026
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Supreme Court upholds SEBI's ₹2.1 crore penalty on Kotak AMC, Nilesh Shah and others against Essel Group

The Supreme Court upheld SEBI's penalties against Kotak Mahindra AMC and six executives for mutual fund regulation violations. The court emphasized compliance over profits and upheld a total penalty of ₹2.1 crore, cautioning the mutual fund industry about the importance of regulatory adherence.

3 min read10:31 AM IST

SBI Funds Management IPO: SBI shareholders can apply in two categories and improve their allotment chances. Here’s how

SBI Funds Management IPO includes a dedicated reservation for eligible State Bank of India (SBI) shareholders. The company has earmarked up to 1.3 crore equity shares, valued at nearly ₹750 crore at the upper end of the price band, for this category.

4 min read11:05 AM IST

Gold, Silver Rates Today: MCX gold price rises near ₹1.41 lakh, silver gains

Gold prices rose after hitting a two-week low earlier in the session, as markets awaited key US inflation data. However, escalating US-Iran war lifted crude oil prices higher and reinforced expectations of further interest rate hikes by the US Federal Reserve, keeping sentiment weak for bullion.

3 min read09:12 AM IST

MCX Commodities

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GOLD Expiry: 05 Aug 2026

1,41,382.001073.000.76

SILVER Expiry: 04 Sep 2026

2,20,010.002292.001.05

COPPER Expiry: 31 Jul 2026

1,308.0011.700.90

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Fund houses tread cautiously on Sebi's life-cycle funds

Fund houses are holding back launches of Sebi's latest mutual fund category amid weak NFO sentiment, taxation and questions over investor appetite.

4 min read06:00 AM IST