The Indian stock market is gearing up for a busy week with six new IPOs totaling over Rs 2,000 crore.
Amagi Media Labs, a cloud‑based ad‑tech and media‑technology firm, will open its Rs 1,789 crore IPO on Tuesday, Jan 13, and close on Friday, Jan 16. The price band is set at Rs 343‑361 per share, and the company will list on both the BSE and NSE.
Founded in 2008 and based in Bengaluru, Amagi serves more than 700 content brands and over 2,000 channel deployments worldwide. Funds from the IPO will mainly support technology upgrades, cloud infrastructure, and acquisitions.
The Bharat Coking Coal IPO, which opened earlier, was subscribed eight times on the first day. Both institutional and retail investors showed strong interest, and the grey‑market premium sits around 39% over the Rs 23 issue price.
Five SME‑segment IPOs will also debut this week:
While SME IPO activity remains robust, most investors are likely to focus on Amagi Media Labs because of its larger size and global reach. The subscription levels and early trading performance of these offerings will give clues about market risk appetite amid ongoing volatility.
Investors should evaluate each company’s business quality, valuation, and long‑term growth prospects before committing funds.
Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before investing.
Download the TradeKaizen app to practice F&O trading with real-time market data anytime, anywhere.
Get it on Google PlayConnect with fellow traders, share strategies, and improve your trading skills in our Telegram group.
Join TelegramHCL Technologies has announced a ₹12 per share interim dividend and shared its third‑quarter FY26 performance. Interim Dividend Details The board declared an interim dividend of ₹12 per equity share (₹2 each). The record date is set for 16 January 2026 and the payment will be made on 27 January 2026. This is the fourth interim dividend in the current fiscal year. In the last 12 months, HCL has paid a total of ₹60 per share, giving a dividend yield of about 3.6%. The previous interim dividend was also ₹12, with a record date of 17 October 2025. Quarterly Financial Highlights Consolidated net profit fell 11.14% year‑on‑year to ₹4,076 crore and 3.75% quarter‑on‑quarter. Revenue rose 13.32% YoY to ₹33,872 crore (about $3,793 million), up 4.1% QoQ. In constant‑currency terms, revenue grew 4.8% YoY and 4.2% QoQ. Long‑term attrition improved to 12.4% from 13.2% a year ago. New deal wins reached $3,006 million, a 43.5% YoY increase. CEO’s Comment on Growth C Vijayakumar said the quarter showed strong revenue momentum, pushing annualised revenue past $15 billion. He highlighted a 19.9% QoQ jump in Advanced AI services and a 28.1% QoQ rise in HCL Software revenue, positioning the company well for rising AI demand. What This Means for Investors The dividend provides a modest 3.6% yield, attractive for income‑focused shareholders. However, the profit dip signals pressure on margins, even as revenue and new bookings grow. Investors should watch how the company turns AI opportunities into higher earnings. Remember, this is perspective, not a prediction. Do your own research or consult a qualified advisor before making any investment decisions.
US stock markets slipped on Monday as President Donald Trump's push for a 10% credit‑card interest rate cap and his criticism of the Federal Reserve raised fresh concerns. Market Snapshot By 10 a.m. Eastern Time the major indices were slightly lower: S&P 500 down 0.1% to 6,944 points Dow Jones down 0.4% to 49,500 points Nasdaq almost unchanged, down 0.4% to 23,577 points Bond and Currency Moves The 10‑year Treasury yield rose to 4.19%, and the US dollar fell a bit against the euro and other currencies, reflecting worries about the Fed’s independence. Trump’s Pressure on the Fed Trump’s team threatened Fed Chair Jerome Powell with an indictment over a building renovation project, calling the move a "pretext" to force rate cuts. Powell’s term ends in May, and the administration is reportedly interviewing BlackRock’s Rick Rieder as a possible replacement. The Fed is expected to keep rates unchanged at its Jan 27‑28 meeting. Key Stock Movers Credit‑card and lender stocks fell after the proposed 10% cap: Citigroup –3%, JPMorgan –1.2%, American Express –4%. Consumer finance firms such as Synchrony, Bread, and Capital One dropped 6‑10%. Walmart rose 1.8% after being added to the Nasdaq‑100 index. UnitedHealth fell 2.2% over a report about aggressive Medicare Advantage claims. Precious Metals Rally Gold surged past $4,600 an ounce, reaching a record $4,620 before settling at $4,585. Silver hit a fresh high of $85.69 per ounce, up about 5%. Platinum and palladium also rose, with platinum at $2,315 and palladium at $1,851 per ounce. Oil Prices Dip Crude oil slipped as Iran said it had "total control" amid large anti‑government protests. Brent fell 0.44% to $63.06 a barrel. WTI fell 0.58% to $58.78 a barrel. What It Means for Investors Higher gold prices suggest a move toward safe‑haven assets amid political uncertainty. The credit‑card rate cap could pressure bank earnings, while oil’s dip may benefit consumers but hurt energy stocks. Disclaimer Remember, this is just an overview, not investment advice. Do your own research and consider your own risk tolerance before making any decisions.
Shares of major credit‑card issuers fell sharply on Monday after the President announced a plan to cap credit‑card interest rates at 10%. What the proposed cap means The plan would limit the interest rate that credit‑card companies can charge to 10% starting 20 January 2026. Most cards currently charge around 20%, so the cut could cut earnings, especially from borrowers with lower credit scores. Big moves in the market Capital One (COF): down about 8.2% to $228.70. Visa (V): down more than 3% to $337.32. American Express (AXP): fell over 5% to $355.51. Citigroup (C): down 3.8% to $116.67. Mastercard (MA): slipped 3.4% to $555.89. JPMorgan Chase (JPM): fell 2.4% to $321.23. Bank of America (BAC): down 2% to $54.76. Wells Fargo (WFC): down 2.1% to $93.89. Affirm (AFRM): dropped 8% to $75.25. US Bancorp (USB): down 2.9% to $53.56. Why investors care The lower rate limit could reduce profit margins for card issuers, which rely on higher interest rates from riskier borrowers. A drop in earnings often leads to lower stock prices, as we saw across the sector. What you might consider Review exposure to credit‑card issuers in your portfolio. Watch upcoming earnings reports for signs of profit pressure. Consider diversifying into sectors less affected by interest‑rate caps. Remember, this is just an overview, not a prediction. Do your own research and talk to a qualified adviser before making any decisions.