Showing posts with label IPO News. Show all posts
Showing posts with label IPO News. Show all posts

Friday, June 5, 2026

RBI Policy June 2026: Repo Rate Unchanged at 5.25%, No EMI Relief for Borrowers

 

RBI Keeps Repo Rate Unchanged at 5.25%, Signals Cautious Approach Amid Global Uncertainty


 

New Delhi, June 5: The Reserve Bank of India (RBI) on Friday left the benchmark repo rate unchanged at 5.25%, maintaining its neutral policy stance as policymakers weighed inflation risks, a weakening rupee, and rising geopolitical tensions in West Asia.

The decision was announced by RBI Governor Sanjay Malhotra following the three-day meeting of the Monetary Policy Committee (MPC). The committee unanimously voted to keep rates on hold for the second consecutive policy review.

The central bank's decision comes at a time when global crude oil prices remain elevated and uncertainty surrounding the conflict in West Asia continues to impact financial markets. RBI officials indicated that these factors could create fresh inflationary pressures in the coming months.

While keeping interest rates unchanged, the RBI revised its inflation outlook upward and lowered its economic growth forecast, reflecting concerns about external risks and domestic challenges. The central bank now expects inflation to average around 5.1%, while GDP growth is projected at 6.6% for the current financial year.

For borrowers, the policy decision means there will be no immediate relief on home loan, auto loan, or personal loan EMIs. Lending rates linked to the repo rate are expected to remain largely unchanged for now.

The RBI also announced measures aimed at supporting the rupee and attracting foreign capital inflows. These steps are intended to strengthen currency stability amid global market volatility and rising oil prices.

Following the announcement, Indian equity markets remained positive, with investors viewing the policy stance as supportive of economic stability. Banking and financial stocks were among the sectors that reacted positively to the decision.

Market experts believe the RBI is adopting a wait-and-watch approach, balancing the need to control inflation while supporting economic growth. Future policy decisions are likely to depend on inflation trends, crude oil prices, monsoon performance, and global economic developments.

Key Highlights of RBI Policy

  • Repo Rate: 5.25% (unchanged)

  • Policy Stance: Neutral

  • Inflation Forecast: Raised to 5.1%

  • GDP Growth Forecast: Reduced to 6.6%

  • No immediate EMI relief for borrowers

  • Additional measures announced to support the rupee

The next RBI Monetary Policy Committee meeting will be closely watched for signals on whether the central bank may consider a policy shift later this year.

Thursday, June 4, 2026

CMR Green Technologies IPO GMP Today Rises to ₹70; Strong Listing Premium Expected

 

CMR Green Technologies IPO GMP Today: Grey Market Premium Jumps, Listing Gains in Focus


 

The IPO of CMR Green Technologies has become one of the most talked-about public issues this week, with strong investor interest and a healthy grey market premium (GMP) boosting sentiment ahead of the share allotment.

According to market sources, the company's shares are currently commanding a GMP of around ₹70 in the unofficial market. Based on the upper price band of ₹192 per share, this indicates a potential listing price near ₹262, translating into an estimated premium of about 36-37%.

The ₹630.88 crore IPO opened for subscription on June 3 and closed on June 5. The issue received a positive response from investors across categories, reflecting confidence in the company's position within India's growing metal recycling industry.

CMR Green Technologies is a leading player in the non-ferrous metal recycling sector. The company primarily manufactures recycled aluminium products that are widely used by automotive and industrial customers. As demand for sustainable manufacturing and recycled materials continues to rise, many investors see the company as a beneficiary of this long-term trend.

Another factor supporting investor confidence is the strong participation from anchor investors before the IPO opened. Several institutional investors participated in the anchor round, helping the company raise nearly ₹188 crore.

Market experts, however, caution investors against relying solely on GMP while evaluating an IPO. Grey market premiums are unofficial and can change rapidly depending on market conditions. While a strong GMP often indicates positive sentiment, actual listing performance may differ.

Investors are now closely watching the allotment process and expected listing on the stock exchanges. If current grey market trends continue, CMR Green Technologies could witness a strong debut, although broader market conditions will also play a crucial role on listing day.

With robust subscription demand, healthy institutional participation, and a strong GMP, CMR Green Technologies remains one of the most closely watched IPOs of June 2026.