Stock market today: Due to peace after ceasefire in West Asia, the market has gained momentum for the fourth consecutive day on the last business day of the week. The hope of cutting rates from the US Federal Reserve and the softening of crude oil has also strengthened the market. After this, a 30 -digit Sensex was trading up 140 points on BSE at around 9.15 am. While the Nifty-50 on NSE is also open at 25.574.35 by jumping 25.35 points.

Global market boom

The Asia Pacific market also looked strong on Friday. The positive message of the White House jumped 1.22 percent from the positive message of the White House amid a soft trend on the deadline of the tariff, while the topics index saw a rise of 1.1 percent. Along with Kopy of South Korea, Australia’s ASX 200 has also recorded a jump of 0.4 percent.

If we talk about the US market, the market was seen in the market on Thursday and while the S&P 500 rose 0.8 percent, the Nasdaq Composite increased by 0.97 percent and Dow Jones increased by 404.41 points.

Sensex up 1000 points a day before

Last Thursday, there was a tremendous rise in the market due to the reduction of Bhurajnical Tension, while the Sensex climbed 1000 points on one side, the Nifty also rose 304 points. Market experts believe that the sentiments of investors have strengthened due to peace in West Asia and positive trends at the domestic level. Ajit Mishra, Vice Chief Research of Railways Broking Limited, says that the markets climbed more than 1% on the day of disposal of monthly futures contracts. From the beginning of the session, with positive business, better global signs were instrumental. The purchases in Chuninda big companies strengthened.

Hbd financial ipo: The IPO of HDB Financial Services is likely to be launched by the end of June. This IPO worth Rs 12,500 crore has got the green signal from the market regulator SEBI. Although there is no strong information about the launch date of the IPO so far, but sources say that it will be launched around June 25-30. It is being told that it will be one of the largest IPOs in the NBFC sector.

Gray market boom

Here, the price of unlisted shares of HDB Financial Services has already increased from Rs 950 per share to Rs 1,250 per share before the announcement of the IPO’s launch date. In the gray market, the company’s shares are already trading at a premium of Rs 93. It is also being told that HDB Financial Services has submitted its red hering prospects. However, this has not been confirmed.

10,000 crore rupees ofs

This IPO of HDB Financial Services includes fresh issue of Rs 2,500 crore and an offer for sale (OFS) of Rs 10,000 crore by HDFC Bank Limited, which has a 94.3 percent stake. In October 2024, the firm filed its draft Red Herring Prospectus (DRHP) for the IPO. Its total market capitalization is in a range of Rs 91,500-95,500 crore. The IPO consists of 79.58 crore equity shares. However, according to media reports, the company can launch its IPO at a valuation of Rs 62,000-65,000 crore.

What does the company do?

HDB Financial Services is a non-banking financial company, which was laid in 2007. It provides personal loan, business loan to its customers. It is the subsidiary company of HDFC Bank. The Reserve Bank of India (RBI) has classified it as NBFC-Upper Layer (NBFC-Hul).

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This company’s share ran at speed of bullet train, an order of Rs 4100 crore received from National High Speed ​​Rail Corporation