Despite a successful initial public offering (IPO), the shares of Spectrum Talent Management had a dull listing on NSE Emerge platform, listing at a 12% discount compared to the issue price. The company's IPO worth INR 105 crore was subscribed 8.09 times, mainly driven by the good response from retail investors. Urban Enviro Waste Management, on the other hand, had a premium listing on NSE with its shares being listed at 41% above the issue price of INR 100. The company engaged in solid waste management saw its IPO subscribed 255 times.

Six stocks have displayed the Bullish Strong Line pattern, indicating a bullish reversal pattern within a downtrend. Shriram Finance, Tejas Networks, Affle (India), UCO Bank, Piramal Enterprises, and KPR Mill have all shown potential for a reversal despite negative 1-day returns. Investors should consider the company's fundamentals and conduct thorough research before making investment decisions. However, the Bullish Strong Line pattern cannot guarantee a reversal, and investors should consider their risk tolerance.

The Nifty Bank index closed 0.31 per cent down at 43724.85.

The Nifty IT index closed 0.74 per cent down at 28811.15.

​India’s tech unicorns are back on track and have been rallying for the past few weeks

Debt mutual fund schemes have outperformed equity mutual funds in recent months, benefiting from inflows totalling INR 1.5 lakh crore ($22bn) during April and May, compared to just over INR 7,200 crores across all equity mutual fund categories. Adil Shetty, the CEO of BankBazaar.com, suggested that equity underperformance strayed from a variety of reasons: investor liquidity needs, profit-taking as markets edge towards new highs, and higher bond yields making debt funds more attractive. Nonetheless, experts have cautioned against an investment exclusively in debt funds and urge rebalancing portfolios to reduce risk and boost wealth.

CLSA has downgraded IDFC First Bank from 'buy' to 'underperform', causing a 6% fall in the bank's shares. The brokerage firm also lowered the target price for the stock to Rs 85. Despite the downgrade, Elixir Equities' Dipan Mehta praised the bank's efforts in assembling retail deposits and having some of the best net interest margins in the sector. While IDFC First Bank's share price has more than doubled over the last year, valuations are being stretched at roughly 1.8 times 1-year forward PB.

One can definitely look inward and think that, okay, what all things I can do other than doing my mundane job or the things which I am doing currently and thereafter, people will start getting the answers to their question.