1. Market Overview On October 29, 2025, Adani Energy Solutions Ltd (AESL) witnessed a strong rally in trade, climbing nearly 7% intraday before settling around ₹967 per share. The surge came after several leading brokerage firms issued bullish reports on the stock, projecting notable upside potential based on its expanding presence in India’s transmission and smart-metering markets. Despite a recent dip in quarterly profit, the broader sentiment around the company remains positive, with investors betting on long-term structural growth in the power infrastructure sector. 2. What Triggered the Rally The primary reason behind the rally was a series of upgraded brokerage recommendations highlighting the company’s solid business fundamentals and upcoming project pipeline. Analysts noted: The combination of these factors triggered renewed buying interest from both retail and institutional investors. 3. Recent Financial Snapshot In its recent quarterly update for Q2 FY26, AESL reported: While the decline in profit raised some short-term concerns, analysts attributed it largely to non-recurring items and higher finance costs, not operational weakness. The revenue growth, combined with steady project execution, reinforced the company’s long-term potential. 4. Sector Tailwinds and Growth Outlook The Indian government’s ongoing emphasis on green energy corridors, grid modernization, and smart metering continues to provide a major tailwind for companies like Adani Energy Solutions. Key sector drivers include: AESL’s diversified presence in both transmission and distribution segments gives it a strong edge to capture a significant share of upcoming opportunities. 5. Technical Perspective From a technical standpoint, AESL’s chart structure indicates a renewed bullish breakout after weeks of consolidation. If the stock sustains above ₹985, analysts expect a potential move toward ₹1,080–₹1,120 levels in the near term. 6. Investor & Trader View For long-term investors, the outlook on Adani Energy Solutions remains constructive given: For short-term traders, volatility may persist due to profit-booking, but the overall trend remains positive as long as the stock holds above key support levels. 7. Key Risks to Watch While the momentum is strong, a few risks remain: Monitoring order inflows and balance-sheet stability will be critical to assess sustainability of current optimism. 8. Conclusion The nearly 7% surge in Adani Energy Solutions on October 29 highlights the market’s confidence in its long-term business fundamentals.Despite short-term earnings softness, the company continues to attract strong institutional interest, backed by positive broker outlooks and India’s growing energy infrastructure needs. For investors, the message is clear — Adani Energy Solutions remains one of the key players driving India’s power transmission and smart-meter revolution, making it a stock to watch in the evolving energy landscape.

Primary Market Regains Momentum After a short lull in the primary market, investor activity is set to pick up again with a fresh wave of public issues. Starting October 27, 2025, the week will witness five new IPOs across mainboard and SME segments, collectively expected to raise over ₹45,000 crore this month. This renewed activity follows strong investor participation earlier in October in issues like Tata Capital and LG Electronics, which together raised over ₹27,000 crore. Orkla India IPO: The Spice and Convenience Food Giant The most anticipated among the new entrants this week is Orkla India, the parent company behind popular food brands MTR Foods, Eastern Condiments, and Rasoi Magic. The Bengaluru-based company’s IPO will consist of 2.28 crore shares offered for sale by Orkla Asia Pacific, along with shareholders Navas Meeran and Feroz Meeran.Since it’s a complete OFS, all proceeds will go to the existing shareholders — not the company itself. This issue reflects Orkla’s effort to enhance liquidity and visibility in India’s fast-growing packaged food sector. Studds Accessories IPO: Riding on Helmet Market Growth The second major listing is Studds Accessories, one of India’s leading helmet and motorcycle accessories manufacturers. This IPO will allow promoters and existing investors to partially exit while bringing the company into the public market spotlight.Studds’ brand recognition and strong export footprint could attract retail and HNI investors seeking exposure to India’s two-wheeler growth story. Lenskart Solutions IPO: Vision for a Digital Future Eyewear major Lenskart Solutions Ltd is also hitting the market this week, with one of the most significant issues of the season. The IPO includes the sale of 12.75 crore shares by existing promoters and investors.Recently, billionaire investor Radhakishan Damani acquired a 0.13% pre-offer stake, further boosting market interest. Lenskart’s mix of digital-first strategy and physical retail expansion positions it among India’s most exciting consumer-tech plays in 2025. Jayesh Logistics IPO: SME Segment Spotlight From the SME segment, Jayesh Logistics Ltd will be the first to open for subscription this week. The company plans to use the IPO proceeds to: Jayesh Logistics, valued slightly above ₹100 crore, aims to strengthen its operational efficiency and digital infrastructure. Game Changers Texfab IPO: Textile Innovation from Delhi Another SME listing this week is Game Changers Texfab Ltd, a Delhi-based textile supplier catering to fashion designers, garment exporters, and retail chains. The company plans to utilize funds for capacity expansion, working capital needs, and other corporate purposes.Its focus on high-quality fabric solutions positions it well in India’s growing garment manufacturing sector. Cumulative Fundraising & Market Context October 2025 has turned out to be one of the most active IPO months of the year.So far, 10 IPOs have already hit the markets, including seven from the mainboard segment, raising nearly ₹35,791 crore. With these five new issues, the total fundraising is set to cross ₹45,000 crore this month — signaling strong investor appetite despite global volatility. Experts believe the mix of consumer-focused, manufacturing, and SME listings shows healthy market depth. Retail participation has also remained high in both large-cap and SME offerings. Finversify Outlook According to Dhwani Patel , Head of Research at Finversify, the recent IPO momentum reflects the revival of domestic investor confidence and a broader shift toward capital-market participation. “The diversity of upcoming IPOs — from food to logistics to consumer tech — signals balanced sectoral interest.But investors should focus on fundamentals and valuations, not just subscription buzz.” She also adds that while short-term listing gains may attract traders, long-term value lies in quality businesses with sustainable growth, like Lenskart and Orkla India. Quick Recap: IPOs Opening This Week Company Segment Dates Issue Size (₹ crore) Type Price Band (₹) Orkla India (MTR Foods) Mainboard Oct 29–31 1,667.5 Offer-for-Sale 695–730 Studds Accessories Mainboard Oct 30–Nov 3 — Offer-for-Sale TBD Lenskart Solutions Mainboard Oct 31–Nov 4 7,278 (approx.) Fresh + OFS 402 (expected) Jayesh Logistics SME Oct 27–29 28.63 Fresh Issue 116–122 Game Changers Texfab SME Oct 28–30 55 Fresh Issue 96–102 Final Thoughts The IPOs this week offer a diverse range of opportunities — from large-cap consumer brands to high-growth SMEs.Investors looking for short-term trading potential can track listing-day premiums, while long-term investors should assess financials, sector demand, and growth prospects before subscribing. With October’s total IPO fundraising likely exceeding ₹45,000 crore, the Indian primary market remains one of the most dynamic in Asia. For expert-backed IPO analysis, live market updates, and rule-based trading insights, visit Finversify — your trusted source for data-driven investment research. Disclosure & Disclaimer: dhwani patel (SEBI Registration No. INH200008608) is a SEBI registered research analyst. The views expressed are educational in nature and not investment recommendations. Trading in financial markets involves risk. Please conduct your own research before making any investment or trading decision.

Introduction Shares of Bharat Forge Ltd, one of India’s largest engineering and defence manufacturing companies, closed nearly 4% higher on 22 October 2025, following reports that the firm has emerged as the leading bidder for a major Indian Army order. The rally comes amid growing optimism around India’s defence manufacturing push, and traders are viewing this as a strong sign of Bharat Forge’s expanding presence beyond its traditional automotive business. At market close, the stock settled around ₹1,296 per share, up from ₹1,245 in the previous session, after touching an intraday high of approximately ₹1,311. What Triggered the Rally The stock’s sharp rise was fuelled by reports that Bharat Forge has been identified as the lowest (L1) bidder for a significant Indian Army procurement project — specifically for Close-Quarter Battle (CQB) carbines, a critical part of the Army’s modernization program. While the company clarified that no formal contract has yet been signed, it confirmed participation in the tender process and stated that contract discussions with the Ministry of Defence are in progress. This development positions Bharat Forge strategically in the defence weapons and systems manufacturing space, a sector seeing record allocations from the Indian government. Why the Market Reacted Positively Stock Performance Snapshot Parameter Details (22 Oct 2025) Closing Price ₹1,296 Intraday High ₹1,311 Intraday Low ₹1,245 Change (%) +4.1% 52-Week High / Low ₹1,385 / ₹810 Market Cap Approx. ₹60,000 crore Volume Surge Nearly 2× average daily volume The stock has gained over 35% in the past six months, supported by improved quarterly results and rising visibility in the defence segment. Expert Insights — Dhwani Patel According to Dhwani Shah Patel, Founder of Finversify, the surge in Bharat Forge’s share price highlights investor confidence in the company’s long-term transformation. “Bharat Forge’s expansion into defence is a major structural shift. Even if the contract is still in discussion, being the leading bidder in such a large procurement showcases strong technical and manufacturing credibility,” says Dhwani. She further notes that investors should avoid speculative buying purely on news flow, and instead focus on the company’s broader fundamentals and upcoming earnings. Short-Term vs Long-Term Outlook Short-Term View (1–2 weeks) The near-term momentum looks positive, but some profit-booking could occur after the sharp intraday rise. The ₹1,320–₹1,340 zone will act as key resistance, while ₹1,260 remains immediate support. Medium-Term View (3–6 months) If the Army contract is officially confirmed, analysts expect a re-rating of Bharat Forge’s defence division, potentially pushing the stock towards the ₹1,400–₹1,450 range. Long-Term View (12–18 months) With rising government defence spending, a strong export pipeline, and increasing diversification, Bharat Forge could become one of India’s top dual-sector (auto + defence) growth stories. Bharat Forge’s Defence Journey So Far This latest Army order buzz aligns perfectly with its long-term strategic vision to become a global defence manufacturing powerhouse from India. Risks & Considerations While investor sentiment is bullish, a few key factors need monitoring: Finversify Takeaway “Patience is key here,” adds Dhwani Patel. “Defence growth stories are slow but powerful — they build value quarter after quarter, not overnight.” Quick Summary Aspect Details Stock Name Bharat Forge Ltd Closing Price (22 Oct 2025) ₹1,296 Daily Change +4.1% Trigger Reports of major Indian Army order Status Company confirmed bid, contract not yet signed Outlook Positive with short-term volatility Finversify View Gradual accumulation for long-term portfolios Conclusion The 4% rise in Bharat Forge shares on 22 October 2025 signals growing confidence in India’s defence manufacturing transformation. Whether or not the final Army order is awarded soon, the company’s positioning as a key player in indigenous defence technology is already clear. As India accelerates its “Make in India” initiative for the armed forces, Bharat Forge could be among the biggest long-term beneficiaries — combining engineering excellence, government support, and global demand tailwinds. “From forging engines to forging national security — Bharat Forge’s next decade looks more strategic than ever,” concludes Dhwani Patel. Disclosure & Disclaimer: dhwani patel (SEBI Registration No. INH200008608) is a SEBI registered research analyst. The information provided is for educational purposes only and does not constitute investment or trading advice. Trading in financial markets carries risk. Readers should perform their own analysis.

Introduction After a dazzling Diwali rally, gold prices in India cooled down on 22 October 2025, mirroring weakness in international bullion markets. The fall came as traders booked profits following the festive demand surge and as the U.S. dollar strengthened against major currencies. According to Dhwani Shah Patel, Founder of Finversify, the current pullback is “a short-term correction, not a reversal of trend.” She believes gold remains well-supported by global macro factors such as inflation and central-bank buying. City-Wise Gold Rates in India (22 October 2025) City 22-Carat Gold (₹/10 g) 24-Carat Gold (₹/10 g) Mumbai ₹1,16,600 ₹1,27,200 Chennai ₹1,16,600 ₹1,27,200 Bangalore ₹1,16,600 ₹1,27,200 Hyderabad ₹1,16,600 ₹1,27,200 Kolkata ₹1,16,600 ₹1,27,200 Jaipur ₹1,16,750 ₹1,27,350 Ahmedabad ₹1,16,650 ₹1,27,250 Prices were largely uniform across metros, with only minor regional variation due to local taxes and making-charge differences. Why Did Gold Prices Fall After Diwali 2025? 1️⃣ Global Dollar Strength A firmer U.S. Dollar Index (>106) made bullion costlier for overseas buyers, prompting global ETF outflows and dragging spot gold below $2,360/oz. 2️⃣ Profit-Booking by Traders In the weeks leading up to Diwali, gold had risen nearly ₹2,000 per 10 grams. Post-festival, many investors locked profits, creating temporary downward pressure. 3️⃣ Rising Bond Yields U.S. Treasury yields inched up, reducing safe-haven appeal of gold and pressuring MCX futures. 4️⃣ Cooling Domestic Demand Jewellery sales peaked during Dhanteras and Diwali. With festive shopping complete, retail footfalls eased slightly, normalising demand. Global Context Gold prices in the international market extended their decline, mirroring profit-booking and renewed appetite for risk assets. According to Reuters, spot gold slipped 0.4% to $4,109.19 per ounce (as of 02:36 GMT) — marking its steepest fall since August 2020, after tumbling more than 5% in the previous session. Meanwhile, U.S. gold futures edged 0.4% higher to $4,124.10, suggesting mild recovery buying from traders.Spot silver also rose marginally to $48.82 per ounce. Analysts attribute the global sell-off to profit-booking after an extended rally in bullion prices and a shift in investor sentiment toward equities and other risk assets. Quick Summary Aspect Detail Date 22 October 2025 24K Rate Range ₹1,27,200 – ₹1,27,350 22K Rate Range ₹1,16,600 – ₹1,16,750 Trend Mild Correction / Consolidation Reason Dollar strength, profit-booking, lower festive demand Conclusion The gold rate today (22 October 2025) reflects a short-term correction after Diwali’s surge. Despite this dip, gold’s long-term fundamentals remain robust. “Short-term moves don’t define wealth creation — consistency does,” says Dhwani Shah Patel. “For disciplined investors, ₹1.27 lakh per 10 grams is not a peak — it’s a pause before the next rally.” Disclosure & Disclaimer: dhwani patel (SEBI Registration No. INH200008608) is a SEBI registered research analyst. The information shared here is purely educational and does not constitute investment advice. Trading and investing involve risk. Readers should conduct independent research.

Introduction In a fresh wave of high-conviction bets, a firm owned by veteran investor Vijay Kedia has acquired a 1% stake in Eimco Elecon, signaling strong belief in the company’s long-term prospects. Meanwhile, Lighthouse India exited by offloading 2.9% shares in a plastics company backed by renowned investor Ashish Kacholia. In this article, Dhwani Patel, a SEBI registered research analyst, walks through the implications of these moves — what they mean for markets, how they influence sentiment, and how traders using swing, index futures, or equity strategies might interpret them. Background & Transaction Highlights Vijay Kedia’s Acquisition in Eimco Elecon Lighthouse India’s Exit in Plastics Company Why These Moves Matter Institutional Signals & Sentiment Big names like Kedia and Kacholia move the markets in subtle ways. Their stake changes often leave footprints in trading volumes and investor psychology. Retail investors and traders watch carefully for confirmation. In recent times, such stake shifts have preceded re-rating phases or sector rotation. For traders following swing trading strategies India, these are signals worth watching. Impact on Stock Price & Momentum Broader Sector / Market Implications What Traders Should Watch Caution Points & Risks Thus, traders should avoid over-leveraging based solely on stake announcements. Perspective from Dhwani Patel As a SEBI registered research analyst, Dhwani advocates that such stake movements should be viewed as data points, not calls. She suggests this framework: Conclusion The dual moves — Vijay Kedia’s 1% stake in Eimco Elecon and Lighthouse India’s 2.9% offload in the plastics company — speak volumes about reallocation, conviction, and rotation. While such institutional signals can blink new opportunities, they must be interpreted with caution. Traders who tie these developments with solid frameworks — like index futures trading strategies in India, swing trading strategies India, and using reliable analysis sources — are better positioned to navigate the volatility.

Introduction Tata Capital, the non-banking finance arm of the Tata group, has created waves in the financial markets by securing ₹4,642 crore from 135 anchor investors ahead of its upcoming ₹15,500 crore IPO. This strong institutional backing greatly influences market expectations and speaks volumes about investor confidence in the business model. In this article, Dhwani Patel, founder of Finversify, unpacks the implications of this move for equity investors, swing traders, and derivative market participants. We’ll explore what this means for Tata Capital IPO, market sentiment, and strategic considerations going forward. What Happened: Key Details of the Anchor Book Anchor Subscription Statistics These details suggest that institutional demand snapped up a significant portion of the IPO early, which tends to set a positive tone for retail and QIB investors. Timing and IPO Mechanics Why Anchor Investors Matter — Insights from Dhwani Patel Anchor investors are often institutions with deeper research teams and far more resources than retail participants. When they commit large capital before the public round, it signals strong trust in: According to Dhwani Patel, anchor participation is a key sentiment barometer. She often cites anchor book strength as one of the first checks she performs when evaluating an IPO for clients. Market & Trading Implications Equity and Benchmark Reaction Large IPOs often ripple into index flows. For those following Nifty futures trading or index futures trading strategies in India, such events can affect liquidity, market breadth, and volatility. If buying pressure from retail and QIB segments spills into broader equities, financial sector indices might outperform initially, influencing derivative trades. Options Market Opportunity Traders might look to leverage nifty options trading strategies around the listing. Volatility in the lead-up can create opportunities for straddles or strangles. Also, Bank Nifty options trading strategies could react if Tata Capital’s performance or sector linkage moves banking/finance stocks. Swing Trading & Short-Term Plays For swing traders, the post-listing volatility window is often fertile ground. Indicators for swing trading, such as momentum oscillators or standard deviation bands, might help identify short-term trades. Dhwani Patel advises that post-IPO, liquidity squeezes are common—so setting tight stop-losses and not overleveraging is critical. She often cautions clients to avoid chasing hype in the first few trading sessions. Risks & Caution Points Dhwani Patel often stresses that savvy investors should approach IPOs as potential opportunities — but not core portfolio bets unless the business model and fundamentals are clearly strong. How This Relates to Your Broader Strategy & Keywords Let’s tie this back to our core strategies and keywords: Actionable Checklist for Investors (by Dhwani Patel) Conclusion The Tata Capital IPO has already made strong waves with anchor support of ₹4,642 crore, but the true test lies in listing, performance, and market reaction. Armed with institutional signals and market structure understanding, both retail and trading segment players can position themselves intelligently. Dhwani Patel and Finversify are here to guide you—not just on IPOs, but on the full spectrum: derivatives, equities, commodities. If you want more in-depth analysis or trading setups after listing, I can prepare a follow-up post or a downloadable note. Do you want me to draft that next?