Market Insights — 02 Sep 2026

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TopFund Research

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IPO Trends and GMP Insights

Today's IPO market is buzzing with activity, showcasing strong investor interest. Notably, Shanti Inorganics is currently open and boasts a robust GMP of 43.37%, indicating substantial potential for returns. Similarly, Deepa Jewellers has also launched with a GMP of 24.86%.

Upcoming listings include Qualiance International with a GMP of 39.37% and Veegaland Developers at 12.86%, generating anticipation in the market.

IPO NameGMP (%)Status
Shanti Inorganics43.37Open
Qualiance International39.37Upcoming
Deepa Jewellers24.86Open
Rays of Belief15.90Open
Veegaland Developers12.86Upcoming

Market Performance

In the listed stocks segment, Sumax Engineering has surged with a gain of 21.78%, while Annu Projects has seen a decline of -7.07%.

Commodity Market Update

Gold and silver prices have seen a downturn, with gold priced at ₹15,408 per 10 grams, reflecting a drop of ₹285. Silver is currently trading at ₹202.40 per gram, impacted by rising oil prices and bond yields.

FII and DII Flows

Foreign Institutional Investors (FIIs) have recorded a net inflow of ₹1,143.38 crores, while Domestic Institutional Investors (DIIs) have invested a net amount of ₹1,846.94 crores, indicating strong domestic buying interest.

Top Mutual Funds

Investors looking for strong returns may consider the following top-performing mutual funds:

Fund Name1-Year Return (%)Rating
Aditya Birla Sun Life Silver ETF FOF-Direct IDCW111.35 Stars
Aditya Birla Sun Life Silver ETF FOF-Direct Growth111.35 Stars
Kotak Silver ETF Fund of Fund - Regular Plan - Growth Option109.485 Stars

Recent News Highlights

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  • Gold and silver prices crash over 1% on MCX amid higher oil prices, rising bond yields; key levels to watch.
  • Lumino Industries IPO listing tomorrow: Here’s what GMP hints ahead of debut.
  • India’s 7.8% growth, data centres to support push towards $30 trillion economy.

Disclaimer: The GMP figures are unofficial and indicative. This is not investment advice. For live data, visit topfund.in.

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