Market Insights — 10 Jul 2026

IPO Market Overview

The IPO market continues to show robust activity, with several new offerings attracting investor interest. Notably, Devson Catalyst is currently open with a strong grey market premium (GMP) of 38.14%, indicating positive sentiment. Similarly, Kusumgar has been allotted shares and boasts a GMP of 37.95%.

Other open IPOs include Laser Power & Infra and Happy Steels, with GMPs of 12.62% and 12.12%, respectively. This indicates a generally optimistic outlook among investors for these offerings.

Current Gold and Silver Rates

As of today, the price of 24K gold stands at ₹14,482, reflecting an increase of ₹38. Meanwhile, silver is priced at ₹190.39. These rates may influence investor sentiment towards precious metals amid ongoing market volatility.

Recent Market News

• If you invested like Trump, you'd be ahead of the S&P 500 — here's what the US President is betting on.
• Edelweiss MF stops fresh inflow in 7 overseas schemes.
• MF equity inflows jump 26% even as equity remains volatile.
• SP Group raises $650 million through 3-year bond at 14.5%.
• Greaves Cotton to invest up to ₹331 cr in Greaves Electric mobility.

Disclaimer: The GMP figures are unofficial and indicative; this briefing does not constitute investment advice. For live data, visit topfund.in.