Market Insights — 28 Aug 2026
TopFund Research
Published
IPO Performance and Trends
Today's IPO market is buzzing with activity, showcasing several promising offerings. Notably, the ESDS Software Solution IPO is currently open with an impressive grey market premium (GMP) of 75.76%, signaling strong investor interest. Other notable IPOs include Kwick Forensic Solutions and Lumino Industries, with GMPs of 71.11% and 68.29%, respectively, both also open for subscription.
Here's a summary of the current IPOs:
| Name | GMP (%) | Status |
|---|---|---|
| ESDS Software Solution | 75.76 | Open |
| Kwick Forensic Solutions | 71.11 | Open |
| Lumino Industries | 68.29 | Open |
| Paluck Technologies | 52.08 | Open |
| Ashutosh Fibre | 40.22 | Upcoming |
Market Updates on Gold and Silver
The gold market shows a slight decline, with 24K gold priced at ₹16,297 per gram, down by ₹1. Silver also experienced a minor drop, currently valued at ₹220.55 per gram.
FII and DII Flows
In terms of institutional flows, Foreign Institutional Investors (FIIs) reported a net outflow of ₹298.26 crore, while Domestic Institutional Investors (DIIs) saw a significant net inflow of ₹4,977.17 crore. This highlights a strong support from domestic investors amidst global uncertainties.
Top Performing Mutual Funds
Investors looking for solid returns may consider the following top mutual funds, all rated with 5 stars:
| Name | 1-Year Return (%) | Stars |
|---|---|---|
| Aditya Birla Sun Life Silver ETF FOF-Direct IDCW | 111.3 | 5 |
| Aditya Birla Sun Life Silver ETF FOF-Direct Growth | 111.3 | 5 |
| Kotak Silver ETF Fund of Fund - Regular Plan - Growth Option | 109.48 | 5 |
Recent News Highlights
- Rupee opens 3 paise higher at 95.51 against US dollar.
- Small caps, thematic funds, global risks: Insights from Groww AMC’s Anupam Tiwari.
- ESDS Software Solution IPO Day 1 LIVE: GMP hints at a 76% listing pop.
- Chandan Taparia of Motilal Oswal recommends three stocks to buy today.
- Ajit Mishra of Religare Broking suggests strategies for three shares.
Disclaimer: Please note that GMP figures are unofficial and indicative. This article is not investment advice. For live data and updates, visit topfund.in.
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