OnEMI Technology Solutions raised ₹832.20 crore through a preferential share issue, allotting shares to 34 investors, including Axis Mutual Fund schemes, Citigroup and MIT. 

Moneyview shares rose about 4% after BofA initiated coverage with a Neutral rating and a ₹65 price target, implying roughly 18% upside from its reference price. The brokerage cited growth potential but said the stock’s 58% post-IPO rally has balanced its risk-reward.

At least six new vehicles launched this year are seeking to raise more than $1.25 billion for real estate and infrastructure assets, marking a resurgence after previously growing slowly.

The correction in crude prices has strengthened investor sentiment towards OMC stocks. HPCL, BPCL and IOC shares have gained between 10% and 13.5% so far in November, benefiting from expectations of lower crude procurement costs and improved marketing margins.

Jefferies expects largecap stocks to benefit if foreign portfolio investor flows into India recover, citing their liquidity and higher foreign ownership. It named 12 potential beneficiaries, including Reliance Industries, HDFC Bank, Axis Bank, Kotak Mahindra Bank and DLF, amid improving inflows.