Sebi has exempted six Muthoot promoter family trusts from making an open offer tied to the proposed indirect acquisition of shares in Muthoot Microfin, allowing an internal restructuring to proceed. After the transactions, the trusts are set to collectively hold a 63.35 per cent stake and control in Muthoot Fincorp, which owns 50.21 per cent of Muthoot Microfin. The relief is linked to Muthoot Fincorp’s IPO plan approved by its board on May 16 and the need to meet minimum promoters’ contribution norms, according to Sebi’s order.

After two consecutive quarters of net selling, Foreign Institutional Investors (FIIs) turned net buyers, helping drive sharp gains in several small- and mid-cap stocks. Cupid and Sigma Advanced Systems led the moves, with shares up 664% and 450% over one year as FII ownership increased over the same period. In total, 38 stocks posted one-year returns above 25%, though the report does not cite broader market moves or fundamental drivers such as policy, earnings or sector trends.

Global investors are rebuilding positions in South Korean equities after July’s turbulence, with foreigners logging a record net purchase of 7.2 trillion won (around $5 billion) in a single session. Leveraged ETF assets tied to Samsung Electronics and SK Hynix shrank from nearly $50 billion in late June to about $17 billion, after volatility intensified. J.P. Morgan estimates hedge funds have completed around 90% of their deleveraging. The renewed inflows have supported South Korea’s main stock indexes and heavyweight technology shares.

South Korea’s Kospi tumbled more than 5% on Monday after posting a record 18% gain in the previous session, ending at 6,257. The slide was driven by roughly 8% declines in Samsung Electronics and SK Hynix, which together account for more than half of the index, alongside selling pressure amplified by leveraged ETF-related volatility. The benchmark is still up 45% in 2026 so far, but it has fallen more than 33% from its June peak of 9,386.

Anawil Wire & Engineering opened its IPO on August 3, 2024, and the issue was subscribed 70% on the first day, with bids for about 47.10 lakh shares. In the grey market, the IPO is quoting at a GMP of Rs 80, or nearly 30% above the upper price band of Rs 270, pointing to expectations of a strong debut. The Rs 177.81 crore offering includes a fresh issue and an offer for sale, with applications in lots of 400 shares.

Muthoot Finance, India’s largest gold-loan lender, reported FY2025 Q1 results showing standalone AUM up 43% year on year and 6% quarter on quarter, but with growth moderating after a strong run. The company said it has cut pricing to defend market share and expects loan yields to settle around 18–18.5%. Brokerages project FY27 gold-loan growth of 22% but only 4–5% net profit growth, pointing to pressure on sector profitability. The development highlights how demand for credit backed by gold, pricing power and turnover efficiency are shaping lenders’ performance.

Thangamayil Jewellery shares have fallen 32% over the past week, including a further 5% drop in a single session. The company said sales showed no visible improvement during the first 28 days of Q2 FY27, citing India’s gold import duty hike from 6% to 15% effective May 13, 2026, alongside a sharp rupee depreciation that raised costs and weighed on demand. Same-store sales growth slowed to 44.4% from 72.3% in the previous quarter. The stock is the largest holding in Equirus Long Horizon Fund at over 22% and Clockvine Growth Fund at 12.4%.

HFCL said it has secured an international order worth about Rs 522.73 crore, lifting its shares 5% to Rs 203. The company posted Q1 revenue of Rs 1,915 crore, up 120% year on year, and raised its FY27 revenue growth estimate to 40%. Foreign institutional investors increased their holding from 7.1% to 15.7% over three months. The order win provides a direct earnings catalyst for HFCL’s stock as a company-specific, fundamentals-driven trigger.

Bajaj Finserv reported Q1 FY27 net profit of Rs 3,132 crore, up 12% year on year, while revenue from operations rose 19% to Rs 42,037 crore. Following the results, the stock jumped more than 6% in a single session. Several brokerages upgraded the stock to Buy and raised their target prices.