Following a surge in IPO activity after the general election in June, the primary market will experience a pause next week with no new issues in the mainboard segment. However, there is one SME IPO from Sahaj Solar scheduled to open on July 11. Despite a brief pause, analysts believe that India’s strong economic foundation …
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, …
The primary market is now all set to be back in action after muted week due to Lok Sabha elections. The coming week will witness opening of nine new initial public issues (IPOs) and one new listing. Last week, Ixigo IPO, which raised over ₹740.10 crore at the upper price band, received healthy response from …
Upcoming IPOs in June 2024: The primary market is still active in the midst of the general elections, as seen by the warm response that several initial public offerings (IPOs) received in the preceding weeks and so far this year. Despite the general uncertainty in the market, the momentum will persist the next week. The …
As the high-stakes’ Lok Sabha election results approaches closer, the volatility in the stock market is weighing on investor’s sentiments, both domestically and across borders. Foreign outflow from Indian equities continues unabated amid the rising India VIX index and uncertainty of the election outcome. In the fourth week of May, investors will keenly eye the …
In addition to the new issues, D-Street will witness up to eight listings, including Go Digit General Insurance, which recently opened for subscription and garnered substantial investor enthusiasm, indicating a broadly positive market sentiment. Also read: OYO IPO: Hospitality technology firm withdraws draft papers, to refile after refinancing: Report Next week, Awfis Space Solutions, a …
The domestic equity benchmarks snapped four-week rally and recorded the worst week since October 2023 with Nifty and Sensex declining 2.09 per cent and 1.99 per cent dragged by broader indices. The move was subdued in the following sessions, tracking mixed cues. Indices rebounded in the final sessions from its intraday lows. The Nifty 50 …
The primary market is all set to remain in action next week amid favorable momentum observed in the secondary market, where the Nifty 50 achieved a record high last week. Around six new initial public offerings (IPO), including three in mainboard and three small and medium enterprise (SME), are set to hit Dalal Street in …
Domestic equity benchmarks BSE Sensex and Nifty 50 logged weekly losses but ended the week higher supported by banks. On the sectoral front, indices gave a mixed performance with PSU bank rising the most becoming the top performer and the FMCG sector declined the most. Markets traded lackluster in a range and settled with a …
Amid the buoyant atmosphere at Dalal Street, where benchmark indices, broader markets, and various sectors continually reach new milestones, the primary market is exhibiting increased vitality. This presents numerous investment prospects for investors, as a total of 12 companies are set to launch their initial public offerings (IPOs) next week, accompanied by eight scheduled new …