Decision likely at board meeting scheduled on December 18
As the markets prepare to open, the mood is upbeat. At 6:34 AM, the GIFT Nifty futures are trading 28 points higher at 24,762 levels, hinting at a positive start
Emerald Tyres shares were quoted at Rs 180, reflecting a grey market premium (GMP) of Rs 85, or 89.47 per cent, against the upper end of the IPO price band of Rs 95, which is also the issue price
IPO Calendar: Indian primary markets are set to remain buzzing with several public offerings next week. Here are the full details of the upcoming IPO activities scheduled for the week
Dhanlaxmi Crop Science shares were trading at Rs 92 apiece, reflecting a grey market premium (GMP) of Rs 37 or 67.27 per cent per share against the upper end of the IPO price band of Rs 55
In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent
At 6:35 AM, GIFT Nifty futures were trading 50 points higher at 24,753 levels, hinting at an upbeat start
Once the allotment is finalised, investors can check the status on the official websites of the BSE or Skyline Financial Services, the registrar for the issue
In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent
In few minutes of listing , around 10:06 AM, the stock slipped 2.32 per cent or Rs 1.9 at Rs 80 per share
Apex Ecotech IPO listing: After listing, the stock gained an additional 4.97 per cent, surging 99.45 per cent from the issue price to reach the upper circuit of Rs 145.60 apiece on the NSE SME
Pre-market update: The strength in the Sensex, Nifty 3-day rally is likely to be tested on Wednesday amid tepid cues and as focus shifts towards the RBI policy.
The company's stock listed at Rs 429.40 apiece, representing a 90 per cent premium over the IPO allotment price of Rs 226
With limited domestic triggers, investors are expected to focus on stock-specific actions and developments in the primary markets
The preceding week ended on a positive note for equity benchmarks. On Friday, the BSE Sensex surged 0.96 per cent to close at 79,802.79, while Nifty also gained 0.91 per cent to settle at 24,131.10
Thursday's session proved challenging for domestic markets, with benchmarks plunging sharply on the monthly F&O expiry. Sensex crashed 1,190 pts to 79,043.74, while Nifty slid 360.75 pts to 23,914.15
The Sensex closed at 80,234.08, gaining 230.02 points or 0.29 per cent, while the Nifty50 ended at 24,274.90, up 80.40 points or 0.33 per cent, on November 27
At 6:40 AM, GIFT Nifty futures were trading 11 points higher at 24,228, suggesting a flat to positive start for the Indian bourses
At 6:55 AM, GIFT Nifty futures were down 13.5 points, trading at 24,260, indicating a flat to negative start for the markets
Indian primary markets are set to remain buzzing with several public offerings next week. Here are the full details of the upcoming IPO activities scheduled for the week