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The BSE IPO index reached an all-time high, surging 35% in five months. Its SME counterpart also jumped 55%, marking a strong performance for recent listings. These gains significantly outpaced the broader market indices like Sensex and Nifty. However, the rally was concentrated, with a few stocks driving most of the gains. Retail and HNI…
The Indian stock market anticipates a lower opening on September 8, influenced by mixed global cues. Nifty 50 and Sensex trends indicate selling pressure, with previous session closures below key levels. Analysts suggest cautious trading within specified ranges amid bearish patterns.
The Kanohar Electricals IPO will open on 8 September and close on 10 September. The price band is set at ₹601–632, with an estimated listing price of ₹828. It allocates 50% to QIBs, 15% to NIIs, and 35% to retail investors. Kanohar Electricals IPO GMP today is +196.
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