Tuesday will be one of the busiest days for India’s primary market.
A total of 10 IPOs will open on the same day across both mainboard and SME platforms.
According to an ET report, the grey market premium (GMP) is already showing which IPOs may attract the most demand:
Anand Rathi Share and Stock Brokers – GMP 6%
Seshaasai Tech – GMP 26%
Jaro – GMP 12%
Rooline Exim – GMP 3.5%
Solarworld Energy Solutions – GMP 19%
NSB BPO – GMP 0%
Matrix Solutions – GMP 10%
True Colors – GMP 24%
Aptus Pharma – GMP 10%
BharatRohan Airborne Innovations – GMP 0%
Muhurat Trading on October 21
The National Stock Exchange (NSE) has announced a special Muhurat trading session on October 21, to coincide with the Diwali festival.
Trading time: 1:45 PM to 2:45 PM
Last year, the Muhurat session was held from 6 PM to 7 PM.
Stock Market Update
On Monday, IT stocks fell after US President Donald Trump decided to raise H-1B visa fees, creating concerns for the sector.
Selling pressure in Reliance Industries also added to the market’s weakness.
BSE Sensex closed down 466.26 points at 82,159.97
Nifty fell 124.70 points to 25,202.35
