Fund managers and analysts who spoke to ET over the weekend expect the Sensex and Nifty to decline 5-10% by October, depending on the extent of the bounce in the dollar and US 10-year yields-both considered key signals for foreign money flows.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.