The market is anticipating the initial public offer (IPO) of Hyundai Motor India, which announced its price band today. The subscription period will open on October 15 and close on October 17. Following the price band announcement, the company’s grey market premium (GMP) remains steady at Rs 147.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended last week lower amid range-bound trading, with broader markets also under pressure. Analysts identified four key factors that could drive Dalal