Next week the primary market anticipates the IPO of Swiggy, along with four other offerings. Included are Acme Solar Holdings, Sagility India, and Niva Bupa Healthcare. Neelam Linens will debut in the SME segment. Swiggy aims to utilize IPO proceeds for investment in subsidiary Scootsy, technology, cloud infrastructure, and brand marketing.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and