Next week, the primary market will see two new IPOs, including Dr Agarwal’s Health Care and SME segment’s Malpani Pipes And Fittings. Dr Agarwal’s aims to raise up to Rs 3,027.26 crore, while Malpani Pipes targets nearly Rs 26 crore. Additionally, six listings, including Denta Water, which had a massive oversubscription, are expected.
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Indian market is expected to consolidate, mirroring mixed global signals, with Nifty futures closing negatively. Option data indicates a trading range between 24,600 and 25,600.