Ganga Bath Fittings is set to list on the NSE SME platform after its IPO aimed to raise Rs 32.65 crore. However, the grey market premium indicates a discounted debut, with expectations of opening below the IPO price. The company, a manufacturer of bathroom accessories, plans to use IPO proceeds for capital expenditure and working capital.
Wall Street Week Ahead: Investors look for Fed rate clues, earnings signs as tech wobbles
Investors are keenly watching for clues on potential interest rate hikes and early earnings reports this week. Following a strong second quarter, the market’s tech-driven