Several companies including Kalpataru Limited, Ellenbarrie Industrial Gases, HDB Financial Services, and Sambhv Steel Tubes are set to launch their IPOs this week. Analysts are suggesting investors consider Ellenbarrie and Sambhv for longer-term gains. HDB Financial is viewed as a long-term play, but its grey market premium has decreased. Experts advise caution on Kalpataru due to debt levels.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader