JSW Cement debuted on the bourses at a 4% premium but quickly slid over 5% from its opening price, despite strong IPO demand and higher-than-expected grey market premiums. Analysts cite rich valuations and recent losses as near-term headwinds, though long-term prospects remain supported by capacity expansion and infrastructure growth.
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