Groww IPO saw strong investor demand, subscribed 17.6 times. Allotment results are expected Monday. Shares will be credited Tuesday, with listing on Wednesday. The IPO was valued at Rs 6,632 crore. Grey market premium indicates a modest listing gain. Investors can check allotment status on the registrar’s or stock exchange websites. Groww’s performance will be watched closely.
Nifty’s 2 pillars now facing structural headwinds: Ravi Dharamshi’s warning on IT & consumption
His warning carries weight. ValueQuest has been quietly repositioning for months by moving capital away from consumption-oriented exposures and steering clear of IT services entirely,