Bharat Coking Coal’s IPO opened to strong investor demand, fully subscribed within half an hour. The issue is trading at a significant grey market premium, indicating positive listing expectations. With substantial coking coal reserves and a dominant market share, the company is poised for a robust debut, attracting interest from retail and high-net-worth investors alike.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.