Bharat Coking Coal Ltd’s IPO has garnered strong grey market interest ahead of its Monday listing, indicating a potential 54% listing gain. One of the most oversubscribed PSU offerings in recent years, the company’s strategic position as India’s largest coking coal producer underscores investor confidence despite the brief delay.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward trend was fueled by a calmer Middle East situation,