Equity markets experienced a sharp reversal this week, erasing early gains and sparking debate about deeper weakness. Despite the choppiness, market experts remain constructive, citing strong earnings trends and sectoral tailwinds. Rahul Shah highlights robust profit growth and positive outlooks for BFSI, metals, consumption, autos, and cement, recommending selective investment in largecap stocks.
IC Electricals shares list at 68% premium over IPO price on NSE SME platform
IC Electricals shares debuted on the D-Street with a 68% premium. The stock opened at Rs 166, significantly exceeding its IPO price of Rs 99.