India’s primary market is set for another busy week with five IPOs opening for subscription, including four mainboard issues and one SME listing. However, grey market signals suggest that investor enthusiasm remains muted, with most upcoming offerings showing little to no grey market premium (GMP) so far. The cautious sentiment comes after a weak run for recent IPO listings and broader volatility in equity markets.
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a
May 1, 2026