Indian stock markets experienced significant gains on Friday, with Sensex and Nifty rising over one percent. Strong first-quarter earnings from TCS boosted investor sentiment, leading IT stocks higher. Positive global market trends and a decline in market volatility also contributed to the rally. Despite escalating Iran-US tensions, markets largely ignored the geopolitical developments. Analysts anticipate continued economic resilience and positive sector-specific responses moving forward.
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.