The IPO is priced between Rs 195-206 per share, and at the upper end of that range, shares are already trading at a 27% premium in the grey market. If this momentum continues, investors can anticipate significant gains when the stock lists.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate