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.
Global shares rise with dollar, US bond yields turn higher
Global equities rose, U.S. Treasury yields turned higher, and the dollar strengthened as positive economic data and strong earnings boosted investor confidence. Manufacturing output and