The Indian market is expected to trade higher on Friday, but may face selling pressure at elevated levels due to mixed global cues. Nifty futures closed lower on Thursday, and India VIX rose by nearly 4%. Options data suggests a broader trading range between 23,500 and 24,500, with immediate levels between 23,700 and 24,200.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.