Mamata Machinery’s shares debut with a strong grey market premium of Rs 260, indicating potential multibagger gains. Despite market volatility, the IPO saw a massive 194 times subscription. Analysts suggest booking profits for conservative investors post-listing, while long-term holders should stay invested. Mamata’s automation solutions and global reach bolster its growth prospects.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader