We expect the weakness in Nifty to persist, due to the lack of leadership from heavyweight sectors such as Bank Nifty and IT, alongside the prevailing weak market sentiment.
The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above
Reliance shares surged over 5% on Monday-the highest single-day gains since June 2024-to a market valuation of ₹18.5 lakh crore, from ₹17.6 lakh crore.
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