The primary market anticipates a quiet week with no mainboard public offerings. Investor focus will shift to SME platforms, featuring five IPOs. Shadowfax Technologies is set for its mainboard listing. SME IPOs from Accretion Nutraveda, Msafe Equipments, Kanishk Aluminium India, and CKK Retail Mart will open. Listing performance is expected to vary.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past