Ahead of the listing, the grey market is indicating a positive debut. The IPO is currently commanding a Grey Market Premium (GMP) of around Rs 16 per share, suggesting an estimated listing price of Rs 186, about 10% higher than the upper end of the IPO price band of Rs 170.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap