Investors can look forward to an active primary market with six mainboard and two SME IPOs on the horizon. Zetwork Manufacturing is expected to head the list, seeking an impressive Rs 5,000 crore, followed by Bonfiglioli Transmission aiming for Rs 2,500 crore and Tonbo Imaging India with a target of Rs 1,500 crore. Supporting this momentum are HD Fire Protect, Fusion CX, and Medical Technologies.
Dollar stays near 18-month high as Mideast conflict, inflation data in focus
The dollar’s steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor confidence. Fluctuations in oil prices continue