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Indo SMCs Rs 91.95 crore SME IPO, backed by Ashish Kacholia, opens January 13. The issue has a strong grey market premium and healthy order book, with proceeds aimed at plant expansion, working capital, and corporate purposes.
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News and Media
Nifty breached key support levels near 25,980 and 25,878, signalling a shift from bullish to bearish sentiment. Traders are advised to use a Bear Put Spread strategy to capitalise on the downward bias, with resistance at 26,10026,200 and support at 25,75025,700.
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News and Media
Bharat Coking Coal's IPO opened to strong investor demand, fully subscribed within half an hour. The issue is trading at a significant grey market premium, indicating positive listing expectations. With substantial coking coal reserves and a dominant market share, the company is poised for a robust debut, attracting interest from retail and high-net-worth investors alike.
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News and Media
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