The stock market is abuzz with activity today as investors eagerly track the latest market updates. The Bansal Wire Industries IPO is set to list today, with experts predicting a strong premium of 30% on the share listing price. The IPO, valued at ₹745 crore, has received overwhelming response from investors, with expectations of a listing above ₹315 and a gain of 42-65%.
In other news, stock market experts Sumeet Bagadia and Ganesh Dongre have recommended five stocks to buy or sell today, including Tega, Welcorp, Indigo, ATGL, and Navinfluor. Meanwhile, Singapore stocks are on track for a six-year high as investor optimism grows ahead of earnings season.
The Emcure Pharmaceuticals IPO is also expected to have a healthy listing gain of 25-30%, with an offering price between ₹1,370-1,390 per share and a listing premium of 37%. The Indian stock market is expected to have a muted start today, with the Gift Nifty trading flat at around 24,480 level.
Overall, the market is abuzz with activity and investors are keeping a close eye on the latest developments. Stay tuned to Mint’s market blog for real-time updates on all things Dalal Street and global markets.
