India’s primary market is set for a busy week with the anticipated IPOs of NTPC Green Energy, Enviro Infra Engineers, and two other SME public issues. Additionally, six more SME IPOs are scheduled to launch this week, starting November 25.
After a Friday dip of over half a percent, the stock market rebounded strongly, with major players like Reliance, Infosys, ICICI Bank, and TCS driving gains. The Nifty 50 surged 2.39% to close at 23,907.25 points, up from the previous close of 23,349.90 points. Similarly, the BSE Sensex rose 2.54%, ending at 79,117.11 points compared to 77,155.79 points previously.
Despite pressures on Adani Group stocks following allegations by the US securities regulator, the third week of November was notably active in primary market activity.
Looking ahead, the final week of November will see six SME IPOs aiming to tap into public markets, signaling continued momentum for the market.
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