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Angel One's Rajesh Bhosale suggests the market may remain pressured unless it surpasses 25,000, with 24,600 as a crucial support level. While FMCG and pharma sectors offer some support, heavyweights lag.
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Monarch Surveyors and Engineering shares debuted strongly. The listing occurred on the BSE SME platform with a significant premium. The IPO witnessed substantial oversubscription across all investor categories. The company provides civil engineering consultancy services. It serves clients in roads, railways, and other sectors. The company reported revenue and profit growth.
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The Initial Public Offering of Aditya Infotech opened on July 29. The IPO aims to raise Rs 1,300 crore. The company fixed the price band at Rs 640675 per share. The IPO will remain open until July 31. The company is a technology solutions provider. It specializes in security surveillance and enterprise communication systems.
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News and Media
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