The IPO market keeps its momentum this week, with ten issues set to open, including two from the mainboard segment. In addition, ten companies will make their stock market debut, following five listings last week.
In July, Consumer Price Index (CPI) inflation eased to 1.6%, while Wholesale Price Index (WPI) inflation fell further into the negative zone, reaching a two-year low of -0.6% in July. The sequential drop in CPI inflation was mainly due to a favourable base effect and a strong monsoon that kept food inflation in check.
The RBI said the inflation outlook for FY26 had become more benign than expected, supported by healthy autumn crop sowing and strong food grain buffer stocks. Nuvama expects food inflation to stay low, with core inflation kept in check. Meanwhile, Nomura sees inflation bottoming out now and hovering around 2% until November before rising again.
The IPO market will stay active this week, with ten issues worth over Rs 3,900 crore set to open, including five mainboard IPOs raising about Rs 3,685 crore. In addition, four companies will make their stock market debut, following nine listings last week.
The IPO market will stay active this week, though with fewer launches than in the past two weeks. Four public issues are set to open this week, including two from the mainboard segment. Meanwhile, six companies will debut on the market, following 18 listings last week.
The IPO market is upbeat despite the broader weakness. Twelve companies, including four mainboard firms, will launch their public offers this week, aiming to raise around Rs 9,200 crore. Another twelve companies are also set to list on the exchanges this week, after eleven made their debut in the previous week.
The IPO market this week is set to be the busiest in a long time. A total of 14 public issues are lined up, including five mainboard IPOs. Ten companies are also set to make their market debut, while three were listed last week.
Primary market activity is picking up again, with eleven IPOs set to open this week, including five mainboard IPOs, one of which is a real estate investment trust (REIT). Monika Alcobev is scheduled to list on the stock exchange next week, while five others made their debut last week.
In June, Consumer Price Index (CPI) inflation eased to 2.1%, while Wholesale Price Index (WPI) inflation fell to a 20-month low into the negative zone, at -0.1%. The sequential drop in CPI inflation was mainly driven by price drops in key food categories such as vegetables, pulses, meat & fish, cereals, sugar, milk, and spices.
ICICI Securities highlights that rural demand is outperforming urban demand. The brokerage expects overall consumption growth to remain robust, primarily because rural consumption, a larger component of the total consumption, is now recovering after being significantly impacted by the COVID-19 pandemic in recent years.
The IPO activity is expected to cool a bit this week. Only three IPOs are set to open, including the Rs 3,395-crore offer from pharma company Anthem Biosciences on the mainboard. The other two are from the SME segment. Meanwhile, three companies are lined up to list on the stock exchanges, following seven listings in the previous week.
The primary market will be busy next week as investors will see six new IPOs, including two from the mainboard segment. Alongside, four companies are scheduled to list on the stock exchanges this week, following 24 listings in the previous week.