IPO activity is robust this week, with four new issues opening and two companies set to list, following the successful listing of two companies last week.
The primary market remains active despite volatility, with two new issues open for subscription. Three companies are scheduled to debut on the exchanges, after one listing last week.
In March, CPI inflation rose 3.4%, from 3.2% last month. WPI inflation increased for the fourth straight month to 3.9%.
Morgan Stanley lowered its FY27 real GDP growth forecast for India by 30 basis points to 6.2% from 6.5%, citing the ongoing war in the Persian Gulf. It expects crude oil prices to average $95 per barrel, with gas availability an additional constraint.
Higher energy costs and limited industrial supply have already increased cost and input pressures, prompting selective production cuts and adding to imported inflation amid a weaker rupee.
Despite the market volatility, the primary market remains active, with three issues opening for subscription. One company is set to list on the exchanges, coming after three listings last week.
Primary market activity remains steady this week despite volatility, with four new issues opening for subscription. One company is scheduled to list on the exchanges, following five listings last week.
Despite all the volatility, primary market momentum continues this week, as four new offerings open for subscription. Five companies are also set to be listed on the exchanges, following the debut of five firms last week.
In February, CPI inflation rose 3.2%, from 2.8% last month. WPI inflation increased for the third straight month to 2.1%.
Nomura has slightly lowered its FY27 GDP growth forecast for India to 7%, citing the ongoing conflict in West Asia as a key risk factor. The brokerage noted that prolonged tensions in the region could challenge the current “goldilocks” environment of strong economic growth combined with stable inflation. Despite this, Nomura still expects India’s cyclical economic recovery to continue, supported by earlier policy easing, structural reforms, rising wage growth, and easing trade tensions with the US.
It's another packed week for the IPO market. Five companies are launching new issues, while four others are scheduled to list on the exchanges, following nine listings last week.
Primary market activity remains strong this week, with nine new issues opening for subscription. Four companies are scheduled to list on the exchanges, after one debuted last week.
In January, CPI inflation rose 2.8%. Wholesale WPI inflation increased for the second straight month to 1.8%, from 0.8% last month.
The Ministry of Statistics released the Consumer Price Index (CPI) with the base year updated from 2012 to 2024 to better reflect current household consumption and price patterns, and the evolving Indian economy.
IPO activity remains steady, with seven new issues, all from SMEs, opening this week. Five companies are also scheduled to list, following seven listings last week.
Activity in the IPO market continues, with five new issues, including a mainboard IPO, opening this week. Seven companies are set to hit the stock market, following five listings last week.
In December, CPI inflation rose 1.3%. Wholesale WPI inflation increased to 0.83%, reversing the 0.32% November contraction, driven by higher prices of vegetables, eggs, meat and fish, spices, and minerals.
Goldman Sachs expects India’s GDP growth to moderate to 6.8% in FY27, with higher inflation limiting the Reserve Bank’s scope for rate cuts. Private investment remains weak, while the rupee’s depreciation looks behind us.