Building on last week's momentum of six successful IPOs, the primary market remains highly active. This week is set to feature seven new issue openings alongside four market debuts.
The primary market's momentum continues after last week's three successful IPOs. This week brings six new SME issues opening for subscription and five exchange debuts.
Following three successful IPOs last week, activity in the primary market remains strong this week, with eight new SME issues opening for subscription and two companies scheduled to debut on the exchanges.
In April, CPI inflation rose 3.5%, from 3.4% last month. WPI inflation jumped 8.3%, driven by elevated fuel and power costs amid the US-Iran war.
Morgan Stanley raised its FY27 base-case GDP growth forecast for India to 6.7% from 6.2% projected in April 2026, despite global geopolitical risks. The brokerage said growth risks remained tilted to the downside from cyclical and external headwinds, but added that faster-than-expected normalisation in global commodity prices could support profitability, sentiment and a broader capex cycle in India.
Following the successful listing of three companies last week, the IPO momentum remains strong this week, with two new issues opening and three more set to debut on the exchanges.
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.