Marco Cables IPO: GMP, subscription status on day 3, other key details
Marco Cables & Conductors Ltd IPO opened on Sep 21 and will close today. IPO price band is set at ₹36 per equity share.
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Marco Cables & Conductors Ltd IPO opened on Sep 21 and will close today. IPO price band is set at ₹36 per equity share.
The Nifty50 has decisively broken its crucial support of around 19,850-19,900 levels and closed at 19,674 for the last week. The next critical support is likely to be 19,500-19,400 area
The real action will be seen in the SME segment as 12 IPOs worth Rs 431-crore are ready to be launched next week, with five of them opening on September 25.
Power sector firm Marco Cables which manufactures wire, cables and conductors, subscribed 1.33 times on its day one on public subscription , , ipo, nifty, sensex, investment, trading, stock market, power sector
Overall, the market sentiment is likely to remain positive in the coming week, too, with sector rotation in broader indices, but some consolidation can't be ruled out with focus majorly on FOMC meeting outcome, experts said