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Given the optimism at Dalal Street, in the coming week, the market may climb further higher to 22,000-22,100 levels on the Nifty 50, but intermittent consolidation can't be ruled out, with focus majorly on corporate earnings.
Jyoti CNC IPO opened on January 9 and the stock is expected to list on the NSE and BSE on January 16
These five companies are planning to raise Rs 1,680.72 crore through their issues. The estimated cumulative amount does not include the offer-for-sale component of the Epack Durable IPO.
The SME IPO of Australian Premium Solar India was subscribed 39 times so far on the second day of the bidding process. The issue closes on January 15.
Equity indices in early Thursday trade surged, led by global market momentum and Reliance Industries. Sensex rose 341.76 points; Nifty gained 107.8 points.