Stock Market: primary Market in pink mood
Stock Market: primary Market in pink mood Posted by NILESH WAGHELA Mumbai: stock market is likely to remain volatile this week amid lot of corporate action. Over 1000 companies would be announcing their Q3 FY24 results in the coming week, thus ending the earnings season. Among the major ones announcing results are Mahindra & Mahindra, Eicher Motors, Hindustan Aeronautics, Mazagaon Dock Shipbuilders, and Phoenix Mills. Moreover, primary market is in pink of it's health. Four IPOs are set to hit Dalal Street with fundraising plan of Rs 237 crore, while nine companies are scheduled to debut on the bourses in the coming week beginning February 12. The mainboard segment will have only one IPO, and five companies scheduled for debut on the bourses, while in the SME segment, there will be three IPOs opening for subscription and four corporates making their debut. The car rentals and transportation services provider, Wise Travel India, will be the first among four companies to hit the...