Stock market buzz: With 3 flop listings in October, IPO frenzy may be cooling

Traders eye Nifty technical levels after an intra-day recovery, with a tepid start expected, influenced by weak Asian markets. Festive-related low volumes and key earnings from Larsen & Toubro and Tata Power may impact sentiment. Ola Electric’s stock falls below its IPO price amid market challenges. Improvement in two-wheeler sales is anticipated while mid-cap stocks offer potential resurgence in November.

Leave a Reply

Your email address will not be published. Required fields are marked *