The broader markets underperformed benchmarks, with the Nifty Midcap and Smallcap indices falling 0.8 percent each. More than two shares declined for every share rising on the BSE.
The IPO of Avenue Supermarts, which runs the D-Mart supermarket chain, is likely to see significant oversubscription. However, if the so-called GMP (grey market premium) is any indicator, the blockbuster listing might ensure healthy gains for HNIs if the oversubscription doesnât cross historic highs.
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
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