List of upcoming IPOs for this week includes Nova Agritech, Fonebox Retail, DelaPlex Limited, Megatherm Induction, Harshdeep Hortico and Brisk Technovision.
"Nifty concluded the week at 21,571.80, marking a decline of 323 points from 21,894 levels, on a weekly basis. Pharma, realty, and metal sectors faced selling pressure. Despite persstent attempts to breach crucial resistance, each of them resulted in a sell-off,” Om Mehra, Technical Analyst, at SAMCO Securities said.
The share allotment of Medi Assist Healthcare IPO has been finalised and investors are awaiting the listing, which will be on January 23. Post the IPO allotment, the company s shares saw a bump in GMP in the grey market to Rs 29. Earlier, the Medi Assist Healthcare GMP was around Rs 27.