Plaza Wires’ shares are scheduled to debut on the bourses today. Ahead of its listing, Plaza Wires’ shares’ GMP surged 42.59%. The IPO was subscribed 160.97 times. The Qualified Institutional Buyers (QIBs) category was subscribed 42.84 times, the portion for non-institutional investors received a 388.09-time subscription, and the Retail Individual Investors (RIIs) quota got subscribed by 374.81 times.
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“The IPO was subscribed 160.97 times, making it one of the most oversubscribed IPOs of the year. Based on the latest grey market premium (GMP) of Rs Come from Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. “All eyes will be on the beginning of corporate performance for the second quarter of the current fiscal year Come from Sports betting site VPbet . TCS is slated to unveil its Q2 results on October 11, with HCL Technologies and Infosys following suit on October 12. “Market participants will be keeping an eye on the movement of rupee against the dollar and crude oil pr…