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Nephrocare Health Services IPO | important RHP points
Original: Nephrocare Health Services IPO | important rhp points
Takeaway
Market awaits Fed rate-cut signal while three newly listed IPOs (Meesho, Aequs, Vidhvires) all rewarded subscribers; wait for cool-off before chasing them.
Summary
- Daily Money Show #126 covers market correction with Sensex down 275 pts to 84,391 and Nifty down 81 to 25,758, ahead of US Fed December meeting where a rate cut is widely expected.
- Meesho IPO listed strongly at Rs 161.20 vs IPO price Rs 111, closing at Rs 170 for 53% Day 1 gains; host advises waiting for correction before buying post-listing.
- Aequs Ltd listed at Rs 140 (vs IPO Rs 124) and Vidhvires at Rs 52.30 (vs Rs 52), giving 22% and 2% listing gains respectively.
- Telecom tariff hikes by Jio, Airtel and Vi expected in coming weeks per Economic Times sources, supporting ARPU and margins for the three telcos.
- India-US trade deal discussions intensifying; India giving best offers but resisting full agri/dairy access to protect farmers; FTA talks with Chile and Israel also advancing.
IPOMeeshoStock MarketTelecomFed Rate
Original description
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