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.

Oct 30, 2024 - 09:30
Stock market buzz: With 3 flop listings in October, IPO frenzy may be cooling

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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.
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