Important pre-market news today
- 🏢 IPO Listing Gains Rentomojo and Karamtara Engineering IPOs show strong grey market premiums indicating potential listing pops.
- 📉 Indices Under Pressure Nifty 50 and Sensex likely to open lower amid rising crude oil prices and geopolitical tensions.
- 🛢️ Oil & Inflation Risks Middle East tensions push crude prices near $100, fueling inflation concerns and US rate hike prospects.
- 💹 Key Stock Picks Brokers recommend buying UltraTech Cement, Syrma SGS, Ashok Leyland, and breakout stocks including Engineers India.
- 🔄 NSE OFS Update Bank of Baroda to divest up to 35% stake via Offer for Sale, may impact exchange stock liquidity.
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