The IPO consists of a fresh issue of equity shares worth ₹410 Crore, with no offer-for-sale (OFS) component.
Here are some of the stocks that may see significant price movement today: TVS Motor, Reliance Infrastructure, JK Tyre & Industries, etc.
Brent crude futures for November finished at $72.75 a barrel, up $1.14 or 1.59%. U.S. crude futures for October finished at $70.09, up $1.44 or 2.1%.
Asian markets trading lower on Tuesday after preparation of monetary loosening cycle kicks off by Federal Reserve.
Bajaj Housing Finance Ltd.'s shares more than doubled in their trading debut following India's largest new listing of the year.
The IPO of PN Gadgil Jewellers was heavily subscribed, attracting a total subscription of 59.41 times.
On Tuesday, the dollar traded at its lowest levels of the year, ahead of the projected start of a U.S. easing cycle.
The price band for the Northern Arc Capital Ltd IPO is set between ₹249 to ₹263 per share.
Spot gold was unchanged at $2,582.84 per ounce. On Monday, bullion reached a record high of $2,589.59.
Adani Power will supply 1,496 MW (net) thermal power from its new ultra-supercritical 1,600 MW plant.

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