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Grey market premium signals strong interest in upcoming coal sector listing
Rising grey market premiums indicate strong investor sentiment for the Bharat Coking Coal IPO, though analysts advise caution until subscription and listing outcomes are confirmed.
Investor interest around the Bharat Coking Coal IPO has strengthened as grey market premiums rose sharply ahead of the issue launch. Market participants view the premium movement as a reflection of expectations around valuation comfort, parentage support from Coal India, and demand from institutional investors. Analysts caution that while GMP trends indicate sentiment, actual listing performance will depend on subscription quality and broader market conditions during the listing week.