Mumbai, May 4 -- In this weeks market update, we delve into the latest developments in the primary market, the Indian market, and the global market landscape, analysing trends in auto sales, banking, and real estate, and providing insights into various sectors.

Primary Market Update:

This week commencing 28th April, one mainboard IPO of JNK India made a stellar market debut, lists with a 50% premium over the issue price.

Since 2004, there hasnt been a single IPO launch during the month of May in the last four General Election cycles.

Typically, the period from April to June during these years has been slow for the primary markets due to election uncertainty, according to Mahavir Lunawat, Managing Director, Pantomath Capital Advisors P...