At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 157.09 points or 0.29 per cent. 

The IPO market that was buzzing & rollicking in the calendar year 2021, is also feeling the pinch as the central banks across the globe are aggressively tightening their monetary policy.

It was a happy Monday on the bourses as markets all over the world were trading in positive territory despite volatility and rising inflation. Sensex surged 1.41 per cent to end at 54,521.15 whereas Nifty 50 clocked in 229.30 points or 1.43 per cent to close at the 16,278.50 level.    

The company has a strong reputation in providing EPC solutions for designing and constructing dams, hydropower plants, and irrigation projects.

What’s more fascinating is the fact that all its stocks have delivered positive returns.

Its stock price has surged 2,339 per cent in just one year!

The shares of Inflame Appliances saw a jump of over 10 per cent on July 18. Inflame Appliances shares saw a price volume jump on Monday when the BSE Sensex is trading higher by over 700 points.

BSE Smallcap index climbed 1.39 per cent to close at 26,137.13.

Indices saw an amazing rally in the last hour as Nifty jumped 1.43 per cent at the end of the day. Sensex climbed 760 points while Nifty Midcap and Nifty Smallcap rose 1.40 per cent & 1.59 per cent, respectively.   

Technically, the stock is quite bullish as it registered a breakout from its falling trendline on July 18 (Monday). It has soared over 12 per cent and recorded a huge volume.