Swiggy’s $1.3 billion listing battles curse of blockbuster IPOs in India

Traders hope Diwali boosts stocks, while Nifty faces its worst monthly drop in four years. Swiggy’s IPO shows tepid enthusiasm, mirrored in Zomato’s recent decline. Options traders are preparing for post-US election volatility. October car sales data may disappoint, with Nomura predicting weak growth. Adani bonds excel, recovering from last year’s setback.