Vinod Sharma, Analyst, Anagram Stock Broking, said that he expects to see 15,000 on the Sensex and 4,500 on the Nifty. “I think 15,000 on the Sensex and 4,400 on the Nifty are genuine round figures and they tend to be acting as resistances as well,” he said.

According to him, there will be euphoria in the market following the DLF IPO. “Now we are going to see a euphoria kind of scenario in which DLF would list at a premium. There is a sea change between the environment in which the IPO came and in which it is now getting listed. Second, the perception is much better now after Vishal Retail’s listing. Third, not enough people participated in the IPO,” he added.

Retail perception for DLF might change following the Vishal Retail’s impressive debut, he said, adding that DLF will list at a premium. “There are many people who now are saying ‘why did we not apply’. I think there is going to be an appetite from the retail sector as well. The stock would definitely quote at a premium,” he added.