So far, on the second day of his IPO, Atlanta Electrics saw a general subscription of 1.19 times at 12:45 pm, along with a strong gray market premium (GMP) of 12.6%or RS 95-100. Non-institutional investors drove enthusiasm and subscribed to the issue 2.66 times, followed by the retail investors, who have subscribed to the issue […]
The RS 464 Crore from GK Energy has seen a solid response from investors and has so far subscribed to Tuesday, third and last day of the bid process. In the Gray Market, the IPOs premium has seen a slight dip – which is currently floating around 12% above the issue price of RS 153, […]
The Indian market ended lower on Monday, after the profitbooking of the previous session, where shares drag most after the US greatly increased the one-off costs of H-1B-VISA to $ 100,000, rattling sentiment in a sector that had only recently shown signs of a rebound. The S&P BSE SENSEX fell 0.56% to close at 82,323.62, […]
The shares of Metal Major Vedanta fell by almost 4% on Wednesday to reach the low of the day of RS 471 after the regulation plans had received a setback. The government is said to doubled its objection and accused the proposed part -grade scheme of a tactic to obstruct the repair of its rights.The […]
The Indian banking sector may be close to turning a corner to make a corner, according to Pranav Gundlapalle, senior research analyst at Sanford C Bernstein. After months of slower credit growth and margin pressure, he believes that both growth and profitability can start to improve compared to the second half of the current financial […]
Redington LTD shares have risen no less than 16% to hit a day of RS 280 on September 16, driven by excitement around the launch of the iPhone 17. Pre-orders are already underway, with the sale that starts on September 19. The stock sees renewed interest, since Redington treats the supply chain for IT and […]
Global markets scrape this week before the Federal Reserve policy decision, with speculation that is reduced in the scale of a potential rate reduction. Although most investors expect a reduction of 25 basic point, discussions have won the possibility of a sharper cut of 50-based point at the Momentum. “The markets are really waiting for […]
Indian shares can remain accessible in the short term, but will pick up in the second half of the tax-driven by profit recovery and GST-conducted consumption boost, said Mahsh Patil, Chief Investment Officer at Aditya Birla Sun Life AMC. “The Indian markets have achieved a overdue global peers this year, with Asian and developed markets […]
Three IPOs from the motherboard, Urban Company, DEV Accelerator and Shringar House of Mangalsutra, show a strong interest on Dalal Street this week, each of which on the last day of bidding. But it is the gray market that offers an early wrist on potential action day promotion. Urban Company leads the peloton The RS […]
The Indian market ended on Thursday in the Green, with the Nifty 50 that extended his winning series to a seventh session after the US President Donald Trump said he was planning to speak with Prime Minister Narendra Modi to alleviate trade fictions. The hope of new life-breathing tariff discussions weighed heavier than taking a […]