Archive for the ‘General’ Category

Primary markets continue to be in demand – Secondary markets at new highs

Markets were on a roll last week and continued making new highs with the BSESENSEX gaining 329.35 points or 1.10% to close at 30,188.15 points. NIFTY gained 115.60 points or 1.24% to close at 9,400.90 points. So strong was the market breadth that there was just one sectoral loser in BSEPSU down 0.29%. The action […]

HUDCO Issue subscribed over 79 times – Retail subscription at new high

The offer for sale from HUDCO was oversubscribed 79.53 times. The company had tapped the capital markets with its offer for sale of 20.40 cr shares in a price band of Rs 56-60. Retail and employees were offered a discount of Rs 2 per share. Retail subscription saw a new record with 20.13 lakh applications. […]

Primary markets to dominate

Markets had a poor show on Friday and the weakness pulled the markets into negative territory for the week. Friday saw losses of more than 0.75% and the gains made the previous day were wiped out. The BSESENSEX ended with losses of 59.60 points or 0.20% to close at 29,858.80 points. NIFTY lost 18.75 points […]

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