Markets were open for four trading sessions in the previous week as there was a trading holiday on Monday. They were a little volatile but managed to close with small gains. There has been sector rotation with banking being in the forefront on Wednesday led by sugar stocks and then fertilizer and finally railway stocks. […]
Archive for the ‘General’ Category
Markets look tired but expiry could change things
June 24th, 2024
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Performance of Newly Listed Shares as on 21st June 2024
June 24th, 2024
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Name Date of Listing Issue Price Closing Price Closing Price % Gain Loss % Change Over 210624 140624 Over Week lssue Price Juniper Hotels Limited Juniper Hotels Limited 360.00 456.35 447.10 2.07 26.76 GPT Healthcare 29th February 186.00 153.70 154.30 -0.39 -17.37 Exicom Tele-Systems Limited 5th March 142.00 405.05 319.35 26.84 185.25 Platinum Industries Limited […]
Markets need correction but current momentum indicates otherwise
June 17th, 2024
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After the sharp gains witnessed in the previous week, markets were circumspect this time around, but continued to post gains. Markets are at lifetime highs, and in the previous week one saw the market breadth gaining substantially. One reason for the above could be the fact that key portfolios of the cabinet have been retained […]