Archive for the ‘IPO’ Category

Markets under Covid-19 fear – Allow them breathing time before consolidation

Markets were in a really bad shape last week and just about managed to recover some ground on Friday. They lost on the first four days of the week. BSESENSEX lost 4,187.52 points or 12.28% to close at 29,915.96 points while NIFTY was down 1,209.75 points or 12.15% to close at 8,745.45 points. The broader […]

With Market bottom in place, brace for some aftershocks

Markets went crazy on Friday the 13 th and we had a reversal which is unparalleled in recent times. The benchmark indices hit the lower circuit of 10% and on reopening, they fell further briefly before they recovered not only the losses of 10% of the morning but closed in positive territory by about 4%. […]

Will markets bottom out any time soon

After a tough and volatile week one expected markets to consolidate. Unfortunately, while in the first four days of the week they did exactly that, Friday saw yet another sell-off and caused markets to slip into the red. BSESENSEX lost 720.67 points or 1.88% at 37,576.62 points while NIFTY lost 212.30 points or 1.90% to […]

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