Markets continued to remain volatile in the week gone by and lost on two of the five trading days, remained flattish on one and gained on the remaining two. The net outcome saw BSESENSEX gain 200.15 points or 0.51% to close at 39,394.64 points while NIFTY was up 64.75 points or 0.55% at 11,788.85 points. […]

Indiamart Intermesh Limited (Indiamart) which had tapped the capital markets with its offer for sale of 48,87,862 equity shares was oversubscribed over 36 times. The price band of the offer was Rs 970-973. Earlier the company allotted 21,95,038 equity shares at Rs 973 to 15 anchor investors comprising of 28 entities. The highest allocation was […]

Markets began the week with the key level of 11,700-750 at the back of their mind. The level was respected for more than half the trading day and then it broke. Once that happened the low of the day was 11,657.75 and markets recovered marginally to close at 11,672.15 points. One thought this was the […]