MSTC Limited which had tapped the capital markets with its offer for sale and listed, but did not have a good outing. The company had an offer for sale of 1,76,70,400 equity shares and had a compulsory QIB portion of 75%. The issue was open from Wednesday the 13th of March and was to close […]
Archive for the ‘IPO’ Category
MSTC Limited – Listing Day Share Closes With Losses Of 5%
April 1st, 2019
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Expiry, Year-End and Correction to Keep Week Opening Subdued Before Rally Resumes
March 25th, 2019
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The short four-day trading week which had a holiday on Thursday for Holi saw markets gain on the first three days. Friday began positively, but profit taking set in and the day closed with substantial losses. The week however ended with gains but the sentiment has turned negative. The expected correction which I had talked […]
Markets on Course to Make New Highs
March 18th, 2019
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Markets continued to rally strongly and posted gains of about 3.5%. They are now just about 2.5% away from making a new high. Incidentally Bank Nifty and BSE BANKEX are already at new highs. BSESENSEX gained 1,352.89 points or 3.69% to close at 38,024.32 points. NIFTY gained 391.45 points or 3.55% to close at 11,426.85 […]
