Archive for the ‘IPO’ Category

HDFC Asset Management Company Limited – Shares Gain 65% on Debut

HDFC Asset Management Company Limited which had tapped the capital market with its offer for sale of 2,54,57,555 equity shares in a price band of Rs 1095-1100 had a stellar debut gaining 65% on day one. Earlier the company had allotted 66,53,265 equity shares to 35 anchor investors comprising of 61 entities at Rs 1,100 […]

Use Rallies to Exit

It was an eventful week and one saw plenty of action. On Thursday markets crashed while the very next day on Friday there was a very strong rally. On both days the BSESENSEX saw a net movement more than 350 points. The BSESENSEX ended the week with gains of 219.31 points or 0.58% to close […]

July Rally Holds Good

Markets were on a roll and the observation that markets have a strong rally in July, was proved correct yet again. BSESENSEX gained 840.48 points or 2.25% to close at 37,336.85 points. NIFTY gained 268.15 points or 2.38% to close at 11,278.35 points. While BSEMIDCAP and BSESMALLCAP recorded impressive gains of 4.50% and 4.43% respectively, […]

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