Reliance Nippon Life Asset Management Limited which is tapping the capital markets with its offer for sale of 6.12 cr shares in a price band of Rs 247-252 completed allocation to anchor investors. The company allotted 1,83,60,000 shares to 35 anchor investors at Rs 252. The highest allocation was made to BNP Paribas Arbitrage fund […]

Shares of IEX Limited listed on the bourses and had a lacklustre listing. The company had through an offer for sale offered 60,65,009 shares in a price band of Rs 1645-1650. It had allotted 18,19,501 equity shares to 25 anchor investors comprising of 28 entities. This was reduced and had to be reallocated without the […]

Markets were in a festive mood with Diwali around. It was a different thing that the ‘Muhurat” trading did not oblige where markets fell in the special short one-hour session on global cues. This led to markets closing in the negative for the week albeit small losses. The week ahead sees October futures expire on […]