Archive for the ‘IPO’ Category

Adani Wilmar Limited – Gains 15.30% on opening day

Shares of Adani Wilmar debuted on the bourses on Tuesday and caused many hearts to flutter when the discovered price was below the issue price. The fact that they recovered thereafter quite sharply is the other part of the story. The company had tapped the capital markets with its fresh issue to raise Rs 3,600 […]

RBI policy meet and LIC IPO filing to be key events

Markets in the week gone by behaved as if there were two distinct halves. The first three days of the week saw markets gain and then correct themselves in the remaining two days. BSESENSEX gained 1,444.59 points or 2.53% to close at 58,644.82 points while NIFTY gained 414.35 points or 2.42% to close at 17,516.30 […]

With budget due on Tuesday and FII’s as sellers, expect market volatility to remain

Markets continued to remain volatile and unsure of which direction they should move. Post the FED meeting what did become clear was the fact that interest rates would rise in March and that the rate of increase would be more than the customary 25 basis points. Various brokerage houses internationally have anticipated that there could […]

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