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 […]
Archive for the ‘IPO’ Category
Adani Wilmar Limited – Gains 15.30% on opening day
February 9th, 2022
Comments Off on Adani Wilmar Limited – Gains 15.30% on opening day
RBI policy meet and LIC IPO filing to be key events
February 7th, 2022
Comments Off on 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
January 31st, 2022
Comments Off on 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 […]