Markets continued their upward movement but not without their corrections and sharp intraday moves as well. On three of the five trading days we saw markets slipping into the red or negative territory and then recovering to close higher. This also led to sharp movements between the high and the low of the day. Friday […]

Indian Railway Finance Corporation Limited or IRFC which is tapping the capital markets with its fresh issue of 118,80,46,000 equity shares and an offer for sale of 59,40,23,000 in a price band of Rs 25-26, completed allocation to anchor investors. The company allotted 53,45,63,007 equity shares to 17 investors comprising 31 entities. The highest allocation […]

Markets were struggling after four days of trading last week, but Friday turned the tables and saw a very sharp rally. They ended the week with gains of around two percent. BSESENSEX gained 913.52 points or 1.91% to close at 48,782.51 points while NIFTY gained 328.75 points or 2.35% to close at 14,347.25 points. The […]