Archive for the ‘IPO’ Category

Markets at life time highs, likely to consolidate before next up move

Markets continued to gain ground and make new life-time highs on the benchmark indices. BSESENSEX gained 1,549.94 points or 3.70% to close at 43,443.00 points while NIFTY gained 454.40 points or 3.72% to close at 12,719.95 points. The broader market saw BSE100, BSE200 and BSE500 gain 3.74%, 3.60% and 3.53% respectively. BSEMIDCAP was up 3.06% […]

Gland Pharma Limited – Subscribed just over 2 times

The primary market issue from Gland Pharma Limited was subscribed 2.06 times with the support of QIB’s. The non-institutional portion remained undersubscribed. The company had tapped the capital markets with its fresh issue of Rs 1,250 crs and an offer for sale of 3,48,63,635 equity shares in a price band of Rs 1,490-1500. Earlier the […]

Market in Diwali Mood – New Lifetime Highs on the Anvil

Markets were on fire last week and had a great show, celebrating the upcoming Diwali festival in advance. BSESENSEX was up 2,278.99 points or 5.75% to close at 41,893.06 points while NIFTY gained 621.15 points or 5.34% to close at 12,263.55 points. The broader market saw BSE100, BSE200 and BSE500 gain 5.14%, 4.97% and 4.68% […]

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