Archive for the ‘IPO’ Category

Russia-Ukraine transgression hits markets badly

Markets were badly hit by the Soviet transgression into Ukraine last week. Though they recovered 50% of what they lost because of the transgression, they still closed with substantially higher losses. BSESENSEX lost 1,974.45 points or 3.41% to close at 55,858.52 points while NIFTY lost 617.90 points or 3.58% to close at 16,658.40 points. The […]

Market movement and global cues becoming worrisome

The week gone by had plenty of action and the first two days in particular shook the market. On Monday, BSESENSEX lost 1,747 points while NIFTY lost 532 points. On Tuesday, they gained 1,737 points on BSESENSEX and 510 points on NIFTY. What happened? Why the loss and why the recovery? No war actually happened […]

Vedant Fashions Limited – Gains 7.95% on listing day

Shares of Vedant Fashions Limited listed on the bourses and had a quiet day gaining 7.95%. The company had tapped the capital markets with its offer for sale of 3,63,64,838 shares in a price band of Rs 824-866. The issue had opened on Friday the 4th of February and closed on Tuesday the 8th of […]

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