Archive for the ‘IPO’ Category

Macrotech Developers Limited – Muted Listing, closes 4.70% lower on debut

Shares pf Macrotech Developers Limited listed on the bourses and had a muted listing. The company had tapped the capital markets with its fresh issue for Rs 2,500 crs, in a price band of Rs 483-486. The share had a pre-discovery price of Rs 439 on BSE and Rs 436 on NSE. The share closed […]

Steep rise in spread of Covid-19 cases to hurt markets

Markets began last week under tremendous pressure on the back of a massive surge in covid-19 cases. The stringent norms on movement of people imposed in Maharashtra which amounts to a night curfew and almost a day lockdown added to the woes. BSESENSEX lost 759.29 points or 1.53% to close at 48,832.03 points. NIFTY lost […]

Lockdown looming large to make markets fearful and weak

Markets were under pressure last week and failed to recover from the onslaught they faced on Monday because of rising covid-19 cases all over the country. They were marginally up on Tuesday, recovered ground on Wednesday, were again marginally up on Thursday and slipped on Friday. The week saw BSESENSEX register losses of 438.51 points […]

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