Sensex falls 206 pts, Nifty closes below 10,150 on expiry day; Wipro up 4%, This little-known stock rose over 400% since its listing. Which other IPOs led the returns chart in FY18? while Hindustan Aeronautics debuts at Rs 1,159, fall 5% from issue price.
Closing Bell: Sensex falls 206 pts, Nifty closes below 10,150 on expiry day; Wipro up 4%.
The Nifty continued to struggle below 10,150 levels ahead of the expiry of March derivative contracts.
The Nifty continued to struggle below 10,150 levels ahead of the expiry of March derivative contracts.
Market Closing: Benchmark indices reversed some of the gains seen in previous two consecutive sessions, with the Sensex losing 205.71 points to 32,968.68.
The NSE Nifty managed to close above 10,100 levels on expiry of March derivative contracts, falling 62.90 points to 10,121.30.
Tata Steel, Vedanta, ICICI Securities, SBI, Reliance Industries, ITC, and Infosys fell 1-3 percent while Wipro, Tech Mahindra, and Bosch gained up to 4 percent.
Nifty Midcap fell over a percent.
GSK Consumer, IDBI Bank, Indiabulls Real Estate, Delta Corp, Suzlon energy, Persistent Systems, Balrampur Chini, Kwality, Fortis Healthcare, Jet Airways, SAIL, NCC, and PNB slipped up to 20 percent.
Crompton Consumer, Allahabad Bank and Petronet LNG gained up to 4 percent.
This little-known stock rose over 400% since its listing. Which other IPOs led the returns chart in FY18?
An investor in a stock such as Meera Industries, a textile major, would have grown their money by over 400 percent, 431.94 to be precise. Or take the case of major names such as Shankara Buildpro, Apex Frozen Foods, PSP Projects, HDFC Standard Life, ICICI Lombard, Cochin Shipyard and Prataap Snacks, among others.
Several companies hitting the IPO Street ensured that the primary market had a busy financial year. Companies from trading, insurance, IT, construction, healthcare, and pharma names dominated the list of such companies.
FY18 is set to go down as the busiest financial year in the history of Indian IPOs in terms of volume raised. 38 IPOs have concluded with IPO fundraising volume of above Rs 77,000 crore so far this year, Centrum Broking said in a report.
While investors managed to make money in the equity market all through 2017, on a financial year basis too, bets on few good companies could have helped them earn good returns.
Hindustan Aeronautics debuts at Rs 1,159, fall 5% from issue price.
Tata Steel, Vedanta, ICICI Securities, SBI, Reliance Industries, ITC, and Infosys fell 1-3 percent while Wipro, Tech Mahindra, and Bosch gained up to 4 percent.
Nifty Midcap fell over a percent.
GSK Consumer, IDBI Bank, Indiabulls Real Estate, Delta Corp, Suzlon energy, Persistent Systems, Balrampur Chini, Kwality, Fortis Healthcare, Jet Airways, SAIL, NCC, and PNB slipped up to 20 percent.
Crompton Consumer, Allahabad Bank and Petronet LNG gained up to 4 percent.
This little-known stock rose over 400% since its listing. Which other IPOs led the returns chart in FY18?
An investor in a stock such as Meera Industries, a textile major, would have grown their money by over 400 percent, 431.94 to be precise. Or take the case of major names such as Shankara Buildpro, Apex Frozen Foods, PSP Projects, HDFC Standard Life, ICICI Lombard, Cochin Shipyard and Prataap Snacks, among others.
Several companies hitting the IPO Street ensured that the primary market had a busy financial year. Companies from trading, insurance, IT, construction, healthcare, and pharma names dominated the list of such companies.
FY18 is set to go down as the busiest financial year in the history of Indian IPOs in terms of volume raised. 38 IPOs have concluded with IPO fundraising volume of above Rs 77,000 crore so far this year, Centrum Broking said in a report.
While investors managed to make money in the equity market all through 2017, on a financial year basis too, bets on few good companies could have helped them earn good returns.
Hindustan Aeronautics debuts at Rs 1,159, fall 5% from issue price.
The stock price has opened at Rs 1,159 on the National Stock Exchange while it started off trade at Rs 1,169 on the BSE, falling 4 percent.
State-owned Hindustan Aeronautics share price made a weak debut on Dalal Street, falling more than 4 percent from its final issue price of Rs 1,215.
State-owned Hindustan Aeronautics share price made a weak debut on Dalal Street, falling more than 4 percent from its final issue price of Rs 1,215.
The stock price has opened at Rs 1,159 on the National Stock Exchange while it started off trade at Rs 1,169 on the BSE, falling 4 percent.
The Rs 4,229-crore initial public offer of state-owned Hindustan Aeronautics was subscribed 99 percent during March 16-20, 2018, supported by QIB.
The category reserved for qualified institutional buyers (QIBs) was oversubscribed 1.73 times while non-institutional investors' reserved portion was subscribed 3 percent and retail investors 39 percent.
It was an offer for sale by the Government of India. The IPO price band was at Rs 1,215-1,240 per share.
The book running lead managers to the issue are SBI Capital Markets and Axis Capital.
The Rs 4,229-crore initial public offer of state-owned Hindustan Aeronautics was subscribed 99 percent during March 16-20, 2018, supported by QIB.
The category reserved for qualified institutional buyers (QIBs) was oversubscribed 1.73 times while non-institutional investors' reserved portion was subscribed 3 percent and retail investors 39 percent.
It was an offer for sale by the Government of India. The IPO price band was at Rs 1,215-1,240 per share.
The book running lead managers to the issue are SBI Capital Markets and Axis Capital.
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