The stock opened at Rs 544.35, a 6% discount to its issue price of Rs 577 per share
On Thursday, the dollar rose to almost 16-month highs against the euro and other currencies due to bets on interest rate hikes.
Amaraja Batteries, Apollo Hospitals, Ashok Leyland, Bharat Forge, BPL, Glenmark Pharma, Hero MotoCorp, Vodafone Idea, National Aluminium, Reliance Capital, SpiceJet and Suzlon are some of the stocks
The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales
According to the technical analyst from Anand Rathi, most technical indicators are in favour of the bullish bias for these three stocks
September quarter results were a mixed bag for India Inc. While the combined net profit of consumer goods companies declined, profits for financials and commodity producers rose sharply
The IPO comprises fresh issue of equity shares aggregating up to Rs 125 crore
Bond yields were little changed as RBI assured ample liquidity conditions without trying to control the yields
More capital flowing to Indian entrepreneurs relative to GDP than in other countries
The benchmark Sensex declined as much as 1.1 per cent, or 696 points, intra-day before recouping somewhat in the last hour
Regionally-diversified offshore funds and ETFs increase allocation to India, shows Morningstar report
The IPO is an entirely an offer for sale (OFS) by existing shareholders and promoter group entities
Despite widening losses, stock gains on top-line showing, acquisition plans
Currently, MFs offer only gold-based ETFs in the commodity space. Silver ETFs will have similar safeguards as that in the existing regulatory mechanism for Gold ETFs
The Rs 600-crore IPO received bids for 40,69,77,264 shares against 1,75,25,703 shares on offer
Markets regulator Sebi has made sweeping changes to strengthen the monitoring and enforcement of norms pertaining to related-party transactions.
The markets regulator has amended rules to introduce the exchange traded funds
Sensex falls 433 points to close at 59,920; Nifty50 settles with a loss of 143 points at 17,874
Among sectoral indices, the BSE Realty index plunged 2.5 per cent. The Bankex, Healthcare and Telecom indices were down over a per cent each
Not only key stock market indices but even listed brokerages' stocks have witnessed a rally