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IPO week to increase volatility in markets

IPO week to increase volatility in markets ​ By Arun Kejriwal ( IANS) | Published on ​ Sun, Mar 14 2021 14:03 IST | ​ 5 Views   IPO proceeds in India rises 61% in 2020, sentiments revive in Q4. Image Source: IANS News Markets continued their volatile way in the four-day trading week gone by. We saw markets opening with a gap on Monday as expected but profit taking followed. The gains continued on Tuesday and Wednesday before the holiday on Thursday. Friday saw markets opening strong but were rattled by savage profit taking which saw more than half the weekly gains being erased. BSESENSEX ended the week with gains of 386.76 points or 0.77 per cent to close at 50,792.08 points, while NIFTY gained 92.85 points or 0.62 per cent to close at 15,030.95 points. The broader markets saw BSE100, BSE200 and BSE500 gain 0.43 per cent, 0.41 per cent and 0.49 per cent respectively.

Craftsman Automation Limited IPO to open on March 15, 2021, Price band fixed at ₹1,488 to ₹1,490 per Equity Share

Craftsman Automation Limited IPO to open on March 15, 2021, Price band fixed at ₹1,488 to ₹1,490 per Equity Share Posted On: 2021-03-09 09:00:40 (Time Zone: Arizona, USA) Craftsman Automation Limited (the Company ), a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely powertrain and other products for the automotive segment ( Automotive - Powertrain and Others ), aluminium products for the automotive segment ( Automotive - Aluminium Products ), and industrial and engineering products segment ( Industrial and Engineering ) will open the initial public offer of equity shares of face value of ₹5 each ( Equity Shares and such initial public offer, the Offer ) on March 15 2021. The Offer will close on March 17 2021.-maintain consistency in the style of writing dates The price band of the Offer has been fixed at ₹1,488 to ₹1,490 per Equity Share.

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