Friday, markets have shown their vulnerability, more likely to follow prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Markets are on a roll, at least the benchmark indices as they hit new lifetime highs. BSESENSEX gained 1,159.57 points or 2.14 per cent to close at 55,437.29 points while NIFTY gained 290.90 points or 1.79 per cent to close at 16.543.60 points. .
Markets were on a roll and they finally broke out of the resistance zone last week. Not only did they break out, but they did it in style. BSESENSEX gained a massive 1,690.88 points or 3.22 per cent to close at 54,277.72 points while NIFTY .
New Delhi: It continues to rain IPOs this monsoon season. Dalal Street is all set to see as many as four IPOs hitting the market this week.
They include Krsnaa Diagnostics, Devyani International, Exxaro Tiles and Windlas Biotech, which are going to raise close to Rs 3,614 crore between August 4 and 6.
Companies are rushing to the primary market to make best of the excessive liquidity and investor optimism. But with four issues opening on the same day, investors who have limited capital to deploy, are in a dilemma as to what to pick and what not.
Arijit Malakar, Head of Research (Retail) at Ashika Stock Broking, said investors should ride the ongoing momentum in the primary market as the buoyancy is likely continue.
Market volatility and surfeit of primary issuances to dominate markets prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.