Sensex plunges! Stocks that are down 5% or more
SECTIONS
Last Updated: Apr 19, 2021, 10:11 AM IST
Share
Synopsis
On the NSE, Kalyan Jewellers India, Akg Exim, Craftsman Automation, Mittal Life Style and KRBL touched their new 52-week low in trade.
Agencies
Related
NSE
Explore Now
NEW DELHI: The benchmark equity index BSE Sensex was trading 1289.65 points down at 47542.38 on account of selling in frontline bluechip counters.
On the BSE, Cospower Engg (down 16.73 per cent) , Team Lease Service (down 11.15 per cent) , Krypton Industries (down 10.90 per cent) , Walchand People (down 10.64 per cent) , Manaksia Aluminium (down 10.27 per cent) , Hardwyn India (down 9.99 per cent) , ASI Industries (down 9.94 per cent) , A Infrastructure (down 9.88 per cent) , Bhagwati Auto (down 9.82 per cent) and Mahaan Foods (down 9.81 per cent) were among the top losers.
Mutual funds (MFs) were big subscribers of share sales in March. BPCL, Bank of Baroda, Wabco India, SBI Cards, and Tata Communications were the top five buys of equity fund managers in March. Bank of Baroda issued fresh equity via a qualified institutional placement and the others saw large secondary exits. MFs also invested big in initial public offerings (IPOs). “March was an IPO frenzy month and MFs collectively deployed Rs 1,600 crore in nine issue,” says Abhilash Pagaria, analyst at Edelweiss Securities. They invested about Rs 613 crore in MTAR Tech and about Rs 180 crore each in the IPOs of Craftsman Automation and Nazara Tech.
Macrotech Developers, Seven Islands Shipping, Dodla Dairy among six upcoming IPOs in April
The IPO market saw several public issues last month as market saw an improvement in investor sentiment with economic parameters too indicating a revival in GDP growth
BusinessToday.In | April 5, 2021 | Updated 16:11 IST
Shares of Laxmi Organic Industries, MTAR Technologies, Nazara Technologies, Easy Trip Planners, Heranba Industries, Craftsman Automation, Suryoday Small Finance Bank, Anupam Rasayan India and Kalyan Jewellers India were listed on BSE and NSE last month.
Investors will get a chance to subscribe to at least six initial public offers (IPOs) in April. The IPO market saw several public issues last month as market saw an improvement in investor sentiment with economic parameters too indicating a revival in GDP growth. March saw nine companies making their market debut and charting a path of recovery in the IPO market.
Private Equity/Venture Capital firms invested over $11.9 billion (across 188 deals) in the first 3 months of 2021, representing an increase of about 85% compared to the corresponding period in 2020, According to Venture Intelligence data, January to March 2020, the last pre-pandemic quarter, recorded PE-VC investments of $6.5 billion across 238 deals. The value of investments in Q1FY21 was also over 58% higher compared to the immediate previous quarter (which saw $7.5 billion being invested across 231 deals). Deal volumes in the period, however, dipped 21% compared to Q1FY20 and down 19% compared to the previous quarter, the Venture Intelligence data showed. Venture Intelligence said that the appetite for investing in high scale technology startups gathered further momentum in the first quarter of 2021, led by the over $400 million rounds of investments attracted by three unicorns: food delivery focused Zomato, edtech leader Byjus Classes, and e-sports company Dream11.
Sensex tumbles 740 pts; Nifty ends below 14,350 as Covid-19 cases surge business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.