Markets under pressure, expect more consolidation(Market Watch)
By
Arun Kejriwal ( IANS) |
Published on
Sun, Feb 21 2021 14:12 IST |
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Bombay Stock Exchange (BSE). (File Photo: IANS). Image Source: IANS News
Markets were under pressure last week and the bull tide seemed to have turned the corner on Tuesday itself. BSESENSEX rose from the previous day s close of 52,154 points intraday to a high of 52,516 points and then fell to close at 52,104 points, a loss of 50 points compared to the previous day. The fall from the high was 412 points. This broke the momentum of the markets and they fell for the next three days, and even wiped out the sharp gains registered on Monday of over 600 points. Similar was the case with NIFTY as well.
Markets under pressure, expect more consolidation (Market Watch)
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Markets under pressure, expect more consolidation (Market Watch)
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RailTel IPO Subscribed 42 Times On Last Day
by Arun Kumar Das - Feb 19, 2021 04:48 AM
RailTel IPO.
Snapshot
The demand for IPO was led by qualified institutional buyers, whose allotted shares in the issue were subscribed 65.1 times at the end of the bidding process.
The Rs 820-crore RailTel Corporation initial public offer (IPO) was subscribed 42.4 times on the final day of the bidding process.
RailTel, one of the largest neutral telecom infrastructure providers in the country, received bids of 2,594,243,370 shares against the offered 61,157,360 equity shares.
The total size of the offer is Rs 819.24 crore at the upper price band of Rs 94 per share.
RailTel Corp IPO ends with strong subscription
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