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IPOs are buzzing all around
Today 2 IPOs got listed on the SME board and investors cheered after the listing
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Grey market hints at bumper listing for Netweb
By the time of writing this story, the IPO got subscribed 7.32 times. Its GMP is Rs 370 which implies a premium of 74%.
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Monsoon dampens petrol, diesel sales
Air services to Jaffna to be increased, IDBI launces ‘Amrit Mahotsav FD’, SBI raises MCLR by 5bps, BMW reports 5% growth in India sales.
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Netweb IPO open for subscription
The company is in the business of high-end computing solutions and also supercomputing systems
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Realty companies healthier now
The report of real estate advisory company Anarock shows that the demand for houses has increased. Home sales have increased. This is the reason that the debt on real estate companies has come down.
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Senior citizens can save tax in this scheme
You can open an account in the Senior Citizens Savings Scheme in the post offices of the country
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Investors give thumbs up to Senco Gold
It is believed that as customers will move from the unorganized to the organized sector the company stands to gain. At the same time, it is reported that the company is using technology for attaining operational efficiency.
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Sensex scales 66,000 peak & retreats
Baba Ramdev selling his own shares at 16% discount; Sensex breaches 66,000-mark for first time; Wipro misses street estimates; Retail investors go berserk over Utkarsh SFB IPO; Netweb Tech from July 17
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No family secrets now: Sebi
Sebi has mandated that all family agreements which may have impact on the markets, will have to be disclosed to the stock exchanges
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Brokerages bullish on TCS, HCL Tech
IT sector is facing headwinds due to global macro uncertainty and less discretionary spending by companies on IT activities
