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Shares of Macrotech Developers erstwhile Lodha Developers opened at Rs 436 per share on the National Stock Exchange, Rs 50 lower than the issue price of Rs 486 marking a discount of 10.29%.
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The BSE Sensex traded 891.22 points, or 1.83%, down at 47,940 at around 9.20 am (IST).
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Sensex plunges 1,317 points or 2.70% at 47,940; whereas the broader market index Nifty50 tumbled 369 points or 2.53% at 14,248.
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Here is the list of top stocks that could be in focus on April 19.
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Traders will be concerned as India reported 275,306 coronavirus disease (Covid-19) cases on Monday
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Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
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An investment of Rs 1 lakh in Relaxo Footwears in April 2011, has grown to Rs 66.71 lakh today
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Investors who bid for Macrotech Developers’ shares during the book-building process of the initial public offerings (IPO) may face some disappointment on Monday
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With major Indian cities facing partial lockdowns, markets may continue to remain unstable at least till the uncertainty on the rising cases front subsides
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A continued surge in the second wave of COVID-19 cases in the country has posed a risk to the sustainability of the rebound of earnings momentum