Financial advisors are of the view that first-time investors should stay away from NFOs and rather invest in funds that have a good history of returns.
Grey Market is an unofficial market for IPOs. It is an over-the-counter market where IPO applications and IPO shares are traded before they get listed on stock exchanges.
On MCX, April gold contracts were trading lower by 0.3% at Rs 44,737 for 10 grams in early trade, while May silver futures, too, were trading 0.5% lower at Rs 67,225 a kilogram
The small finance bank has fixed a price band of Rs 303-305 per share. Investors can bid for a minimum of 49 equity shares and in multiples, thereafter.
Shares of Vodafone Idea traded higher on Friday after the company on Wednesday announced the bundling of Disney+Hotstar VIP access for 1 year
Gold futures edged higher sharply after breaking above $1700 per ounce but flipped back after hitting one week high near $1740 per ounce as soaring equities capped upside.
Ahead of the IPO, the shares were quoting at a premium of Rs 7.5 or close to 9% in the grey market.
The Rs 760-crore initial public offering (IPO) of speciality chemical company Anupam Rasayan got subscribed 34% on the first day on Friday.
Capital Goods stocks were trading in the positive zone, with the S&P BSE Capital Goods index rising 319.1 points or 1.43% at 22702.52 at 09:48 IST. Among the components of the S&P BSE Capital Goods index, Larsen & Toubro Ltd (up 2.16%), Kalpataru Power Transmission Ltd (up 1.76%), V-Guard Industries Ltd (up 1.5%), Grindwell Norton […]