Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall
Attract bids worth over Rs 1.73 trillion
The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments
Competitive intensity, customer acquisition costs likely to delay profitability
The banking space offers tremendous long term opportunities, especially large-cap banks like HDFC Bank, ICICI Bank, Axis Bank and State Bank of India, says Duggad
Large secondary sales likely as FPIs reallocate portfolios to IPOs; sharp rise in dollar could see them pull out of India
A depreciating rupee and lacklustre global cues further weighed on sentiment, traders said
Cash pay-outs grew at 6.6% CAGR vs 13.2% for other firms over 10 yrs
It touched a high of Rs 368 and a low of Rs 340 with nearly Rs 980 crore worth of shares changing hands.
Under rules, the issuer company deposits 1 per cent of the issue amount of the securities offered to the public and/or to the holders of the existing securities of the company
… are far-reaching social changes coming with it?
Equity investors will focus on macroeconomic data, upcoming first quarter earnings season and global trends for direction this week, analysts said.
Here are the best of Business Standard's opinion pieces for Saturday
By Jeffrey Dastin
Sebi has put initial offer in abeyance due to pending inquiry against group firm
After a range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67
Industry net sales have grown in double digits in just three of past 24 quarters
Avoid offerings that are too concentrated or have very high churn
The IPO is an offer for sale (OFS), and the company will not receive the proceeds of the offer. At the upper end of the price band, the IPO size works out to Rs 963 crore.
The 30-share BSE Sensex ended 164.11 points or 0.31 per cent lower at 52,318.60. Similarly, the broader NSE Nifty shed 41.50 points or 0.26 per cent to close at 15,680