The shares fell as much as 9.4% to Rs 860 versus their IPO price of 949, before paring about half of the losses. LIC is the fourth-largest deal among global IPOs priced this year.
Rithvik said was he was able to achieve such a record due to a single stock, Tata Investment Corporation, which appreciated almost 52% compared to 23% of Nifty Index last year.
It's not the responsibility of Wall Street to come out with better forecasts. The responsibility is on the end users to spend a few hours digging into the research.
Inflation is top of mind for all leaders in Washington and US President Joe Biden, whose approval ratings are sliding, appears less inclined to count on hope as a strategy.
BlackRock has rejigged its Asia-focused portfolios to have more neutral positions on China, up from underweight, and narrowed its underweight call on internet services companies.
NSE study shows retail investors are dominating India’s stock market since the first Covid-19 lockdown and investing more and more money in diversified portfolios.
The proposals from SEBI come as the country is set for a record year for IPOs and follow the RBI's decision to impose limits on borrowers seeking to buy shares of a new listing.
The run-up in stocks comes ahead of the RBI's monetary policy Friday, where interest rates are expected to be left at an all-time low even as inflation rises.
With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.