OMC stocks are displaying bearish sentiment, if fails to hold key supports then could enter medium-term selling bias.
Shares got listed at Rs 947, a 89 per cent premium over its issue price of Rs 500 per share on the National Stock Exchange on Thursday.
Shares of Utkarsh Small Finance Bank listed at Rs 40, a 60 per cent premium over its issue price of Rs 25 per share on the National Stock Exchange (NSE) on Friday
CLOSING BELL ON JULY 14, 2023: The BSE benchmark index scaled a fresh summit at 66,160, while the NSE Nifty50 registered a record high at 19,595.
Shares of Senco Gold listed at Rs 431, a 36 per cent premium over its issue price of Rs 317 on the BSE.
The stock rallied 20 per cent to Rs 504.90 on the BSE in intra-day trade on Tuesday, and has zoomed 91 per cent against its issue price of Rs 265 per share in two days
Most of these offers are coming right now because their regulatory deadlines, to bring the IPOs, are about to lapse, cautioned analysts
The stock was listed at Rs 403, a 52 per cent premium over its issue price of Rs 265 per share on the National Stock Exchange.
Post listing, the market price of the company doubled against its issue price of Rs 672, hitting an intra-day high of Rs 1,344 on the BSE
Barring Eicher Motors, which is presently struggling near its 200-DMA; Bajaj-Auto, TVS Motor and Hero MotoCorp may rally up to 15%
Post listing, the stock hit a high of Rs 667, up 14 per cent when compard with its issue price of Rs 585 per share on the NSE.
According to IPO Watch, the shares are commanding grey market premium (GMP) of Rs 550, signaling a listing gain of 82 per cent over the upper end of the IPO price
Trend of brokerage firms appear attractive on technical charts, progressive uptrend to continue.
The stellar listing day performance comes even as retail investors gave the Rs 4,326-crore IPO - the largest in more than a year-a miss
Shares of Mankind listed at Rs 1,300, a 20 per cent premium over its issue price of Rs 1,080 on the National Stock Exchange (NSE) and the BSE
A combined, around 7.5 million equity shares had changed hands and there were pending buy orders for 19 million shares on the NSE and BSE till 10:16 AM
India's outperformance vis-a-vis other markets happened in a year that witnessed high inflation, rising interest rates, and a bloody war in Europe
The Rs 66-crore initial public offering of Sah Polymers was subscribed 17.5 times
CLOSING BELL: Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent
Post listing, the stock hit a high of Rs 89.25, up 37 per cent when compared with its issue price of Rs 65 per share.