arihant capital markets

Why Hyundai India’s GMP crashed 76% even as market awaits India’s biggest IPO

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Why Hyundai India’s GMP crashed 76% even as market awaits India’s biggest IPO

The grey market premium (GMP) of Hyundai India continues to slide ahead of the issue opening next week. The company’s shares are currently commanding a GMP of around Rs 139, indicating a marginal premium of 7% over the issue price. The IPO, which is a complete offer for sale (OFS) of 14.2 crore shares by … Read more

2 top stock recommendations from Mileen Vasudeo

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2 top stock recommendations from Mileen Vasudeo

“We are of the opinion that initial resistance is at 18650 levels once that level has been crossed then you are going to see the prior all-time high and then it can extend its gain further,” says Mileen Vasudeo, Arihant Capital Markets. Where do you see Nifty headed in the brand new series?If you see … Read more