It turned out to be a painful week for the investors on Dalal Street as the benchmark index Sensex lost 2,943 points. The broader Nifty50, which ended below the 15,300 mark, is now just 411 points away from entering the bear zone officially. Data shows that it was the worst week for the Nifty in … Read more
Fund managers have shown high conviction in Initial Public Offers during August. They subscribed to the issues of , Nuvoco Vistas, Devyani International, CarTrade Tech and Krsnaa Diagnostics as many of these companies have unique business models and leadership positions within their industries. Leading fund houses have followed a bottom-up approach while picking stocks amid … Read more
Mumbai: Specialty chemicals manufacturer and Aptus Value Housing Finance made tepid debuts on the bourses on Tuesday as investor rush for newly-listed stocks subsided in the wake of the sell-off in mid- and small-cap stocks. Chemplast listed at Rs 525 on BSE, a 2.96% discount to its issue price of Rs 541. Aptus Value listed … Read more