Market likely to continue on a zigzag course till the yearend

Market likely to continue on a zigzag course till the yearend

The domestic equity market corrected sharply midway through the week gone by on renewed fear of a spike in Covid-19 cases and fresh restrictions in some of the advanced countries. With the US Election Day just three weeks away, global markets have also slipped into a wait-and-watch mode. Both political parties in the US have … Read more

Mazagon fails to do a PowerGrid & IRCTC, but breaks defence IPO jinx

Mazagon fails to do a PowerGrid & IRCTC, but breaks defence IPO jinx

NEW DELHI: Mazagon Dock Shipbuilders’ 49 per cent listing gains disappointed many investors, who had been expecting it to make a debut with at least 80 per cent gain. The listing pop was nowhere near IRCTC’s 101 per cent seen during its October 2019 listing nor PowerGrid’s 63 per cent during its 2007 listing. It, … Read more