Page 16 - Prashanth Tapse News Today

JG Chemicals IPO shares were available at around 10-12 percent premium over the issue price, in the grey market, an unofficial market for trading in IPO shares till the listing.

Analysts said the muted pre-listing GMP and negative listing indicate a cautious investor approach, possibly due to volatile market conditions or concerns about competition and working capital requirements.

R K Swamy IPO: The price band for the issue has been fixed at Rs 270-288 per share.

The 30-share pack BSE Sensex dropped about 617 points, or 0.83 per cent to settle at 73,502.64. NSE's Nifty50 tanked about 161 points, or 0.72 per cent to end the session at 22,332.65.

Unlisted shares of R K Swamy are currently trading with zero premium in the grey market, thus indicating no gains on the listing day, R K Swamy IPO Listing On March 12: Know What Latest GMP Indicates

The Chennai-based RK Swamy sold its IPO in the price band of Rs 270-288 per share with a lot size of 50 equity shares, between March 04 and March 06.

Get latest articles and stories on India at LatestLY. Investors became richer by Rs 4.29 lakh crore on Friday as markets fired on all cylinders with the BSE Sensex rising sharply by 1,245 points or nearly 2 per cent. India News | Markets Record Rally Makes Investors Richer by Rs 4.29 Lakh Cr.

GPT Healthcare stock started trading at Rs 215 on the NSE and at Rs 216.15 on the BSE against the IPO price of Rs 186

Indian stock market today: Experts recommend nine stocks to buy or sell today — Larsen and Toubro, CESC, DLF, GAIL, Zensar Tech, BSE, Indusind Bank, Railtel and Tata Motors.

Juniper Hotels IPO: The stock had opened at Rs 365 on the NSE and at Rs 361.2 on the BSE against the IPO price of Rs 360