August sees a reversal of fortune for IPOs
Seven of the 10 companies that listed in August are currently trading below their issue price
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Seven of the 10 companies that listed in August are currently trading below their issue price
Mazhar Mohammad of Chartviewindia.in said unless Nifty50 bridges Friday's bearish gap zone of 16,509-16,535 level, the trajectory of the market shall remain on the downside.
Foreign institutional investors sold shares worth Rs 595 crore on Wednesday while domestic institutional investors sold shares worth Rs 729 crore.
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Asian markets opened mostly lower on Friday in cautious trade after Wall Street shares closed flat with investors eyeing increasing virus cases. MSCI's broadest index of Asia-Pacific shares outside Japan was down by 0.47 per cent.