Weekly Review: 1 Jan 2018 to 5 Jan 2018 1-JAN-2018: After decent returns in 2017; (Nifty 28%) and (SENSEX 27%) the markets open with a week note on the very first day of 2018. Though the benchmark indices remained range bound in the first-half, heavy selling from the Foreign Investors in the second-half drag both the Sensex and Nifty down and closed with a negative mark on the 1st day. 2-JAN-2018: Benchmark indices closed range bound session on a flat note but the markets corrected
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Salasar Techno Engineering Limited zoomed on listing. The share closed higher by 151.95% at Rs 272.1 per share in Tuesday’s trading session on BSE. The stock was offered at Rs 108 per share. It touched an intraday high of Rs 272.10 and closed at the same level when the market ends. This IPO consisted of issuing equity shares of face value of Rs 10 each for cash, comprising of a fresh issue of equity shares aggregating up to Rs 35.87 Cr and an offer for sale of up to 3,321,000 equity shares by
The Reserve Bank of India (RBI) has kept the key rates unchanged in its June 2017 policy. Click here to see what FinBlab has analyzed. Reserve Bank of India kept the repo rate unchanged at 6.25% but cut statutory liquidity ratio by 50 basis points to 20%. RBI is watchful on (1) The impact of GST on prices and (2) How the monsoon will progress to take any further action. Here is a snapshot of the rates - Disclaimer: The contents and data presented here are just for your