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CDSL issue shows IPOs riding market euphoria; tread carefully

A strong equity market performance is generally followed by a flurry of initial public offerings (IPOs). Euphoria grips the Street and IPOs – whether reasonably priced or not— get through with ease.  Conversely, primary market frenzy is often seen as harbinger of market peaking. This trend is playing on Dalal Street these days. But retail investors who ignore valuations of IPO in this euphoria often end up getting the wrong end of the stick.  Analyst warn that investor who wish to hold new papers on quality parameters should pay heed to valuations. “Many a times, companies with very high pricing also attract good subscriptions. Remember the Reliance PowerBSE -1.35 % issue in 2008? It did very well, but we all know what happened next. One should always look at valuations before putting money in an IPO. If you find an IPO more than fairly priced or aggressively priced, ignore it and look for opportunities in the secondary market instead. Some of the recent IPOs such as...

Indiabulls Real Estate slumps post block deal

Indiabulls Real Estate was trading lower by 5.2% at Rs 201 per share at 1025 hours on the NSE. The company’s 1.9 crore shares traded in a block deal on NSE and BSE at an average of Rs 200 per share, worth Rs 385 crore. Indiabulls Real Estate was trading lower by 5.2% at Rs 201 per share at 1025 hours on the NSE. The company’s 1.9 crore shares traded in a block deal on NSE and BSE at an average of Rs 200 per share, worth Rs 385 crore. The stock hit its 52-week high of Rs 217.80 per share on June 21, 2017, and hit its 52-week low of Rs 57, per share November 22, 2016. The stock has delivered 116% returns in a period of one year and has outperformed the BSE Mid-cap and BSE Realty indices over the same time span. Indiabulls Real Estate had reported a 19% increase in consolidated net profit at Rs 79.8 crore for the quarter ended March 2017. Its net profit stood at Rs 67.2 crore in the year-ago period, however, the company’s total revenue declined to Rs 545.2 crore in the fourth q...

61 stocks rally over 100% in 2017

The calendar year 2017 (CY17) began with a strong note for the equity  markets  with the Sensex and Nifty 50 index gaining 12% each. The BSE Midcap and Smallcap indices performed better, have rallied 20% and 24% respectively, so far in CY17,  hitting new highs on Tuesday. About 61 stocks mainly Non-A group stocks from the BSE became multibagger i n less than three-and-half months.

What modified for the market while you have been napping? 10 things to understand

A take a look at prime cues from home and international markets, which could have a concerning the Dalal side road on Monday. The Nifty is more likely to begin on a positive notice on Monday after closing flat with a positive bias for the week ended April 7. The index closed beneath its an important make stronger degree of 9,200 on Friday. The Nifty formed a ‘shooting star’ roughly pattern on daily as well as weekly candlestick charts. This pattern is frequently fashioned in an uptrend and is treated as a reversal pattern and for this reason warrant warning. listed here are top cues from domestic in addition to international markets, which could have a concerning D-boulevard. Wall side road closed with negative bias US stocks ended lower as traders grappled with a weaker-than-expected job report, and escalating geopolitical tensions. A prime Federal Reserve professional's feedback on trimming the usa important financial institution's balance sheet also made traders f...