Tuesday, April 27, 2021

Nearly 50% of new listings fall below issue price; wait for earnings, say experts

Nearly 50% of new listings fall below issue price; wait for earnings, say experts The bull market helped many IPOs command high valuations but experts say that these companies would need to post strong earnings to meet investor expectations.

from Moneycontrol Market Outlook https://ift.tt/3gHyuGs

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FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...