This IPO takes everyone by surprise by jumping 8 per cent and hitting a fresh all-time high! Do you own it?
This IPO takes everyone by surprise by jumping 8 per cent and hitting a fresh all-time high! Do you own it?

This IPO takes everyone by surprise by jumping 8 per cent and hitting a fresh all-time high! Do you own it?

The calendar year 2022 has been a mixed bag for IPOs

Karan Dsij Article rating: 4.2

The IPO market that was buzzing & rollicking in the calendar year 2021, is also feeling the pinch as the central banks across the globe are aggressively tightening their monetary policy.

Nifty closes below 16,700, led by realty, pharma, FMCG and PSU bank
Nifty closes below 16,700, led by realty, pharma, FMCG and PSU bank

Nifty closes below 16,700, led by realty, pharma, FMCG and PSU bank

Tech Mahindra, Hero MotoCorp, and Infosys emerged as the top gainers whereas IndusInd Bank, Britannia & Tata Consumer Products were the top losers.   

Rohit Kale Article rating: 5.0

It was a disappointing day as Nifty lost nearly all its gains in the last couple of hours. In the end, Nifty closed flat at 16,682. Moreover, Nifty Midcap and Nifty Smallcap closed on a mixed note.   

Nifty closes below 16,700; all sectors in red
Nifty closes below 16,700; all sectors in red

Nifty closes below 16,700; all sectors in red

RBI cited that inflationary pressure may continue while the commodity prices are likely to remain elevated amid the ongoing war as well as the export bans from some countries.   

Rohit Kale Article rating: 5.0

Indices ended nearly at the day’s low while Nifty plunged about 2.29 per cent to close at 16,677. Sensex tanked about 1,306 points amidst RBI’s decision to increase the repo rate by 50 bps.

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