DSIJ Mindshare

There are literally thousands of brokers in India offering not just stockbroking services, but also many other kinds of financial products and services to their clients. So, how does one decide on which brokerage house to choose and what criteria should be applied?

With the markets going into correction and consolidation mode, the year 2018 has been disappointing for the mid-cap and small-cap fund investors. These funds have corrected more than the large-cap funds and investors in these funds are clueless about their next course of action.

Rites Limited, a Government company, is coming with an IPO which will open for subscription from June 20 to June 22, 2018. The issue consists of Offer for Sale (OFS) of 2,52,00,000 equity shares worth Rs 466.20 crores. The issue price band is between Rs 180-185 per equity share.

The company signed an agreement with Indorama Group to exit their joint venture company, Egyptian Indian Polyester Company (EIPET).

Following stocks are close to their 52-week low as at 12.43 p.m. on June 15, 2018.