stock boom

Election creates Rs 26 lakh crore stock boom. All greed, no fear on D-Street?

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Election creates Rs 26 lakh crore stock boom. All greed, no fear on D-Street?

With impatient investors unwilling to wait till the release of Lok Sabha election results on June 4 or even the exit poll on June 1, Sensex has rallied over 3,500 points since voting began in a Rs 26 lakh crore rally. Considering April 19’s low of 71,816.46, when voting for the first phase of Lok … Read more

Big IPOs seen making a comeback as stock boom continues

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Big IPOs seen making a comeback as stock boom continues

A boom in tiny initial public offerings in India may soon be followed by larger deals, broadening options for global investors looking to join the nation’s equities frenzy. Citigroup Inc., the top arranger of equity offerings in India this year, sees four to five IPOs of at least $1 billion each over the next year. … Read more