Monthly Archives: August 2017

52 Week High Breakout (31/08/17)

HEG 678.65
L&TFH 197.10
KIOCL 110.25
WELCORP 138.50
CONCOR 1311.35
DHFL 503.40
IOC 452.85
BEL 191.85

Sensex closes with slight margin

Successful Investor in India

Mumbai: After the weak start today, the market has seen recovery. In today’s trading, the Nifty was rolled up to 9856.95, so the Sense dived to 31551.85. The BSE 30-share index Sensex closed 84 points, or 0.25 per cent, at 31,730 level. NSE’s 50-share index Nifty closed at the 9918 level with a rise of 33.5 points, or 0.3 percent. However, the Nifty closed flat at 24,318 level.

The mid-caps and smallcap index have also seen good recovery. The BSE mid-cap index has closed 0.25 percent higher at 15540 level. In today’s turnover, the BSE Midcap Index fell to 15,488. The Nifty Mid-100 index closed 0.4 percent higher at 18277.5. In today’s trading, the mid-cap of the Nifty fell below 100 index 18200. BSE’s Smallcap index closed 0.8 percent higher at 16,000 points. In today’s business, the BSE’s Smallcap Index was broken up to 15880.

The market has got support from buying in IT, auto, FMCG, realty, consumer durables, power and oil and gas stocks. Nifty’s IT index has gained 0.6 per cent, Auto index gained 0.4 per cent and FMCG Index gained 0.3 per cent. BSE Realty Index has gained 1.1 per cent, Consumer Durables Index 0.6 per cent, Power Index 0.75 per cent and Oil and Gas index 0.6 per cent. Selling in metal and pharma stocks has been observed.

In today’s business, Wipro, Bajaj Auto, Tata Power, Reliance Industries, HCL Tech, Maruti Suzuki, Cipla, Asian Paints, Power Grid and HUL have been closed for up to 2.7-1.1. However, Bharti Infra, Bosch, Coal India, Arvindo Pharma, Infosys, Mahindra and Mahindra, Dr Reddy’s and ONGC were closed down by 2.5-1 per cent in the giants.

In mid-cap stocks, Kansai Nerolac, GE T & D, Central Bank, MRPL and Nalco were up 7.9-3.8 per cent to close. In Smallcap stocks, Wadilal Industries, Sheffler India, Kiri Industries, Sarda Energy and Adlabs Entertainment have climbed up to 19.8-10 per cent.

52 Week High Breakout (28/08/17)

HSCL 92.95
JSL 94.35
SCI 94.70
BEL 187.95
FELDVR 38.75

Filing record of companies for IPO in August


MUMBAI: After the success of the market’s rapid growth environment and the initial public offering (IPO) of consecutive companies, companies have deposited drafted draft in the month of August. This may lead to a very good line of IPO in the coming months.

Capital market regulator, Indian Securities and Exchange Board (SEBI) data shows that in August month, a total of 10 companies have filed draft (DRHP) for bringing IPOs and the IPO size of these companies is also bigger. However, some of these companies can come in the IPO next month. The companies which have submitted the draft include HDFC Standard Life Insurance Company, Reliance Nippon Life Asset Management, Barbik Nation Hospitality, India Road Networks etc.

Similarly, other companies include Esther DM Healthcare, New India Assurance Company, General Insurance Corporation, Mahindra Logistics, Godrej Agrovet, SBI Life Insurance Company etc. Earlier in July, ICICI Lombard General Insurance, Khadim India had submitted the draft. Explain that among the above companies, insurers are going to raise the highest amount.

In the last few years, August is such a month in which many companies have submitted drafts for the IPO. Analysts in the market say that this year, good companies are bringing IPOs in the market, which will give investors good shares and also get good returns.

Talking about the previous calendar year, Rs 26,000 crore was raised through the IPO. Compared to this, 4 months remaining this year and the market is fast becoming intact. In 2010, only Rs 36,300 crores was collected. In this way, the record of 2010 will be broken this year. Analysts believe that in this year so far except a few IPOs, the rest have given better returns to the investors. Some IPOs have got double returns this year, so investors have made good money.

Rule of listing of IPO may be 3 days  


Mumbai: The capital market regulator, the Securities and Exchange Board of India (Sebi), which is continuously improving the initial public offering (IPO) segment, has planned to make a major improvement, under which IPO’s listing can be timed to 3 days. At present the limit is 6 days.

According to sources, SEBI can make this decision in September itself and this is possible in the board meeting held on September 1. Explain that currently the company’s shares have to be listed on stock exchanges within 6 days of IPO closure. Earlier this limit was 12 days, but in January last year SEBI reduced it to 6 days. The main reason behind this is that the money invested by the investors can not stay for 6 days or 12 days, but within 3 days they will start getting returns.

Sources said that SEBI can decide on this matter in the month of September. Let us say that SEBI has made good decisions in favor of investors in the past few years. Under this, investor can deposit the application for subscription with the banks, brokers, depository participants etc. Earlier this form was deposited only with the bank and the brokers. At the same time, the payment was also made easier to buy shares during the IPO, under which Asba (Application Supported by Blocked Amount) was made compulsory for all categories of investors.

Explain that for the past few years, good participation of retail investors in the IPO market has increased, which has given good IPO to the IPO. If some broke records in the case of subscription, then most IPOs gave investors more returns than expected. Anyway, better IPOs are coming in the coming months, from which the market is expected to get good growth.