Daily Archives: Wednesday January 2nd, 2019

IPO would be better for 2019

IPO Investment

60 companies can raise Rs 60,000 crore
MUMBAI- The market for initial public issue (IPO) may have been dry since the last three months, but 2019 may be the best for the IPO. It is reported that in 2019 the IPO will be flooded and so far, about 60 companies are such that the capital market regulator has approved the Securities and Exchange Board of India (SEBI).

According to sources, the above 60 companies can raise Rs 60,000 crore via IPO. Most of these companies will try to enter the market before March 31, 2019 while the rest of the companies will be in the market from June to December or March 2020. In fact, the broker’s opinion about the ruling party of the center is that the current government will return only again this year’s general elections and this government will cross 275 seats in alliance with coalition parties.

On this basis, market analysts say that the market will remain stable and after the election results, there will be tremendous momentum once. Figures show that in the case of foreign capital, India is on the other side while Brazil is at the forefront. Apart from this, the decreasing prices of crude oil, the Indian economy will be positive with the rupee strengthened against the dollar.

Apart from this, SEBI has taken some positive steps which could accelerate the IPO market. In it, declaring the price two days before the opening of the IPO, decreasing the order of listing from 6 days to three days, use of the UPA to invest in the IPO etc. Let me tell you that there has been no IPO in the market for the past three months. Last came from Dinesh Engineering who came on 28th September. In such a situation, when an IPO comes 3-4 months later, there will definitely be a good investment opportunity for the investors. There were a total of 25 IPOs in the previous calendar year.

Heavy fall in the market

Sensex ends down

Mumbai: On the first day of the new year, Ranak went missing in the market today. In today’s business, the pressure of the sell-out in the market increased further in the afternoon. The Sensex has dipped more than 360 points and has broken 36,000 levels. On the other hand, the Nifty also slipped 120 points to below the 10800 level.

On Wednesday, the Sensex slipped 363 points to close at 35,891.52, while the Nifty closed 117.60 points at 10,792.50. In Nifty, only nine shares were green, while 41 shares were closed in red mark. It remained the same in the bank stocks and the bank nifty was broken 225 points. The midcap index slipped more than 1 percent. This weakened global signals today. In the worst-hit sectors, auto and metal are ahead. Both sector indexes are more than 3 percent broken.

Eicher Motors has broken up to 9 per cent in the stocks under pressure. There has been a 5.5 per cent drop in JSW Steel. Vedanta is also close to 4.5 per cent, while Tata Steel has also weakened more than 4 per cent. But in such an environment, the select stocks have managed to get off and stop. These include Sun Pharma, Bharti Infratel, TCS and Asian Paints. Between halfway to 1.5 percent of them.

After the signs of weakness in the Chinese economy, the markets of Asia and Europe have dropped. Factory activity has declined for the first time in December, which has happened for the first time in two years. This fall gave birth to fears about the pace of Chinese economy. Global reasons have been strengthened by the recent decline in rupee. Rupee dropped by more than 60 paise against the dollar on Wednesday.

Jet airways

sterling airport.jpg A federal grant will pay for improvements to perimeter fencing at Sterling Municipal Airport

Jet Airways has been defending the Mumbai-debt crisis. The company said that it has delayed payment of loans to the group of banks involved in the leadership of State Bank of India (SBI). According to the information given to the stock exchange, “the company has not been able to pay the interest and principal amount on time due to the temporary cash crisis.

The last date for payment was 31 December 2018. Significantly, the 25-year-old airline has been facing a cash crunch for the past several months, due to which he has also delayed payment of pilots and other employees. The company has suffered serious losses due to weakness in rupee, rising prices of crude oil and gluttony competition in the Indian aviation sector.

Jet and its second largest shareholder Etihad Airways are continuously negotiating with banks to try to solve the debt crisis. It is believed that Abu Dhabi’s company Etihad could increase its existing stake in Jet Airways by 24 percent. After the news of default, the company’s stock in the Bombay Stock Exchange (BSE) was trading around 276 with a fall of about 2%.

Higher Delivery Quantity (02/01/2019)

SingleDataSeriesExample_01
NAME DELV QTY AVG QTY CLSE
CARBORUNIV 516372 24881 361.50
EMAMILTD 1027376 82204 422.70
TIINDIA 574702 51209 353
SIS 52070 4792 749.50
GSPL 1121706 106637 176.05
ITDCEM 246843 26786 112.55
SADBHAV 504702 99077 209.50
GSKCONS 56642 12805 7515.85
,MINDAIND 149283 35467 328.10
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