Readers Hi,
Today’s session was almost flat and most of the Asian Markets would be fully or partially closed during the next week or so.
US market is quite weak and it seems this time as well, we will not be isolated. Expect a downtrend from now to the Budget.
Primary Market (IPO) is very dry and all the current IPOs are in deep problem. By seeing the interest in Primary market, I can visualize the lack of interest people have now on the stock market.
Secondary Market Volume is still very low.
Be cautious the direction of the market is still not clear and it might turn downside as well.
1) IPO
- Manjushree Extrusions Ltd
- Wockhardt Hospital Limited
- Emaar MGF
- SVEC Construction Limited
- Globus Spirits Limited
- V-Guard Industries Limited
- GSS America Infotech Limited
www.vjondalalstreet.com/ipo.php
2) IPO Grey Market
- Grey Market Premiums have dried up. Check it here.
www.vjondalalstreet.com/ipogmp.php
3) IPO Listing Date
- Reliance Power Listing date – 11th Feb
4) Coverage initiated on new Mutual Fund (NFO)
- Lotus India AGILE Tax Fund
- SBI TAX Advantage Fund
- JM Core 11 Fund
- Reliance Equity Linked Saving Fund
www.vjondalalstreet.com/mf.php
Happy Trading!
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All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein.
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