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Daily Market Analysis

Daily Market Analysis – 26th Feb 2021

byLaxmi GuptaFebruary 26, 2021

1. Petrol Diesel Price Rise India is the World’s Third- largest oil market and depends heavily on crude oil. India consumes nearly 211.6 million tonnes of oil every year. India does not have enough reserves. India depends on imports with some of the blame on the Organisation of petroleum exporting countries, and they have cut supplies but the demand is rising. Owing to this,...

Daily Market Analysis

Daily Market Analysis – 19th Feb 2021

byfintooFebruary 19, 2021

RailTel IPO grey market premium plunges RailTel Corporation of India’s Rs 820 crore initial public offer (IPO), which has been seeing strong retail participation at bids totaling 11 times the issue size so far, closes for subscription on Thursday. Till the end of Day 2 of the IPO, the issue was subscribed 6.55 times with the retail quota getting bids for 10.55 times the limit. The...