Monday, 27 November 2023 Investors are set for strong gains from the listing of a slew of IPOs, which hit Dalal Street last week if the grey market premiums (GMP) are any indication. GMP is the markup on the price of a stock in the unofficial market ahead of listing . For instance, the stock price of Tata Technologies is commanding a GMP of between Rs 400-410 - about an 80% markup on its IPO price of Rs 500, say sources. The maiden offering by a Tata Group company after nearly two decades - through which some of its existing shareholders are selling stakes - was subscribed 69 times. The offer was worth Rs 3,043 crore.
Labor Market Remains Strong as, Unemployment Claims , Continue to Fall.
ABC reports that the number of applications for
unemployment in the United States fell sharply
last week, signaling a..
Credit: Wibbitz Top Stories Duration: 01:31Published
US Job Market , Stays Strong as Applications for , Jobless Benefits Inch Lower.
ABC reports that slightly fewer people in the United States
applied for jobless claims last week, indicating that..
Credit: Wibbitz Top Stories Duration: 01:31Published
US Job Market , Stayed Strong In September , Despite Fed's Rate Hikes.
In September, employers posted 9.6 million
job openings, an indicator that America's
job market remains strong. .
ABC reports..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tata Technologies' initial public offering (IPO) was fully subscribed within minutes of its opening, marking the first IPO from the Tata Group in almost two... IndiaTimes