Thursday, December 10, 2015

10th Dec - Short covering rally in market + some predictions

We had a good short covering rally in the market today

JM Financial predicts Nifty levels of 9500 by June 2016 (please don't trust predictions)

Narayana Hrudalaya set for IPO on Dec 17th. Price band 245 - 250.

BNP Paribas sold stake in Future Consumer. It was bought by Verlilinvest (as per Porinju tweet)












Alkem Lab IPO over subscribed 33 times.

Dr Lal Pathlabs IPO over subscribed 20 times.

Chennai Petro started 2 units in Tamil Nadu (had closed it due to floods)

SBI likely to sell its 15% stake in NSE valued at 17500 crores.


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