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"This week has been a super roller coaster from 17,300 to 17,700, and there is almost 600 points in just three days"
The price band for the asset management company has been fixed at Rs 695-712 per share having a face value of Rs 5 per share.
Indus Towers jumped 13.8% to Rs 317.55, extending its winning run to the fourth consecutive trading session.
Investors should wait for an opportunity for a healthy correction and the price to go below the IPO price for making a fresh entry for long term.
Sensex mounted the 60K-mark as risk appetite improved after fears surrounding Evergrande debt crisis eased.
"Now is the time we take a rational look at the markets and be cautious now"
Shares of 10 IT companies rose by 0.48% to 6.55% after IT services and consulting major Accenture on Thursday reported strong fourth quarter earnings.
Markets are all about the new millennials' participation and that is here to stay, however one must conserve some capital at these record levels
Sansera Engineering IPO: It opened for trading at Rs 811.50 on the National Stock Exchange, compared to the issue price of Rs 744.
Linde India, Adani Total Gas, Indian Energy Exchange, JSW Energy and Bajaj Electricals also gained between 45%-54% during the same period.