According to market experts even at current levels, Kalyan Jewellers looks expensive.
Market experts suggest investors stay put and hold the stock for the long-term.
Shares of Suryoday Small Finance Bank opened at Rs 292 per share on the National Stock Exchange, Rs 13 lower to the issue price of Rs 305 marking a di
On the BSE, Kalyan Jewellers India opened at Rs 73.90, Rs 13.10 below its issue price marking a discount of 15.06%.
In opening trades, Sensex rose 455 points or 0.94% at 48,896; while the broader market index Nifty 50 was trading at 14,486 gaining 161 points or 1.12
The market capitalisation of BSE-listed companies declined by Rs 7,00,591.47 crore to Rs 1,98,75,470.43 crore in two days
Shares of auto component maker Craftsman Automation made a tepid market debut and closed with a discount of 5% against its issue price of Rs 1,490
IOC, Maruti Suzuki, HUL, Bharti Airtel and Coal India were among the major losers on Nifty.
Hold the stock for the long term to reap the benefits of BS-IV to BS-VI transition, scrappage policy and electric vehicles introduction.
Market experts believe that the premium listing of 21% have made the valuations expensive for Laxmi Organics Industries and investors should look at b