The Indian Railway Finance Corporation(IRFC) IPO set to Open Its Services

IRFC IPO

The Indian Railway Finance Corporation(IRFC) IPO which is owned by the State is all set to open to the public today, and its premier public offering for subscription will last from January 18 to January 20, 2021.  The first IPO launch of 2021 so far, Indigo Paints will soon open their IPO in the upcoming week as well. Here are a few issues that are raised with the opening of these IPOs: Objectives The total proceeds from the latest issue are set to be used for augmenting the equity capital base…

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Sensex closes 429 points higher as widespread buying dominates markets

Sensex

The equity benchmark BSE Sensex in India soared high skies at 429 points on Thursday on account of widespread buying. This was because of a move in the global markets which occurred due to the Covid-19 vaccine trials.  After having soared around 600 points during the market session, the index settled 439.25 points or 1.21 percent, higher at 35,843.70. The NSE Nifty went up to 121.65 points or 1.17 percent to eventually close at 10,551.70.  When it comes to the big winners, M&M seemed to be at the top of…

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