FIIs have sold Indian stocks worth Rs 37,700 crore since the Lok Sabha elections began on April 19, causing nervousness on Dalal Street. India VIX has increased by 67%. In contrast, DIIs have spent Rs 60,000 crore, holding strong amidst market volatility.
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium