Investors eyeing quick profits from IPOs might benefit from selling newly-acquired shares soon after listing. Data shows that out of over 100 IPOs in 2023, many stocks failed to maintain their initial gains. Analysts suggest selling on the first day if shares hit the upper circuit for short-term gains.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions