The tepid listing of LIC is factor of weak sentiment in global markets and it has not to do with the company's valuations. At the upper band LIC IPO was priced at 1.1 times to its embedded value, which was at a significant...
LIC IPO, the country's largest IPO ever, was subscribed 2.95 times during the exceptional five-day share sale which ended on May 9
Nifty is likely to go up to 16,180-16,400 levels during the week as all the technical parameters are in oversold zone and hint at a possible bounce
