IPO down fall

Dont be get shocked by IPO down fall. In January 2008 IPO raised 6.3 bn from 45 issues. Which is the lowest collection since 2005. In the first month of 2008 world IPO is facing some difficulties. Till now it has seen a down fall of 15%. Last year in the same period from 65 issues IPO collected 7.5 bn. Important thing to note is that cheena and america are unable to collect even single bn this year, Both nations have seen a down fall in collection. Cheena 73% and america 46%. But Today in Indian market the Future capital holdings got listed above 900 and touched a high of more than 1000. It has a cut off price at 765. It is good to see that the Indian IPO are performing well.

And about today market

SENSEX 18660.32 UP BY 417.74

NIFTY 5463.5 UP BY 146.25 .

Hope that REliance would get listed at atleast above 850. All the best to investors.