Going ahead, experts say, the fundraising trend in the primary market will depend on how the secondary market performs against the backdrop of the outcome of general elections and global cues.
US and European institutional investors bought a majority of shares in the over Rs 4,800 crore (Rs 48 billion) QIP offering by telecom operator Reliance Communications.
The FIPB rejected two proposals -- Nigeria's Mokeme Chiwetal Izuchukwu and Lanarth Developers Pvt Ltd.
The regulations will only apply to the share purchases that have been done after October 1, 2004
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Ashok Leyland, ITD Cementation India have more than doubled.
.jpg)
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
