Mr Market is driving us crazy. I think most investors have this on their mind, this feeling today as they look at the huge disconnect between rising stock markets and a yet to recover economy coupled with the flood of ‘massively oversubscribed’ IPOs. If you are already invested in stocks or have money waiting to […]
Investing in IPOs? Don’t make these mistakes
The Initial Public Offering or IPO of Happiest Mind Technologies planned to raise Rs. 700 crores. It has been oversubscribed by 151 times. Investors have put in bids worth Rs. 105,000 crores. Let that sink in. This is not the only IPO in the market. As per listings with SEBI, there are a few more […]