Undoubtedly, the delay was worth waiting for! The much awaited initial public off erring of DLF brought
with it the 15,000 mark for the BSE Sensex. The benchmark index took 146 days to jump from 14,000 to 15,000. During this period, capital goods; oil & gas; metal & banks outperformed while IT, FMCG & auto stocks refrained from the rally. The most notable part of this 1,000 points rally was the listing of DLF Limited, which got a lukewarm response from the investors & could manage only an 11% premium on the listing (the stock listed at Rs.582, as against the issue price of Rs.525). However, with the listing of ‘big daddy’ of real estate, a real estate index was the need of the hour and BSE is the first one to come up with it in the country.
with it the 15,000 mark for the BSE Sensex. The benchmark index took 146 days to jump from 14,000 to 15,000. During this period, capital goods; oil & gas; metal & banks outperformed while IT, FMCG & auto stocks refrained from the rally. The most notable part of this 1,000 points rally was the listing of DLF Limited, which got a lukewarm response from the investors & could manage only an 11% premium on the listing (the stock listed at Rs.582, as against the issue price of Rs.525). However, with the listing of ‘big daddy’ of real estate, a real estate index was the need of the hour and BSE is the first one to come up with it in the country.For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India
