was reliance power ipo a bad omen for the stock markets?
Terrilyn asks:
so much hype no ipo ever made and since its listing,whatever national or international reasons the markets are in turmoil since then
so much hype no ipo ever made and since its listing,whatever national or international reasons the markets are in turmoil since then
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May be the it is the other way round . The global cues are a bad omen for reliance IPO .
with regardswww.chocolatesavy.com
u cant say like this, as in those days the market was allready suffering and so the reliance money ipo also suffered… because of market suffering the ipo of emmar mgf was also withdrawn…..
it was only a matter of time. There were many reasons for the market to witness this fall. So it doesn;t make sense to ascribe this reason to only one company. Largely the global cues are the culprits for the crash. They have imbibed a feeling of fear in the minds of FIIs .