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IPO index at lifetime low

Posted on: February 9th 2011 in Press Releases.

Strap: 75% IPOs are trading below their issue price The newly listed companies are having the worst time of the current market carnage, with the Bombay Stock Exchange (BSE) IPO index touching a record low today.The index was down 2% at 1,688 (12.30 pm) as most of the new issues declined…

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