NEW DELHI: The domestic equity market has been on a high on the government’s reform overdrive and achievements. Going forward, the financial results will play a key role in deciding market direction. The IPO , which was sold between October 25 to October 27, 2017, saw a bumper subscription of 81.54 times. HDFC Standard Life, India’s third-largest private sector life insurance company, will hit the market with its initial public offering on Tuesday, November 7. The company plans to raise up to Rs 8,695 crore from the primary market in the price band of Rs 275-290 per share.

Source: Economic Times November 05, 2017 04:41 UTC