24.04.2012 - Investors eye primary market after success of MCX initial public offering

The 20 per cent rise in the Sensex between 30 December 2011 and 22 February 2012, and the success of Multi Commodity Exchange's (MCX's) initial public offer , or IPO, in February have given hope to investors that the primary market-where companies sell new shares-may be set for a revival. Last year, only 40 companies, that too mostly small and medium, had floated IPOs , as the Sensex went on a free fall...............................................Full Article: Source

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