Mon, Jan 30, 2023 10:59 PM
FirstMeridian Business Services submits fresh DRHP papers to launch IPO
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Running a hedge fund isn't easy, and most eventually close within their first five years. At the same time, it is a profession that can turn people into billionaires. Billionaire hedge fund managers generally become billionaires because they are great stock pickers.As such, it can be a good idea to track some of the ideas of what these billionaire hedge fund managers are investing in.
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Faalcon Concepts share price made a bumper debut on BSE SME today. Faalcon Concepts share price opened at ₹95, which is 53.22% higher than the issue price of ₹62. However, Faalcon Concepts share price were locked in 5% lower circuit post a strong debut. At 10:12 IST, Faalcon Concepts share price was down 5% at ₹90.25 apiece on BSE. Faalcon Concepts IPO opened for subscription on Friday.
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The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled lower on Thursday, following the release of economic reports. The U.S. economy grew an annualized 1.6% in the first quarter, marking a notable slowdown from the 3.4% rate in the final quarter of 2023.
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