Reliance IPO generates excitement

PUBLISHED ON: January 15, 2008 | Duration: 2 min, 12 sec

  
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The soaring stock market, it now appears, is taking even those with elementary market knowledge in its surge. The excitement this time is over the Reliance Power IPO breaking all previous benchmarks going by the broker’s word. Pre-listing deals have already touched unprecedented levels and the grey markets is now ticking with brokers renting out demat accounts for as high as Rs 8,000.
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