Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the consumer durables sector and auto sector witnessing maximum selling pressure. Energy stocks are trading in the green.

The BSE Sensex is trading down 21 points (down 0.1%) and the NSE Nifty is trading down by 7 points (down 0.1%). The BSE Mid Cap index is trading down by 0.2%, while the BSE Small Cap index is trading flat. The rupee is trading at 64.85 to the US$.

In the news from the IPO markets, GTPL Hathway made a tepid debut on Indian Indices today. The scrip of the company got listed at Rs 170, the same as its issue price.

The IPO of the company was subscribed merely 1.53 times during the offer period between June 21-23.

Speaking of IPOs, the primary markets have caught the frenzy of investors. However, are IPO’s a sure shot way to make money in the stock markets?

According to Hindu Business Line, till June 2016, only 40% of the IPOs launched between 2004 and 2011 were trading above their issue price, as can be seen from the chart below.

Are IPOs a Sure Shot Way to Make Money?

So the best way to invest in IPOs is by evaluating each IPO on its merits by considering its fundamentals, and most importantly, the valuations. And this is particularly important when the hype surrounding IPOs is at its peak.

If you’re new to the ‘lovely’ world of IPOs, we have something for you…

Our new and completely free report – How to Get Rich with IPOs – will tell you how to find those money-spinning IPOs and avoid the disasters in the coming year and beyond.

In the news from global financial markets, US factory activity rose sharply in June to its highest level in almost three years.

This suggested that economic growth in the second quarter in the US gained some steam.

However, construction spending held steady in May.