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MoneyControl Article Rating

Canara Robeco AMC IPO subscribed 34% on Day 2 so far, GMP rises: Should you apply?

  • Bias Rating
  • Reliability

    60% ReliableAverage

  • Policy Leaning

    -20% Somewhat Left

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

28% Positive

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

58% : The initial public offering of Canara Robeco Asset Management Company has been subscribed 34 percent on its second day of public bidding (Day 2) so far.
57% : The company has set a price band of Rs 253-266 apiece for the IPO, which will remain open for public bidding between October 9 and October 13.
56% : Canara Robeco AMC IPO Anchor Book: A day before the IPO opened for public bidding, Canara Robeco AMC announced that it has raised Rs 397.8 crore from 25 anchor investors on October 8.
39% : Ajcon Global also advised investors to subscribe to the issue.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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