Nifty trade below 24,100 in early trade; breadth positive
At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 39.69 points or 0.05% to 76,917.58. The Nifty 50 index lost 28.70 points or 0.12% to 24,056.70.
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At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 39.69 points or 0.05% to 76,917.58. The Nifty 50 index lost 28.70 points or 0.12% to 24,056.70.
Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty indicated that the Nifty50 may open on a negative note. Most Asian markets fell in early deals
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Rays of Belief IPO opens for subscription on 1 September and closes on 3 September, priced between ₹227 and ₹239 per share. With a grey market premium of +48, listing prices may reach ₹287, indicating strong demand amidst mixed expert reviews on profitability and growth risks.
The private lender stock initially rose over 2.5%; however, it pared its gains in the second half of the trading session, falling as much as 5% from its intraday high.
Shein shares fell to a low of HK$43.72, compared with the IPO price of HK$48.56 per share. According to a Bloomberg report, the pricing gave Shein a market capitalisation of slightly more than $26 billion.
Deepa Jewellers IPO day 1: As Deepa Jewellers IPO opens today, grey markets signal a promising 31% gain. The ₹459.72 crore book-build issue combines a fresh issue of about 1.41 crore shares and an offer for sale of 1.18 crore shares.
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Rupee jumps 16 paise to open at 95 against US dollar