Indian equity benchmarks recorded their longest winning streak in three years, rising for seven consecutive sessions on Friday. The Sensex gained 1,718 points, while the Nifty crossed 25,000, supported by banking stocks, earnings-driven buying and a broader improvement in sentiment
Jio Platforms became India’s second-most valuable listed company after debuting on Dalal Street at a 21.36 per cent premium over its issue price. Its market valuation reached Rs 12.50 lakh crore, following an IPO subscribed 22.19 times
Recently listed NSE shares fell below their IPO issue price, trading over 6 per cent below their listing-day peak. The stock declined amid early selling pressure, despite a strong debut. NSE’s IPO was India’s second-largest public issue, attracting 5.71-times subscription
Benchmark indices started the trade on a positive note, but the selling intensified during afternoon trade, with all sectoral indices ending in the red.
Mumbai: The Indian stock markets witnessed volatile trading on Monday with the benchmark Sensex trading with a gain of 167 points at around noon after a selling pressure in the morning session. The 30 stock S&P BSE Sensex was trading at 58,000.36 points at around 12.10 pm, which is 167.39 points or 0.29 per cent […]