The Nifty began the day with a stronger opening and reached its day high of 17,607.60 in the mid-morning session. In late trade, it briefly entered the red to reach the day's low of 17,472.85. The index recovered and closed with marginal gains.
It's a party for those who bought Electronics Mart India's IPOs because the business debuted on the stock market on Monday with a significant premium of more than 50% over its issue price.
The LIC IPO will take subscriptions even on Saturday (May 7), an unusual move aimed at attracting more investors
The 30-share Sensex jumped 1,143.78 points to 60,420.47 points, while the broader Nifty 50 too saw a jump of 302.20 points to 17,972.65 points
India's retail inflation has hit an eight-month high of 6.07 per cent in February
They opened its first ice cream outlet in the year 1926
On February 25, Reliance made a move and started executing a de facto takeover of around 500 Future stores. The move made Amazon feel the heat and on March 3, the US giant mentioned a takeover of shops and extended olive branch during a Supreme Court hearing
The oil prices crawled much higher but were on track for their biggest weekly drops after see-sawing on fears of bans on Russian oil
The Sensex surged 1,091.59 points to 55,738.92 and Nifty 50 was up by 295.50 points at 16,640.85
LIC had filed the Draft Red Herring Prospectus (DRHP) with SEBI on 13 February, 2022
