The company revealed the price band for its upcoming initial public offering (IPO), set at Rs 177 to 188 per share
Posts in category Business Standard
Mcap of BSE-listed firms hits peak at Rs 3.9 trn, investors add Rs 2.2 trn (19-02-2024)
Investors became richer by Rs 2.20 lakh crore on Monday and the market capitalisation of BSE-listed firms reached an all-time high of Rs 3.91 lakh crore as buoyant sentiment sustained the stock market rally for the fifth straight session.
The 30-share BSE Sensex benchmark climbed 281.52 points or 0.39 per cent to close at 72,708.16, while NSE Nifty ended at its all-time high of 22,122.25 points, up 81.55 points or 0.37 per cent from the previous close.
The market capitalisation (mcap) of BSE-listed companies went up Rs 2,19,581.56 crore to reach its all-time high of Rs 3,91,69,087.01 crore.
“BSE market cap touching a record high of around USD 4.7 trillion reflects the strength of the ongoing bull run and the momentum in the market.
“The fact that the crucial Buffet Ratio (market cap to GDP) is signalling very high valuation at above 120 per cent is a matter of concern. But this is unlikely to halt the bull run in the near-term since flows into the market from domestic individual ..
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Sensex climbs 282 pts, Nifty hits record high, VIX above 16 mark (19-02-2024)
The domestic stock market extended its winning streak for the fifth consecutive session on Monday, with the Nifty achieving a new all-time high of 22,186.65 before closing near the day’s peak. Initially experiencing fluctuations due to mixed global cues, the market ultimately benefited from robust buying in several sectoral indices and heavyweight stocks, concluding the day on a positive note. Consumer durables, pharma and FMCG shares were in demand, while realty, PSU banks, IT stocks declined.
Sensex, Nifty end with modest gains; consumer durables index gains (19-02-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex advanced 281.52 points or 0.39% to 72,708.16. The Nifty 50 index added 81.55 points or 0.37% to 22,122.25.
Nifty February futures trade at premium (19-02-2024)
NSE India VIX climbed 5.22% to 16.02.
Quick Wrap: Nifty Pharma Index records a surge of 0.88% (19-02-2024)
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