Nykaa makes strong stock market debut; shares rally over 80%
November 11, 2021 15:26 ISTNykaa IPO Listing Date, Nykaa Share Price: The Rs 5,351 crore IPO of FSN E-Commerce Ventures Ltd, Nykaa's parent company, was subscribed over 82 times.
Nykaa IPO Listing Date, Nykaa Share Price: The Rs 5,351 crore IPO of FSN E-Commerce Ventures Ltd, Nykaa's parent company, was subscribed over 82 times.
The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 2.34 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges.
HDFC Bank was the top loser in the Sensex pack, shedding nearly 2 per cent, followed by HDFC, Bajaj Finance, NTPC, Maruti, Kotak Bank and PowerGrid.
In the previous session, Sensex ended 477.99 points or 0.80 per cent higher at 60,545.61, and Nifty surged 151.75 points or 0.85 per cent to 18,068.55.
Nykaa shares will be credited to demat accounts on November 10. Nykaa shares are commanding a strong grey market premium of Rs 700 per share.
The initial public offering of Paytm's parent company, One97 Communications Ltd received bids for 88.23 lakh equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges.
Paytm IPO is available in the price band of Rs 2,080 - Rs 2,150 per share. Paytm IPO is the biggest in the country's corporate history, breaking a record held by Coal India.
Domestic equity benchmarks mustered smart gains on Thursday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2078.
The Muhurat trading commemorates the start of the new Samvat 2078. That is when the traditional business community open their books of account.
In the previous session, Sensex had plunged 677.77 points or 1.13 per cent to end at 59,306.93, and Nifty fell 185.60 points or 1.04 per cent to 17,671.65.
Policybazaar IPO, Policybazaar IPO GMP Today, Policybazaar IPO Grey Market: Policybazaar unlisted shares are commanding a grey market premium of 15 per cent.
Nykaa IPO GMP, Nykaa share price: Nykaa shares are commanding a Grey Market Premium of 70 per cent. Nykaa IPO subscription/allotment status will be out on November 8.
Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 3,818.51 crore on Thursday, as per exchange data.
The 30-share index tanked 1,158.63 points or 1.89 per cent to close at 59,984.70. Similarly, the broader NSE Nifty plummeted 353.70 points or 1.94 per cent to 17,857.25.
The National Stock Exchange of India said that the journey from 3 crore registered investors to 4 crore took about 15 months. The next 1 crore registrations took less than seven months.
To become a successful investor or make a new move in the share market, it is crucial to analyse some factors before the market opens.
After touching an all-time high of 61,894.33 in opening deals, the 30-share Sensex was trading 511.54 points or 0.83 per cent higher at 61,817.49.
Sensex rallied over 350 points in opening trade on Thursday to cross the 61,000-mark for the first time, driven by gains in index heavyweights Infosys, HDFC Bank and Reliance Industries.
In the previous session, the 30-share index ended 148.53 points or 0.25 per cent higher at record 60,284.31, and Nifty rose 46 points or 0.26 per cent to its fresh closing peak of 17,991.95.
NSE Nifty on Monday hit an all-time high of 18,000 while the BSE Sensex was placed above 60,300 in the morning trade.
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