Adani Ent FPO off to a shaky start

The Rs 20,000 crore follow-on public offering (FPO) of Adani Enterprises got off to a shaky  start on Friday, with investors bidding for 470,160 shares against 45.5 million shares on offer, data from BSE as of 5 pm showed. This means an effective subscription of 1%.   The quota for non-institutional and retail investors was subscribed […]

Nifty slips below 17900, Sensex below 60000 in opening trade on Wednesday, Jan 11; Tata Motors shares rise 1%

Domestic equity indices extended Tuesday’s losses and opened in red on Wednesday. BSE Sensex fell 138.75 points or 0.23% to 59,976.73 and NSE Nifty dipped 30.15 pts or 0.17% to 17,884.00 in the opening session. Tata Motors, Tata Steel, Tech Mahindra, Infosys and TCS were among the major gainers on Sensex, while Bharti Airtel, Hindustan […]

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