After falling for eight consecutive sessions, domestic indices reversed the downtrend and ended the first session of March broadly in the green territory. The Nifty 50 settled above the crucial 17450 level and BSE Sensex closed above 59400. The top gainers on the Nifty 50 were Adani Enterprises (up 15.78%), Hindalco (up 3.68%), UPL (up […]
Global Surfaces IPO opened for subscription on 13 March, and the issue got oversubscribed 12 times at close, with total bids of 9,46,14,400 lakh shares. Qualified institutional buyers (QIBs) subscribed 8.95 times of their reserved portion. Retail investors bid for 5.12 times of the shares reserved. The NII portion garnered 33 times oversubscription. The IPO […]
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