Adani Enterprises’ follow-on public offer was fully subscribed on the last day of subscription, ie, Tuesday, January 31, 2023, with bidding still open. Qualified Institutional Buyers (QIBs) subscribed 0.97 times, Non-Institutional Investors(NIIS) subscribed 3.26 times, Retail Individual Investors (RIIs) subscribed 0.11 times, shares reserved for employees subscribed 0.52 times and in total out of 4,55,06,791 […]
Domestic equity indices BSE Sensex and NSE Nifty ended lower as bears took over Dalal Street. The markets extended their losses intraday as Sensex gave up the 62,000 level, losing 800 points, settling at 61,799 while Nifty tanks 1.14% to close at 18,414 on the weekly F&O expiry. The fall comes as US Federal Reserve […]
The rupee appreciated 15 paise to close at 81.91 (provisional) against the US dollar on Monday as a firm trend in domestic equities and easing crude oil price boosted investor sentiments. However, selling pressure from foreign institutional investors may weigh on the rupee at higher levels. Also Read: International trade in rupee currency soon: Piyush […]
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