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The stock market is witnessing a rise today i.e. on 22nd August. The Sensex is trading at the level of 81,100 with a gain of more than 200 points. Nifty 50 is also up by more than 50 points. It is trading at the level of 24,850. During the initial trading, 23 out of 30 Sensex stocks are up and 7 are down.
Japan’s Nikkei index rises
- There is mixed trading in Asian markets. Japan’s Nikkei index is up 0.63% and Hong Kong’s Hang Seng is up 0.25%. China’s Shanghai Composite is down 0.08%.
- On Wednesday, the US market Dow Jones closed at 40,890, up 55.52 (0.14%) points. Whereas NASDAQ closed at 17,918, down 102.05 (0.57%) points.
- According to NSE data, foreign investors (FIIs) sold shares worth ₹799.74 crore on August 21. Domestic investors (DIIs) bought shares worth ₹3,097.45 crore.
Orient Technologies IPO Day 2
Today is the second day of the Initial Public Offering (IPO) of IT solutions providing company Orient Technologies. Investors will be able to bid for its shares till August 23. The company wants to raise Rs 214.76 crore through this issue.
Orient Technologies has fixed the price band of this issue from Rs 195 to Rs 206. Retail investors can bid for a minimum of one lot i.e. 72 shares. If you apply for 1 lot as per the upper price band of the IPO of Rs 206, then you will have to invest ₹ 14,832 for it. Read full news
The market was bullish yesterday
Earlier, yesterday, i.e. on 21st August, the stock market witnessed a rise. The Sensex closed at 80,905 with a rise of 102 points (0.13%). On the other hand, the Nifty rose by 71 points (0.29%). It closed at 24,770.
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