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- Stock Market BSE Sensex NSE Nifty Updates । Ola Electric Mobility Share Listing
Mumbai10 minutes ago
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Today, on the last trading day of the week, i.e. on August 9, the stock market is witnessing a boom. The Sensex is trading at the level of 79,870 with a gain of more than 900 points.
At the same time, Nifty is also up by 300 points, it is trading at the level of 24,400. All 30 stocks of Sensex are in a rise. Out of 50 stocks of Nifty, 49 are seeing a rise and 1 is seeing a fall.
Ola Electric shares listing today
Shares of Ola Electric Mobility will be listed on the stock exchange today. This Initial Public Offer i.e. IPO was open for bidding from August 2 to August 6.
The issue was subscribed a total of 4.45 times in three trading days. The IPO was subscribed 4.05 times in the retail category, 5.53 times in qualified institutional buyers (QIB) and 2.51 times in the non-institutional investors (NII) category.
Asian markets are up today
- Infosys, ICICI Bank, TCS and HDFC Bank are pulling the market up. Infosys has the highest contribution of 97.68 points in increasing the market. Currently, there is not a single stock that can bring down the Sensex.
- There is a rise in the Asian market today. Japan’s Nikkei has risen by 1.58% and Hong Kong’s Hang Seng has risen by 1.99%. China’s Shanghai Composite has risen by 0.38% and Korea’s Kospi has fallen by 1.51%.
- Foreign Institutional Investors (FIIs) sold shares worth ₹2,626.73 crore on August 8. During this period, Domestic Institutional Investors (DIIs) bought shares worth ₹577.30 crore. That is, foreign investors are still selling.
- On Thursday, the Dow Jones of the US market rose 1.76% and closed at 39,446. The Nasdaq also rose 2.87% and closed at 16,660. The S&P500 closed at 5,319 with a fall of 2.30%.
Saraswati Saree Depot IPO will open on 12th August
The Initial Public Offer i.e. IPO of Saraswati Saree Depot Limited will open on August 12. Investors will be able to bid for this IPO till August 14. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on August 20.
The price band of this issue has been fixed at ₹152-₹160. Retail investors can bid for a minimum of one lot i.e. 90 shares. If you apply for 1 lot as per the upper price band of the IPO of ₹160, then you will have to invest ₹14,400 for it.
There was a decline in the market yesterday
Earlier, there was a decline in the stock market yesterday i.e. on August 8. The Sensex closed at 78,886 with a decline of 581 points.
Nifty also fell by 180 points and closed at 24,117. Out of 30 Sensex stocks, 24 fell and 6 rose. Out of 50 Nifty stocks, 41 fell and 9 rose.
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