Mumbai4 minutes ago
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The stock market is witnessing flat trading today i.e. on 11 September. The Sensex is trading at 81,880 with a decline of 40 points. Nifty is also down by 10 points, it is trading at 25,030.
Out of the 30 Sensex stocks, 15 are up and 15 are down. Out of the 50 Nifty stocks, 21 are up and 29 are down. Selling is being seen in banking, auto and realty stocks.
Asian markets fell today
- Today is the last day to bid for the IPO of 3 companies. These include Bajaj Housing Finance Limited, Cross Limited and Tolins Tyres Limited. They will be listed on the stock exchange on 16 September.
- In the Asian market, Japan’s Nikkei is down by 0.81% and Korea’s Kospi is down by 0.22%. Hong Kong’s Hang Seng is down by 1.45% and China’s Shanghai Composite is down by 0.92%.
- On September 10, the Dow Jones of the US market fell 0.23% and closed at 40,736. Meanwhile, the Nasdaq rose 0.84% and closed at 17,025. The S&P500 closed at 5,495 with a gain of 0.45%.
- According to NSE data, foreign investors (FIIs) sold shares worth ₹2,208.23 crore on September 11. During this period, domestic investors (DIIs) sold shares worth ₹275.37 crore.
Western Carriers IPO will open tomorrow The initial public offering (IPO) of light logistics company Western Carriers (India) Limited will open tomorrow. Investors will be able to bid for shares till September 18. The company wants to raise Rs 492.88 crore through this issue. For this, the company will sell a total of 28,655,813 shares.
In this, 23,255,813 fresh shares worth Rs 400 crore and the existing investors of the company are selling 5,400,000 shares worth Rs 92.88 crore through Offer for Sale i.e. OFS. The company’s shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 23 September.
The market was bullish yesterday Earlier, yesterday, i.e. on September 10, the stock market saw a rise. The Sensex closed at 81,921 with a gain of 361 points. Out of its 30 stocks, 24 rose and 6 fell. Nifty also rose by 104 points. It closed at 25,041. 34 stocks of Nifty 50 rose and 16 fell.
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