Mumbai9 minutes ago
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The stock market is witnessing a boom today i.e. on 15th July. The Sensex is trading at the level of 80,650 with a gain of more than 100 points. At the same time, the Nifty is also up by more than 50 points. It is trading at the level of 24,550.
Out of the 30 Sensex stocks, 18 are seeing a rise and 12 are seeing a fall. Today, IT, metal and auto stocks are seeing a rise. Earlier, on Friday, July 12, the stock market had reached its all-time high.
Mixed business for Asian markets
- Mixed trading is being seen in Asian markets today. Hong Kong’s Hang Seng has fallen by 1.29%. However, China’s Shanghai Composite has risen by 0.11%. Japan’s stock market is closed today.
- HCL Tech, Reliance, TCS, Tata Motors, M&M, Maruti and UltraTech Cement are pulling the market up. ICICI Bank, Axis Bank, Tata Steel and Asian Paints are pulling the market down.
- On Friday, the US market witnessed a rise. The Dow Jones closed at 39,344, up 247 (0.62%) points. Whereas the NASDAQ closed at 18,398, up 115.04 (0.63%) points.
Sunstar Limited’s IPO will open on July 19
Sunstar Limited’s Initial Public Offer i.e. IPO will open on July 19. Investors will be able to bid for this issue till July 23. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on July 26.
The price band of this issue is ₹90-₹95. Retail investors can bid for a minimum of one lot i.e. 150 shares. If you apply for 1 lot as per the upper price band of the IPO of ₹95, then you will have to invest ₹14,250 for it. Click here to read full news
The market had made an all-time high on Friday
Earlier last week on Friday (12 July) the stock market had made an all-time high. Sensex had made an all-time high of 80,893 and Nifty of 24,592. However, later the market came down slightly from the record high and Sensex closed at 80,519, up 622 points and Nifty closed at 24,502, up 186 points.
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