The Rs 824-crore initial public offering (IPO) of Craftsman Automation Limited, subscribed 22% on the first day of bidding so far
Domestic institutional investors (DIIs) were also net sellers to the tune of Rs 163.87 crore in the domestic equity market on March 12.
Shares of MTAR Technologies opened for trading at Rs 1,050 on the National Stock Exchange, compared to the issue price of Rs 575, marking a premium of 82.61%.
Sensex fell 130 points to open at 50,661; while the broader market index Nifty50 opened at 14,992 losing 38 points.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 61 points at the opening bell.
Shares of MTAR Technologies to list on bourses on Monday
The market will react to industrial output and CPI inflation data which was released after market hours on Friday, 12 March 2021.
“...while the RBI may take a call on official cryptocurrency but from our side, we are very clear that we are not shutting off all options,” the finance minister said
Given its record of returns, gold is considered as one of the best-performing asset classes
In a double whammy for the economy, industrial production growth re-entered the negative territory by contracting by 1.6% in January. Markets may be weighed in by WPI and Covid-19 numbers