Sensex jumped 460 points to open at 50,901. Nifty50 opened at 15,085 rallying 128 points.
The grey market premium for the issue is quoting in the range of Rs 290-320 apiece implying a premium of 52-57%.
Sensex ends at 50,441up 35 points. Nifty50 index closed at 14,956 levels, up 18 points.
Experts believe the spate of acquisitions across verticals has led to this metaphoric rise
MFs cumulatively withdrew Rs 78,308 crore in the last nine-months between June 2020 and February 2021.
Tracking positive global news Indian benchmark indices opened on a strong footing. Sensex jumps 325 points to open at 50,730; while the boarder market index Nifty50 opened above the 15,000 mark at 15,029 gaining 81 points. ONGC, M&M, HDFC Bank, NTPC & Maruti were top gainers on the Sensex. While stocks like Bajaj Auto, Powergrid, […]
Ahead of the IPO, the issue is quoting at a GMP (grey market premium) of Rs 165 per share offering close to 90% premium over the offer price.
Sensex ended at 50,405, showing a decline of 440 points or 0.87% over the previous close.
Market experts suggest staying invested in the Heranba for the long-term.
Gujarat-based agrochemical player Heranba Industries listed at Rs 927, marking a premium of 47.85% on the BSE.