Sensex ends at 50,441up 35 points. Nifty50 index closed at 14,956 levels, up 18 points.
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
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.
Investors who want returns like debt with a lower tax impact should consider arbitrage funds in their portfolio, said Arnav Pandya, founder, Moneyedus
Sensex falls 406 points to open at 50,439; Nifty at 14,977 slips 102 points dragged by banks & financials.
Keval Bhanushali, CEO of Marwadi Shares & Finance, shares investment insights
The ongoing rally on Dalal Street coupled with reasonable valuations may help Heranba Industries make a strong debut on bourses on March 5.
28 of 30 Sensex stocks opened in the red.