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The stock quoted a 52-week high price of Rs 171.8 and a 52-week low of Rs 91.0.

The Nifty future closed on Saturday. India VIX was down by 1.90% from 13.88 to 13.80 levels. Volatility cooled off after spiking to higher zones during the week.

Nova Agritech IPO comprises a fresh equity issue of Rs 112 crore and an offer-for-sale (OFS) of 77.58 lakh shares, The IPO opens today and closes on January 25. The company has fixed a price band of Rs 39-41 for the IPO and investors can bid for 365 shares in one lot. About 50% of the shares will be available for allocation to qualified institutional buyers (QIBs), 15% to non-institutional investors (NIIs), and 35% to retail investors.

Maxposure shares debut on NSE SME platform with a premium of 339.4% after a successful IPO. The IPO, consisting of a fresh equity sale of 61.4 lakh shares, received over 900 times subscription. The stock listed at Rs 145 on NSE, compared with an offer price of Rs 33. The strong buzz was reflected in the grey market premium as well, with investors willing to pay a GMP of Rs 70. The net proceeds from the IPO will be used for various purposes including funding expenses, working capital requirements, and debt repayment.

Brokerage firm Jefferies maintained a buy call on ICICI Bank post-Q3 results, a hold rating on Kotak Mahindra Bank, and a buy rating on Paytm. CLSA downgraded Zee Entertainment to sell from a buy earlier.

At the interbank foreign exchange, the rupee opened at 83.11 against the dollar, then fell to 83.13, registering a fall of 6 paise from its previous close.

New-age consumer technology stocks continue to attract investors on Dalal Street. Mutual funds and foreign institutional investors have increased stakes in five out of the six listed companies in the December quarter. Zomato is the top-performing stock, with a staggering 154% returns in FY24. Paytm, PB Fintech, and Nykaa have also seen an increase in investor interest. Ant Group has exited Zomato, while One97 Communications and Delhivery have trimmed down their losses. Analysts remain positive on Paytm and PB Fintech, but less bullish on Nykaa due to competition in its segments.

Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 103996.65 Crore).

Nifty, which had formed a bearish engulfing pattern on the weekly as well as on daily charts, opened Tuesday’s trading session on a strong note with the index scaling above the 21,700 level.