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These debentures, with a face value of ₹100,000 each and a quarterly interest payout, were allotted earlier this year, and will mature in March 2025. Earlier this month, the company’s board also approved raising ₹3,400 crore through non-convertible debentures on a private placement basis.

More than half of the survey participants of traders surveyed claimed they buy more to average out their losses in trades, said Sharekhan, terming the findings of its ‘Serious About The Markets’ pan-India study a ‘worrying’ trend.

Innova Captab IPO was subscribed 55.26 times on the last day of bidding. The issue received bids for 50,16,58,245 shares against the offered 90,78,010 shares.

The Dow Jones Industrial Average fell 26.71 points, or 0.07%, at the open to 37,518.62.

The company is offering its shares at Rs 51-54 apiece, and investors can bid for 2,000 shares in one lot.

The S&P BSE Sensex closed 0.98% higher at 72,038, while the NSE Nifty 50 index closed above the 21,650 level.

​Gold touched its highest in more than three weeks on Wednesday, as traders bought zero-yield bullion in anticipation of U.S. interest rate cuts next year, while a dip in the dollar and bond yields also supported prices.

​The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday on expectations that the Federal Reserve could soon cut interest rates.

The difference between the market cap of Hong Kong and India has narrowed sharply to $500 billion. Here’s a review of 5-year market capitalisation growth rate of global markets