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Sectorally, buying was seen in consumer durables, realty, healthcare and auto stocks while energy, public sector and oil & gas stocks saw some selling pressure on Tuesday.

The Board in consultation with book-running lead managers JM Financial, Citigroup Global Markets and BofA Securities finalised allocation of 1.58 crore shares to anchor investors at Rs 500 apiece. Some of the marquee funds which participated in the anchor round include Fidelity, HSBC, Goldman Sachs, JM Financial MF, Kotak MF, Axis MF, Motilal Oswal, Edelweiss MF, Mirae Asset among others.

In the grey market, Flair Writing is fetching a premium of Rs 60 ahead of the issue opening. This compares with the upper price band of Rs 304. The IPO comprises fresh issue of Rs 292 crore and an OFS of Rs 301 crore. Under the OFS segment, Khubilal Jugraj Rathod will offload shares worth Rs 76 crore, Vimalchand Jugraj Rathod will sell up to Rs 57 crore. Other selling shareholders include Nirmala Khubilal Rathod, Manjula Vimalchand Rathod.

The 52-week high is a crucial technical indicator for traders and investors, representing the highest price a stock has achieved in the preceding year.

GLOBAL-Oil retreats on caution ahead of OPEC+ meeting

The Dow Jones Industrial Average fell 46.20 points, or 0.13%, at the open to 35,104.84.

"Investment is being made into a growing company that is doing well in the space of online delivery of meat products (fresh and ready-to-cook/eat)," HMVL said