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The portion for qualified institutional buyers received a whopping 201.91 times subscriptions while the category for non-institutional investors got subscribed 144 times. The part for retail individual investors (RIIs) received 23.42 times subscriptions.

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The market regulator conducted a suo-moto investigation to determine if the Chandra brothers routed funds to the Indian securities market through their UBS AG bank accounts, potentially violating the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) regulations.

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According to bulk deal data from the NSE, Morgan Stanley acquired 17,000,000 shares, representing a 0.5% stake in Axis Bank. The shares were purchased at an average price of Rs 1,225.75 each, totalling Rs 2,083.77 crore.

S&P 500, Nasdaq slip ahead of PMI data

Updated at : 2024-06-21 20:20:01

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The Dow Jones Industrial Average rose 73.75 points, or 0.19%, at the open to 39,208.51.

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After surpassing giants like Microsoft and Apple, Nvidia has become more valuable than some of largest global markets.

Nifty struggled to hold above the day’s opening range, indicating bullish sentiments going sore on the Summer Solstice Day, observed experts.

DLF shares drop 1.74% as Sensex falls

Updated at : 2024-06-21 18:20:01

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The stock quoted a 52-week high of Rs 967.0 and a 52-week low of Rs 461.55.

The benchmark Sensex index fell on Friday, dropping about 269 points to close at 77,209. Despite the market downturn, four stocks in the BSE capital goods index reached their highest prices in the past year.

Adani Ports’ Sensex inclusion will trigger passive inflows of $259 million and 14.9 million shares are expected to be added, according to Nuvama’s estimates. Wipro’s exclusion could see outflows of $170 million.

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