Nifty IT surges 2.2% as IT stocks buck market-wide selloff
Nifty IT leaps 2.21% amid mixed markets as Wipro, Infosys, Mphasis lead gains; broader indices remain weak.
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Nifty IT leaps 2.21% amid mixed markets as Wipro, Infosys, Mphasis lead gains; broader indices remain weak.
Carlsberg India aims for a $700 million IPO with roadshows, potentially launching in December, via a secondary share sale.
The Nifty Midcap 100 declined 1.7% and Nifty Smallcap 100 fell 2.4%, indicating that the selling was broader and deeper than headline index moves suggested
SFC Environmental Technologies’ ₹668-crore IPO opens October 27 at ₹313–330 per share, with a fresh issue, offer for sale and listing planned for November 3.
Shares of Reliance Industries climbed 2 per cent on the stock exchanges on Wednesday as its digital arm Jio Platforms’ Rs 30,213-crore initial public offering achieved full subscription in just 100 minutes of opening, setting a record for the fastest subscription of a public issue.
HDFC Bank shares traded 0.62% lower at ₹707.60 on the NSE Wednesday afternoon, extending losses from Monday’s 3 per cent slide, as investors continued to book profits following the bank’s Q2 FY27 results released on Saturday.
Kotak Neo’s Shrikant Chouhan sees long-term value in large-cap stocks as Nifty nears 22,000 support, but warns of uncertainty over US-Iran developments.
Jio Platforms IPO GMP Day 1 live updates: Issue subscribed 0.91 times; check QIB, NII, retail and employee subscription status, GMP and issue details. Follow Businessline for more updates.
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