Share Market LIVE Update ,: The shares of Metro Brands, a leading footwear retail company owned by Big Bull Rakesh Jhunjhunwala, are listed today.
Share Market LIVE Blog , | BSE Sensex, Nifty50: Today (December 22) trading will start in the domestic market amid bullish trends in the global markets. SGX Nifty is up 0.30 per cent on the Singaporean Exchange, due to which there are signs of a strong start in the domestic equity market. During trading today, the focus will be on stocks like Reliance, Vodafone Idea, Airtel, Paytm, Future Retail, TCS, HDFC, MapmyIndia, Metro Brands and Wipro. The shares of Metro Brands, a leading footwear retail company owned by Big Bull Rakesh Jhunjhunwala, are listed today. This IPO of Rs 1368 crore was open for subscription between December 10-14 and was subscribed 3.64 times.
Sensex Weightage Change: If the weightage of Reliance may increase in the Sensex, then the height of many big companies including TCS, HDFC Bank is expected to decrease.
Opportunity to invest in the country’s largest cash management company IPO
Investors can invest money in the IPO of CMS Info Systems, the country’s largest cash management company by the number of ATMs and retail pick-up points. This IPO of Rs 1100 crore was open on December 21 and investors will be able to invest in it till December 23. The company has fixed a price band of Rs 205-216 per share and lots of 69 shares to invest in this IPO. This issue has been subscribed 0.40 times on the first day. This issue is purely of Offer for Sale (OFS) i.e. no new equity shares will be issued under it.
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