The issue was subscribed about 81 per cent on the opening day of bidding on Monday. The price range for the initial public offering (IPO) has been fixed at Rs 315-320 per share. from Markets https://ift.tt/2o7bGXG
In the past month, SCI (zoomed 77 per cent), BPCL (up 44 per cent) and Concor (up 27 per cent) have outperformed the benchmark S&P BSE Sensex, which gained 4 per cent during the same period. from Markets https://ift.tt/2o6yR44
The domestic unit declined 31 paise to close at 70.87 on Monday amid rising demand for the greenback vis-a-vis other currencies overseas. from Markets https://ift.tt/2nhnc2s
Rupee debt sold off in the past two months, the longest run of losses in a year, after the government's surprise $20 billion tax cut sparked fears of missing deficit targets from Markets https://ift.tt/2msLqGx