Sensex Made Another Record, Opened High Of 54576 Points

Sensex made another record, opened at an all-time high of 54576 points.

Strong momentum continues in the stock markets and on Thursday, the main index Sensex of BSE opened at an all-time high of 54576 points.

Till the time of writing the news, Sensex was trading up 47 points at 54417 points. Shares of Bharti Airtel had climbed more than 2.5 percent.

While the NSE Nifty 50 was trading at 16247 points, 11 points below the old close of 16258 points.

Earlier on Wednesday, the BSE Sensex closed at a record 54,369.77, up 546.41 points or 1.02 percent. Overall, Sensex has gained 6,618.44 points or 13.86 percent so far this year.

IPO Dhamaka: All the shares of these companies were sold on the first day, know how much investment was received.

The IPOs of Devyani International, Windlass Biotech, Exxaro Tiles, and Krishna Diagnostics got full subscriptions within hours of opening day on Wednesday.

That is, the investors filled the subscription on the very first day itself. Money can be invested even after the subscription is full. The IPO is open till 6th August.

The IPOs of Devyani International, Windlass Biotech, Exxaro Tiles, and Krishna Diagnostics are open for subscription from Wednesday.

The initial public offering (IPO) of Rs 3600 crore has been offered by these companies at a time when the BSE Sensex is at a record high with the first crossing the 54 thousand mark level.

According to data available with the National Stock Exchange, Windlass Biotech’s IPO was subscribed 3.15 times, Xaro Tiles 4.63 times, Krishna Diagnostics 1.98 times, and Devyani International 2.69 times on the first day of bidding.

Windlass Biotech IPO.

Windlass Biotech has raised over Rs 120 crore from anchor investors before IPO. The company manufactures pharmaceutical formulations.

Anchor investors include ICICI Prudential Mutual Fund, UTI MF, Sundaram MF, Kuber India Fund, BNP Paribas Arbitrage, Elara India Opportunities Fund, Canara HSBC Oriental Bank of Commerce Life Insurance Company.

The company has fixed the IPO price band at Rs 448-460 per share.