Benchmark equity indices — the Sensex and the Nifty50 — rallied for the second straight session on Monday following encouraging domestic macroeconomic data amid a firm trend in global markets.
The BSE benchmark Sensex climbed 240.98 points or 0.37 per cent to settle at 65,628.14. During the day, it jumped 296.75 points or 0.45 per cent to 65,683.91. The Nifty rose 93.50 points or 0.48 per cent to end at 19,528.80.
Jio Financial recovers losses since listing
Shares of Jio Financial Services on Monday rose for the fifth consecutive day and recouped all the losses made post its listing on August 22.
Water and sewerage infra player EMS Ltd on Monday said it has fixed a price band of Rs 200-211 apiece for its Rs 321-crore initial public offering (IPO).
The issue will open for public subscription during September 8-12 and the bidding for anchor investors will open on September 7, the company said in a statement.
The IPO comprises fresh issue of equity shares worth Rs 146.24 crore and an offer for sale (OFS) of 82.94 lakh shares by promoter and founder Ramveer Singh. Currently, Singh holds 97.81 per cent stake in the company.
In the pre-IPO placement round, the Ghaziabad-based firm raised Rs 33.76 crore.
First Published: Sep 04 2023 | 10:35 PM IST