Sensex and Nifty close to record highs; Hero Moto, Bajaj Auto, and Airtel lead

The IPO was a fresh issuance of shares of up to ₹3,560 crore and an offer-for-sale (OFS) component of shares to the tune of ₹3,000 crore by parent Bajaj Finance.
Bajaj Housing Finance IPO Listing Live Update at 9:06 am: Financials
Particulars FY22 FY23 FY24 Q1 FY25
Revenue ₹3,766 crore ₹5,664 crore ₹7,617 crore ₹2,208 crore
Net Profit ₹709 crore ₹1,257 crore ₹1,731 crore ₹482 crore
Bajaj Housing Finance IPO Listing Live Update at 8:48 am: Subscription status
Category Number of times subscription
Qualified Institutional Buyers (QIBs) 209.36
Non-institutional investors 41.51
Retail Individual Investors (RIIs) 7.04
Total 63.61
Bajaj Housing Finance IPO Listing Live Update at 8:34 am: At what time will the shares be listed?

Bajaj Housing Finance shares will be listed on the NSE and the BSE on Monday at 10 am.

Bajaj Housing Finance IPO Listing LIVE: Shares of most-awaited Bajaj Housing Finance will debut on the stock exchanges – the National Stock Exchange (NSE) and the BSE – on Monday, September 16. The ₹6,560-crore Bajaj Housing Finance IPO, which was open for bidding from September 9 to September 11, was subscribed 63.61 times. Bids were received for 46,28,35,82,522 equity shares against 72,75,75,756 shares on offer. The qualified institutional buyers (QIBs) part attracted a staggering 209.36 times the subscription, while the non-institutional investors (NIIs) quota received 41.51 times the subscription. The category for retail investors (RIIs) obtained 7.04 times the subscription.

Nifty scales above 24,750; private bank share rally

December 2, 2024 7:43 am

The frontline indices traded with strong gains in mid-afternoon trade. The Nifty traded above the 24,750 mark after hitting the day’s low of 24,295.55 in mid-morning trade. Private bank shares witnessed buying demand for the fourth consecutive trading session. Trading was volatile due to the weekly F&O series expiry today.

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Here are the key factors fuelling this rally!

November 25, 2024 8:28 am

The bulls made a strong comeback on the Street, with the benchmark indices Nifty and Sensex surging nearly 2 percent each, propelling investor wealth by a staggering Rs 8.5 lakh crore in just one day. A confluence of factors—including the positive outcome of the Maharashtra elections, encouraging signals from Asian and US markets, and a welcome dip in foreign outflows—sparked widespread buying across the bourses.

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Here are top the factors behind today’s rally

November 22, 2024 9:21 am

Indian benchmark indices BSE Sensex and Nifty 50 were trading higher on Friday.

At 2 PM, the BSE Sensex was at 78,657, up 1,501 points, or 1.95 per cent, while the Nifty 50 was at 23,793, up 443 points, or 1.9 per cent.

After opening bell, 20 out of the 30 stocks on the BSE Sensex were trading higher, with gains of up to 1.17 per cent, led by SBI, followed by ICICI Bank, Tata Motors, IndusInd Bank, and Tech Mahindra. Among the top drags were Adani Ports & SEZ (down 3.28 per cent), followed by TCS, ITC, Titan, and Nestle India.

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5 key factors driven the market down

November 21, 2024 10:11 am

A day after snapping their multi-day losing streak, Indian stock market benchmarks- the Sensex and the Nifty 50- resumed their downward march on Thursday, November 21, amid weak global cues.

The domestic market witnessed a broad selloff as mid and small-cap segments also suffered losses.

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