business / October 28, 2024

Stock market booms before Dhanteras, investors become rich

New Delhi.

To welcome Dhanteras, a boom is being seen in the initial trading of the domestic stock market on Monday, 28 October 2024.

Bombay Stock Exchange (BSE)’s main sensitive index Sensex opened 251.

38 points higher at 79,653.

67 points.

At the same time, Nifty of National Stock Exchange (NSE) also started its trading at 24,251.

10 points with a gain of 70.

30 points.

Earlier on Friday, Sensex fell by 662.

87 points and slipped from its record 80,000 level to 79,402.

29 points and Nifty also fell by 218.

60 points and closed at 24,180.

80 points.

In the early trading of the stock market, shares of 11 out of 30 companies listed in BSE Sensex are trading with gains.

Whereas, out of 2,388 companies of NSE Nifty 50, shares of 1,495 are trading with an increase, 811 with a decline and 82 shares are trading without any change.

On the other hand, the IPO of Waaree Energies has received a very good response from the investors.

It was subscribed 76.

34 times on the last day of IPO open.

Institutional investors have shown the most interest in this IPO.

The price band of this IPO was Rs 1,427 to Rs 1,503 per share.

Through this IPO, the company issued fresh shares worth Rs 3,600 crore.

At the same time, Rs 48 lakh was released under equity offer for sale.

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