Stock market fell for the third consecutive day: Sensex fell by 570 points and closed at 66,230, Nifty also slipped by 159 points.
There has been a big decline in the stock market today i.e. Thursday, 21st September. Sensex closed at 66,230 with a fall of 570 points. At the same time, Nifty also declined by 159 points, it closed at the level of 19,742. Out of 30 Sensex stocks, 23 have seen a decline and only 7 have seen an increase.
Bhavika Nandwana
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This was the third consecutive trading day of decline in the stock market. Auto, banking and realty stocks declined. There was pressure on metal, FMCG and IT shares. Whereas the shares of EMS Limited rose by 32%.
Shares of EMS Limited rose by 32%
The shares of EMS Limited are listed on the exchange at a premium of 33%. The share was listed on BSE at a price of Rs 281.55. While the issue price was Rs 211 per share. That means investors made a huge profit of 33.5% as soon as the shares were listed. However, after this there was a slight decline in the share and it closed at Rs 278 with a gain of 32%.
Vaibhav Gems and Jewelers Limited's IPO will open tomorrow
The IPO of Vaibhav Gems and Jewelers Limited is opening tomorrow i.e. from 22nd September. Retail investors can apply for this IPO from September 22 to September 26. The price band of this IPO has been fixed at ₹204-₹215. Retail investors can bid for a minimum of one lot i.e. 69 shares. If you apply for 1 lot at the upper price band of IPO of ₹ 215, then you will have to invest ₹ 14,835.
At the same time, retail investors can bid for a maximum of 13 lots i.e. 897 shares for this IPO. For this he will have to spend ₹ 192,855 as per the upper price band. On October 6, the company's shares will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Vaibhav Gems and Jewelers Limited wants to raise ₹270.20 crore through this IPO.
There was a big fall in the market yesterday
Earlier yesterday i.e. on Wednesday, 20th September, a big fall was seen in the stock market. The Sensex fell by 796 points and closed at the level of 66,800. At the same time, Nifty also declined by 231 points, it closed at the level of 19,901. Out of 30 Sensex stocks, 23 saw a decline and only 7 saw a rise.
