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As the curtains draw on the trading year, the market experienced mild profit booking on the final trading day. However, the prevailing optimism is anticipated to spill over into the new year, buoyed by the excitement surrounding rate cuts and the decline in bond yields.
On Wednesday, 1993 stocks advanced, 1815 declined and 106 remained unchanged, with an advance decline ratio of 0.20 on the Bombay Stock Exchange (BSE), indicating deeply negative closing of stocks in broader markets.
Shares of Nirman Agri Genetic hit an upper circuit of Rs 183.75 on Thursday. The stock has surged more than 275 per cent from its 52-week lows.
The SME IPO offering size from VELS Films International Ltd is 3,408,000 equity shares valued at Rs. 33.74 Cr.