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The rupee declined by 7 paise to close at 83.45 against the US dollar on Monday as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision.
On April 22, the Maharashtra-based company raised Rs 194.84 crore through the anchor book.
The 30-share BSE Sensex climbed 152.31 points to 74,823.59 in morning deals. The NSE Nifty went up by 52.9 points to 22,696.30.
JNK India's listing exceeded expectations with a remarkable debut. Analysts anticipate potential volatility post-initial surge but affirm strong fundamentals and a positive outlook, indicating long-term promise.
The JNK India IPO ran from April 23 to April 25. The Thane-based company had offered shares in the fixed price band of Rs 395-415 per share. The lot size stood at 36 shares.