Sensex, Nifty end lower as auto stocks, financials drag
Indian shares closed lower on Monday, weighed by losses in auto stocks after a rally last week, along with selling in financial stocks. The NSE Nifty ......
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Indian shares closed lower on Monday, weighed by losses in auto stocks after a rally last week, along with selling in financial stocks. The NSE Nifty ......
Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark. On Friday, the index ended 0.2% down at 19,731.80 points.
Tata Group will go public with Tata Technologies IPO on November 22 which will be the conglomerate's first public offering in 20 years.
“The pulling of the brake by the RBI on this unsecured lending by banks and other lending institutions is a welcome step.”
Protean eGov Technologies stock soared 43 percent from its IPO price, while ASK Automotive closed 10 percent higher