Thu, Aug 8, 2024 12:50 PM
RBI move to hold rates to keep housing demand afloat, help homebuyer
A Flip by Riya Sharma
The Top Gainers and Losers Today: The Nifty index concluded the trading session at 23,176.05, reflecting an increase of 0.16%. Throughout the day, the Nifty reached a high of 23,293.65 and a low of 23,146.45. The Sensex exhibited a trading range between 76,991.05 and 76,479.70, ultimately closing 0.29% higher at 76,499.63, which was 224.45 points above its opening price.
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Barflex Polyfilms' initial public offering garnered strong interest from investors, subscribing 120.73 times on January 15, the final day of bidding. The issue was opened subscription on January 10.The flexible packaging materials maker intends to raise Rs 39.42 crore through its 65.69 lakh equity shares at the upper end of price band of Rs 57-60 per share.
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Bank of Maharashtra on January 15 reported 36% y-o-y rise in its consolidated net profit at Rs 1,406.73 crore in the third quarter of FY25. On an annual basis, the bank's total income rose 22% to Rs 7,112.66 crore. After the announcement, Bank of Maharashtra shares closed 3% lower at Rs 51.14 apiece on January 15.
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