Fri, Apr 26, 2024 7:25 PM
UPS And FedEx Confront Obstacles In Going Electric: Report
A Flip by Avya Verma
The initial share sale of Slone Infosystems, which provides IT hardware solutions, had a robust subscription on May 7, the last day of bidding, as investors bought 86.25 crore equity shares against the offer size of 14 lakh equity shares.Non-institutional investors and qualified institutional buyers provided major support to the issue, picking 756 times the reserved portion,
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Foreign institutional investors continued selling Indian equities as they net sold Rs 3,668.84 crore worth of shares. On the other hand, Domestic institutional investors net bought Rs 2,304.50 worth of equities in the session. FII DIIAccording to provisional data from the exchanges, FIIs bought Rs 13,726.76 crore and sold Rs 17,395.60 crore. Meanwhile, DIIs picked up Rs 13,202.80 crore in share.
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India's volatility index , VIX reached a fresh 52-week peak at 16.96 before concluding the session with a 13.56 per cent surge, settling at 16.6 on Monday's trading session. India VIX captured significant attention as it exhibited a characteristic oscillating pattern, plunging by over 20 per cent to dip below the 10 mark on April 23. Subsequently, within the following 8 trading sessions.
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