Indobell Insulation IPO allotment status is set to be announced today, January 9, with refunds expected on January 10 and listing on January 13. The IPO was oversubscribed 54.13 times, with a grey market premium of ₹17, indicating a possible listing price of ₹63. Investors can check allotment status through the registrar or BSE websites.
Open FlipThe Indian Benchmark Index Sensex and Nifty is trading in Red on January 9, 2024. At 1:48 pm, Sensex is currently trading at 77,644 (-0.64%) which is a 504 points slide than the previous close. Nifty is currently trading at 23,535 (-0.65%) which is a 153 points dip than the previous close. HUL, Nestle, M&M, Kotak Mahindra, Asian Paints, Bharti Airtel and HCL Tech are top gainers.
Open FlipBorosil Renewables' shares surged 40% in 6 weeks, locked in a 5% upper circuit for the third consecutive day, after the company announced a 50% expansion in its solar glass manufacturing capacity, driven by the government's move to impose a "reference price" on imports from China and Vietnam, aimed at curbing cheap and dumped imports.
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