Today i.e. on 18th November, the stock market is showing a decline. The Sensex is trading around 500 points lower at 77,100. Also, the Nifty is also trading down over 150 points at 23,400.
Out of 30 Sensex stocks, 21 declined and 9 gained in early trade. Today, banking and metal shares are seeing more surge. IT and FMCG stocks are down today.
Mixed business for Asian markets
- In Asian markets, Japan's Nikkei is down 0.78%. While Korea's Kospi rose by 2.06% and China's Shanghai Composite rose by 1.24%.
- NTPC's subsidiary company NTPC Green Energy Limited's IPO will open on November 19. Investors can bid for this public issue till November 22.
- On November 15, the US Dow Jones fell 0.70% to 43,444 and the S&P 500 fell 1.32% to 5,870. The Nasdaq closed down 2.24% at 18,680.
Last day of Jinka Logistics Solutions IPO
Today is the third and last day of bidding for Jinka Logistics Solutions' IPO. The issue has been subscribed by a total of 32% in two days. The IPO has been subscribed 92% in the Retail category, 25% in the Qualified Institutional Buyers (QIB) category and 4% in the Non-Institutional Investors (NII) category.
Last week the market saw a decline
Earlier, on Thursday i.e. November 14, the Sensex fell by 110 points to close at the level of 77,580. The Nifty also closed down 26 points at 23,532. At the same time, BSE Smallcap rose 429 points to close at 52,381.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
