Today i.e. on 12th September, the stock market is seeing an upswing. The Sensex is trading at 81,950, up over 400 points. The Nifty is also trading at 25,060, up 140 points. Out of 30 stocks in Sensex, 19 are rising and 11 are falling. Out of 50 stocks in Nifty, 39 are rising and 11 are falling. Most Asian markets bounce Last day to bid for PN Gadgil Jewellers' IPO Today is the last day to bid for the IPO or initial public offering of PN Gadgil Jewelers Limited. The IPO was opened on September 10. PN Gadgil Jewellers' IPO has been subscribed a total of 7.11 times in two days. The IPO was subscribed 7.28 times in the retail category, 0.10 times in the qualified institutional buyers (QIB) category and 16.09 times in the non-institutional investors (NII) category. The company's shares will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on September 17. Yesterday the market saw a decline Earlier yesterday i.e. on 11th September, the stock market saw a decline. The Sensex closed down 398 points at 81,523. The Nifty also saw a decline of 122 points, closing at 24,918. Of the 30 Sensex stocks, 20 declined and 10 advanced. Out of 50 Nifty stocks, 34 declined and 16 advanced. Apart from Nifty FMCG, shares of all sectors saw a sell-off.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).