A decline is being seen in the stock market today i.e. on 18th November. Sensex is trading at the level of 77,800 with a gain of more than 100 points. At the same time, there is a rise of about 20 points in Nifty, it is trading at the level of 23,550.
During early trading, out of 30 Sensex stocks, 19 were seen rising and 11 were declining. Today, more growth is being seen in banking and metal shares. There is a decline in IT and FMCG shares today.
Mixed business for Asian markets
- In the Asian market, Japan's Nikkei is down by 0.78%. Whereas Korea's Kospi is seeing a rise of 2.06% and China's Shanghai Composite is seeing a rise of 1.24%.
- The IPO of NTPC's subsidiary company NTPC Green Energy Limited will open on November 19. Investors will be able to 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 fell 2.24% to 18,680.
Last day of Jinka Logistics Solutions IPO
Today is the third and last day of bidding for the IPO of Jinka Logistics Solutions. This issue has been subscribed total 32% in two days. This 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.
There was a decline in the market last week
Earlier on Thursday i.e. on November 14, the Sensex had fallen by 110 points and closed at the level of 77,580. Nifty also fell by 26 points, it closed at the level of 23,532. At the same time, BSE Smallcap rose 429 points and closed at 52,381.
Graphics Source: VaskarAssets