Market, BSE, NSE, NIfty, Stock Market, investment, IPO

IPO Susbcriptions Today: Senores' IPO consisted of a Rs 500-crore fresh fundraise

IPO corner: Senores Pharma subscribed 93x; Carraro 1.1x, Ventive 10x

Business Standard

The offer received bids for 1.46 crore shares as against 1.30 crore shares on offer.

Carraro India IPO subscribed 1.12 times

Capital Market Automatic

The offer received bids for 14.14 crore shares as against 1.44 crore shares on offer.

Ventive Hospitality IPO subscribed 9.80 times

The offer received bids for 79.72 crore shares as against 85.34 lakh shares on offer.

Senores Pharmaceuticals IPO subscribed 93.41 times

The offer received bids for 4.27 crore shares as against 0.47 crore shares on offer.

Unimech Aerospace and Manufacturing IPO subscribed 9.08 times

Infibeam Avenues announced that its flagship payment brand  CCAvenue is now live with Bassein Catholic Co-operative Bank (BCCB). The said alliance includes the internet banking facility of BCCB in the payment network of CCAvenue, allowing its millions of on-boarded merchants to utilize this remunerative payment option for substantial business growth. 

Bassein Catholic Co-operative Bank goes live with CCAvenue payment network


The Indian rupee extended the slide for the second straight session and depreciated 9 paise to settle at a fresh all-time low of 85.20 (provisional) against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities. Indian shares fluctuated before ending on a flat note Tuesday ahead of the Christmas holiday. The benchmark S&P/BSE Sensex hit an intra-day high of 78,877.36 before reversing course to end the session down 67.30 points, or 0.09 percent, from its previous close. Likewise, the broader NSE Nifty index closed down 25.80 points, or 0.11 percent, at 23,727.65, after having hit a high of 23,867.65 earlier. Increased demand of dollar due to month-end payment obligation and the fear of an aggressive import tariff by the Donald Trump administration in the US strengthened the greenback. 


INR extends downside to hit fresh record lows


The key equity indices closed marginally lower on Tuesday, with the Nifty settling below the 23,750 mark. After a brief surge to an intraday high of 23,867.65, the index succumbed to selling pressure. The day witnessed a decline in key sectors, including metals, public sector banks, and IT stocks. Trading activity was subdued as investors reduced their positions ahead of the festive season. Market analysts anticipate a period of subdued market activity in the near term. The absence of major market-moving events, with most key events either concluded or scheduled for January, is likely to keep investor participation muted.


Sensex slips 67 pts, Nifty ends below 23,750; NSE VIX slides 2.5%

Quick Wrap: Nifty Metal Index declines 0.83%

Nifty December futures trade at premium

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