Auto Sector

Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.

In revenues, LTTS has crossed USD1bn and aspires to reach USD1.5bn revenue run rate by FY25.

The company had set an IPO price band of Rs 200-211.

The IRDAI, the nodal regulator for insurance business in India, has released the full month data stack for all the private and public sector life insurance companies for the month of August 2023.

The price band for this offering, which is set to close on September 22, is fixed at Rs 210-222 per share.

Signature Global India aims to raise Rs 730 crore through the public issue, with the upper end of the price band set at Rs 366-385 per share.

The offering had a price band set at Rs 983-1,035 per share.

The offering's price range, which was open for subscription starting from September 18, ranged from Rs 135 to Rs 142 per share.

The only gainers on the Nifty were Power Grid Corporation, Coal India, ONGC, Sun Pharma, and Asian Paints.

The company is raising Rs 100 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot. The NCD has received rating of [ICRA] AA-/Stable by ICRA.