The BSE Midcap index dipped by 0.6%, while the Smallcap index closed flat.
Hindalco was trying to sell up to 8.6% of Novelis, including a green shoe option, at a price range of $18 to $21 per share.
Investors bid for 70.56 crore equity shares, which exceeded the offer amount of 74.5 lakh shares.
Fed has almost hinted at a 25 bps rate cut in September, but CME Fedwatch seems to be inordinately optimistic
It comes against the backdrop of the company's intentions to increase billet capacity to 1.2 million tonnes per year.
This project expands the company's energy solution capabilities and helps it move to an energy products and services company, it said.
It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance
The geological survey has confirmed the presence of gold deposits, and the state government is taking steps to auction the block.
After 3 weeks of selling, the FPIs again turned net buyers in the week with net infusion of $584 Million
If the Fed minutes were the first official indication of rate cut, Powell’s Jackson Hole speech was almost the affirmation
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