Sector-wise, the power index fell by 1%, and sectors like pharma, oil & gas, auto, and IT ended marginally lower.
The approval covers both two-wheelers and three-wheelers, making Bajaj Auto the only company to get approval for all its requested products under the PLI scheme.
The ₹600.29 Crore IPO comprised a fresh issue of 22 lakh shares worth up to ₹200 Crore and an Offer For Sale (OFS) of 44 lakh shares valued at ₹400.29 Crore by the selling shareholders.
Paytm is also seeking approval for the reappointment of Ravi Chandra Adusumalli, Elevation Capital's Founder and Co-Managing Partner.
The scooter now features iGo assist technology, an intelligent start-stop system, and an integrated starter generator.
Among the top gainers in the Nifty are Grasim, Tata Consumer Products, Bharti Airtel, and Hero Motocorp.
Investors can bid for a minimum of 72 equity shares and in multiples thereafter.
The Fed minutes on August 21, 2024 gave the first clear hint that rate cuts would happen in September
The increase of Punch reflects a shift in customer choice towards alternative fuel options, which now account for over half of the top five sales.
At 12:32 p.m., the stock was trading 10.17% higher at ₹263.1 on the BSE. The stock was listed on November 29, 2023

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