News Overview

the third day of the bidding, the portion for retail investors was subscribed 17.44 times, the piece for qualified institutional buyers (QIBs) was booked 46.33 times, and the portion for NIIs was booked 32.09 times.

Among the top losers on the Nifty were Adani Enterprises, Coal India, Adani Ports, Power Grid Corporation, and NTPC, while notable gainers included ITC, UltraTech Cement, HCL Technologies, Kotak Mahindra Bank, and ICICI Bank.

The biggest loser was Adani Green Energy, which fell 13% to an intraday low of ₹1,650 a share on the NSE.

Aurobindo Pharma was trading at ₹1,019.75 on the BSE at 14:13 pm, down ₹25.40, or 2.43%.

Analysts at IIFL Capital Services undertake monthly dealers’ check to summarize pricing actions.

The partnership involves a comprehensive agreement with a total value of up to ₹150 Crore.

Vedanta notified the exchanges that the regulator had issued this ruling in a filing dated March 12. The company stated in the filing that it is "in the process of taking appropriate legal steps in respect of the same".

Sheetal Agarwal of IIFL caught up with management of the company, which is launching India's largest SME IPO. Edited Excerpts:

The announcement of the QIP originally pushed Macrotech Developers stock to a record high of ₹1,277.90 on the NSE on March 11.

At 1 PM, the Sensex recorded a decline of 568.06 points or 0.77%, standing at 73,099.90, while the Nifty was down by 215.00 points or 0.96% at 22,120.70. Market activity showed 311 shares advancing, 3,038 declining, and 39 remaining unchanged.