The market has recorded a four -point rise. On the day of the weekly end, the Nifty rose over 100 points to close to 25,200. Bank Nifty is also trading with an increase of about 200 points. Mid-cap and small-cap stocks have performed better today. The most purchases are being seen in oil and gas and capital market shares today. Both sector index rose about 1%. Among the stocks of the capital market, CDSL topped the futures with the highest gains of 3%. Metal, capital goods and NBFCs are also seeing a good lead.
Glotis shares listed at 34% discount from their IPO
Glotis shares today came at a lot of discount in the domestic market. Overall, its IPO was subscribed 2.12 times. The stocks were released at a price of ₹ 129 under IPO. Today, it opened at ₹ 88.00 on BSE and ₹ 84.00 on NSE, which means that IPO investors did not get any listing benefits, but about 34% of their capital drowned.
IPO of LG Electronics opened today
IPO of LG Electronics India opened today. The price band is between ₹ 1,080 and ₹ 1,140. There is a plan to raise around ₹ 11,600 crore with this issue. The company has raised ₹ 3,475 crore from anchor investors.
Snowman Logistics signed the agreement for a new temperature-controlled warehouse in Pune
The leading provider of integrated temperature-controlled logistics services in India, Snowman Logistics, is proud to announce the construction of a new temperature-controlled warehouse facility in Pune. The facility is being developed under the Built-to-Surite (BTS) model by the Veteransal Infra, an experienced developer of the region. The snowman already operates 16,000 palettes in Pune and with this new 5,900 palette plant, which is expected to be operational by June 2026, its goal is to meet the rapidly growing demand of high-quality, temperature-control services.
Oil and gas, capital market shares rise
Oil and gas and capital market shares saw the most purchases today. The shares of both regions increased by about 1% on the index. Among the capital market shares, CDSL topped the futures with the highest gains of 3%. Metal, capital goods and NBFCs also saw an edge.
