Jio Platforms shares in focus as IPO debuts today; Sensex drops 618 points, Nifty falls below 22,600
India, Oct. 28 -- Both Sensex and Nifty opened lower on Wednesday as investors tracked the stock market debut of Reliance-backed Jio Platforms. The BSE Sensex fell 617.84 points, or 0.84%, to 72,980.83, while the NSE Nifty dropped 164 points, or 0.72%, to 22,585.75.
Jio Platforms' listing is a key focus for investors, with market participants watching its debut performance amid heightened attention on the initial public offering (IPO). The stock's listing price and early trading trend will be closely watched for indications of investor appetite for large new listings.
The weak opening came as GIFT Nifty signalled a cautious start for domestic equities ahead of the US Federal Reserve's policy decision later in the day. Investors are also...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.