Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,397.20, while Sensex ended at 73,828.91.
Not only are shares of Ola Electric Mobility down 34% from their issue price of ₹76 per share, they have corrected nearly 70% from their post-listing high of ₹157.
Stocks rose in Australia, Japan and South Korea in early Monday trade, with futures in Hong Kong also pointing to a higher open.
Brent crude climbed above $71 a barrel after advancing 1% on Friday, with West Texas Intermediate near $68.
Several major companies, including Tata Motors, IndiGo, Adani Enterprises, and Punjab National Bank, are set to engage with analysts and investors this week through key meetings and conferences. Here’s a look at the key meetings lined up for the week.
Bessent, a former hedge fund manager, ran the Key Square Group before joining the Trump administration.
IRFC also falls into the list of those stocks, in which the government could potentially sell stake to comply with the Minimum Public Shareholding (MPS) norms.
From PFC’s interim dividend to Angel One and Castrol India’s payout, these stocks will see corporate actions taking place during the upcoming week.
As many as 19.5 crore shares of seven companies, from Vishal Mega Mart to MobiKwik will become eligible for trading in today’s trading session, as their shareholder lock-in of various timeframes ends.
INOX Clean Energy will be the fifth entity of the $12 billion group to be listed on the bourses.