The stock market fell today i.e. on 11 September. Sensex closed at 81,523 with a fall of 398 points. Nifty also fell by 122 points, it closed at 24,918. Out of 30 shares of Sensex, 20 fell and 10 rose. Out of 50 shares of Nifty, 34 fell and 16 rose. There was selling in shares of all sectors except Nifty FMCG. Asian market fell today Western Carriers’ IPO will open on 13 September
The initial public offering i.e. IPO of light logistics company Western Carriers (India) Limited will open on 13 September. Investors will be able to bid for shares till 18 September. The company wants to raise Rs 492.88 crore through this issue. For this, the company will sell a total of 28,655,813 shares. In this, 23,255,813 fresh shares worth Rs 400 crores and the existing investors of the company are selling 5,400,000 shares worth Rs 92.88 crores through Offer for Sale i.e. OFS. On 23rd September, the shares of the company will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The market was bullish yesterday.
Earlier, yesterday i.e. on 10th September, the stock market saw a rise. Sensex closed at 81,921 with a rise of 361 points. Out of its 30 stocks, 24 rose and 6 fell. Nifty also saw a rise of 104 points. It closed at 25,041. 34 stocks of Nifty 50 rose and 16 fell.
