In today’s market wrap-up, the Share Market Today Live Updates bring exciting news for investors and traders alike. The Nifty 50 and Sensex movements were closely tracked, revealing interesting trends in the market.
One of the highlights of the day was the IPO News Today Live Updates, with Bajaj Housing Finance filing a Draft Red Herring Prospectus (DRHP) with SEBI to raise a whopping ₹7,000 crore via IPO. This move is expected to shake up the market and attract significant investor interest.
Another IPO to watch out for is the ixigo IPO, set to open on June 10 with a price band of ₹88 to ₹93 per share. The allocation breakdown includes 75% to Qualified Institutional Buyers (QIBs), 15% to non-institutional investors, and 10% to retail investors. The market sentiment towards this IPO is positive, as indicated by the Grey Market Premium (GMP).
In other news, the Stock Markets Today Live Updates shed light on the potential gains for four Bihar-based firms following Nitish Kumar’s pivotal role in the BJP-led NDA. This alliance could lead to industrial growth and employment opportunities for these companies, making them attractive investment options.
Lastly, market expert Sumeet Bagadia recommended three stocks for Monday – June 10: Tech Mahindra Ltd, UltraTech Cement Ltd, and Dr Reddy’s Laboratories Ltd. Investors are advised to keep an eye on these stocks for potential trading opportunities.
Stay tuned to Mint’s market blog for real-time updates on these and other market developments.