December 22, 2023
New Delhi, India
Positive Momentum Propels Sensex and Nifty: Wipro Surges Over 7%
Sensex Climbs 300 Points: Riding on positive global trends, Sensex gains 315.60 points, reaching 71,180.70.
Nifty Around 21,350: Nifty sees an upward movement of 108.60 points, trading at 21,363.
Top Gainers on NSE:
Wipro Ltd leads with a surge of 6.34%, followed by HCL Technologies Ltd (2.89%) and Coal India Ltd (2.21%).
Top Losers: Grasim Industries Ltd (-1.86%), State Bank of India (-1.10%), ICICI Bank Ltd (-1.06%), SBI Life Insurance Company Ltd (-0.97%), and Bajaj Finance Ltd (-0.87%).
Market Statistics:
BSE Activity: 3,863 stocks traded; 2,469 advanced, 1,260 declined, and 134 remained unchanged.
52-Week Trends: 230 stocks hit a high, while 14 hit a low at 3 pm on Friday.
Nfty at 21,350, Sensex Up 270 Points; Wipro Tops Gainers with 7% Surge
Top Performers and Laggards:
Top Gainers on Nifty: Wipro, Maruti Suzuki, Britannia Industries, Tata Motors, and Bajaj Auto.
Top Losers: Grasim, Bajaj Finance, ICICI Bank, SBI, and BPCL.
Aad Engineering IPO Witnesses Robust Response: Subscribed 70.33 Times
Final Day Update (December 22):
Healthy Investor Response: Azad Engineering IPO subscribed 70.33 times.
Bidding Details: Investors bid for 71.19 crore equity shares against the offer size of 1.01 crore shares.
Category-wise Participation: Qualified institutional buyers lead with 153.13 times, followed by high net worth individuals (79.71 times) and retail investors (21.32 times).
Employee Participation: Employees bid 11.80 times the reserved portion of Rs 4 crore worth shares.
