On Thursday, Indian benchmark stock indices slump for the sixth straight day, touching a new multi-month low
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Nifty bank, auto, media are in the green, while FMCG, Pharma, PSU bank are in the red
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During its subscription phase, the Rs 2,200 issue garners a total subscription of nearly 2 times
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In the sectoral indices on the National Stock Exchange, except for Nifty Auto, Nifty Metal, and Nifty Realty, all other indices open with a decline
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Sensex closes at 77,691 points, down 984 points or 1.25 per cent, while Nifty closes at 23,559 points, down 324 points or 1.36 per cent
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The company offers fresh equities to the public worth Rs 10,000 crore totalling approximately 92.59 crore shares
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The issue's share price for the food platform to quick-commerce company was fixed between Rs 371 to 390
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Among the sectoral indices, Bank, Financial Services, IT, Private Banks open in green territory, leaving others in red
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Losses are led by heavyweights like Britannia, Bharat Electronics, NTPC, Asian Paints, and HDFC Bank, with some stocks declining up to 7.3 per cent
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The total offer size comprises of up to 2,81,84,060 equity shares of face value of Rs 1 each
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