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Mumbai: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will hold their special Muhurat Trading session on Sunday (November 8) on the occasion of Diwali. Both exchanges announced the schedule on Monday, with the special trading window set to run from 2:20 pm to 3:30 pm. According to separate circulars issued by the exchanges, a 15-minute pre-opening session will take place from 2:05 pm to 2:20 pm. The stock market will remain closed on Tuesday (November 10) on account of the Diwali Balipratipada holiday. Muhurat Trading holds special significance for investors Muhurat Trading is a symbolic stock…

The market is witnessing tremendous excitement regarding the initial public offering (IPO) of Reliance Industries Chairman Mukesh Ambani's company Jio Platforms. Even before its listing on the stock exchanges, major institutional investors from India and abroad have shown strong interest in the public issue. The company's anchor book of Rs 8,110 crore has received bids worth approximately Rs 2.5 lakh crore. This represents more than 30 times the available amount. This reflects strong investor interest in Jio's business and its proposed IPO. International investors bid for Jio Platforms' anchor book Several major international investors have bid for Jio Platforms' anchor…

Jio Platforms Limited's Rs 8,110-crore anchor book has drawn unprecedented aggregate institutional demand of about Rs 2,00,000 crore, with reports noting bids touching Rs 2.5 lakh crore. This marks the first time any Indian initial public offering (IPO) has crossed this milestone, translating to an overwhelming over 20x subscription for the anchor segment. The strong response reflects a clear vote of confidence from long-term institutional investors ahead of the company's much-awaited public issue. Heavyweights lead the charge  The who’s who of sovereign wealth funds, domestic mutual funds, foreign institutional investors, and insurance companies have endorsed the Jio story by participating as…

The initial public offering of AI-powered customer experience solutions provider Fusion CX Ltd received 4.45 times subscription on the final day of bidding on Friday. According to data available with the National Stock Exchange (NSE), the Rs 702-crore IPO got bids for 6,24,64,035 shares against 1,40,40,000 shares on offer. The retail category was subscribed 5.70 times, while the non-institutional investor quota garnered 4.50 times subscription. The portion for Qualified Institutional Buyers (QIBs) received 4.01 times subscription. Now all eyes are on the allotment of shares, which is expected to be finalised today. Once finalised, investors can check the stats on…

Benchmark indices Sensex and Nifty witnessed selling pressure after a recent recovery as weak global cues and selling in private banks and IT stocks weighed on investor sentiment. The 30-share BSE Sensex closed 876.37 points or 1.17 per cent lower at 73,852.90. During the day, the benchmark hit a high of 74,849.75 and a low of 73,708.54, gyrating 1,141.21 points. Similarly, the 50-share NSE Nifty fell 257.20 points, or 1.11 per cent, to close at 22,888.95. The broader market too ended the session in the red. The BSE MidCap Select Index fell 169.47 points, or 0.97 per cent, while the…

Shares of logistics player Tiger Logistics are likely to be on investors' radar as the company has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. According to the information shared, the company posted a robust top-line performance during the quarter. The company has issued a correction post which its profit after tax (PAT) for the quarter ended September 30, 2026, increased by Rs 61,845.  Additionally, the company's revenue from operations increased to Rs 225.13 crore (approximately USD 1.25 billion) compared to Rs 152.52 crore (approximately USD 1.52 billion) in the previous quarter. Total…

Shares of technology firm Kellton are likely to be in focus after the company informed exchanges that its board of directors has approved raising funds through a rights issue. The smallcap company said that the decision was finalised during the board meeting held on October 17, 2026. The company said the board approved the issue of equity shares of the company with a face value of Re 1 for an amount not exceeding Rs 160 crore. The IT firm said that the terms and conditions of the rights issue have not been finalised and will be communicated later.    The board…