shares

State Bank of India has raised ₹10,000 crore at a coupon rate of 7.36 per cent through its sixth infrastructure bond issuance. The issue attracted an enthusiastic response from investors with bids in excess of ₹18,145 crore and was oversubscribed by around 3.6 times against the base issue size of ₹5,000 crore.

Kotak Alternate Asset Managers sees Nifty50 scaling up to 24,600 a year from now, its Chief Investment Strategist, Jitendra Gohil has said.

BSE Sensex was up by 3.39 per cent or 2,507.47 points to 76,468.78, while the NSE Nifty was at 23,244.95 up by 3.17 per cent or 714.25 points at 3.30 pm.

NSE Nifty was up by 0.56 per cent or 127.60 points to 23,086.85, while the BSE Sensex was at 75,911 up by 0.66 per cent or 500 points.

Equity markets may witness a gradual up-move this week with some volatility as both election and earnings season are nearing their end, analysts said, adding that global trends and trading activity of foreign investors would hold significance in dictating investors' sentiment.

In a bid to improve liquidity in delivery-based commodity derivatives, market regulator SEBI has reduced the deliverable period to three days from five days.

NSE Nifty was down by 0.1 per cent or 22.25 points to 22,479, while the BSE Sensex was at 73,878 down by 0.17 per cent or 128.98 points.

The ₹2,615-crore IPO of Go Digit General Insurance was subscribed fully on the last day of issue closing on Friday. The issue was subscribed 9.60 times. The IPO came out with a price band of ₹258-272.

Shares of Hindustan Zinc (HZL) hit their lifetime peak on Monday and climbed more than 10 per cent amid a host of positive factors surrounding the firm.

Imagicaaworld Entertainment Limited’s shares were up by 2.27 per cent after the company unveiled six new rides at Imagicaa Water Park in Khopoli to enhance the customer experience. The company reported that the expansion increases the water park’s daily footfall capacity by approximately 30 per cent, to allow a larger audience on peak days and meet the growing demand for activities.