📈 Amid weak global cues, domestic benchmark indices started gap-down on 8 November, 2024. 📢 At 9:16 AM, the Sensex tanked 182.59 points or 0.23% at 79,359.20, and the Nifty plunged 62.90 points or 0.26% at 24,136.45. 📊 SAIL (⬇️5.89%), Astral (⬇️1.75%) and Petronet LNG (⬇️1.75%) appeared as the top losers on the Nifty 50 at the Open. Lupin, RVNL, Emami stocks are in focus today.
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The Zinka Logistics Solution Limited IPO price band has been fixed in the range of ₹259 to ₹273 per equity share of the face value of ₹1 each. The Zinka Logistics IPO date of subscription is scheduled for Wednesday, November 13, and will close on Monday, November 18. The allocation to anchor investors for the Zinka Logistics IPO is scheduled to take place on Tuesday, November 12.
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Auto major Mahindra and Mahindra (M&M) shares will be in focus on Friday after the company reported 13% YoY growth in its standalone net profit for the quarter ended September 30, 2024, to Rs 3,841 crore, which is above the Street expectations of Rs 3,581 crore. Revenue from operations in the reporting period increased 12% YoY to Rs 28,919 crore.
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