The quota for retail bidders was subscribed 3.7 times, whereas the allocation for HNI investors fetched 16 per cent bidding. The quota for institutional investors did not garner any bids yet.
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond
Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.
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