During the auction, the government stock up to 10 per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions. The allotment will be subject to a maximum limit of one per cent of its notified amount for a single bid per stock as per the scheme for non-competitive bidding facility. Individual investors can also place bids as per the noncompetitive scheme through the Retail Direct portal.
Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors’ radar
Sensex closed marginally down in a volatile session as IndusInd Bank fell 27% due to selling pressure, while PC Jewellers rose 0.8% and Mold-Tek increased
March 12, 2025