The BSE Sensex closed at 57,426.92, up 1.8%. The Nifty advanced 1.6% to end at 17,094.35. The index closed above its 200-day moving average (DMA), a key long-term trend indicator, of 16,982. Shares of lenders and other rate-sensitive stocks led the rebound with the Nifty Bank index jumping 2.6%.
Blackstone-backed International Gemological Institute IPO to open on Dec 13, aiming to raise Rs 4,225 crore
The offer includes a fresh issue of Rs 1,475 crore, along with an offer for sale (OFS) of Rs 2,750 crore. The company submitted its