Stocks in news: The domestic markets closed flat on Wednesday. Hindustan Zinc set a floor price of Rs 486 for its offer for sale. SpiceJet’s net profit fell by 20%. Ola Electric posted a wider net loss. Karnataka suspended dealings with SBI and PNB. Glenmark Pharma reported a Q1 net profit of Rs 340 crore.
Jio Platforms IPO: Rs 37,700 crore issue likely to open on Oct 21
Jio Platforms is preparing to launch what is anticipated to be India’s largest initial public offering. Scheduled around Dussehra, the IPO is estimated at $4