Benchmark indices Sensex and Nifty closed lower on Monday due to a sharp decline in Kotak Mahindra Bank and continuous foreign fund outflows. Manappuram Finance fell significantly after RBI restrictions on NBFCs. Raymond Lifestyles and 360 One Wam showed varied performance, with technical indicators showing possible recoveries under certain conditions.
NSDL aims to launch Rs 3,000-cr IPO by next month: Official
Depository firm NSDL is targeting to launch its much awaited Rs 3,000-crore initial public offering (IPO) by next month, a senior official said on Thursday.