Sensex rose nearly 1,200 points to hit a record high of 75,499 and Nifty settled near 23,000. Buying was seen in banks, capital goods, auto and consumer durables. Healthcare and metal stocks saw little selling pressure. Garden Reach Shipbuilders rose 20% to hit a fresh record high.
Fusion Cx, Orient Cables among 7 companies to get IPO nod
Seven companies, including Fusion Cx and Orient Cables India, have received Sebi’s approval for their IPOs. Fusion Cx plans a Rs 1,000 crore issue, while