A decline is being seen in the stock market today i.e. on 2nd April. Sensex is trading at the level of 73,850 with a fall of more than 100 points. At the same time, there is a decline of 30 points in Nifty, it is trading at the level of 22,400. During early trading, out of 30 Sensex stocks, 21 were seen declining and 9 were rising. Today, more weakness is being seen in IT and banking shares. At the same time, energy shares are on the rise. Opportunity to invest in Bharti Hexacom Limited’s IPO from tomorrow. The initial public offering i.e. IPO of Bharti Airtel’s subsidiary company Bharti Hexacom Limited is opening for public subscription from tomorrow i.e. 3rd April. Retail investors will be able to bid for this IPO from April 3 to April 5. The company’s shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on April 12. For this IPO, the retail investor will have to apply for a minimum of one lot i.e. 26 shares. The company has fixed the IPO price band at ₹542-₹570 per share. If you apply for 1 lot as per the upper price band of IPO of ₹ 570, then you will have to invest ₹ 14,820. Retail investors can bid for a maximum of 13 lots i.e. 338 shares, for which they will have to invest ₹192,660. Yesterday the market had made an all time high. On the first day of the financial year 2024-25 i.e. today on April 1, the stock market has made a new all time high. During trading today, Sensex touched the level of 74,254 and Nifty touched the level of 22,529. However, after this the market came down a bit and the Sensex closed at 74,014 with a gain of 363 points. There was also a rise of 135 points in Nifty, it closed at the level of 22,462.
