Sensex falls by more than 100 points: It is trading at the level of 74,100, last chance to invest in Bharti Hexacom’s IPO.

Sensex falls by more than 100 points: It is trading at the level of 74,100, last chance to invest in Bharti Hexacom’s IPO.

A decline is being seen in the stock market today i.e. 5th April. Sensex is trading at the level of 74,100 with a fall of more than 100 points. At the same time, Nifty has also fallen by more than 50 points. It is trading at 22,450 level. During early trading, out of 30 Sensex stocks, 21 were seen declining and 9 were rising. Earlier yesterday i.e. on 4th April the stock market had made an all time high. During trading, Sensex touched the level of 74,501 and Nifty touched the level of 22,619. HDFC Bank shares had gained 3.15% yesterday. Last chance to invest in Bharti Hexacom Limited’s IPO: Today i.e. April 5 is the last day for initial public offering, i.e. IPO public subscription, of Bharti Airtel’s subsidiary company Bharti Hexacom Limited. This IPO was opened from 3rd April. 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. Earlier yesterday i.e. on 4th April the stock market had made an all time high. During trading, Sensex made an all-time high of 74,501 and Nifty made an all-time high of 22,619. However, later it came down slightly and the Sensex closed at the level of 74,227 with a gain of 350 points. At the same time, there was a rise of 80 points in Nifty, it closed at the level of 22,514.

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