The stock market is witnessing a decline today i.e. on 27 June. The Sensex is trading at 78,550 level with a decline of more than 100 points. At the same time, there is a decline of more than 30 points in Nifty as well. It is trading at 23,850 level. Out of 30 stocks of Sensex, 17 stocks are seeing a decline and 13 are seeing a rise. There is a big decline in IT, auto and banking stocks. Earlier, the stock market had made an all-time high for two consecutive days on 25 and 26 June. Decline in Asian markets Last day of Allied Blenders & Distillers IPO Today is the last day of Allied Blenders & Distillers’ Initial Public Offer i.e. IPO. In two days, this issue has been subscribed a total of 1.61 times. This IPO was subscribed 1.75 times in the retail category, 0.15 times in qualified institutional buyers (QIB) and 3.14 times in the non-institutional investors (NII) category. Allied Blenders and Distillers Limited has fixed the price band of this issue at ₹ 267-₹ 281. Retail investors can bid for a minimum of one lot i.e. 53 shares. If you apply for 1 lot as per the upper price band of ₹ 281 of the IPO, then you will have to invest ₹ 14,893 for it. Click here for more information Yesterday the market had made an all-time high Earlier yesterday i.e. on 26 June, the stock market had made an all-time high for the second consecutive day. The Sensex closed at a record 78,674 with a gain of 620 points. At the same time, Nifty also gained 147 points. It closed at a record level of 23,868. Earlier today, during trading, the Sensex touched 78,759 and the Nifty touched 23,889. Yesterday, on June 25, the Sensex and Nifty had also made an all-time high.
