There is a decline in the stock market today i.e. on 25th April. Sensex is trading at the level of 73,600 with a fall of more than 200 points. At the same time, Nifty has also fallen by more than 50 points. It is trading at the level of 22,350. Kotak Bank shares fall 10% after ban on adding new customers The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank to stop issuing new credit cards with immediate effect. Along with this, a ban has been imposed on adding new customers through online and mobile banking channels. Due to this, a 10% decline is being seen in the shares of Kotak Mahindra Bank today. Explaining the reason for imposing this restriction on the bank, RBI said that it had expressed its concern to the bank about not having adequate IT infrastructure between 2022 and 2023, but the bank continuously failed to remove these shortcomings. Click here to read the full news. Last chance to invest in JNK India’s IPO. Today is the last chance to invest in JNK India Limited’s Initial Public Offer i.e. IPO. Retail investors can invest in JNK India’s IPO till 25 April 2024. The company has fixed the IPO price band at ₹395-₹415 per equity share. In this, retail investors can apply for minimum one lot i.e. 36 shares. According to the upper price band of IPO of ₹ 415, you will have to invest ₹ 14,940 for 1 lot. Whereas for maximum 13 lots i.e. 468 shares, an investment of ₹ 1,94,220 will have to be made. There was a rise in the market yesterday also. Earlier yesterday i.e. on 24th April, there was a rise in the stock market. The Sensex rose 114 points and closed at 73,852. At the same time, Nifty also had a rise of 34 points. It closed at the level of 22,402.
