On the last trading day of the week, today i.e. 5th July, the stock market is witnessing a decline. Sensex is trading at 79,600 level with a decline of more than 400 points. At the same time, Nifty is also down by 100 points, it is trading at 24,190 level. Out of 30 shares of Sensex, 21 are seeing a decline and 9 are seeing a rise. The maximum selling is being seen in the banking and finance sector. Today is the last day to invest in the IPO of Emcure Pharmaceuticals and Bansal Wire. Today is the last day for subscription of the Initial Public Offer i.e. IPO of Emcure Pharmaceuticals Limited and Bansal Wire Industries Limited. In two days, the IPO of Emcure Pharmaceuticals Limited was subscribed a total of 5.01 times. The issue was subscribed 3.55 times in the retail category, 0.97 times in the Qualified Institutional Buyers (QIB) and 13.99 times in the Non-Institutional Investors (NII) category. At the same time, the IPO of Bansal Wire Industries Limited was subscribed a total of 6.06 times in two days. The issue was subscribed 6.57 times in the retail category, 0.10 times in QIB and 12.84 times in the NII category. The shares of both the companies will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 10. Asian markets rise today Sensex reaches 80 thousand from 70 thousand in 7 months On July 3, the Sensex crossed 80 thousand for the first time. It took 7 months for the Sensex to reach 80 thousand from 70 thousand. On 11 December 2023, the Sensex was at 70 thousand, which has now reached 80 thousand on 3 July. At the same time, it took more than 2 years for the Sensex to reach 70 thousand from 60 thousand. So far this year, the Sensex has seen a gain of 10% and in the last 1 year, it has seen a gain of 22%. Yesterday the market made an all-time high Earlier yesterday, on July 4, the stock market made an all-time high for the third consecutive day. During trading, the Sensex touched the level of 80,392 and the Nifty touched the level of 24,401. However, after this it saw a decline and the Sensex closed at the level of 80,049 with a gain of 62 points. At the same time, Nifty also gained 15 points. It closed at the level of 24,302. Out of the 30 stocks of Sensex, 15 saw a rise and only 15 saw a decline. There was more rise in IT, banking and power shares.
