Stock market at all time high: Sensex touched 74,254 and Nifty touched 22,529; Rise in metal, banking and auto shares

Today, on April 1, the first day of the financial year 2024-25, the stock market has made a new all-time high. During trading, Sensex touched the level of 74,254 and Nifty touched the level of 22,529. Currently, Sensex is trading at the level of 74,200 with a gain of more than 500 points. At the same time, there is a rise of more than 150 points in Nifty, it is trading at the level of 22,500. Out of 30 Sensex stocks, 28 are seeing a rise and only 2 are seeing a decline. Today there is more rise in metal, banking and auto shares. Shares of JSW and Tata Steel are seeing a rise of more than 2%. Bharti Hexacom Limited’s IPO will be open from April 3. The initial public offering i.e. IPO of Bharti Airtel’s subsidiary company Bharti Hexacom Limited will be open for public subscription from April 3. 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. There was a rise in the market on March 28. Earlier on March 28, there was a rise in the stock market. The Sensex closed at 73,651 with a gain of 655 points. At the same time, there was a rise of 203 points in Nifty, it closed at the level of 22,326.

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