
The offer received bids for 2.99 crore shares against 2.77 crore shares on offer.

Nifty Bank index was the top loser down by 1.04%, Nifty Metal index losing around a per cent.
Money9 Helpline hosted Priyanka Ketkar, Director of Purplefinch to help you understand on what basis should first-timers do financial planning.
PowerGrid, falling about 3%, was the top Sensex loser followed by Asian Paints, Axis Bank, Kotak Bank, Bajaj Auto, SBI and M&M

Sensex closed at 59,126.36, down 286.91 points or 0.48%, while Nifty dropped 93.15 points or 0.53% to 17,618.15

Robust liquidity, positive global cues, the rapid pace of vaccination, better-than-expected Q1 earnings and fall in Covid cases supported sentiment.

Gartner’s estimates that outsourced IT services spend are likely to grow at an 8.6% CAGR over 2020-25.

The BSE Sensex has been on a rising journey since the Covid lows of March 2020

The broader markets were trading with strong gains in early trades. The BSE MidCap index advanced 120 points & BSE SmallCap jumped 192 points.

Rohit Singre of LKP Securities is positive on Deepak Nitrite with a target price of Rs 2,420/2,480.