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Market news: Stocks fall on rising Covid-19 cases, spike in inflation

Foreign portfolio investors on Monday bought stocks worth $146.84 million.Image: REUTERS Stocks slumped for the second straight session on Monday as lacklustre macroeconomic data and a rising trend in COVID-19 cases dented the risk appetite. The Nifty slipped below the 15,000-mark as it declined by 101.45 points (0.67%) to close at 14,929.5. The Sensex dived …

Home First Finance IPO: Check share allotment status via BSE, registrar’s websites; grey market premium jumps

Home First Finance Company shares were seen trading with a grey market premium of Rs 105-115 apiece over the issue price The Rs 1153.72-crore Home First Finance Company initial public offer, which saw 26.66 times subscription, is likely to finalise share allotment on Friday, 29 January 2021. The issue received bids for 41.64 crore shares …

IRFC IPO: First IPO of new year 2021 opens Jan 18; check price band, grey market premium, details

he dedicated market borrowing arm of the Indian Railways will utilise the net proceeds towards augmenting the company’s equity capital base to meet future capital requirements The Rs 4,634-crore Indian Railway Finance Corporation (IRFC) initial public offer (IPO) is scheduled to open on January 18, becoming the first public issue of the new calendar year …

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