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As of 11:09 am, the issue had attracted bids for 2,75,03,790 shares, or 47% of the total issue size of 5,82,03,223 shares. The retail portion of the issue was subscribed 1.57 times, while the non-institutional category's subscription rate stood at 37%. The allocation for qualified institutional bidders was booked at 15%.

Around 11:30 am, the highest subscription was witnessed by the retail participants, who bid for 1,01,98,000 shares from the 3,14,28,571 reserved for them. They had subscribed to the issue by 32%. Non-institutional investors (NIIs) had subscribed the issue by 2%.

Neeraj Dewan, Market Expert, says though he is positive on the markets after the correction, he feels that the market may have made a double bottom and from these levels, it can be constructive. The result season threw up certain strong pockets, which may continue to do well. But in the near term, we need to watch the FII outflow. Dewan further says that chemicals, and IT stocks can do well from these levels depending on the news flow from the US and can be considered Trump trade. The final verdict is out and the markets clearly seem to be pleased overnight. We saw the rally play out for our own markets. What could be the long-term implications of this and more importantly, what is the trajectory? Do we stay in a range or hold out from these levels? Neeraj Dewan: Yes, definitely. We saw the Trump rally yesterday. The markets were doing quite well. The last couple of days have been good for the markets. We hit that bottom and after that, we saw this good rally. But one thing which has been worrying our markets is the FII selling, which was there yesterday also and a huge amount that they sold yesterday.

Indian Hotels Company Ltd. traded 0.18 per cent in Thursday's trade at 11:47AM (IST). Around 94,968 shares changed hands on the counter. The counter opened at Rs 693.95 and touched an intraday high and low of Rs 693.95 and Rs 679.45, respectively, in the session so far. Shares of the company of Indian Hotels Company Ltd. quoted a 52-week high of Rs 720.60 and a 52-week low of Rs 394.95.

Siemens Ltd. 0.74 per cent to Rs 7008.55 in Thursday's trade as of 11:56AM (IST). The stock hit a high price of Rs 7144.85 and low of Rs 6959.40 during the session. The return on equity (ROE) for the stock stood at 14.98 per cent. Traded volume on the counter stood at 11:56AM shares and turnover at Rs 2.07 crore around that time. The stock of Siemens Ltd. quoted a 52-week high price of Rs 8129.95 and 52-week low prices of Rs 3299.75, respectively.

Cummins India Ltd. 0.6 per cent to Rs 3589.80 at 11:52AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,144 shares with a turnover of Rs 2.93 crore till 11:52AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.56, while the price-to-book value ratio stood at 12.61.

At 11 am, the issue attracted bids for 24,98,62,000 shares, or 65% against the issue size of 38,70,64,594 shares. The retail portion of the issue was subscribed 2.82 times, and the non-institutional category's subscription rate stood at 37%. The qualified institutional buyers (QIBs) portion witnessed a subscription of merely 7%.

At 10:44 am, the issue attracted bids for 2,40,61,258 shares, or 15% against the issue size of 16,01,09,703 shares. The retail portion of the issue was subscribed at 68%, and the non-institutional investor category's subscription rate stood at 9%. The qualified institutional buyers (QIBs) were yet to subscribe.

White House.

Avenue Supermarts Ltd. traded 0.59 per cent in Thursday's session at 11:30AM (IST). The stock opened at Rs 3954.95 and has touched an intraday high and low of Rs 3954.95 and Rs 3887.25, respectively, during the session so far. The stock quoted a 52-week high of Rs 5484.00 and a 52-week low of 3637.00. About 17,807 shares changed hands on the counter so far.

HDFC Asset Management Company Ltd. traded 0.27 per cent at Rs 4488.30 at 11:25AM (IST) on Thursday, even as BSE benchmark Sensex 897.77 points to 79480.36. The scrip had closed at Rs 4500.55 in the previous session. The stock quoted a 52-week high price of Rs 4862.00 and 52-week low of Rs 2725.00, respectively. As per BSE data, total traded volume on the counter till 11:25AM (IST) stood at 4352 shares with a turnover of Rs 1.95 crore.

Subscribe to enjoy similar stories. The much-awaited US election results on Wednesday showed that Donald Trump will be returning to the White House in early 2025. His return has intensified Indian discussions on future of the India-US trade relations.

Sensex and Nifty50 opened marginally lower on Thursday, after logging gains in the previous session on Republican Donald Trump's win in the US presidential race. Investors are now turning their attention to the Federal Reserve's upcoming rate decision to gauge the interest rate trajectory. The BSE Sensex was trading 402 points, or 0.50%, lower at 79,975. The Nifty50 was down 125 points, or 0.51%, trading at 24,359 around 9:31 am.

buy call on Maruti Suzuki India Ltd. with a target price of Rs 13,875. The current market price of Maruti Suzuki India Ltd. is Rs 11,222.5. Maruti Suzuki, incorporated in 1981, is a Large Cap company with a market cap of Rs 352704.67 crore, operating in the Auto sector. Maruti Suzuki India's key products/revenue segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2024.

Waaree Energies fell by 6.4% to their day’s low of Rs 3,400.50 even as the company secured an order for supply of modules upto 180 Mwp from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India. The supply of modules is scheduled to commence at the end of November 2024 and complete in Q4 of FY 2025, the company said in an exchange filing.

Donald Trump heading back to the White House than Indian Prime Minister Narendra Modi.

As U.S. President-elect Donald Trump prepares for his second term in office, China is bracing for unpredictability in its ties with the United States

BEIJING — Donald Trump's 2024 presidential win has raised the bar for China's fiscal stimulus plans, expected Friday.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Bank Nifty Share Price Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last trading day, the Bank Nifty closed at a price of 52,207.25. This value represents the performance of the banking sector in the stock market and can indicate trends in financial stocks.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Share Price Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels The Nifty 50 closed at 24,213.3 on the last trading day. This closing price reflects the overall performance of the top 50 companies listed on the National Stock Exchange of India.

Subscribe to enjoy similar stories. Timing the markets is often the key to success in stock trading. While some traders believe in bottom-up stock picking, where you focus on individual company fundamentals first, others swear by the top-down approach.