The SgxNifty Future is trading at 11,222.50 up with -0.14% percent or -15.50 point. The Nikkei 225 Future is trading at 23,452.50 up with +0.70% percent or +162.50 point.The Hang Seng Future is trading at 23,251.50 with a loss of -0.78% percent or -183.50 point.
TODAY’S FACTORS AND EVENTS
The public offer of oil and gas pipeline infrastructure service provider Likhitha Infrastructure has seen 42 percent subscription on the very first day of bidding, i.e. September 29.
The issue will close on October 1 and the price band has been fixed at Rs 117-120 per share.
Hyderabad-headquartered company’s IPO has received bids for 21.2 lakh equity shares against offer size of 51 lakh equity shares, the data available on the exchanges showed.
The portion set aside for retail investors has been fully subscribed on first day itself, while the reserved portion of qualified institutional buyers has subscribed 1.8 percent and that of non-institutional investors
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 27,584.06 up with +percent or +410.10 point. The S&P 500 is trading at 3,351.60 with + percent or +53.14 point. The Nasdaq Composite is trading at 11,117.52 up with + percent or +203.96 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,539.10 up with + percent or +27.48 point. Hong Kong’s Hang Seng is trading at 23,326.84 with a loss of –percent or ?149.21 point. China’s Shanghai Composite is trading at 3,212.56 up with + percent or +10.33 point. India’s BSE Sensex is trading at 37,976.13 with a loss of – percent or –5.50 point at 12:15 PM.