Epic Update Coal India
The Sensex was up 124.73 points at 29656.16, while the Nifty was up 25.50 points at 9149.70. The market breadth was narrowing with 1,709 shares advancing against a decline of 908 shares, while 219 shares were unchanged.
Top gainers continued to be SBI, Adani Ports and Aurobindo Pharma, while Coal India and Axis Bank were the top losers.
CL Educate, which completed initial public offer (IPO) last week, will make the stock market debut on March 31.
The company’s IPO was oversubscribed 1.90 times, with qualified institutional buyers (QIBs) category getting oversubscribed 3.65 times and retail investors 1.63 times. The ‘non-institutional investor’ portion was subscribed only 21 percent.
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