Indian stock market opened with strength, Sensex above 73,950 – ..

Indian stock market had a strong start today and Bank Nifty supported the market and initially traded around 48,100.

How was the beginning of the market?

BSE Sensex opened at 73,957, up 219.12 points or 0.30 per cent. NSE’s Nifty opened at 22,421, up 53.55 points or 0.24 per cent.

Opportunity to invest in JNK India’s IPO

The initial public offer (IPO) of JNK India Limited has opened for public subscription from April 23. Retail investors can invest in JNK India’s IPO till 25 April 2024. The company has set the IPO price band at ₹395-₹415 per equity share.

In this, retail investors can apply for minimum one lot i.e. 36 shares. If you apply for 1 lot at ₹415 at the upper price band of the IPO, you will have to invest ₹14,940. Whereas retail investors can bid for a maximum of 13 lots i.e. 468 shares of the IPO. For which investors will have to invest a maximum of ₹ 194,220.