Boom in Indian stock market, Sensex rises more than 100 points

There is a rise in the stock market today i.e. on 2nd May. Sensex is trading at 74,600 with a gain of more than 100 points. At the same time, a jump of about 50 points is being seen in Nifty and it is trading at the level of 22,650.

Aadhaar Housing Finance IPO will open on May 8

The initial public offering (IPO) of Aadhar Housing Finance will open for bidding next week on May 8. The company, invested by Blackstone Group, has raised approximately Rs. Plan to raise Rs 3,000 crore. You can bid for the IPO of Aadhaar Housing till May 10.

The company has fixed the price band of this issue at ₹300-₹315. Retail investors can bid for a minimum of one lot i.e. 47 shares. If you apply for 1 lot at the upper price band of ₹315 of the IPO, you will have to invest ₹14,805.

There was a decline in the market on Tuesday

Earlier on April 30, a decline was seen in the stock market. Nifty fell 38 points to close at 22,604. However, during trading before closing today, Nifty made an all-time high of 22,783. At the same time, Sensex also increased by 188 points and closed at 74,482. The stock market was closed on 1 May on Labor Day.