The frontline indices snapped their eight-day winning streak run as investors preferred to take home some profits ahead of the weekend and upcoming RBI policy next week. Auto and IT shares, in particular, witnessed selling pressure.
Among the Sensex 30 shares, auto stocks were the major losers as they reacted to the monthly auto sales numbers. Mahindra & Mahindra slipped over 2 per cent. Maruti was down 1.5 per cent. READ MORE
Hindustan Unilever, Nestle India, HDFC, Asian Paints, Bajaj Finance, PowerGrid Corporation, ICICI Bank, Sun Pharma, TCS and Infosys were the other significant losers, down over a per cent each.
Uniparts India IPO was subscribed up to 25 times as of 03:40 PM on the final day of the offer period. The IPO has received strong response from QIB investors, with oversubscription up to 66 times. The HNIs segment was subscribed over 17 times, while retail quota saw bids of up to 4.2 times.
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