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Benchmarks trade with small gains; metal stocks in demand

The key equity benchmarks traded with minor gains in morning trade. Metal stocks rose for seventh day. The Nifty hovered near the 14,700 mark. At 10:24 IST, the barometer index, the S&P BSE Sensex, was up 130.63 points or 0.27% to 49,289.95. The Nifty 50 index added 53.60 points or 0.37% to 14,691.40. In broader market, the S&P BSE Mid-Cap index gained 0.71% while the S&P BSE Small-Cap index rose 0.80%. The market breadth was weak. On the BSE, 1644 shares rose and 778 shares fell. A total of 111 shares were unchanged. COVID-19 Update: Total COVID-19 confirmed cases worldwide stood at 131,707,267 with 2,859,868 deaths. India reported 788,223 active cases of COVID-19 infection and 165,547 deaths, according to the data from the Ministry of Health and Family Welfare, Government of India.

DMK - Congress must stop lying; AIIMS Hospital in Madurai Created faster and better Prime Minister Modi || திமுக - காங்கிரஸ் பொய் சொல்வதை நிறுத்த வேண்டும்; மதுரையில் எய்ம்ஸ் மருத்துவமனை விரைவாகவும், சிறப்பாகவும் உருவாக்கப்படும் -பிரதமர் மோடி

DMK - Congress must stop lying; AIIMS Hospital in Madurai Created faster and better Prime Minister Modi || திமுக - காங்கிரஸ் பொய் சொல்வதை நிறுத்த வேண்டும்; மதுரையில் எய்ம்ஸ் மருத்துவமனை விரைவாகவும், சிறப்பாகவும் உருவாக்கப்படும் -பிரதமர் மோடி
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IRCON International ends flat as OFS concludes

IRCON International ended 0.16% higher at Rs 91.25 on the BSE today, after the company s offer for sale (OFS) concluded on Thursday, 4 March 2021. The Government of India initially offered to sell over 4.70 crore shares, constituting 10% paid-up share capital of the company, through the OFS. The floor price for the OFS was set at Rs 88 per equity share, at a 10.07% discount to IRCON s closing price of Rs 97.85 on Tuesday, 2 March 2021. The OFS opened on Wednesday (3 March 2021) for non-retail investors, while both retail as well as non-retail investors were allowed to subscribe on Thursday (4 March 2021). On Wednesday (T day), the OFS received subscription for 10,84,93,968 shares or 329.59% against the base non-retail offer size of 3,29,18,051 shares.

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