TODAY CLOSING PRICE

CLOSING PRICE

Before investing in shares, it is very important to know the “Closing Price” as stock prices vary based on parameters. The closing price refers to the stock price at the end of the day, since the adjusted closing price begins where the closing price ends, a more accurate estimate of the stock price.

NIFTY 50 24857

SENSEX 81455.40

NIFTY BANK 51499.30

INTRDAY

Intraday trading, also known as day trading, is a financial activity in which the buying and selling of financial instruments takes place during the same trading session. In this type of trading, the trader has to square off all his positions by the end of a day. If he does not do so, the broker automatically squares off his positions. The duration of intraday trading varies according to the broker.

INTRADAY STOCK

Asian Paints

today closing price - 3,005.05 SL - 3,076 TGT - 2900 SELL

Eicher Motors

today closing price - 4951.85 SL - 5011 TGT - 4850 SELL

Coal India

today closing price - 519.35 SL - 509.4 TGT - 536 BUY

IPO

IPO stands for Initial Public Offering. It is the first time a private company sells its shares publicly, allowing it to raise capital by offering ownership shares to investors in the open market. Thus, an IPO marks the transition of a company from being private to being publicly traded.

IPO Benefit

The main benefit of an IPO is that it brings in a significant amount of funding for the company and enhances its reputation, thereby attracting stronger investors and customers for the business.
IPO also offers several other benefits, such as capital infusion, liquidity, improved reputation, and diversified shareholder base.
Through an IPO, founders and early shareholders can earn profits through the liquidity of shares.
IPO helps reduce ownership concentrations, thereby reducing risk to a great extent.
Pre-application IPOs mostly benefit investors who are closely associated with the host company. The initial low prices, as well as the benefit of a lock-in period, result in higher profits for pre-applicants.
SME IPO refers to IPOs of small and medium-sized enterprises, which benefits SMEs with capital infusion, increased visibility, and access to equity financing.
An oversubscribed IPO offers several benefits, such as strong investor attraction, high stock demand in the market, and reduced ownership concentration risk.
Lower valuations of IPOs benefit many parties, but underwriters benefit the most because of strong investor interest and quicker profits. This leads to higher underwriters’ fees, which are often based on a percentage of the total offering size.
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