Broader markets outperformed the benchmarks. The Nifty Smallcap 100 was at 17,792.05, up 52.60 points (0.30%), and the Nifty Midcap 100 was at 55,880.75, up 80.10 points (0.14%).
Jio Platforms' record IPO drew bids for 22 times the shares on offer. For small investors waiting on today's allotment, that number says very little. Measured the way retail shares are actually handed out, the odds are about seven in ten.
Cyclone Arnab is expected to make landfall between Bapatla and Visakhapatnam by the forenoon of October 28 with winds up to 125 kmph and gusts of 140 kmph, says IMD.
The incident reportedly occurred near Mulund railway station, where a piece of material or debris came into contact with the overhead equipment (OHE), which supplies electricity to trains.
Coforge's fresh order intake was $1,040 million, up 50.6% QoQ/102% YoY, ahead of the average run-rate of $612 mn and in line with management's $1bn+ indication, adds the brokerage.
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