Sensex drops 443 points, Nifty 50 ends at 24,238. What drove the stock market down? Explained

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The Sensex declined 443 points, or 0.57%, to close at 77,708.52, while the Nifty 50 shed 96 points, or 0.39%, to settle at 24,238.50. The Nifty Midcap 100 index climbed 0.60%, while the Smallcap 100 index rose by 0.16%. Stock market today: Stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday,…

Hexagon Nutrition IPO: Issue booked 53 times on Day 3; NII portion sees strong demand, GMP signals healthy listing

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Hexagon Nutrition’s IPO, which opened from June 5 to June 9, was oversubscribed by over 50 times, with significant participation across all investor categories. The grey market premium suggests a potential listing price of ₹52, reflecting a 15.6% premium over the issue price of ₹45.   The initial public offering of Hexagon Nutrition, which was…