Jio Platforms IPO anchor book: From Wall Street giants to domestic titans, heavyweights lead the charge

Jio Platforms IPO anchor book: From Wall Street giants to domestic titans, heavyweights lead the charge

on October 19, 2026 at 11:51 am

Jio Platforms Limited’s Rs 8,110-crore anchor book has drawn unprecedented aggregate institutional demand of about Rs 2,00,000 crore, with reports noting bids touching Rs 2.5 lakh crore. This marks the first time any Indian initial public offering (IPO) has crossed this milestone, translating to an overwhelming over 20x subscription for the anchor segment. The strong response reflects a clear […]

Jio Platforms IPO anchor book: From Wall Street giants to domestic titans, heavyweights lead the charge

Jio Platforms IPO anchor book: From Wall Street giants to domestic titans, heavyweights lead the charge

on October 19, 2026 at 11:51 am

Jio Platforms Limited’s Rs 8,110-crore anchor book has drawn unprecedented aggregate institutional demand of about Rs 2,00,000 crore, with reports noting bids touching Rs 2.5 lakh crore. This marks the first time any Indian initial public offering (IPO) has crossed this milestone, translating to an overwhelming over 20x subscription for the anchor segment. The strong response reflects a clear […]

Fusion CX IPO allotment status to be finalised today, check status on BSE, NSE and registrar

Fusion CX IPO allotment status to be finalised today, check status on BSE, NSE and registrar

on October 19, 2026 at 11:18 am

The initial public offering of AI-powered customer experience solutions provider Fusion CX Ltd received 4.45 times subscription on the final day of bidding on Friday. According to data available with the National Stock Exchange (NSE), the Rs 702-crore IPO got bids for 6,24,64,035 shares against 1,40,40,000 shares on offer. The retail category was subscribed 5.70 times, while the non-institutional […]

Market witnesses selling pressure after recent recovery, Sensex falls 876 points, Nifty below 22,900

Market witnesses selling pressure after recent recovery, Sensex falls 876 points, Nifty below 22,900

on October 19, 2026 at 10:27 am

Benchmark indices Sensex and Nifty witnessed selling pressure after a recent recovery as weak global cues and selling in private banks and IT stocks weighed on investor sentiment. The 30-share BSE Sensex closed 876.37 points or 1.17 per cent lower at 73,852.90. During the day, the benchmark hit a high of 74,849.75 and a low of 73,708.54, gyrating 1,141.21 points. Similarly, the 50-share NSE Nifty […]

Jio Platforms IPO gains momentum, anchor book oversubscribed as institutional bids hit Rs 2.5 lakh crore

Jio Platforms IPO gains momentum, anchor book oversubscribed as institutional bids hit Rs 2.5 lakh crore

on October 19, 2026 at 9:53 am

The market is witnessing tremendous excitement regarding the initial public offering (IPO) of Reliance Industries Chairman Mukesh Ambani’s company Jio Platforms. Even before its listing on the stock exchanges, major institutional investors from India and abroad have shown strong interest in the public issue. The company’s anchor book of Rs 8,110 crore has received bids worth approximately Rs 2.5 […]

Share of logistics stock in focus as company announces Q2 FY27 results, revenue surges 33%

Share of logistics stock in focus as company announces Q2 FY27 results, revenue surges 33%

on October 19, 2026 at 9:32 am

Shares of logistics player Tiger Logistics are likely to be on investors’ radar as the company has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. According to the information shared, the company posted a robust top-line performance during the quarter. The company has issued a correction post which its profit after tax (PAT) for the quarter […]

IT company gets board's approval to raise funds of Rs 160 crore through rights issue, check details

IT company gets board's approval to raise funds of Rs 160 crore through rights issue, check details

on October 19, 2026 at 8:01 am

Jewellery stock jumps 14% to hit fresh 52-week high in weak market, here's what triggered rally

Jewellery stock jumps 14% to hit fresh 52-week high in weak market, here's what triggered rally

on October 19, 2026 at 7:20 am

Shares of Delhi-based jewellery company PC Jeweller surged over 14 per cent to hit a fresh 52-week high of Rs 18.60 on the BSE even as benchmark equity indices Sensex and Nifty fell immediately after a positive open and remained volatile. The stock opened in the green at Rs 17, up 4.4 per cent from the previous close of Rs 16.28 on the BSE. Amid a surge in trading volume of more than 1.78 times, […]

Jio Platforms IPO to anchor India's next digital decade through 5G, broadband and artificial intelligence

Jio Platforms IPO to anchor India's next digital decade through 5G, broadband and artificial intelligence

on October 19, 2026 at 5:08 am

Internet usage in India is rapidly increasing. The digital world is no longer limited to watching videos and making calls on mobile phones; technologies like artificial intelligence (AI), cloud computing, and high-speed broadband are also becoming integral to business. SMC Global describes the Indian telecom and digital services industry as “one of the fastest-growing globally, driven by surging […]

19 October, 2026 Stock Market Updates: Sensex opens in green, Nifty flat, Axis Bank drops over 3%

19 October, 2026 Stock Market Updates: Sensex opens in green, Nifty flat, Axis Bank drops over 3%

on October 19, 2026 at 4:04 am

Indian equity benchmark indices, the Sensex and Nifty, started the session in green even as global cues remain challenging. The 30-share BSE Sensex gained 120.03 points, or 0.16 per cent, to open at 74,849.30, while the Nifty added 4.70 points to open at 23,150.85. In the last trading session, the Sensex closed at 74,729.27 and the Nifty 50 at 23,146.15. Similarly, the broader indices traded in […]

Bank holiday today: Banks to remain closed in UP, Bihar and other states, check full list here

Bank holiday today: Banks to remain closed in UP, Bihar and other states, check full list here

on October 19, 2026 at 3:33 am

If you’re planning to visit your bank today, October 19, 2026, to complete important business, check the holiday list before leaving home. According to the Reserve Bank of India’s (RBI) bank holiday calendar, bank branches will be closed in 13 states today, including Uttar Pradesh, Bihar, West Bengal, and Jharkhand. However, banks will remain open in other states, including Delhi, Maharashtra, […]