Share Market Highlights: Nifty closes below 14,450, Sensex plunges 543 pts; Tech Mahindra, HCL Tech top drags

The Rs 4,633-crore Indian Railway Finance Corporation (IRFC) initial public offer (IPO) is set to open for subscription on Monday, January 18, 2021, in the price band of Rs 25-26 apiece. At the upper end of the price band, IRFC would raise Rs 4,455 crore, and at the lower end, Rs 4,633 crore. The anchor book will open today (Friday, January 15, 2021) and will be allocated up to 60 per cent of the portion reserved for QIBs, to build investor confidence on the IPO. 

Read full story