Sensex rises 300 points to cross 73,500:IT shares see most buying; today is final day of Jio IPO

The stock market is trading higher today, 23 October. The Sensex has risen 300 points and is trading above 73,500. The Nifty is also up 20 points and has crossed 22,700. IT shares are seeing the most buying today, while metal stocks are witnessing selling. Jio IPO enters its third day today Today is the third day of Jio’s IPO. Bids can be placed until 23 October. The company aims to raise ₹30,188 crore through the issue. A minimum investment of ₹13,428 is required. By the second day, the IPO had been subscribed 5.39 times. Asian markets decline today The US market declined on 22 October Foreign investors (FIIs) sold shares worth more than ₹3,000 crore in seven days Note: The net buying/selling figures for FIIs and DIIs are in ₹ crore. Market Declined Yesterday