First it was FSN E-Commerce Ventures Pvt., the owner of beauty e-retailer Nykaa, which announced a bonus share issue to coincide with the expiry of an IPO lockup on key investors in November that risked extending the stocks slump.

These new IPOs that came in were typically very large-sized IPOs. These large-sized IPOs meant that professional investors needed to have that as part of their portfolio as an object of diversification. And that meant that most of the performance of these portfolios have been down relative to the market.

The consolidated net loss of the company stood at Rs 133.10 crore in the quarter ended September 30, 2021, it said in a BSE filing.Total expenses of the company rose to Rs 2,216.07 crore in the quarter from Rs 1,979.17 crore in the same period a year ago.

The Nifty Bank index was trading 0.44 per cent up at 40594.3.

The Nifty Auto index was trading 0.58 per cent up at 13296.0.

The Nifty Pharma index closed 0.01 per cent down at 12689.3.

The Nifty Realty index closed 0.47 per cent down at 470.05.

The Nifty Bank index closed 0.51 per cent up at 40415.7.

The Nifty Auto index closed 0.52 per cent up at 13219.6.

The company announced the issuance of shares via private placement basis at Rs 15.55 per share, which is at a discount of 27 per cent against the previous close of Rs 21.30.

The Nifty Realty index was trading 0.04 per cent up at 472.45.

The Nifty Pharma index was trading 0.63 per cent up at 12770.1.

The Nifty IT index was trading 0.3 per cent up at 28186.6.

The Nifty Bank index was trading 0.9 per cent up at 40570.45.

"Issuance of up to 60 crore equity shares and/or warrants convertible into equity shares through preferential allotment on a private placement basis to VFSI Holdings Pte. Limited, and in this regard, to enter into an investment agreement with the investor," Reliance Power said.

The Nifty Auto index closed 0.16 per cent down at 13225.3.

The Nifty Realty index closed 0.36 per cent up at 473.2.

The Nifty Bank index closed 0.35 per cent down at 39666.5.

The Nifty Pharma index closed 0.26 per cent up at 12598.0.

RPL shares closed at ₹23.30 apiece on the BSE on Monday, up 9.91% from the previous close. Part of the Reliance Group, RPL is a private sector power generation and coal resources company. It has one of the largest portfolios of power projects in the private sector, based on coal, gas, hydro and renewable energy, with an operating portfolio of 5,945 megawatts.

The Nifty IT index closed 0.33 per cent up at 27836.6.

The Nifty Realty index closed 0.89 per cent up at 471.5.

The Nifty Pharma index closed 0.47 per cent up at 12565.55.

The Nifty Auto index closed 0.19 per cent up at 13246.1.

Reliance Power, a part of the Reliance Group, is a leading private sector power generation and coal resources company. The stock of the company has risen nearly 90 per cent in the past one year and 575 per cent in the last 3 years. For the quarter ended June 30 2022, the company reported net sales of Rs 10.07 crore, down 27.5 per cent from the year-ago quarter's Rs 13.89 crore. The company reported a net loss of Rs 69.18 crore for the latest quarter.

In a regulatory filing, Reliance Power said the company and its subsidiary have entered into a indicative Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (USD 150 million) "for settlement and discharge and/or acquisition and restructuring of certain financial debt availed by Reliance Power."

RPL, a part of the Reliance Group, is a private sector power generation and coal resources company. The company has one of the largest portfolios of power projects in the private sector, based on coal, gas, hydro andrenewable energy, with an operating portfolio of 5,945 megawatts.

Reliance Power and its subsidiary have entered into an indicative memorandum of understanding with Varde Partners for availing debt of up to Rs 1,200 crore

The Nifty Pharma index was trading 0.09 per cent up at 12517.65.

The Nifty Auto index was trading 0.19 per cent up at 13246.1.

The Nifty IT index was trading 0.61 per cent up at 27914.85.

The Nifty Realty index was trading 0.6 per cent up at 470.15.

The Nifty Bank index was trading 0.77 per cent up at 39726.45.

#RPOWER expecting very good movement in few months Kuch to Pak Raha hai .... Make your decision

In the Nifty 50 index, 24 stocks were trading in the green, while 26 stocks were trading in the red.

In the Nifty50 index, 20 stocks were trading in the green, while 30 stocks were in the red.

The Nifty Bank index was trading 0.12 per cent up at 39350.3.

In the Nifty pack, 16 stocks were trading in the green, while 34 stocks were trading in the red.

The Nifty Realty index was trading 1.59 per cent up at 470.55.

The Nifty Auto index was trading 0.99 per cent up at 13347.7.

The Nifty Realty index closed 1.36 per cent down at 447.6.

The Nifty Pharma index was trading 0.67 per cent down at 12495.9.

The Nifty Auto index was trading 0.8 per cent down at 12825.4.

“The so-called priced-on vision or priced-on transformation kind of stories have to be avoided by the retail investors. Maybe the smarter money will get in and extract their pound of flesh but this is more like the meme stock mania that we are seeing on the US markets with bankrupt companies getting bid up, says Ajay Bagga.”

The Nifty Auto index closed 0.4 per cent up at 12929.15.