Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were sitting in the green on Wednesday, one day ahead of weekly options expiry. BSE Sensex was hovering around 52,927, while the Nifty 50 index was above 15,800. Maruti Suzuki, Hindustan Unilever, Dr Reddy’s, Nestle India, and Reliance Industries were among top index laggards. Larsen & Toubro (L&T), Tech Mahindra HCL Tech, Sun Pharma, Power Grid Corporation of India, TCS, Infosys were among top Sensex gainers. Barring Nifty Auto, Nifty FMCG, Nifty PSU Bank, and Nifty Realty, all the sectoral indices were trading in the green. Bank Nifty was up 0.07%.
Zomato’s Rs 9,375-crore IPO, India’s biggest this year, opens on Wednesday, 14 July 2021. The IPO will be open for subscription till July 16. The IPO, which will give Zomato a valuation of Rs 64,365 crore, is being touted as the second-biggest since SBI Cards and Payment Services’ Rs 10,341 crore issue in March 2020. Post IPO, the valuation of Zomato will be more than the combined market capitalisation of five listed fast food and restaurant companies — Jubilant FoodWorks, Burger King India, Westlife Development, Barbeque-Nation Hospitality and Speciality Restaurants.
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