Nifty Pharma, however, was up nearly one per cent and Nifty Metal index gained half a per cent
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in red after hitting record highs on Friday. During intraday, BSE Sensex surged to a fresh peak high of 53,290, while Nifty 50 rose to a new all-time high of 15,562. ITC, Asian Paints, RIL, Sun Pharma, Bharti Airtel, Power Grid Corporation of India, Tata Steel, HDFC were among the top index gainers. Wipro hit a fresh record high of Rs 589, surging 1.4 per cent, on BSE in Friday’s session, a day after the IT company announced Q1 results. On the flip side, Larsen & Toubro, Infosys, ICICI Bank, IndusInd Bank, Axis Bank, HCL Tech, Tech Mahindra, Maruti were top index draggers. The trend in Nifty sectoral indices was mixed. Nifty Bank index was down 0.20 per cent, and Nifty IT was flat with a negative bias. Nifty Pharma, however, was up nearly one per cent and the Nifty Metal index gained half a per cent.
Zomato, an online food delivery platform, which launched its Rs 9,375-cr IPO on Wednesday, saw its issue get subscribed 5.27 times so far on the third and final day of bidding. The mega public issue of the food-tech unicorn has seen a rousing response from investors with Qualified Institutional Buyers (QIB) and Retail investors having oversubscribed their quota. The price band of Zomato IPO is fixed at Rs 72-76 per share of the face value of Rs 1 each. Ahead of the IPO, Zomato raised over Rs 4,196 crore from 186 anchor investors at Rs 76 each.
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