Except for Nifty Pharma and Nifty Auto indices, all the Nifty sectoral indices were trading in the negative territory.
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading lower on Tuesday, following mixed global cues. BSE Sensex was hovering around 46,075 levels while the broader Nifty 50 was ruling below 13,550. Out of 30 Sensex stocks, 20 scrips were trading in the red. ONGC was top Sensex laggard, followed by Axis Bank, Tata Steel, State Bank of India (SBI), IndusInd Bank, TCS, Reliance Industries Ltd (RIL) among others. Top BSE Sensex gainers were HDFC Bank, UltraTech Cement, Bharti Airtel, Bajaj Finance, HCL Tech, Kotak Mahindra Bank and Maruti Suzuki among others. Except for Nifty Pharma and Nifty Auto indices, all the Nifty sectoral indices were trading in the negative territory. Nifty PSU Bank index was the top loser along with Nifty Metal index.
Mrs Bectors Food Specialities IPO is scheduled to open for subscription on Tuesday. The Rs 540-crore public issue will be sold in the price band of Rs 286-288 apiece. The IPO would consist of a fresh issue of Rs 41 crore and an offer-for-sale (OFS) of Rs 500 crore by the existing PE investors. Mrs Bectors Food Specialities raised Rs 162 crore from anchor investors ahead of its initial public offer opening on December 14. Ahead of IPO subscription, Mrs Bectors Food shares were seen trading with Rs 232-235 premium over the issue price of Rs 288 apiece in the grey market.