All the Nifty sectoral indices were trading in the positive territory led by Nifty Bank and Nifty Financial Services indices. Image: Reuters
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over 2.5 per cent strong on Tuesday, led by buying in banks and financial stocks. Sensex was hovering around 49,800, while the broader Nifty 50 index crossed 14,600. HDFC Bank, Housing Development Finance Corporation (HDFC), ICICI Bank, Infosys, Larsen & Toubro, Tata Consultancy Services (TCS) were among top BSE Sensex contributors. Barring Hindustan Unilever Ltd (HUL), all the BSE Sensex constituents were trading in the green. LT was the top Sensex gainer, followed by HDFC Bank, Bajaj Finance, Tech Mahindra, HDFC and SBI. All the Nifty sectoral indices were trading in the positive territory led by Nifty Bank and Nifty Financial Services indices, up over 3 per cent. Nifty Bank index hit a fresh 52-week high today. In the overnight trade on Wall Street, the S&P 500 registered its biggest daily percentage gain since November 24 on Monday. The Dow Jones Industrial Average rose 0.76 per cent, the S&P 500 gained 1.61 per cent, and the Nasdaq Composite added 2.55 per cent.
Sequoia Capital-backed Rs 1,170-crore Indigo Paints initial public offer (IPO), which received a robust response from investors across all investors, is set to debut on bourses on Tuesday. Indigo Paints is so far the most subscribed initial public offering (IPO) of 2021 after it garnered bids 117 times the issue. Indigo Paints shares were last seen trading with a premium of Rs 820 per share over its issue price in the grey market. Indigo Paints has grown at a 42% CAGR over the financial year 2010 to 2019 against a 12-13% CAGR recorded by top four players.
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