India VIX slipped below 20 levels. (Image: REUTERS)
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity benchmarks were looking up on Friday morning amid positive cues from global peers. S&P BSE Sensex reached a high of 51,821 during the early hours of trade while Nifty 50 was above 15,300. ONGC, Axis Bank, L&T, and HDFC Bank were the top index gainers. Bajaj Auto, Sun Pharma, and HUL were down in the red. Volatility dropper further south as India VIX slipped 3% go below 20 levels. Among sectoral indices on NSE, only Nifty FMCG and Pharma were down in the red. Broader markets were in-line with the benchmark indices.
Anupam Rasayan’s Rs 760 crore initial public offering (IPO) opens for subscription today. The company is looking to sell shares in the price band of Rs 553-555 per share. Investors can bid for a minimum of 27 equity shares and in multiples thereafter, translating to a minimum investment of Rs 14,985. Ahead of the issue, Anupam Rasayan has raised Rs 224 crore from 15 anchor investors. The company informed the bourses that it has allocated 40.48 lakh shares to 18 anchor investors at Rs 555 per share. Nomura Funds Ireland Public Ltd Company, Fidelity International, Sundaram MF, SBI Life Insurance Co, IIFL Special Opportunities Fund, and Aditya Birla Sunlife Mutual Fund are among the anchor investors.
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