Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices entered Monday’s trading session in a volatile fashion as both Sensex and Nifty danced between gains and losses. After initial minutes of trade, Sensex was down more than 150 points nearing 58,950 while NSE Nifty 50 was hovering around 17,000 mark. Reliance Industries was the top gainer on Sensex up 2.36%, followed by Dr Reddy’s, IndusInd Bank, HCL Technologies, and Tata Steel. Asian Paints was 1.7% down in red, accompanied by Bajaj Auto, HDFC, and Nestle India.
IPO of Star Health and Allied Insurance Company and Tega Industries will open for subscription this week. Star Health’s IPO will open on November 30 as the company, backed by big bull Rakesh Jhunjhunwala seeks to raise up to Rs 7,249 crore from the public issue. The issue is a mix of a fresh issue of equity shares and an offer for sale. On the other hand, Tega Industries’ IPO is purely an offer of sale of 1,36,69,478 equity shares by promoters and an existing shareholder. The IPO will see the selling shareholders raise close to Rs 619 crore.