Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in the green on Thursday, a day of F&O July contracts expiry.
The shares were seen trading at a premium of Rs 1,200 apiece in the primary market over the IPO price of Rs 1,073-1,083 per share.
Until we do not get past either of the two levels, the Nifty will not witness a significant move.
A subsidiary of the publicly traded Glenmark Pharmaceuticals, the company is a developer and manufacturer of high value, non-commoditized APIs in chronic therapeutic areas with a strong partnership with global players.
Tatva IPO had received bids for 58.83 crore shares against 32.61 lakh shares on offer and saw a whopping 180.36 times subscription rate, making it the second-most subscribed public issue of the calendar year 2021.
On Multi Commodity Exchange, gold August futures were trading Rs 194 or 0.41 per cent up at Rs 47,780 per 10 gram, against the previous close of Rs 47,577.
On the domestic front, the cabinet has announced the enactment of the Deposit Insurance Credit Guarantee Corporation Bill, which would ensure an amount of Rs 5 lakh stored in bank accounts.
Nifty is expected to open flat at 15715, yesterday Nifty gave a sharp up move after making a low of 15513, Nifty will face resistance in 15720-15780 range, above which 15850 levels can be seen.
NSE Nifty 50 may trade in the 15,500-15,800 range today on monthly futures & options expiry, while 34,500 will act as an important level for Bank Nifty.
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The prices of Petrol and Diesel have once again been left unchanged at record highs by oil marketing companies, marking the twelfth day of unchanged prices.
In the Nifty current series, there has been a Long Unwinding witnessed with decrease in price of -0.78% and decrease in OI by -52% as on today wherein there was shedding of 48.19 lakh shares in OI, decreasing from 93.23 lakh to 45.04 lakh shares .
While the Nifty is broadly consolidating in a range, we observe that the index is making lower bottoms over the last few weeks.
Tatva Chintan Pharma Chem shares were trading strong in the primary market ahead of listing.
Bears continued to assert control on Dalal Street, forcing the benchmark indices to close in the red for the third day straight on Wednesday.
Other Asian stock markets were mostly higher after US Federal Reserve left the benchmark interest rates near zero.