Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading nearly half a per cent up on Monday.
Rolex Rings, whose Rs 731-crore IPO got over 130 times subscription, will make its stock market debut on Monday, 9 August 2021.
“The Nifty has opened smartly and is trading above the 16300 level.
Rolex Rings’ Rs 731 crore IPO was a mix of fresh issue of equity shares worth Rs 56 crore while the remaining Rs 675 crore was an offer for sale by existing shareholders.
If the pair breaks and consistently trades above 74.40-50 levels, then the rupee is most likely to move near 74.80-90 levels in the near term and then towards 75.30-75.50 levels in the medium term.
Weighing on gold price is increased expectations of Fed’s monetary tightening post US non-farm payrolls data and some hawkish comments by Fed officials.
An evening star candlestick formation in hourly charts has forced a turn lower confirming a mean reversion move, that could stretch as far as 16033.
On the weekly chart the index has formed a long bullish candle forming higher High-low compared to previous week and has decisively broken out its past two months multiple resistance zone of 15900 levels on a closing basis.
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The prices of Petrol and Diesel have been left untouched by oil marketing companies for the twenty-third consecutive day.
The index finally broke its consolidation range on the higher side and witnessed a channel pattern breakout on 3rd August and registered a lifetime high 16349.45 levels on August 5.
Domestic equity benchmark indices enter this week’s first trading session on the back of more than 2% gains in the previous week.
In overnight trade on Wall Street, the Dow and the S&P 500 indices closed at record highs on Friday.
CarTrade Tech’s Rs 2,999-crore IPO will open for subscription on 9 August 2021, at a price band of Rs 1,585-1,618 per share of face value of Rs 10 each.