Market LIVE: Nifty crosses 16,300 for first time, Sensex reaches fresh all-time high above 54,600

Share Market Today, Share Market LiveIndia VIX was trading flat with negative bias.
(Image: REUTERS)

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices claimed new all-time highs on Thursday’s opening bell. Sensex touched 54,576 while Nifty 50 crossed 16,290. Minutes into the day’s trade both the benchmark indices were seen trimming gains to trade flat with a positive bias. Bank Nifty was down in the red, falling 0.23% to give up 36,000 mark. Midcap and smallcap indices underperformed and traded with losses. India VIX was in the red. Bharti Airtel was up 2.8% as the top Sensex gainer, followed by Tech Mahindra, Asian Paints, Nestle India, and Reliance Industries. IndusInd Bank was the top Sensex drag, falling 1.8%, followed by ICICI Bank, HDFC, Maruti Suzuki India, and Titan.  

IPOs of Devyani International, Windlas Biotech, Krsnaa Diagnostics, and Exxaro Tiles were oversubscribed on the first day of bidding. Devyani International’s IPO was subscribed 2.69 times by investors with retail investors bidding for their portion 11.37 times. Windlas Biotech IPO was subscribed 3.18 times at the end of the day. Retail investors have bid for the issue 6.22 times. Krnaa Diagnostics’ IPO was subscribed 1.98 times on day one, retail investors have so far bid for their portion 9.59 times. Exxaro Tiles issue was subscribed 4.67 times. All the four IPOs will remain open for subscription till Friday evening. 

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