Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 reversed morning gains and were trading in red on Tuesday. BSE Sensex fell below 52,500, while the Nifty 50 breached the 15,700 support on the downside. Tata Steel, Titan Company, ICICI Bank, IndusInd Bank, Bajaj Finance, Power Grid Corporation of India, HDFC Bank, SBI were among top Sensex gainers. HCL Technologies, Axis Bank, Housing Development Finance Corporation (HDFC), Nestle India top index laggards. All the Nifty sectoral indices were trading in the green, led by Nifty Metal index. Bank Nifty was ruling half a per cent higher, and Nifty FMCG index gained 0.14 per cent.
Glenmark Life Sciences’ Rs 1,514 crore initial public offering (IPO) opened today and received a strong response from investors, fully subscribing to the issue in less than two hours. So far, retail investors have subscribed to the issue 2.46 times. Retail investor interest has been strong for the public issue, subscribing to their quota of the issue within the initial hour. Non-institutional investors have subscribed to the issue 0.21 times so far. Meanwhile, Qualified Institutional Buyers (QIB) are yet to bid for the issue in any significant quantity.