Barring Nifty Metal and Nifty Realty indices, all the sectoral indices were trading in the positive territory. Image: Reuters
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over 1.5 per cent higher on Wednesday. Sensex was ruling above 49,600, while the broader Nifty 50 index crossed 14,800. Bajaj Finance, Bajaj-Auto, Bajaj Finserv, Mahindra & Mahindra, IndusInd Bank, Bharti Airtel, SBI were among top Sensex gainers Barring Nifty Metal and Nifty Realty indices, all the sectoral indices were trading in the positive territory. Nifty Auto index was up 1.5 per cent and Nifty Bank index gained 0.72 per cent.
Info Edge Ltd on Tuesday informed that Zomato Limited has proposed an IPO of its equity shares, comprising a fresh issue and an offer-for-sale (OFS) by Info Edge (India) Limited. The company in a BSE filing said that the Board of Directors of the company considered and have given their approval to the company to participate in the said OFS of up to such number of shares of Zomato Ltd as would aggregate upto Rs 750 crore, the terms and conditions of which will be specified in the Draft Red Herring Prospectus (DRHP), the Red Herring Prospectus (RHP) and the Prospectus, and in certain other offer documents and agreements.