Barring Nifty PSU Bank index, all the sectoral indices were trading in the red. Image: Reuters
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in the red on Wednesday. BSE Sensex gave up the crucial 52,000 level while the broader Nifty 50 index fell below the psychological 15,200. Nestle India, ONGC, Power Grid Corporation of India, Titan Company, ICICI Bank, HDFC were among top BSE Sensex laggards. Stocks of IndusInd Bank, UltraTech Cement, Bajaj-Auto, Reliance Industries Ltd (RIL), State Bank of India (SBI) were among Sensex gainers. Barring Nifty PSU Bank index, all the sectoral indices were trading in the red. Nifty Metal index was down 0.84 per cent, while Nifty Financial Services index slipped 0.64 per cent. On the flip side, Nifty PSU Bank index gained 1.75 per cent.
The Rs 100-crore IPO of Nureca Ltd was subscribed 15 times on the second of the bidding process. The issue will close for subscription today. The equity shares of Nureca are proposed to be listed on BSE and NSE. While the Rs 820-crore initial public offering (IPO) of RailTel Corporation of India (RailTel) was subscribed 2.6 times on the first day of the bidding process. The price band of the issue was fixed at Rs 93-94 per share with a face value of Rs 10. Minimum application size for the issue has to be 155 equity shares.
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