Sensex, Nifty Likely To Have A Gap-Down Opening On Weak Global Cues Asian shares slipped again while perceived safe haven assets i.e. yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a surge in virus cases
Updated: July 19, 2021 8:38 am IST
At 7:30 am, the Nifty futures were trading lower by 1.6 per cent on Singapore Stock Exchange
The domestic stock markets are likely to open in the red in line with negative global cues. Trends on SGX Nifty indicate a gap-down opening for the Nifty, with a 216-points loss. At 7:30 am, the Nifty futures were trading at 15,305, lower by 216 points or 1.6 per cent, on the Singapore Stock Exchange.
Tatva Chintan Pharma Chem Shares In High Demand, IPO Subscribed Over 8 Times Tatva Chintan IPO: Retail investors were seen bidding for Tatva Chintan shares in large numbers as the portion reserved for them was subscribed 7.75 times.
Updated: July 19, 2021 1:01 pm IST
Tatva Chintan IPO: The Company is selling shares in the price band of Rs 1,073-1,083 per share.
Tatva Chintan Pharma Chem shares were in very high demand in the ongoing share sale via initial public offering (IPO) as the issue was subscribed over eight times by 11:40 am on the second day of the issue, data from stock exchanges showed. Tatva Chintan IPO received over 2.71 crore bids for 32.61 lakh shares on the offer, NSE data showed. More than 1.83 crore bids were received at the cut off price.
Grey market signals solid listing gains in GR Infra, Clean Science & Zomato
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The grey market premia of Zomato and Tatva Chintan Pharma Chem (TCPC) whose IPO is still one also remain sturdy, signalling solid buying interest in the primary market.
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Listing candidates GR Infra and Clean Science & Technology are trading at a premium of Rs 560 and 610, respectively, in the unofficial market.
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New Delhi: GR Infraprojects and Clean Science & Technology are set for a strong debut on Monday, as grey market premia suggested solid interest in the stocks after a robust response from investors during the book building process.
Shares of Reliance Industries (RIL) and Just Dial will be in focus. RIL through its retail arm Reliance Retail Ventures (RRVL) announced that it is acquiring a majority stake of 66.95% in local search engine company Just Dial for Rs 3,497 crore.
HDFC Bank reported 16.08% rise in standalone net profit to Rs 7,729.64 crore on 6.73% increase in total income to Rs 36,771.47 crore in Q1 FY22 over Q1 FY21.
Shares of GR Infraprojects will debut on the bourses today, 19 July 2021. The issue price was fixed at Rs 837 per share.
Shares of Clean Science & Technology will debut on the bourses today, 19 July 2021. The issue price was fixed at Rs 900 per share.
Sensex Loses Over 500 Points, Nifty Slips Below 15,800; Financials Weak Asian shares slipped again on Monday while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a relentless surge in coronavirus cases
Updated: July 19, 2021 9:27 am IST
HDFC Bank, HDFC, Kotak Mahindra Bank, Axis Bank and ICICI Bank have lost 1-3 per cent each on BSE
The domestic stock markets have lost more than 1 per cent at opening bell in line with negative global cues. At 9:20 am, the BSE Sensex was trading at 52,630.05, lower by 509 points or 0.9 per cent and the NSE Nifty was 15,783.90, down 139.50 points or 0.88 per cent. The broader markets were outperforming the largecap peers, with the BSE Midcap and BSE Smallcap indices shedding around half a per cent each. All the sectoral indices are trading in the red, with banks and financials doing the most damage.