Key indices are trading lower in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 93.58 points or 0.2% at 46,796.76. The Nifty 50 index was down 7.20 points or 0.05% at 13,733.50. Asian stocks are trading mixed.
The S&P BSE Mid-Cap index was off 0.42%. The S&P BSE Small-Cap index was down 0.51%.
The market breadth, indicating the overall health of the market, is weak. On the BSE, 802 shares rose and 1257 shares fell. A total of 82 shares were unchanged.
Stocks in news:
Zee Entertainment Enterprises (ZEE) declined 0.27%. ZEE said that the board of directors of the company has approved the acquisition of film production and distribution business as a going concern, on a slump sale basis from Zee Studios (formerly known as Essel Vision Productions), a wholly owned subsidiary of the company, for a cash consideration. Also the board of directors of the company considered and approved the transfer of the Digital Publishing Business Division of the company t
Nifty, Sensex continues to push higher – Thursday closing report
Moneylife Digital Team / IANS
0
We had mentioned in Wednesday’s closing report that Nifty, Sensex were creeping higher. On Thursday, the major indices continued to rise and closed with decent gains. On the NSE, there were 846 advances, 1,068 declines and 317 unchanged.
The trends of the major indices in the course of Thursday’s trading are given in the table below:
Divis Laboratories crossed the Rs 1 lakh crore market-capitalisation. Burger King stock price hit the lower circuit.
Jubilant FoodWorks launched its Biryani brand- Ekdum. It will offer a variety of twenty different biryanis curated from various parts of India using authentic ingredients.
From SBI Cards To Burger King, These Were The Biggest IPOs Of 2020 The public offer of US-based Burger King s Indian unit, Burger King India, is estimated at Rs 810 crore, comprising fresh issuance of shares worth Rs 450 crore.
Updated: December 31, 2020 7:46 pm IST
Calendar year 2020 saw the market debut of 13 companies, starting SBI Cards and Payment Services in March. The country s IPO market slowly gained momentum following a lukewarm response to the listing of the credit card arm of the country s largest bank. Mazagon Dock Shipbuilders IPO, in September, was subscribed more than 157 times the shares on offer, making it the best public offer of the year. In terms of IPO subscription, Mazagon was followed by the IPOs of Burger King India and Happiest Minds Technologies, which were subscribed almost 157 times and 151 times respectively.