Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were set to see a muted opening on Friday, as suggested by trends on SGX Nifty in early trade. Nifty futures were ruling just 3 points up at 17111.50 on Singaporean Exchange. In the previous session, BSE Sensex ended 582 points or 1 per cent down at 57277, while NSE Nifty 50 index ended at 17110, up 168 points or 1 per cent. Asian stock markets were trading mostly higher in the early trade. Japan’s Nikkei gained 1.71%, while the Topix was up 1.58%. South Korea’s Kospi rose 0.62%. In the overnight trade, Wall Street gyrated wildly on Thursday. Dow Jones Industrial Average ended 0.02 per cent down, S&P 500 lost over half a per cent, and the tech-heavy Nasdaq Composite declined 1.4 per cent.
Adani Wilmar IPO received a 57 per cent subscription on the first day of the issue. The public issue received bids for 7.04 crore shares as against 12.25 crore shares on offer. The portion for retail individual investors (RIIs) received 96 per cent subscription, while qualified institutional buyers (QIBs) got 30 per cent and non-institutional investors 54 per cent.
All the Nifty sectoral indices were trading in the green, led by gains Nifty Realty, Nifty IT, Nifty FMCG indices, up in the range of 1-2%
Google will invest up to $1 billion in Bharti Airtel, which includes an investment of about $700 million to acquire a stake in the company, to jointly develop affordable smartphones and research 5G use cases, the telco said in an announcement Friday. Google will acquire about 1.28% stake in the company at a price per share of Rs 734, the company added.
Housing Development Finance Corporation (HDFC), HDFC Bank, and Bharti Airtel were the only gainers on the 30-share index
NTPC, Mahindra & Mahindra (M&), IndusInd Bank, Wipro, Tata Steel, Sun Pharma, Tech Mahindra, RIL were among the top BSE Sensex gainers
BSE Sensex jumped over 600 points or 1.09 per cent to trade at 57,907, while Nifty 50 index reclaimed 17300.
Google will invest $1 billion in Airtel which will comprise of a $700 million equity investment in Bharti Airtel at a price per share of Rs 734. Up to $300 million that will go towards implementing commercial agreements, which will include investments in scaling Airtel’s offerings that covers a range of devices to consumers via innovative affordability programs as well as other offerings aimed at accelerating access and digital inclusion across India’s digital ecosystem.
Bharti Airtel and Google today announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. As part of this partnership, Google intends to invest up to $1B, as part of its Google for India Digitization Fund, which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.
BSE Sensex jump over 350 points to trade at 57,628, while Nifty 50 index was approaching 17200 in pre-opening session
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: Petrol and diesel prices were left unchanged by Oil Marketing Companies (OMC) on January 28 across the country. Petrol in the National Capital of Delhi currently retails at Rs 95.41 per litre while diesel in the city is priced at Rs 86.67 per litre. In Mumbai, a litre of petrol and diesel cost Rs 109.98 and Rs 94.14, respectively. Fuel prices have been stable since the central government cut excise duty to bring down retail rates from record highs in November last year. Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with benchmark international price and foreign exchange rates.
The government will list the country’s largest insurer LIC on the stock exchanges by March-end, a top official said on Thursday. The draft papers for LIC’s initial public offering (IPO) is being finalised and will be filed with market regulator Sebi soon for its approval. “LIC disinvestment amount will be included in this year’s (Budget) because we aim to list it before March 31,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI. LIC IPO is crucial for meeting the disinvestment target set for the current fiscal ending March 2022.
The Rs 3,600-crore initial public offering (IPO) of Adani Wilmar was subscribed 61% on the first day of bidding. The retail portion was fully subscribed during the day, while the portion reserved for qualified institutional buyers and non-institutional investors was subscribed 57% and 31%, respectively. The three-day share sale will conclude on January 31.
The initial public offering of edible oil major Adani Wilmar received a 57 per cent subscription on the first day of the issue on Thursday. The IPO received bids for 7,04,43,165 shares as against 12,25,46,150 shares on offer, according to an update on the BSE. The portion for retail individual investors (RIIs) received 96 per cent subscription, while qualified institutional buyers (QIBs) got 30 per cent and non-institutional investors 54 per cent. The IPO of up to Rs 3,600 crore is in a price range of Rs 218-230 per share.
In the overnight trade, Wall Street gyrated wildly on Thursday. Dow Jones Industrial Average ended 0.02 per cent down, S&P 500 lost over half a per cent, and the tech-heavy Nasdaq Composite declined 1.4 per cent.
Asian stock markets were trading mostly higher in the early trade. Japan’s Nikkei gained 1.71%, while the Topix was up 1.58%. South Korea’s Kospi rose 0.62%.
Nifty futures were ruling just 3 points up at 17111.50 on Singaporean Exchange.
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