Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets opened with losses on Wednesday morning, falling below 60,100 in the initial minutes of trade while Nifty 50 managed to hold just above 17,900. Bank Nifty was half a percent down, just above 38,000 mark. Broader markets traded mixed as smallcaps gained. India VIX, the volatility gauge, was down over 3%. HDFC was the worst performing stock on Sensex, down 1.1%, followed by Reliance Industries, Dr Reddy, and bank stocks. Asian Paints was up 1.7% as the top gainer, followed by NTPC, Maruti Suzuki India, and ITC.
Tarsons Products IPO enters the final day of sale today, after having been oversubscribed by all sections of investors. Qualified Institutional Buyers have bid for 1.3 times their portion while NIIs have bid for nearly 4 times the portion reserved for them. Retail investor quota has been subscribed 4.7 times, taking the overall subscription to 3.58 times. Further in the primary market, Go Fashion’s IPO will open for sale today. Through the Rs 1,013 crore public issue, the company is selling shares in the fixed price band of Rs 655-690 per share. The issue consists of a fresh issue of equity shares and an OFS by existing shareholders.