Share Market News Today | Sensex, Nifty, Share Prices LIVE: On Tuesday morning, SGX Nifty was up more than 150 points, hinting at a possible pullback attempt by the bulls.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets saw the wrath of bears on Monday, ending deep in the red. S&P BSE Sensex fell 1,189 points or 2.09% lower at 55,822 while the NSE Nifty 50 index was down 371 points or 2.18% at 16,614. Broader markets mirrored the fall. On Tuesday morning, SGX Nifty was up more than 150 points, hinting at a possible pullback attempt by the bulls on Dalal Street. Global cues are mixed as Dow Jones, S&P 500 and the NASDAQ closed deep in red overnight but Asian stock markets were inching higher. Shanghai Composite, Hang Seng, TOPIX, Nikkei 225, KOSPI, and KOSDAQ were all in the positive territory.
Shares of CE Info Systems (MapMyIndia) will list on the stock exchanges today. The Rs 1,039 crore public issue, which was entirely an offer for sale, was heavily oversubscribed by investors earlier this month. Qualified Institutional Buyers (QIB) had bid for the IPO 196 times while the Non-Institutional Investor portion was subscribed a massive 424.69 times. The retail category was subscribed 15.2 times, taking the overall subscription tally to 154.71 times. Shares of MapMyIndia were offered to investors in a fixed price band of Rs 1000-1033 per equity share. Ahead of the listing day, shares of MapMyIndia were trading at a strong premium of over Rs 600 per share in the grey market.
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