Sensex, Nifty fall 2.60% each; IT, metal drag amid global market rout
May 19, 2022 16:09 ISTSensex dived 1,416.30 points or 2.61 per cent to settle at 52,792.23 while Nifty tanked 430.90 points or 2.65 per cent to end at 15,809.40.
Sensex dived 1,416.30 points or 2.61 per cent to settle at 52,792.23 while Nifty tanked 430.90 points or 2.65 per cent to end at 15,809.40.
Delhivery IPO allotment/subscription status will be available on the BSE website and the official registrar's website Link Intime Private Limited.
ITC shares price hit a fresh 52-week high of Rs 279 on the NSE on Thursday. ITC has announced to pay a dividend of Rs 6.25.
Sensex and Nifty fall sharply on Thursday in line with an extremely weak trend in the global markets.
IOC bonus share, IOC dividend record date 2022: Indian Oil Corporation has said that the record date for bonus shares is July 1.
Crude oil prices also surged by over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44.
The government sold over 22.13 crore shares or a 3.5 per cent stake in LIC through the IPO. It fetched Rs 20,557 crore.
The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42.
The value of the rupee depreciated mainly due to persistent foreign fund outflows and elevated global crude oil prices.
LIC Share Price: LIC IPO was subscribed 2.95 times. The government fixed the issue price of LIC shares at Rs 949 apiece, the upper end of the IPO price band.
The economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events.
Grey market is also known as the 'parallel market' where financial securities are traded and investors trade for shares or IPO applications before they are listed in the secondary market.
The 30-share BSE benchmark pared all intra-day gains and declined 136.69 points or 0.26 per cent to end at 52,793.62. During the day, it had rallied 855.4 points or 1.61 per cent to 53,785.71.
Bluechip Stocks To Buy, Bluechip Fund: The current downfall saw many stocks trading at a price that investors would have barely imagined after the marathon rally post-pandemic last year that took the index to 18,604.45.
The 30-share BSE Sensex tumbled 1,158.08 points or 2.14 per cent to end below the 53,000-level at 52,930.31.
FHRAI cautioned that Oyo's IPO will allegedly wipe out public wealth while enriching its founders and key management.
LIC Allotment Status: LIC IPO Those who have bid for LIC IPO can check their allotment status at BSE website or at the official website of its registrar KFin Technologies Limited. LIC IPO GMP has turned negative.
Equity benchmark indices opened on a negative note on Thursday with the Nifty slipping below the 16,000 and Sensex falling nearly 850 points.
Unabated selling by foreign institutional investors and a jump in crude prices also weighed on sentiment, traders said.
Delhivery IPO comprises fresh issuance of equity shares worth Rs 4,000 crore and an Offer for Sale (OFS) component of Rs 1,235 crore by existing shareholders.
Top News
Latest News