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Indian markets saw volatility following Sensex's lifetime high and Nifty nearing its record level. Midcap and smallcap stocks underperformed, with IT, consumer durables, and metal stocks as top laggards. More sellers than buyers were seen and India's volatility index jumped 2.25% on Thursday.
Aether Industries on Monday, June 19, launched a QIP issue to raise up to Rs 750 crore and fixed the floor price of the issue at Rs 984.90 per share.
Sensex hit fresh lifetime highs, while Nifty 50 neared its record high, but Indian markets couldn't sustain their momentum due to global trends and delayed monsoons. Expert, said market volatility was exacerbated by consecutive days of net selling by FIIs.
Equity benchmark indices opened with slim gains on Monday as Dalal Street eyes consumer inflation for May and IIP data for April later today
The domestic indices rose today led by gains in automobile and consumer stocks. The 30-share BSE Sensex climbed 112 points or 0.18 per cent to trade at 62,960, while the broader NSE Nifty moved 34 points or 0.18 per cent higher to trade at 18,668.