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Sensex Today | Stock Market LIVE Updates: Bharti Airtel, HCL Technologies, SBI Life Insurance, Dr Reddy's Labs and Wipro were among major gainers on the Nifty, while losers were Nestle India, Power Grid, Eicher Motors, M&M and Reliance Industries.
Ramdevbaba Solvent debuts with 31.8% premium on NSE SME platform. IPO oversubscribed 100 times. Proceeds for new facility, debt repayment. Manufacturer of rice bran oil serving FMCG companies like Marico, Mother Dairy with diverse product range.
The market may consolidate further with focus on the March FY24 quarter earnings, advance estimates for quarterly US GDP and Middle East tensions, in the coming week.
Last week saw the opening of Vodafone Idea follow-on public offerings aiming to raise over ₹18,000 crore. The mainboard segment will witness the opening of JNK India IPO for subscription in the coming week to raise around ₹649 crore.
The SME segment will remain busy with four companies making its market debut this week. Faalcon Concepts, Green Hi-Tech Ventures, Grill Splendour Services and Ramdevbaba Solvent will list on the SME platform this week.