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Sensex adds 134 pts; Mindtree jumps 8%, Wipro adds 7%, realty stocks slip
In the primary market, the Rs 9,300-crore initial public offer (IPO) of Zomato was subscribed 57 per cent till 3:30 PM on the first day of the issue
Topics
MARKET LIVE | Markets | Zomato
SI Reporter |
Last Updated at July 14, 2021 16:19 IST
EVENT HIGHLIGHTS
Stock market updates: Domestic stock markets bucked the weak global trend and ended with modest gains on Wednesday as investors were quick to purchase information technology (IT) stocks after healthy June quarter results by Mindtree. The Nifty IT index was the best sectoral index today, up 3 per cent on the NSE.
Overall, the Nifty50 index ended 42 points, or 0.26 per cent, higher at 15,584 levels while the BSE barometer of 30 shares closed at 52,904, up 134 points or 0.25 per cent. In the broader market, the BSE MidCap and SmallCap indice added 0.21 per cent and 0.45 per cent, respectively.
Meanwhile in the primary market, the Rs 9,300-crore initial public offer (IPO) of Zomato was subscribed 57 per cent till 3:30 PM on the first day of the issue. The retail portion was subscribed 2.4x while QIB and NII portions were at 20 per cent and 9 per cent.
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