Share market news today | Sensex, Nifty, LIVE Stock Quotes: Indian benchmarks opened with marginal gains amid high volatility. The BSE Sensex was up 63.69 points or 0.11% at 57039.68, and the Nifty was up 23.90 points or 0.14% at 17093. Bank Nifty was up 64 points or 0.18% at 36,228. leading losses, up one percent. While Realty Pack was the top winner. Powergrid, NTPC, Maruti, Kotak Mahindra Bank, Wipro were the top winners from Sensex, while Bharti Airtel, Dr Reddy, Sun Pharma, Titan, HUL, Asian Paints and Reliance Industries (RIL) were the laggards.
Life Insurance Corporation of India (LIC) will today launch the largest initial public offering (IPO) in the history of Indian stock markets. Through this IPO, the Indian government will liquidate its 3.5% stake in the company and aims to mop up around Rs 21,000 crore at the upper end of the price range of Rs 902-949 per share. This will result in an implied market capitalization of Rs 6 lakh crore for the company. “LIC’s mega IPO would also open on May 4, 2022, which is expected to attract many retail investors to the equity market, but may suck market liquidity,” said Siddhartha Khemka, Head of Research. on retail, Motilal Oswal Financial Services. .
Share market today | Sensex, Nifty, BSE, NSE, Stock Quotes, Stock Market News Live Updates May 4, 2022