The market opened flat on the first day of the week. During trading, the Sensex touched a record level of 55653 and Nifty 16577. At present, the Sensex is trading at 55,540 with a gain of 100 points and the Nifty is down 15 points at 16,540.
Out of 30 stocks of Sensex, 17 stocks are rising and 13 stocks are trading in the red mark. In which the shares of M&M and Tata Steel are trading with a gain of more than 1%.
The market is getting support from metal and FMCG stocks. Metal and FMCG index on NSE is trading with a gain of half a percent. In Metal Index, APL Apollo Tubes shares are trading with a gain of 3.50% and Vedanta Limited shares by 2.50%.
Trading is being done in 3,068 shares on BSE. In which 1,153 shares are rising and 1,783 shares are trading in the red mark. With this, the total market cap of the listed companies has also crossed Rs 240.21 lakh crore. Earlier on Friday, the Sensex closed at 55,437 with a gain of 593 points and the Nifty closed at 16,529 with a gain of 164.70 points.
The shares of Krishna Diagnostics are listed on the market. The company's shares were listed at Rs 1025 against the issue price of Rs 954. Windlass shares have also entered the market. The shares of Windlass are listed at Rs 439 against the issue price of Rs 460. The stock of Exaro has also been listed in the market. The shares of the company were listed at Rs 126 against the issue price of Rs 120.
The shares of Devyani International have been listed in the market. The company's shares were listed on BSE at Rs 141 with a premium of 56% against the issue price of Rs 90. At the same time, it has been listed on NSE at Rs 140.90. The company had opened an IPO from August 4 to August 6 for Rs 1838 crore. The IPO was subscribed 116 times. Out of this, a fresh issue of Rs 440 crore was issued. Whereas shares worth Rs 1398 crore have been sold in the offer for sale.
Inspira Enterprise India Limited has made preparations to bring an IPO. The company has given an application (DRHP) to the Securities Exchange Board of India (SEBI) for an IPO. The company plans to raise Rs 800 crore through IPO. In the IPO, fresh shares worth Rs 300 crore will be issued and there will be an offer for sale (OFS) of Rs 500 crore. In which the existing shareholders and promoters will sell their stake.
09:15 AM Sensex 55,479.74 and Nifty opened at 16,518.40 level.
Earlier, US stock markets also closed with gains. The Dow Jones climbed 0.04% to close at 35,515. The Nasdaq gained 0.04% to 14,822 and the S&P 500 gained 0.16% to 4,668.
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