Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmarks BSE Sensex and Nifty 50 ended nearly 6 per cent down on Monday amid negative global cues as tensions between the US and China weighed on investor sentiment. The 30-share index Sensex ended at 31,715.35, down 2002.27 points or 5.94 per cent. Similarly, the broader Nifty 50 index settled at 9,293.50, down 566 points or 5.74 per cent. As many as 28 stocks out of 30 Sensex stocks settled in a deep sea of red with ICICI Bank as top laggard, down 11 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank and Axis Bank. On the other hand, Bharti Airtel and Sun Pharma were the only Sensex gainers, up 3.49 per cent and 0.04 per cent, respectively. Barring Nifty Pharma, all the sectoral indices settled in negative territory. Nifty Private Bank index was top sectoral loser, down 8.60 per cent dragged by ICICI Bank, Federal Bank and IndusInd Bank. On the flip side, Nifty Pharma index posted gains led by Aurobindo Pharma, Cipla and Cadila Healthcare.
Reliance Industries (RIL) and Jio Platforms announced that Silver Lake will invest Rs 5,655.75 crore into Jio Platforms. This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5% premium to the equity valuation of the Facebook investment
announced on April 22, 2020, company said in a BSE filing.