Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 ended marginally higher on Monday, led by buying in Reliance Industries (RIL), TCS and HDFC. The 30-share Sensex gained 60 points or 0.16 per cent to end at 38,417, while the broader Nifty 50 index settled at 11,373, up 40 points or 0.35 per cent. ITC and Hindustan Unilever were top Sensex gainers, up nearly 2 per cent, followed by TCS, Asian Paints, HDFC and Axis Bank. On the other hand, M&M was the top Sensex laggard, down 3.43 per cent. Bajaj Finance, NTPC, UltraTech Cement, ONGC, Bharti Airtel and IndusInd Bank were the other losers. Most of the sectoral indices settled in the negative territory. Nifty FMCG, Nifty IT and Nifty Media were the only indices that ended in the green.
Happiest Minds Technologies initial public offering (IPO) was oversubscribed within less than three hours from the opening of the window. The IPO saw a massive response from retail investors who subscribed to the issue over 5 times their quota. From the 2,32,59,550 shares that are up for a subscription, bids were received for 2,53,23,020 shares which translated to a 1.09 times subscription rate.