Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices ended the day up 453 points in a session that was marred by volatility. S&P BSE Sensex was 371 points or 1.17% higher at 32,114 points, while the broader 50-stock NSE Nifty gained 119 points or 1.29% to sit at 9,401 points. Despite a 16% fall in profits, private lender IndusInd Bank was the top gainer on S&P BSE Sensex, up by 16.85%, followed by Bajaj Finance, up 9.3% and HDFC, up 8%. Sun Pharma was the worst-performing stock, down 3%. Among the sectoral indices on the National Stock Exchange, private banks continued to shine sharp as the Nifty Private Bank index surged 3.15%, followed by Nifty Bank and Nifty Financial Services.
Mukesh Ambani led Reliance Industries Ltd (RIL), in an attempt to become a net-zero debt company, is considering a rights issue of equity shares. Reliance Industries, in a filing to the stock exchanges, said that the board will consider a rights issue when it meets on April 30. RIL is India’s most valuable listed company with a market capitalization of Rs 9.25 lakh crore. Earlier, last year, Mukesh Ambani had disclosed his goal of making the company a zero-net-debt firm. Recently RIL sold a 10% equity stake in its telecom arm, Reliance Jio to Mark Zuckerberg’s Facebook for Rs 43,574 crore.