Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks Sensex and Nifty ended lower on Wednesday even after rebounding 563 points from day’s low as the Union Health Minister Harsh Vardhan said the number of confirmed cases in India have risen to 28. The S&P BSE Sensex ended 214.22 points lower at 38,409 while the broader Nifty 50 index dropped 52 points to 11,251. Among the top gainers were Sun Pharma, Asian Paints, Tech Mahindra and Power Grid. While the losers were led by IndusInd Bank, Bajaj Finance, ITC and UltraTech Cement. Barring Nifty IT and Nifty Pharma index, all the sectoral indices closed in red. Nifty Bank index dropped 500 points dragged by Yes bank, IndusInd Bank and HDFC Bank. Conversely, Nifty IT index settled higher led by gains in Tech Mahindra, Wipro, TCS and Infosys.
SBI Cards and Payment Services initial public offering (IPO) was oversubscribed seven times so far on the third day of bidding. The SBI Cards IPO will remain open till March 5 for retail investors while other categories can only bid till March 4. The issue price for SBI Cards IPO has been fixed at Rs 750-755.