Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity markets benchmarks Sensex and Nifty ended in positive territory with marginal gains on Thursday led by buying in TCS, HUL, Asian Paints and Kotak Mahindra Bank. S&P BSE Sensex settled 61 points or 0.16 per cent higher at 38,470, while the broader Nifty 50 index closed at 11,269, down 18 points or 0.16 per cent. As many as 17 stocks out of 30 Sensex stocks ended in the green today. Kotak Mahindra Bank was the top Sensex gainer, up 2.74 per cent, followed by HCL Tech, HUL and TCS. Conversely, RIL was the top laggard on the Sensex, with a decline of 2.06 per cent. Tech Mahindra, ICICI Bank, Power Grid were among other losers on the pack. Three out of 11 Nifty sectoral indices finished in red. The Nifty Metal index lost 0.84 per cent dragged by Hindalco, National Aluminium Company and SAIL. While Nifty FMCG index gained over one per cent driven by Jubilant Foodworks, Godrej Consumer Properties and HUL.
SBI Cards IPO received a bumper response from the investors on the last day of the bidding process. The issue was oversubscribed 26 times. The entire issue size is Rs 10,350 crore, including about Rs 2,500 crore raised from anchor investors. After the IPO, SBI will reduce its holding in the card issuer to 69 per cent from the existing 74 per cent and Carlyle group’s shareholding will drop to 16 per cent from the current 26 per cent.