Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty ended the day with mild gains after dancing between gains and losses for most of the day. Midcap and small cap indices underperformed.
Shanghai Composite, Hang Seng, Nikkei 225, and KOSDAQ were all trading with losses. SGX Nifty too was trading over 55 points lower during the early hours of trade on Wednesday.
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty ended the day with mild gains after having moved between gains and losses for the entire day. S&P BSE Sensex rose 94 points during the day’s trade to close at 38,067 mark. The 50-stock Nifty managed to gain but ended below the 11,300 mark which analysts say is the crucial levels that the benchmark needs to breach. Tech Mahindra and Titan shares were the top gainers, jumping close to 3% each. On the other hand Bharti Airtel, IndusInd Bank and Tata Steel were the top drags. Volatility slipped 0.42% during the day.
Adding to the list of global investors, Mukesh Ambani’s Reliance Retail on Wednesday morning announced that General Atlantic will invest Rs 3,675 crore into the firm for a 0.84% equity stake on a fully diluted basis. The subsidiary of Reliance Industries Ltd (RIL), has been valued at a pre-money equity value of ₹ 4.285 lakh crore. This is the second investment by General Atlantic into Reliance Industries after a Rs 6,598.38 crore investment in Jio Platforms earlier this year. Reliance Retail has now managed to get three investors, who have collectively poured in over Rs 16.6 lakh crore into the firm.