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Share Market LIVE: SGX Nifty suggests tepid start for Sensex, Nifty; Venus Pipes, Delhivery IPOs to open today

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Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic markets continued to move southward on Tuesday as bears remained in control, forcing Sensex, Nifty to give up all intraday gains. S&P BSE Sensex ended the day at 54,356 points, down 105 points or 0.19% while the NSE Nifty 50 index dropped 61 points or 0.38% to settle at 16,240. Bank Nifty outperformed, closing 0.60% higher on the day. Entering Wednesday’s trade, SGX Nifty was down in the red, suggesting a gap-down opening for domestic equities. Global cues were mixed with Dow Jones having closed with losses while S&P 500 and the NASDAQ index gained. South Asian stock markets were also trading mixed.

IPO market will continue to witness action today with public offers of Delhivery and Venus Pipes set to open. Delhivery is looking to raise Rs 5,235 crore from the issue which is a mix of fresh issue of equity shares and an offer for sale (OFS) by existing shareholders of the company. Meanwhile, Venus Pipes is expected to mop up Rs 165.41 crore from the IPO, which is entirely a fresh issue. Venus Pipes has raised Rs 49 crore from anchor investors ahead of the issue while Delhivery has managed to raise Rs 2,347 crore. Both the issues will close on Friday.

Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Live Updates

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