Share Market LIVE: Sensex falls 500 pts, Nifty below 18000 amid weak global cues; Tata Motors top loser
By The Financialexpress
Share Market News Today | Sensex, Nifty, Share Prices LIVE:
Indian benchmark indices opened in red amid weak global cues.
The Sensex opened 334.88 points or 0.55% at 60491.34 and fell further, while NSE Nifty 50 gave up the psychological level for 18000.
Tata Motors, Tata Steel, Wipro, Hindalco and Infosys were among the major losers on the Nifty, while Sun Pharma.
Dr Reddy’s Laboratories, Cipla and ONGC were the gainers.
Barring Nifty Pharma index, all sectors drowned in the sea of red, with Nifty Media, Nifty Metal, and Nifty PSU Bank indices declining the most.
Among individual stocks, shares of India Cements declined over 2% after trade regulator CCI conducted search operations at its Chennai office.
Shares of the premium automobile retailer Landmark Cars will debut on the bourses on 23 December.
The issue price for the IPO has been fixed at Rs 506 per share. Abans Holdings, the financial services subsidiary of Abans Group will also list shares on the BSE and NSE on Friday.
The final offer price has been fixed at Rs 270 per share.
Meanwhile, Radiant Cash Management Services IPO will open for subscription today.
The company is offering over 2.79 crore equity shares in the issue at a price band of Rs 94-99 per share.
