Share Market LIVE: Sensex dances between gains and losses, Nifty holds above 17500 support zone

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Dalal Street headline indices started the day flat with marginal losses but minutes into the day’s trade the indices turned positive. S&P BSE Sensex was up 70 points or 0.11%, sitting above 58,800 while the NSE Nifty 50 was nearing 17,600. Bank Nifty was up 0.50%, regaining 39,000 levels, after having given up the same earlier. Broader markets traded mixed. Tata Steel was the top Sensex gainer, up 2%, followed by IndusInd Bank, HDFC Bank, Sun Pharma, and State Bank of India. Reliance Industries was the top laggard, down 0.64%, accompanied by Bajaj Auto, TCS, Infosys, and Titan.

The IPO market is back in action from today as the public issue of Vedant Fashions opens for subscription. The parent company of ethnic-wear brands such as Manyavar and Mohey, Vedant Fashions is looking to raise Rs 3,149 crore from the primary market. The issue is entirely an offer for sale (OFS) by existing shareholders of the company. Being an OFS, the IPO will not result in Vedant Fashions raising any money. Investors can buy the shares of Vedant Fashions in a price band of Rs 824-866 per share.