In the previous session, Sensex had ended 397 points or 0.78 per cent lower at 50,395.08. The broader NSE Nifty finished 101.45 points or 0.67 per cent down at 14,929.50.
Kalyan Jewellers' IPO will open for subscription today. The company has fixed a price band of Rs 86-87 a share. Kalyan Jewellers' premium in the grey market is weak.
Equity benchmark Sensex tumbled 397 points on Monday, tracking losses in index heavyweights Reliance Industries, HDFC twins and ICICI Bank amid weak macroeconomic cues.
Shares of MTAR Technologies on Monday made a blockbuster debut with a premium of 85 per cent against its issue price of Rs 575. It listed at Rs 1,063.90, registering a gain of 85 per cent from the issue price on BSE. Later, it jumped 95.65 per cent to Rs 1,125. On NSE, it debuted at Rs 1,050 - a premium of 82.60 per cent.
Kia Corporation, South Korea's second-biggest carmaker, on Monday revealed the design of the EV6, its first dedicated all-electric model built on Hyundai Motor Group's EV platform, ahead of its global unveiling later this month.
MTAR Technologies share is scheduled for listing today. MTAR share will be listed on NSE and BSE at 10 am. MTAR grey market premium (GMP) shows a bumper listing gain.
Riding on the upbeat market sentiment, as many as five companies are set to come out with initial public offers this week to raise an estimated Rs 3,764 crore.
Snapping its three-session rising streak, equity benchmark Sensex tumbled 487 points on Friday, tracking losses in financial and auto stocks.
Anupam Rasayan commenced operations. The Surat-based firm's IPO is open for subscription. The public issue will close on March 16.
Nazara Technologies' IPO will open on March 17. Rakesh Jhunjhunwala-backed Nazara Technologies' shares are commanding a premium of Rs 620 in the grey market.
Equity benchmark Sensex rallied over 500 points in opening trade on Friday, buoyed by gains in financial and IT stocks amid positive global cues.
MTAR Technologies IPO allotment has been finalised. Investors can visit KFin Tech website to check the status of their application. MTAR shares will be listed on BSE and NSE on March 16. MTAR shares in the grey market are commanding a premium of Rs 475.
Orchid Pharma share has rallied 6,900 per cent in just four months. The share was trading at Rs 18 on November 3 last year. It touched lifetime high of Rs 1,245.30 on March 9.
In the previous session, Sensex settled 35.75 points or 0.07 per cent higher at 50,441.07, and Nifty ended higher by 18.10 points or 0.12 per cent at 14,956.20.
Benchmark indices Sensex and Nifty eke out gains on Monday after two sessions of decline as investors snapped up energy, IT and pharma shares.
Easy Trip Planners IPO: EaseMyTrip. com is operated by Easy Trip Planners Private Ltd. The company's initial public offering is entirely an offer for sale.
MTAR GMP Price: MTAR Technologies is a Hyderabad-based a precision engineering solutions company. MTAR Technologies' shares are trading at a premium of Rs 450 per share in the grey market.
In other Asian markets, equities staged a strong recovery after witnessing panic sell-offs for a couple of sessions as investors cheered the US Senate passing a USD 1.9 trillion stimulus bill for COVID-19 relief package.
At the closing bell, the Sensex was quoted at 50,405.32, showing a decline of 440.76 points or 0.87 per cent over the previous close. Intra-day, the index swung around 726 points.
On Tuesday, the Sensex had rallied 447.05 points or 0.90 per cent, and the Nifty had jumped 157.55 points or 1.07 per cent, extending gains for the second day in a row.
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