Stock Market Today Live Updates Indian stocks requests were trading in the red on Monday with frontline indicators BSE Sensex and Nifty50 mired by dealing pressure from indicator stalwarts like Reliance diligence, HDFC and Infosys. Both indicators opened moment on a negative note and make on their losses as the trading session progressed. Nifty was trading at down154.70 points or0.85 per cent while BSE Sensex was trading at, down548.6 points or0.89 per cent. Bank Nifty was trading at, down by166.30 points or0.39 per cent.
The top winners on Nifty50 were BPCL, Bharti Airtel, Axis Bank, Hindustan Unilever and Britannia while the top disasters were SBI Life, JSW Steel, TCS, Reliance diligence and HDFC.On Monday, Singapore- grounded SGX Nifty was trading at, down 175 points or0.95 per cent while Dow Futures were trading at, lower by82.20 points or0.24 per cent.
Archean Chemical, Five Star Business Finance IPOs Listing Shares of Archean Chemical and Five Star Business Finance made their stock request debut moment. While Archean Chemical, made a positive debut at a decoration of 10 per cent, Five Star Business Finance is listed at a reduction. Zee Business Managing Editor Anil Singhvi had advised investors to keep a stop loss of Rs 450 for Five Star Business Finance.
The Archean Chemical stock was trading at Rs463.65, up Rs56.65 or13.92 per cent. The stck was listed at a price of Rs 450 against the issue price of Rs 407. Meanwhile, Five Star Business Finance shares were trading at Rs465.80 on NSE, down by Rs8.20 or1.73 per cent around this time. Against the issue price of Rs 474, the stock was listed at Rs468.80.
Rupee which opened down 17 paise against the US Bone at81.85 slipped further to 21 paise as the trading progressed.
Stock Markets LISTINGS Today
Archean Chemical, Five Star Business Finance IPOs Listing Shares of Archean Chemical and Five Star Business Finance made their stock request debut moment. While Archean Chemical, made a positive debut at a decoration of 10 per cent, Five Star Business Finance is listed at a reduction. Zee Business Managing Editor Anil Singhvi had advised investors to keep a stop loss of Rs 450 for Five Star Business Finance.
The Archean Chemical stock was trading at Rs463.65, up Rs56.65 or13.92 per cent. The stck was listed at a price of Rs 450 against the issue price of Rs 407. Meanwhile, Five Star Business Finance shares were trading at Rs465.80 on NSE, down by Rs8.20 or1.73 per cent around this time. Against the issue price of Rs 474, the stock was listed at Rs468.80.
Ahead of IPO, Archean Chemical has raised Rs,462 crore at the upper end of the price band of Rs 386- 407 per share, Five Star mobilised around Rs,590 crore at Rs 474 per share. Archean is concentrated on producing and exporting bromine, artificial swab, and sulphate of potash. IIFL Securities, ICICI Securities and JM Financial are the book- running lead directors to the IPO.