Listing

The broader markets ended with deeper losses, with both the BSE Midcap and Smallcap indices down over 1.5 per cent each; the breadth too at 2:1 was in favour of the bears.

Analysts remain mixed over the Gurgaon-based logistics firm Delhivery due to volatile market conditions and loss-making nature of the company.

CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent

Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies

The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.

CLOSING BELL: Shares of Life Insurance Corporation of India (LIC) listed at Rs 867.20 on the BSE, a 8.6 per cent discount when compared with its issue price of Rs 949 per share

"If you hold on to this stock for more than three years, you are likely to earn decent returns," says Vikas Gupta, founder and chief executive officer, OmniScience Capital on LIC being listed today

Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17.

The BSE Midcap and Smallcap indices ended with heavy losses of over 2 per cent each. Debutant Rainbow Children's Medicare ended a steep discount of 17 per cent to its issue price.

The stock listed at Rs 506, a 7% discount when compared with its issue price of Rs 542 per share on the BSE.

The stock opened at Rs 355, 22 per cent higher against issue price of Rs 292 on the BSE.

CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank

The wiring harness business benefits from the mega trends (of premiumization, increasing use of electronics, and electrification) playing out in the Auto industry, resulting in an increase in content.

The positive listing-day performance comes even as the ethnic wear maker's Rs 3,150-crore IPO saw subdued response

The 30-pack index was lifted by Tata Steel (up 3 per cent), RIL (up 2 per cent), Bajaj twins, and Asian Paints

The company's IPO saw strong response from investors and had been subscribed 17 times. The issue had received bids for 212.88 crore shares against the offer size of 12.25 crore shares.

Swadeshi Jagran Manch has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the right to tax gains accruing from businesses built in the country

Companies will not be allowed to list abroad if the review finds that national security could be impacted, the regulator said in a statement on its official WeChat account

The Nifty gained 150 points, and was up 24.1 per cent for the year; Textile shares logged smart gains today after the GST Council deferred rate hike; Debutant CMS Info Systems witnessed a late rally

The BSE Midcap index and Smallcap indices also finished with smart gains of 1 per cent and 1.5 per cent, respectively.