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Stock Market Live Updates: Nifty may start below 16,900; Shriram Properties shares to list today
Stock market Live Updates: A gap-down start could be on cards for key benchmark indices as global sentiment remains cautious amid rising Omircon coronavirus cases wordlwide.
At 8:10 AM, SGX Nifty was down around 100 points at 16,900 levels, compared with Nifty's spot close of 16,985 on Friday.
Shriram Properties will be in focus today as the stock makes its debut on today.
Besides, Supriya Lifescience IPO, which so far has received subscription up to 5.69 times the issue size, will close today.
Live Updates
- 20 Dec 2021 9:17 AM IST
Shriram Properties to list today
One of the top five residential real estate developers in South India, Shriram Properties will list on the stock exchanges on December 20.
Its initial public offering was subscribed 4.6 times, with retail investors bidding 12.7 times, while non-institutional and qualified institutional investors’ portions were subscribed 4.8 and 1.8 times.
The Shriram Group company launched its maiden public offer on December to raise Rs 600 crore.
- 20 Dec 2021 9:15 AM IST
Pre-Open
Sensex dives 400 points in pre-open session, Nifty hovers around 16,700 as bears look to tighten grip on Dalal Street.
