Monday, May 16, 2022

LIC SHARES LISTING ON 17-MAY-2022

 TO GET LIVE INTRADAY OPTION/FUTURE/NIFTY/CASH CALLS WHATS APP ON 9039000614

Today, on the first trading day of the week, after a long time, greenery was seen in the domestic stock market. Today the market closed in the lead. However, even today, there was a lot of volatility in the market throughout the day. The Sensex climbed 180.22 points to close at 52973.84 at the end of trading today. At the same time, Nifty closed at the level of 15842.30 with an increase of 60.15 points. Today, there was a rise in government bank shares, then the IT sector remained under pressure.
Eicher Motors, Apollo Hospitals, NTPC, UPL and Bajaj Finance were the top gainers of Nifty in today's session. On the other hand, UltraTech Cement, Shree Cements, Asian Paints, Grasim Industries and ITC were the top losers.
Today the effect of the news of the deal was seen on some stocks. This telecom stock saw a rise of 12.57% on the NCE after the foreign buyer announced the purchase of stake in Vodafone Idea. The stock closed at Rs 9.40. On the other hand, shares of both cement companies saw a rise after Adani agreed to buy Ambuja and ACC.
Tomorrow on Tuesday, LIC's shares will be listed in the market. All eyes are on this listing. Especially retail investors are eagerly waiting for its listing. It has to be seen how this IPO gets listed amidst ups and downs in the market.

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