MARKET UPDATE:Sensex fell 500 points to 50,280 levels and Nifty gave up the 14,900-mark
Published On: Monday, March 15, 2021 | By: Team KnowMyStock
The benchmark indices in India added to their early losses and were trading over 1 percent lower in today's(15th March 2021) morning deals. Meanwhile, the volatility index, India VIX, ticked up 5 percent to 22.9 levels. The S&P BSE Sensex fell 500 points, or 1 percent, to 50,280 levels and the Nifty50 index gave up the 14,900-mark. Bajaj Finance, Bajaj Finserv, HDFC, State Bank of India, and HDFC Bank fell over 1 percent each and were the top Sensex laggards. The Nifty sectoral indices were painted red, with the Nifty Bank index, down 1.8 percent, bleeding the most. In the broader market, the S&P BSE MidCap and SmallCap indices were down 0.5 percent and 0.4 percent, respectively.
Shares of MTAR Technologies will debut on the bourses today. The issue which ran between March 3-5 was subscribed over 200 times. The segment reserved for retail investors was subscribed 28.4 times, qualified institutional buyers category was subscribed 165 times and non-institutional category received 650.79 times subscription.
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