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Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline Sensex soared to a fresh record high in the afternoon trade on Monday, led by a rally in index heavyweights. The Sensex ended 530 points higher at 40,889.23, implying a fresh closing high for the leading index. The Nifty closed at 12,079, less than 30 points away from a new peak. Intra-day, the Sensex zoomed more than 532 points to hit a new record high of 40,931 on BSE, while the Nifty reclaimed the crucial 12,000-mark. Bharti Airtel, Tata Steel, VEDL were among the biggest gainers, jumping up to 6%. Shares of Tata Group jewellery major Titan Company and Ultratech Cements jumped in the morning trade on Monday even as the two are set to enter Sensex from Dec 23. Titan share price gained more than 1.5% to hit the day’s high at Rs 1,152 on BSE. Ultratech Cement shares gained more than 1% to hit the day’s high at Rs 4,149 on the BSE. Titan, UltraTech Cement and Nestle India will be part of the S&P BSE Sensex from December 23 while Tata Motors, Tata Motors DVR, Yes Bank and Vedanta will exit the bellwether index. Meanwhile, the IPO of CSB Bank enters its second day, after getting fully subscribed on the first day of issue. Formerly known the Catholic Syrian Bank, the private sector lender looks to raise up to Rs 410 crore from its IPO. Kerala-based CSB Bank’s IPO is being carried out to meet RBI’s reglulation with regard to listing. The public offer contains a fresh issue of shares to raise up to Rs 24 crore, and an offer for sale (OFS) of 1.97 crore shares by existing investors through which it will sell Rs 385 crore worth shares. CSB Bank IPO will remain open till November 26th, Tuesday. CSB Bank has fixed the price band as Rs 193- Rs 195 per share. Investors can pick up shares in lots of 75 equity shares, and in multiples of 75 equity shares thereafter. We bring to you LIVE updates.
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