The benchmark indices opened flat on Tuesday on positive note. At 10.10 am, the BSE Sensex was trading at 29,944.49 up 18.34 points, whereas the NSE Nifty-50 index was ruling at 9,315, up 1.55 points. In the broader market, the BSE Mid-cap and BSE Small-cap gained 0.16% and 0.41% respectively. On Monday, FPIs sold shares of net valued Rs 542.47 crore, against DIIs (Domestic institutional investors) bought shares of Rs 663.33 crore, as per data with BSE.
Infosys Ltd, Hero-Moto Corp, Axis Bank and Asian Paints gained the most on BSE Sensex, while GAIL India Ltd, Adani Ports, Bajaj Auto and Bharti Airtel, shed the most on the index.
HUDCO’s IPO to raise Rs 1,224 Cr, was subscribed 63% on the first day of the offer on Monday. The IPO received bids for 12,91,36,800 shares against the total issue volume of 20,40,58,747 shares, as per the NSE data.
Shares price of Bharti Infratel Ltd, opened up 1.3 percent on the BSE. Meanwhile, its share price was trading down by 0.6 percent ahead of the fourth quarter results to be introduced later in the day.
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