Author
The author is a Trainee Journalist at BW Businessworld based in Mumbai. He tracks the Markets and related news.
Sector-wise today, the Auto, Banks, Financials and Metals closed red, while the IT, Pharma, and FMCG saw sustained buying interest throughout the day.
Read MoreIn the overall market breadth on Monday, 1146 shares advanced, 2068 shares declined, and 136 shares were unchanged.
Read MoreDevyani International will be in prime focus among others as the company's Rs 1,838-crore public issue was oversubscribed by 116.71 times (during August 4th to 6th) see around 50 per cent upside against offer price.
Read MoreAt close, the BSE Sensex was at 55,437.29, up 593.31 points, and the Nifty was at 16,529.10, up 164.70 points.
Read MoreThe share sale will give a partial exit to investors like Elevation Capital (then SAIF) and Micromax. Both Elevation Capital and Micromax will offload shares worth Rs 550 crore and 200 crore, respectively in the OFS.
Read MoreThe BSE Sensex added another 1000 points in a span of just a week. On August 4, the Sensex crossed the 54,000 level.
Read MoreThe BSE Midcap and Smallcap indices closed higher by a per cent each. Shares of VIP Industries, Vakrangee, and HBL Power gained nearly 20 per cent each in the Smallcap pack.
Read MoreShares of Power Grid surged the most in the 30-share pack Sensex after the company posted a three-fold jump in its net profit at Rs 5,998 crore for the quarter ended June 30.
Read MoreThe sell-off was mainly witnessed in the small and Midcap stocks after the BSE issued a circular for surveillance measures on Monday evening
Read MoreZomato was in major focus after the company released its quarter earnings yesterday wherein the net loss of the company widened to Rs 356 crore against Rs 99.8 crore during the same period in the previous year.
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