Rainbow Children’s Medicare shares listing: The scrip of multi-speciality pediatric hospital chain Rainbow Children’s Medicare got listed at Rs 506.00 apiece on the BSE, thereby registering a fall of 6.64 per cent from its offer price of Rs 542.00.
The 30-share BSE benchmark settled 105.82 points or 0.19 per cent lower at 54,364.85. During the day, it hit a high of 54,857.02 and a low of 54,226.33.
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LIC IPO subscription status: The blockbuster initial public offering (IPO) of India's largest life insurer Life Insurance Corporation of India (LIC) was subscribed 2.95 times on the final day.
With just hours to go until the end of the subscription period for the $2.7 billion initial public offering of Life Insurance Corporation of India, foreign institutional funds have put in orders for merely 8% of the shares set aside for all institutional buyers.
The stock has been quoting lower for the past many days and further slumped 3 per cent to Rs 2,542.10, amid a weak trend in the broader market.
Campus Activewear shares listing: The scrip of athleisure footwear company Campus Activewear got listed at Rs 360.00 apiece on the NSE, thereby registering a gain of 23.29 per cent from its offer price of Rs 292.00.
At the interbank foreign exchange market, the rupee opened lower at 77.17 against the greenback, and finally settled for the day at 77.50, down 60 paise over its previous close.
The 30-share BSE Sensex settled 364.91 points or 0.67 per cent lower at 54,470.67. During the day, it tanked 917.56 points or 1.67 per cent to 53,918.02.
This was mainly on account of the anticipation of a rate hike by the US Fed and the deteriorating geopolitical environment following Russia’s invasion of Ukraine.
This is perhaps for the first time the special dispensation is granted to any public offer.
LIC IPO Highlights, LIC IPO Last Day (Day 6) News: The price band of LIC IPO is fixed at Rs 902-949 per share. All portions of the offer got oversubscribed.
Share Market Today News, Sensex, Nifty, Share Prices Updates, 6 May 2022: The S&P BSE Sensex crashed 866.65 points (1.56 per cent) to end at 54,835.58 while the Nifty 50 fell 271.40 points (1.63 per cent) to settle at 16,411.25.
LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.
The initial share-sale of 85,49,340 equity shares comprises an offer for sale of 82,81,340 equity shares by Wagner Ltd and up to 2,68,000 equity shares by Shirish Patel.
The public issue now comprises fresh issuance of equity shares worth Rs 4,000 crore and an offer for sale (OFS) component of Rs 1,235 crore by existing shareholders.
Share Market Today News, Sensex, Nifty, Share Prices Updates, 5 May 2022: The S&P BSE Sensex rose 33.20 points (0.06 per cent) to end at 55,702.23 while the Nifty 50 inched 5.05 points (0.03 per cent) to settle at 16,682.65.
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RBI Governor Shaktikanta Das said that the Monetary Policy Committee (MPC) of the RBI in an off-cycle meeting held between May 2-4 hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect in a bid to contain inflation.
Share market today news, Sensex, Nifty, Share prices updates, 4 May 2022: The S&P BSE Sensex fell 1,306.96 points (2.29 per cent) to settle at 55,669.03 while the Nifty 50 declined 391.50 points (2.29 per cent) to end at 16,677.60.
LIC IPO Highlights: The price band of LIC IPO has been fixed at Rs 902-949 per share and the government aims to raise over Rs 21,000 crore by selling over 22.13 crore (22,13,74,920) shares or 3.5 per cent of its stake.
LIC IPO: SBI Mutual Fund invested Rs 1,006.89 crore, becoming the largest investor in the anchor book quota.
On Monday, the S&P BSE Sensex fell 84.88 points (0.15 per cent) to end at 56,975.99 while the Nifty 50 slipped 33.45 points (0.20 per cent) to settle at 17,069.10.
The LIC, which is planning to raise a total of Rs 21,000 crore through the IPO, has aimed to raise Rs 5,630 crore at the upper end of the price band from anchor investors.
LIC IPO: The Rs 21,000 crore initial public offering (IPO) of life insurance behemoth Life Insurance Corporation of India (LIC) is available from May 4-9, 2022. It has a price band of Rs 902-949 per share.





