Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian benchmark indices opened sharply higher tracking relief rally in the US markets overnight and uptick in Asian stocks. The BSE Sensex rose 500 points to 56,320, while the NSE Nifty climbed 150 points to 16,780. In the broader markets, the BSE MidCap and SmallCap indices also opened in gree, rising up to 0.8 per cent. Among the Sensex-30 shares, HCL Tech, Wipro, Infosys, Tech M, Bajaj Finance, TCS, Reliance, and SBI were the top gainers, rising up to 2 per cent. Ultratech Cement, Asian Paints and NTPC, meanwhile, were the sole losers. “Markets are likely to remain in a broader range as we continue to monitor global cues including geo-political developments, crude oil price movement as well as institutional flows,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services.

Aether Industries shares will debut on stock exchanges today. Analysts expect Aether Industries to list at a single-digit premium over the issue price following a good response to the IPO. The initial public offering of the niche specialty chemical manufacturer was subscribed 6.26 times during May 24-26 as QIBs bought 17.57 times their allotted quota. The portion set aside for non-institutional investors was subscribed 2.52 times, while the shares set aside for retail investors and employees were fully booked. The company raised Rs 808 crore through the IPO that comprised a fresh issue of Rs 627 crore and an offer for sale of Rs 181 crore worth of shares by shareholders.

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