Share the Market LIVE: SGX Nifty tanks before today’s opening bell; Clever resistance placed around 17,600

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Global peers were languid in the early hours of trading on Friday, as all major Asian stock markets traded with losses. (Photo: REUTERS)

Share Market News Today | Sensex, Nifty, LIVE stock price: Dalal Street advanced in the monthly F&O expiration session yesterday. S&P BSE Sensex gained 454 more points to settle at 58,795 while NSE Nifty 50 added 121 points to finish at 17,536. Wider markets mirrored the bullish movement while Bank Nifty finished weak. At the start of the last trading session of the week, SGX Nifty was dipped in the red, dropping over 100 points, signaling a slow start to the day’s trading. Global peers were languid in the early hours of trading as all major Asian stock markets traded with losses except KOSDAQ.

Tarsons Products shares will go public today. The life sciences firm’s Rs 1,023 crore IPO was heavily subscribed by investors earlier this month. Qualified institutional buyers bid for the IPO 115 times while the subscription of non-institutional investors was over 184 times the reserved quota. The retail subscription for Tarsons Products was over 10 times, bringing the overall subscription to 77.49 times. Investors had made an offer for the company’s shares in a fixed price range of Rs 635-662 per share. On the gray market, the shares of Tarsons Products yesterday quoted a premium of Rs 180 per share.

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