Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic stock markets began the day’s trade in firm control of bulls. S&P BSE Sensex set a fresh all-time high of 52,901 while Nifty 50 was close to 15,850. ONGC, Maruti Suzuki India, and Bharti Airtel were among the top gainers, followed by bank stocks. HUL, HCL Technologies, and Nestle were the worst-performing stocks. Broader markets were outperforming. Select smallcap indices were up more than 1% each. India VIX, the volatility index, was down 2%. All sectoral gauges were up in the green, Bank Nifty soared 0.62%.
The Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to hold its Extraordinary General Meeting (EGM). The housing finance firm is seeking shareholder’s vote on Rs 4,000-crore preferential share allotment to private equity player Carlyle and others, including General Atlantic and former HDFC Bank MD & CEO Aditya Puri’s family investment vehicle. The shares are to be priced at Rs 390 apiece for the preferential allotment. The tribunal has, however, not allowed PNB Housing Finance to disclose the results of the voting. Earlier, SEBI had restrained PNB Housing Finance from the preferential allotment after a proxy advisory firm highlighted the proposed preferential issue was against the interest of public shareholders.