Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty began trading with flat on Wednesday morning. S&P BSE Sensex was down over 100 points while the 50-stock Nifty was just holding on to the 11,200 levels at 10 AM. ONGC, Sun Pharma, and Hindustan Unilever were the top Sensex gainers. On the other end, top banking stocks were pulling the market lower. IndusInd Bank, ICICI Bank, HDFC Bank, State Bank of India were the top drags. Broader markets were largely flat but junior Nifty was seen inching higher. India VIX was above the 20 levels, surging 0.75%.
Adding to the list of global investors, Mukesh Ambani’s Reliance Retail on Wednesday morning announced that General Atlantic will invest Rs 3,675 crore into the firm for a 0.84% equity stake on a fully diluted basis. The subsidiary of Reliance Industries Ltd (RIL), has been valued at a pre-money equity value of ₹ 4.285 lakh crore. This is the second investment by General Atlantic into Reliance Industries after a Rs 6,598.38 crore investment in Jio Platforms earlier this year. Reliance Retail has now managed to get three investors, who have collectively poured in over Rs 16.6 lakh crore into the firm.
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