Market snaps 4-day losing streak; Govt, Tata Sons ink Air India deal; Nykaa to go public; and more
- 2 years ago
Benchmark indices ended higher on Monday, ending a four-day losing streak. Sensex closed 145.43 points higher at 60,967 and Nifty advanced 10.50 points to 18,125.40
Meanwhile, Air India soared closer to Tata Sons today, as the Centre signed a share purchase agreement with the industry giant for sale of the debt-ridden national carrier for Rs 18,000 crore.
Beauty and fashion retailer Nykaa’s public issue is widely anticipated to do well when it opens for subscription on Thursday. Nykaa has fixed a price band of Rs 1,085-Rs 1,125 per share for its Rs 5,352 crore IPO.
Meanwhile, Air India soared closer to Tata Sons today, as the Centre signed a share purchase agreement with the industry giant for sale of the debt-ridden national carrier for Rs 18,000 crore.
Beauty and fashion retailer Nykaa’s public issue is widely anticipated to do well when it opens for subscription on Thursday. Nykaa has fixed a price band of Rs 1,085-Rs 1,125 per share for its Rs 5,352 crore IPO.