Broader markets were trading with losses while India VIX surged.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices opened in the red on Monday morning following negative global cues. S&P BSE Sensex was down over 150 points on opening and was seen adding to the losses minutes after the bell. Nifty 50 was below 13,700. Only 5 Sensex constituents were trading with gains while all the others were in the red. The gainers included L&T, RIL, HDFC Bank, among other. Axis Bank and ICICI Bank were down over 2% each. Broader markets were mirroring the fall. Asian peers were trading with losses on Monday morning with Shanghai Composite down 0.26% while Hang Seng fell 0.67%.
Antony Waste Handling’s initial public offering (IPO) will open for subscription today, for the second time in 2020. At a price band of Rs 313-315 crore, the company is looking to raise Rs 300 crore which consists of a fresh issue of Rs 85 crore and an Offer for Sale (OFS) by existing shareholders of Rs 215 crore. Post issue, the promoter and promoter group will continue to hold 46.23% in the company, down from 51.10%. Public shareholding in the company will increase to 53.77% from 48.90% earlier. Antony Waste Management is a leading service provider in the MSW management sector with end-to-end capabilities and strong execution track record.