Sensex rises 500 pts; Nifty around 24,170; IndiGo, Maruti Suzuki top gainers

The Nifty50 and the Sensex rose, tracking positive global cues.

As of 10:00 AM, the Nifty50 was up 0.63 per cent or 152.20 points at 24,173.85, and the Sensex rose 0.65 per cent or 496.88 points to 77,488.10.

InterGlobe Aviation, Shriram Finance, and Mahindra & Mahindra were the top gainers in the Nifty50 index.

In the broader markets, the Nifty MidCap and the SmallCap were trading 0.56 per cent and 0.36 per cent higher, respectively.

Sector-wise, the Nifty Auto and the Nifty Realty outperformed, meanwhile, the Nifty Metal and the Media underperformed.

IPO Today

Crazy Snacks’ initial public offer will open for subscription on Thursday. It’s a book-build issue worth ₹31.47 crore, which entails both fresh issue and offer for sale.

CSM Technologies’ IPO will enter its second day. It’s a book-build issue worth ₹145.78 crore, which entirely consists of fresh issues. The IPO will conclude on June 29.

Similarly, Dhanwel Hybrid Seeds and Sri Priyanka Geo Commex IPOs will also enter the second day of subscription. Both are book-build issues worth ₹27.53 crore and ₹94.51 crore, respectively.

Meanwhile, Advit Jewels and Waterways Leisure Tourism IPOs will enter their final day of subscription. Both are book-built issues worth ₹165.16 crore and ₹585 crore.