Initial public offering (IPO) by the global investment firm Brookfield India Real Estate Trust (REITs) hit the capital market on Wednesday to raise up to Rs 3,800 crore.
After shedding over 60 points, the 30-share index made a U-turn and was trading over 520 points higher at a record high of 50,321.89.
Shares of Home First Finance Company made a decent stock market debut on Wednesday.
Bharti Airtel, Adani Enterprises, Adani Green Energy, Apollo Tyres, Aptech, Astral Poly Technik and Bajaj Consumer Care are slated to announce their financial results on Wednesday.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 58 points at the opening bell.
The Sensex has amassed 3,511 points or 7.58 per cent in two sessions, and the Nifty has accumulated 1,007.25 points or 7.38 per cent.
Here are top stocks which brokerage ICICI Securities believes could benefit from Union Budget 2021:
Shares of Indigo Paints made a stellar debut on the bourses with a hefty premium over the issue price. On the NSE, the scrip listed at Rs 2,607.50, up 75% over its issue price of Rs 1,490 per share.
Benchmark equity indices BSE Sensex and NSE Nifty extended their gains for the second straight session on Tuesday after Finance Minister Nirmala Sitharaman presented an expansionary Union Budget for 2021-22.
Indigo Paints will debut on the bourses today after finalising the issue price at Rs 1,490 per share - the higher price band of its public offer.