The S&P BSE Sensex, advanced 226.47 points or 0.41% to 55,555.79 on Monday. The Nifty 50 index gained 45.95 points or 0.28% to 16,496.45.
Mudit Goyal of SMC Global Securities is positive on SBI Life with a target price of Rs 1,170.
Unlike benchmark indices, there was a sell-off in the broader markets as the BSE MidCap index declined 0.90% or 204 points to 22,475
Money9 lists out top things to consider before you plan to invest in the upcoming IPOs
ICICI Securities, Citigroup Global Markets India, Edelweiss Financial Services, and Kotak Mahindra Capital Company were the managers of the offer.
Of 30 Sensex stocks, 28 were in the green at open. HCL Tech, Tata Steel, Bajaj Finance, Tech Mahindra and L&T were the top gainers.
Nuvoco Vistas: Shares of Nuvoco Vistas Corporation will debut on the bourses today.
Fed officials are set to gather for their annual meeting in Jackson Hole, Wyo., from Thursday.
Ajit Mishra of Religare Broking is bullish on United Spirits with a target price of Rs 740.
From here on, things would get more and more difficult for unidirectional traders since markets could remain choppy.