In early deals, Sensex was at 55,935 down 8 points or 0.02%, while the Nifty 50 fell 21 points or 0.13% at 16,613
Motilal Oswal Financial Services, who were distributors of the digital gold product MMTC-PAMP, will refrain from distribution of this product
Sensex failed to hold 56k-mark and settled 14.77 or 0.03% lower at 55,944.21, while Nifty closed at 16,634.65, up 10.05 points or 0.06%
Anchor investors behave pretty much like retail investors in India where some profits are booked and some stay invested.
In early deals, Sensex advanced 201 points or 0.3% to scale a fresh record high of 56,160, while Nifty added 29 points or 0.18% to 16,654.
The public offer aggregating up to Rs 3,850 crore had a fresh issue of up to Rs 1,300 crore and an offer for sale of up to Rs 2,550 crore.
Bajaj Finserv in July reported an over 31% decline in consolidated net profit at Rs 833 crore for the first quarter ended June 2021.
Asset quality of the lender deteriorated during the quarter with the percentage of gross non-performing assets to gross advances moved higher to 9.79%
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.