Share Market LIVE: Sensex, Nifty set to open with losses; PowerGrid InvIT IPO subscription window …

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets enter the first week of May on the back of a healthy 2% jump registered last week.

Investors can bid for the issue in a bid for the issue in the price band of Rs 99-100 per unit.

After initial few minutes of trade, Sensex was seen trimming its losses marginally.

Sensex plunged more than 700 points on the opening bell as the index neared 48,000 mark.

US Treasury Secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden’s plans for infrastructure, jobs and families will cause inflation, saying the spending will be phased in over a decade.

Indian Indices are expected to open lower on Monday due to BJP’s loss in some key states elections combined with rapidly rising Covid 19 cases in the country.

Commodity prices traded mixed during the week passed by with Bullion prices witnessed a decline for the second week with risk on sentiments.

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel have now remained the same for eighteen consecutive days.

Markets are keeping a very close watch on the ongoing health crisis w.r.t second wave of covid across all the states in the country.

Needless to say, updates related to COVID cases, vaccine drive and global cues will also be closely tracked,” said Ajit Mishra, VP Research.

The rejuvenation of upward momentum backed by improving market breadth makes us confident to believe the index would maintain the rhythm of price and time wise maturity of correction and eventually retest life-time high of 15400 in the month of May 2021.

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