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Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 were set to open in green on Wednesday, a day before weekly F&O expiry.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 were set to open in green on Wednesday, a day before weekly F&O expiry. Nifty futures were ruling at 16,023, up 81.50 points or 0.51 per cent, on Singaporean Exchange. In the previous session, headline indices snapped a 4-day losing streak and ended over 1 per cent higher. BSE Sensex ended 581 points or 1.10 per cent up at 53,424, while NSE Nifty 50 settled at 16,013, up 0.95 per cent or 150.30 points. Asian stock market peers were also seen trading higher in the early trade. Japan’s Nikkei gained 1% while the Topix index advanced 1.15%. The S&P/ASX 200 in Australia jumped 1.16%. Markets in South Korea are closed on Wednesday due to the country’s presidential election. In the overnight trade on Wall Street, the Dow Jones Industrial Average shed 10.56%, the S&P 500 declined 0.72%, while the Nasdaq Composite dipped 0.28%.

LIC IPO has received capital markets regulator SEBI’s nod for its mega public issue, CNBC TV18 reported citing sources. The state-owned insurance behemoth had filed for its IPO earlier last month. The issue will entirely be an offer for sale (OFS) by the government that is attempting to garner somewhere around Rs 63,000 crore to meet its divestment target. The government will sell a 5% stake in the company. While the IPO has received SEBI’s green light, investors may have to wait for it to hit primary markets. Seeing the current geopolitical situation and the lack of appetite among FIIs, the government may delay the LIC IPO.

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