Key Risks Investors Should Consider Before Subscribing to Sanstar IPO: Live Updates on Latest Market News Today, July 19, 2024

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Live Market Updates: Stay Informed with the Latest News and Trends

In today’s market wrap-up, the Sensex lost 738.81 points, or -0.91%, to settle at 81343.46, while the Nifty lost 269.95 points, or -1.09%, to close at 24800.85. The top gainers and losers included Infosys, ITC, Tata Steel, and Bharat Petroleum Corporation. The market saw a decline, with investors losing about ₹8 lakh crore in a day.

In IPO news, the Sanstar IPO worth ₹510 crore is open for subscription from July 19 to July 23, with a price band of ₹90 to ₹95. Investors are advised to be aware of 10 key risks before subscribing to the issue.

Meanwhile, Nirmal Bang has downgraded the defence sector to ‘sell’ due to concerns over high valuations. VST Industries shares soared over 17% to a new high after announcing a first-ever bonus issue plan.

In other news, JSW Infrastructure continues to invest in assets for growth, while RNFI Services IPO is set to open for subscription on July 22 with a price band of ₹98-105 apiece.

Overall, the market remains dynamic with various sectors and companies making significant moves. Stay tuned for more updates on Mint’s market blog for real-time information on Dalal Street and global markets.