MARKET LIVE: Sensex surges 400 points; Nureca lists at 59% premium

By | February 25, 2021

LIVE market updates: The Indian traded nearly 1 per cent higher in Thursday’s morning deals ahead of the February series derivative contracts expiry.

Among the headline indices, the zoomed 400 points to 51,210 levels and the index reclaimed the 15,100-mark. Axis Bank rose 3 per cent and was the top gainer after the Irdai gave its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by the bank and its subsidiaries. Max Financial, meanwhile, rallied 10 per cent in intra-day deals.

Meanwhile, Nureca listed at Rs 635 apiece, a premium of 59 per cent against issue price of Rs 400.

The Nifty sectoral indices were painted green, with Nifty Private Bank index, up 2 per cent, leading the way.

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