Market participants expect Jio Platforms' IPO to improve valuation discovery, attract investor interest and unlock value for Reliance Industries shareholders
At current price, company is trading at a steep 47 times its FY27 earnings
Sensex Today | Stock Market Highlights, Friday: Reliance Industries share price settled 1.2 per cent lower at ₹1,312 after Chairman Mukesh Ambani announced Jio Platforms' IPO papers were being filed
In the past six months, the stock price of the company surged 78 per cent, as compared to 10 per cent decline in the BSE Sensex.
FPIs pull out nearly ₹13,000 crore in June and the rupee continues to be under pressure
Gold price outlook: In the near term, gold can slide further. A test of support around $4000 is possible, while an extended decline to $3800 cannot be ruled out.
HFCL shares have multiplied investor wealth over the past fourt months, surging about 250 per cent from their 52-week low of ₹59.82, touched earlier this year on January 27, 2026
Share price of Panama Petrochem zoomed 18% to hit a new high at ₹484.40 on the back of two-fold jump in trading volume on Friday.
JBM Auto shares have gained about 55 per cent from their 52-week low of ₹477 apiece, touched earlier this year on March 16, 2026
Lupin, Intas Pharmaceuticals, Sun Pharma, MSN Laboratories, Natco Pharma, Zydus Life Sciences and Dr Reddy's Laboratories are some of the companies, the note said, that could potentially benefit.
Redington share price today: Redington is one of Apple's key distribution and supply chain partners in India. It distributes iPhones, iPads, MacBooks and other Apple products in the country.
Share price of VA Tech Wabag hit a 52-week high of ₹1,919, surging 5% on the BSE in Friday's intra-day trade. The stock now quotes close to its all-time high of ₹1,943.95 hit on December 9, 2024.
Aurobindo Pharma received necessary approval from the US Federal Trade Commission (FTC) for the acquisition of the Lannett business.
Investor sentiment weakened after planned US-Iran talks were postponed, raising fresh questions about the pace of progress towards a lasting agreement and the reopening of the Strait of Hormuz
Silver ETFs bore the brunt of the correction, falling as much as 6 per cent during the session, while gold ETFs declined over 3 per cent
NSE IPO impact: Shares of LIC were quoting higher for the sixth straight trading day, rallying 15 per cent during the period.
Market Crash Today: IT stocks fell up to 8 per cent after Accenture lowered its annual revenue growth forecast. The Nifty IT index crashed 6.4% to 26,634.50 -- its lowest level since April 21, 2023.
Indian IT stocks fell on Friday as Accenture narrowed its annual revenue growth forecast and issued weaker-than-expected fourth-quarter guidance, despite steady quarterly earnings.
Investec noted that gold NBFCs are dependent on the gold price, with negligible volume growth. It expects a 12 per cent gold price appreciation in line with long-term history.
Ahead of 49th RIL AGM: RIL stock was up 0.3 per cent in early deals on Friday, even as benchmark indices declined around 1 per cent each amid IT-led sell-off.