In the past one month, RIL shares have gained 4 per cent as compared to a 1.4-per cent rise in the BSE Sensex
Prosus keeps an 11.2% stake after the closely watched listing, adding to a string of Indian tech IPOs
The buying on the counter came after the board of directors approved to make further investment up to ₹100 crore in FIT 3PL Warehousing Private Limited
Technical charts show that stocks such as IndiGo, Hindustan Unilever, Apollo Hospitals and Tata Motors Passenger Vehicles are trading in oversold territory based on the RSI parameter.
Groww shares are currently trading 45 per cent above its issue price of ₹100 and 30 per cent its listing price of ₹112 per share.
AU Small Finance Bank in focus: The Finance Ministry has increased the foreign investment limit in the private-sector bank from 49 per cent to 74 per cent.
The stock was in demand after the Competition Commission of India (CCI) granted approval to Avenir Investment RSC to acquire controlling stake in the company
By 10:25 AM, SEPC shares were trading 2.92 per cent higher at ₹9.15 apiece. In comparison, BSE Sensex was trading 0.39 per cent higher at 84,994.27 levels.
Analysts expect telcos' FY25-28 ARPU to grow at 12% CAGR given the consolidated industry structure, to ensure a '3+1' player market and higher ARPU requirement for Jio.
During the weekly expiry session, Nifty witnessed heightened volatility and ended the day at 25,839, down 120 points
The picture is even weaker for regular plans, with just two schemes managing to stay ahead of the benchmark
Acquisition of the group's rail business aligns with plans for a logistics build-out and lifts pressure off JSW Steel's total logistics expenses
A show-cause notice issued in February had accused him of violating provisions of the Sebi Act and the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) Regulations
Shares of Kaynes Technology were up 14 per cent at ₹4,328 on the BSE in intra-day trade as the stock recovered 17 per cent from its 52-week low of ₹3,713.75 hit today.
Notwithstanding the strong rally in the stock price, the brokerage firm remains excited about AU SFB's growth and earnings prospects and reiterate it as preferred BUY in the mid-size banking space.
In the past two weeks, Tata Motors has rallied 17 per cent, as compared to 3 per cent market price decline in Tata Motors Passenger Vehicles (TMPV).
According to the filing, Sambhv Steel Tubes has approved an expansion plan for its stainless steel cold-rolled coils and pre-galvanised (GP) coils manufacturing at its Kuthrel Unit
In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.
In the broader market, the Nifty Midcap 100 and Nifty Smallcap 100 indices fell 1.5 per cent, each. The small-cap index has fallen 3.3 per cent since Monday
After significant outflows around $8 billion overall and $17 billion from equities, FII holdings are at multi-year lows, said Ankur Jhaveri of JM Financial Institutional Securities