At an aggregate level, Jhunjhunwala's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore
The broader NSE Nifty rallied 111 points or 0.61 per cent to end at 18,314.40 with 34 of its constituents closing with gains and 15 closing lower while one settled unchanged
Firm's IPO was subscribed 5.4x, units were proced at Rs 95-100 a share
Stock market live on May 17, 2023: Asian trade was mixed this morning with Nikkei up 0.6 per cent as Japan's economy grew 1.6 per cent YoY in Q1, above expectations of a 0.7 per cent growth
Adjusted profit after tax at Rs 300 crore, was lower than estimates of Rs 373 crore, given the weaker than expected operating show, said analysts at ICICI Securities in a note
ITC Q4FY23 result preview: The core Cigarette business volumes are expected to grow 13 per cent YoY, as per three brokerages. This pace of increase was 15 per cent in Q3FY23
CLOSING BELL: The BSE Midcap, Smallcap indices, however, bucked the trend and ended with a gain of up to 0.2 per cent. Breadth too was marginally positive.
Stocks to watch today: Mankind Pharma has confirmed that the Income Tax Department conducted a search at some of the premises/ plants related to the Company and some of its subsidiaries
Stocks to Watch today: In a major blow, lessors have approached aviation regulator DGCA for deregistration of three planes of SpiceJet
Financial stocks gain most as Sensex, Nifty50 rise over 1%
On Friday, the market breadth was weak, with 2,127 stocks declining and 1,390 advancing
Merged entity to have far lower weighting than expected
Market experts said that a combination of direct equity investors reaching a saturation point and less number of initial public offerings or IPOs in the market have contributed to this trend
Benchmark indices now just 3% shy of lifetime peaks
FPIs poured in over Rs 10,000 crore for a second month in a row as risk sentiment improved after regulators prevented a banking crisis in the developed world
CLOSING BELL: Among buzzing stocks, shares of RVNL were locked at 20 per cent upper circuit, RITES zoomed 9 per cent, and Texmaco Rail 7 per cent
CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.
India's valuations will always command a premium, says chief investment officer of Enam Asset Management Company
CLOSING BELL: Infosys, TCS and HCL Technologies, down 1.3 - 2.4 per cent, collectively accounted for a loss of 156 points on the BSE Sensex.
CLOSING BELL: The broader markets outperformed; Midcap and SmaIlcap indices were up 0.5 per cent and 0.2 per cent, respectively.