Posts in category Business Standard
FPIs inflows double in August from July on bond indices inclusion hope (30-08-2023)
Inflows doubled in August from July on bond indices inclusion hope
FPI net inflows into debt market hit highest amount in past 6 year (30-08-2023)
Inflows doubled in August from July on bond indices inclusion hope
Jio Financial hit upper circuit limit for 3rd straight trading session (30-08-2023)
Shares of Jio Financial Services Ltd (JFSL), the demerged financial services unit of Reliance Industries, on Wednesday touched its upper circuit limit for the third consecutive day.
Jio Financial Services jumped by 4.99 per cent to close at Rs 232.70 apiece -- its upper circuit limit -- on the BSE.
On the NSE, it climbed 4.99 per cent to hit its upper circuit limit of Rs 231.25 per share.
The company commanded a market valuation of Rs 1,47,840.92 crore on the BSE.
In volume terms, 72.41 lakh shares were traded on the BSE while 2.14 crore shares were traded on the NSE.
The 30-share BSE Sensex and Nifty closed on a flat note at 65,087.25 points and 19,347.45 points, respectively, on Wednesday.
During the Annual General Meeting (AGM) on Monday, Reliance Industries Chairman Mukesh Ambani announced that Jio Financial Services will enter the insurance segment to offer life, general and health insurance products.
It will leverage 450 million mobile phone subscribers' base of the teleco
Jio Financial hit upper circuit limit for 3rd straight trading session (30-08-2023)
Shares of Jio Financial Services Ltd (JFSL), the demerged financial services unit of Reliance Industries, on Wednesday touched its upper circuit limit for the third consecutive day.
Jio Financial Services jumped by 4.99 per cent to close at Rs 232.70 apiece -- its upper circuit limit -- on the BSE.
On the NSE, it climbed 4.99 per cent to hit its upper circuit limit of Rs 231.25 per share.
The company commanded a market valuation of Rs 1,47,840.92 crore on the BSE.
In volume terms, 72.41 lakh shares were traded on the BSE while 2.14 crore shares were traded on the NSE.
The 30-share BSE Sensex and Nifty closed on a flat note at 65,087.25 points and 19,347.45 points, respectively, on Wednesday.
During the Annual General Meeting (AGM) on Monday, Reliance Industries Chairman Mukesh Ambani announced that Jio Financial Services will enter the insurance segment to offer life, general and health insurance products.
It will leverage 450 million mobile phone subscribers' base of the teleco
Market holds breadth strongly even as benchmark indices see a pullback (30-08-2023)
Gaining stocks outnumber those declining in August
Committee of Directors gives nod to raise equity capital: Indian Bank (30-08-2023)
Public sector Indian Bank on Wednesday said the Committee of Directors accorded approval for raising equity capital of the bank aggregating to Rs 4,000 crore.
The Chennai-headquartered bank said the capital raising would be done through Qualified Institutions Placement in one or more tranches subject to necessary approvals.
"..we have to inform you that the Committee of Directors for capital raising in its meeting held on August 30 accorded approval for raising of equity capital of the bank aggregating up to Rs 4,000 crore (including premium), through Qualified Institutions Placement in one or more tranches subject to all statutory and regulatory approvals," Indian Bank said in a BSE filing.
Indian Bank reported a 41 per cent rise in net profit at Rs 1,709 crore in the April-June 2023 quarter due to decline in bad loans.
The bank had posted a net profit at Rs 1,213 crore in the year-ago period.
Total income in the first quarter of the current financial year rose to Rs 14,759 crore
BSE moves Bankex expiry to Monday from Friday, to be effective from Oct 16 (30-08-2023)
The traded value of Bankex on the previous weekly expiry on August 25 stood at Rs 4 crore, up from Rs 1.7 crore a week earlier
BPCL, IOC, HPCL stocks slide 1-3% on reports OMCs may bear LPG subsidy cost (30-08-2023)
The move is also sentimentally negative for OMC stocks as investors fear that price cuts on petrol and diesel could be next in line ahead of the assembly and general elections
Hotel stocks in focus; Indian, EIH, Chalet hit new highs, surge up to 7% (30-08-2023)
Growth in the industry is largely expected from domestic demand which is expected to remain strong through FY 2023-24
Stock of this smallcap commercial vehicle company has zoomed 50% in 6 days (30-08-2023)
Atul Auto was locked in the 10-per cent upper circuit at Rs 570.40 on the BSE with a combined 1.4 million shares having changed hands in trades