Today’s stock market: The Nifty 50 and the Sensex, two benchmarks for the Indian stock market, finished the day flat on Tuesday, August 27. The Sensex finished at 81,711.76, up 14 points, while the Nifty 50 gained 7 points to settle at 25,017.75. The BSE Midcap and Smallcap indices both increased by half a percent,…
Jio Financial Services saw a 5% uptick, reaching an intra-day peak of Rs 371.95, following its partnership announcement with BlackRock, a US-based company. In an exchange filing on Monday, Jio Financial revealed that it had inked a deal with BlackRock to venture into wealth management. This agreement entails establishing a wealth management firm and subsequently…
Adani Power experienced a 5% surge in its share price, reaching its upper circuit for the second consecutive session on Tuesday, April 2, despite a generally weak market. Starting at Rs 574.05, up 2.4% from its previous close of Rs 560.35, the stock swiftly climbed to Rs 588.35, hitting the upper price limit on the…
Reliance Industries: On Tuesday, the market capitalization of Reliance Industries Ltd, the conglomerate spanning from oil to telecom, surpassed the Rs 20 lakh crore mark. This milestone follows the flagship company RIL’s shares reaching a record high in today’s trading session. As of 11:28 am, RIL was trading 1.55% higher at Rs 2,947.95 per share….
Alok Industries: Preferential shares were privately placed with RIL at a dividend rate of nine percent. Once Reliance Industries Ltd (RIL) subscribed for non-convertible redeemable preferential shares worth Rs 3,300 crore on January 2, shares of Alok Industries surged by 20 percent and were locked in their upper circuit at Rs 25.80, also the highest…
