Benchmark indices were trading in the green in early deals on Thursday. Sensex climbed 89 points to 66,796, while Nifty50 added 36 pts to 19,814
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “The US markets didn’t react to the expected rate action and message from the Fed. The message from the Fed chief’s press conference is that further rate actions will be data dependent. The markets will be keenly watching the jobs report and CPI numbers due before the September Fed meeting. As of now there are no known negative triggers that can impact global equity markets."
Shares of the railway firm rose over 7% to a record high of Rs 102.85 today. Market cap of the firm rose to Rs 3,303 crore on BSE. A total of 3.81 lakh shares changed hands amounting to a turnover of Rs 3.92 crore on BSE. The firm will announce its Q1 earnings on August 3
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Shares of RVNL fell 5% to Rs 125.50 in early trade as OFS for about 5.36% in Rail Vikas Nigam Ltd (RVNL) opened today. By 9.42 am, the issue had received bids for 1,31,731 shares, which was 0.21% of the total issue size of 63,801,615 shares. The government has set a floor price of Rs 119, which was at a 11.42% discount to RVNL’s Wednesday closing price on BSE. Market cap of the firm slipped to Rs 26,792 crore
Shares of RBL Bank gained nearly 4% to touch their 52-week high of Rs 251.20 on BSE. Market cap of the bank rose to Rs 14,767 crore. A total of 12.77 lakh shares changed hands amounting to a turnover of Rs 31.11 crore on BSE. The rally came after Mahindra & Mahindra acquired a 3.53% stake in RBL Bank for Rs 417 crore
Shares of Netweb Technologies India made a stellar debut at Dalal Street on Thursday as the stock listed at Rs 947 on the National Stock Exchange (NSE), a premium of 90%, over its issue price of Rs 500. Similarly, the stock made its debut at a premium of 89% at Rs 942.50 on the BSE
Ion Exchange stock fell 5% to Rs 517.30 after the firm posted a 18.73% rise in its net profit at Rs 33.27 crore. The firm had reported Rs 28.02 crore net profit in the April-June period of the preceding 2022-23 fiscal. Market cap of the firm slipped to Rs 7,674 crore. A total of 0.49 lakh shares changed hands amounting to a turnover of Rs 2.62 crore on BSE
Jindal Stainless shares hit their all-time high of Rs 386.55 post Q1 earnings. The stock rose nearly 3% on BSE. Market cap of the firm rose to Rs 31,714 crore. A total of 0.20 lakh shares changed hands amounting to a turnover of Rs 77.28 crore on BSE. Jindal Stainless reported a 50% rise in net profit to Rs 745 crore in the June quarter. Revenue from operations stood at Rs 10,184 crore in Q1, up 25.5% against Rs 8,115.6 crore in the corresponding period of the preceding fiscal
Bharti Airtel shares hit an all-time high of Rs 901.55 on BSE. The stock rose over 1% to a record high. Market cap of the firm climbed to 5.02 lakh crore on BSE. A total of 0.18 lakh shares changed hands amounting to a turnover of Rs 1.59 crore on BSE
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