Jio Financial Services (JFS), the financial arm of Indian conglomerate Reliance Industries, is set to be listed on the stock exchanges on August 21, per a stock exchange circular on Friday. Billionaire Mukesh Ambani’s Reliance hadlast monthspun off JFS, with the market ascribing a valuation of around $20 billion. Ambani has said Jio Financial Services […]
Month: March 2024
Stocks To Watch: Reliance Industries, Shoppers Stop, Bharti Airtel, Suzlon Energy, Vodafone Idea, PaytmStocks To Watch: Reliance Industries, Shoppers Stop, Bharti Airtel, Suzlon Energy, Vodafone Idea, Paytm
Stocks in focus: GIFT Nifty traded 0.17% higher during Friday’s early trading session at 19,326, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. The equity benchmarks closed in the red on Thursday, erasing all morning gains. After touching an intraday high of 19,584.45, the NSE index crashed over 1% or […]
Zaggle Prepaid makes muted market debut; shares settle over 3 per cent lowerZaggle Prepaid makes muted market debut; shares settle over 3 per cent lower
Shares of fintech player Zaggle Prepaid Ocean Services Ltd made a muted market debut on Friday, falling over 3 per cent, against the issue price of Rs 164. The stock listed at Rs 162, down 1.21 per cent from the issue price on the BSE. During the day, it hit a high of Rs 176 […]
Wholesale sugar prices at 6-year high amid supply crunch fearsWholesale sugar prices at 6-year high amid supply crunch fears
Wholesale sugar prices have touched Rs 37.75/kg, highest since 2017 amid expectation of a fall in output because of deficient rainfall in Maharashtra and Karnataka, The prices have risen by around 3% from the level two weeks back. The government is also considering a proposal to impose stock holding limits for wholesalers, prescribing the maximum […]