The two rail stocks had been strengthening ever since there had been reports that the government might divest up to 10 per cent stake in RailTel, Rail Vikas and four other public-listed railway firms. There had been reports that the divestment shall give the government a sum of Rs 12,000 cro
Retail inflation moderated to a three-month low of 6.77 per cent in October from 7.41 per cent the previous month. Also, wholesale inflation in October came in at single-digit after 18 long months.
The rupee may remain weak-to-volatile for a while but the worst is largely over for the currency, said Seshadri Sen, Head of Research at asset management company Alchemy Capital Management.
In broad-based indexes, S&P BSE LargeCap went up 104 points to 7,110 points with stocks like Zomato, Naukri, Bajaj Finance as most active ones in the index. BSE MidCap moved up 130 points to 25,558.73 level as Godrej Properties and NHPC were gainers in the index.
Among the most active st
At 9.53 am, Sensex traded at 60,555.92 points, down 477.63 points or 0.78 per cent, whereas Nifty traded at 18,022.70 points, down 134.30 points or 0.74 per cent.
The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September, against Rs 7,627 crore in the year-ago period, on the back of robust loan sales, higher interest income and lower provisions. In five days, the stocks of the lender have managed to
India's mobile payments pioneer debuted in the stock market in 2021, which was then the largest initial public offering (IPO) in the country. Over the last one year, the most talked-about stock among the new-age tech stocks had been Paytm.