Trent, Bharat Electronics likely to replace LTI Mindtree and Divi’s Lab in Nifty: Nuvama

Trent, Bharat Electronics likely to replace LTI Mindtree and Divi’s Lab in Nifty: Nuvama

Retailer and hypermarket operator Trent and state-owned Bharat Electronics are likely to replace LTI Mindtree and Divi’s Laboratories in the forthcoming rejig in the Nifty index, according to an estimate by Nuvama Alternative & Quantitative Research. The possible changes would lead to an inflow of $429 million or Rs 3,500 crore into Trent and $ … Read more

Volume Shocker! MFs lap up over 1 crore shares of 5 stocks in Feb – ​Portfolio Watch

Volume Shocker! MFs lap up over 1 crore shares of 5 stocks in Feb – ​Portfolio Watch

Tata Steel. Share Price 148.40 02:09 PM | 18 Mar 2024 6.71(4.73%) Mahindra & Mahindra. Share Price 1850.90 02:09 PM | 18 Mar 2024 51.41(2.86%) JSW Steel. Share Price 800.75 02:09 PM | 18 Mar 2024 20.11(2.58%) Tata Motors. Share Price 964.40 02:09 PM | 18 Mar 2024 18.55(1.97%) Bajaj Auto. Share Price 8514.00 02:09 … Read more

Paytm dives 42% in 3 days, rivals eye its merchant biz

Paytm dives 42% in 3 days, rivals eye its merchant biz

MUMBAI: Paytm’s stock hit the lower circuit for the third consecutive session, crashing another 10% on Monday, amid uncertainty over its payments bank operations even as rival payments firms eyed its merchant business.Equity markets were also rife with rumours about Mukesh Ambani’s Jio Financial Services taking over Paytm’s operations, leading to the shares hitting an … Read more

Jio Financial shares drop by over 6%; here’s what you should know about the Q3 results | India Business News

Jio Financial shares drop by over 6%; here’s what you should know about the Q3 results | India Business News

JFSL share price today: Shares of Jio Financial Services (JFSL), the financial arm that demerged from Reliance Industries (RIL) last year, experienced a decline of 6.25% on Tuesday, reaching a low of Rs 250.10 on the Bombay Stock Exchange. This drop followed the non-banking financial company’s (NBFC) report of a 56% decrease in consolidated profit … Read more

Jio Financial Services Q3 net profit falls 56 pc to Rs 294 crore

Jio Financial Services Q3 net profit falls 56 pc to Rs 294 crore

NEW DELHI: Jio Financial Services Ltd on Monday reported a 56 per cent decline in consolidated net profit at Rs 294 crore for the third quarter ended December 2023, compared to the previous quarter. The company had earned a consolidated net profit of Rs 668 crore in the second quarter of the current fiscal, Jio … Read more

Jio Financial: Jio Financial Services to be excluded from NSE indices from September 7

Jio Financial: Jio Financial Services to be excluded from NSE indices from September 7

MUMBAI: Jio Financial Services Limited, the demerged financial services unit of Reliance Industries, will be excluded from various indices of NSE, including the benchmark Nifty 50, from September 7.Shares of Jio Financial got listed on the stock exchanges on August 21, after its spin-off from parent Reliance Industries.In accordance with the index methodology, as JIOFIN … Read more

Jio Financial Services: Jio Financial Services to move out of Sensex today

Jio Financial Services: Jio Financial Services to move out of Sensex today

Mumbai: Jio Financial Services, the demerged entity of Reliance Industries, will be taken out of BSE’s indices, including Sensex, from September 1 with the stock managing the close above the lowest tradable daily limit for three straight trading sessions. “JFSL has not hit the lower circuit on Tuesday, August 29, 2023 , and Wednesday, August … Read more