Power Grid Infrastructure Investment (PowerGrid InvIT) is owned by state-run Power Grid Corporation of India. This will be the first Infrastructure Investment Trust (InvIT) in the country to be floated by a public sector company.
Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T.
Nine of the 10 most valued companies witnessed a combined erosion of Rs 1,33,433. 64 crore from market valuation in-tandem with a weak broader market trend last week.
Equity benchmark Sensex declined over 300 points in early trade on Friday, tracking losses in index majors HDFC twins, ICICI Bank and Infosys amid concerns that the second wave of COVID-19 pandemic may derail the economic recovery of the country.
After falling 501 points in opening session, 30-share BSE index pared all losses to end 374.87 points or 0.79 per cent higher at 48,080.67.
Domestic equity benchmarks Sensex and Nifty erased early gains to settle with losses for the second day on the trot on Tuesday, as surging COVID-19 cases and growing localised restrictions continued to dent investor sentiment.
Bombay Oxygen Investments Ltd shares have been witnessing a particularly sharp rally for many days now and have more than doubled from about Rs 10,000 level seen in March-end and the market watchers feel the only reason for this kind of stupendous rally is the name of the company.
Equity benchmark Sensex plummeted 883 points on Monday following a massive across-the-board selloff as mounting COVID-19 cases spooked domestic investors.
Sensex crashed over 1,300 points on Monday to trade below 47,700. The NSE Nifty too tanked nearly 400 points to trade below 14,300.
Infosys share buyback: Infosys has fixed buyback price at Rs 1,750 apiece.
Equity benchmark Sensex rebounded over 660 points on Tuesday, tracking strong gains in auto and financial stocks amid largely positive cues from global markets.
TCS dividend: Tata Consultancy Services has announced a final dividend of Rs 15 per equity share.
The 30-share BSE index was trading 236.71 points or 0.49 per cent higher at 48,120.09.Similarly, the broader NSE Nifty advanced 68.55 points or 0.48% to 14,379.35.
The 30-share BSE index sank 1,707.94 points or 3.44 per cent to end at 47,883.38. Similarly, the broader NSE Nifty plunged 524.05 points or 3.53 per cent to finish at 14,310.80.
Equity benchmark Sensex plummeted over 1,400 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank, and Reliance Industries as spiking COVID-19 cases in the country spooked investors amid negative cues from global markets.
The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. Similarly, the broader NSE Nifty slipped 44.10 points or 0.30 per cent to 14,829.70.
Aditya Birla Capital is planning for IPO of its mutual fund business -- Aditya Birla Sun Life Asset Management Company.
30-share BSE index was trading 199.01 points or 0.40 per cent higher at 49,400.40 and broader NSE Nifty advanced 68.90 points or 0.47 per cent to 14,752.40.
IPO of Lodha Developers, now renamed Macrotech Developers, will open for subscription on Wednesday.
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