reliance industries
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Top News
What D-Street analysts said on Adani’s hostile takeover bid for NDTV
What D-Street analysts said, Shares climbed 5 percent in Wednesday’s trade, even as the open offer by Adani Group firms to acquire a 26 percent stake in the media firm at Rs 294 apiece was at a 19.71 percent discount to Tuesday’s closing price of Rs 366.20. Avinash Gorakshakar, Head-Research at Profitmart Securities, said since the open offer is at…
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Stock Market
Stock market update: Sugar stocks down as market rises
Sugar shares closed higher in Wednesday’s session. Kothari Sugars & Chemicals(up 5.29%), Dharani Sugars & Chemicals(up 1.77%), Ponni Sugars(Erode)(up 0.63%) and Mawana Sugars(up 0.27%) stood among the top gainers. & Industries(down 5.68%), AVADHSUGAR(down 5.38%), Balrampur Chini Mills(down 5.21%), Ugar Sugar Works(down 4.79%), BAJAJHIND(down 4.33%), Uttam Sugar Mills(down 3.95%), Shree Renuka Sugars(down 3.08%), Dwarikesh Sugar Industries(down 2.84%), Bannari Amman Sugars(down 2.71%)…
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Markets
Sensex reclaims 58K, Nifty nears 17,350; auto, banking shares top gainers
Equity market ended higher for the fourth session on Monday, tracking strong global cues and inflows of fresh foreign funds. Sensex climbed 545.25 points to end at 58,115.50. During the day, the index jumped 600.42 points or 1 per cent to 58,170.67. Nifty gained 181.80 points or 1.06 per cent to 17,340.05. Mahindra & Mahindra, NTPC, Reliance Industries, Maruti Suzuki…
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Top News
Stock market update: Sugar stocks down as market falls
NEW DELHI: Sugar shares closed lower in the Tuesday’s session. stood among the top gainers. & Chemicals(down 4.33%), BAJAJHIND(down 4.26%), Ugar Sugar Works(down 4.19%), AVADHSUGAR(down 4.05%), MAGADHSUGAR(down 3.60%), Dalmia Bharat Sugar & Industries(down 3.10%), Dhampur Sugar Mills(down 2.72%), Shree Renuka Sugars(down 2.45%), Rana Sugars(down 2.44%) and K.M.Sugar Mills(down 2.36%) were among the top losers of the day. The NSE Nifty50…
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Market Walk
Do you really think that Ambani’s consumer platforms are developing?
Reliance Industries Ltd (RIL) shares fall more than 3% on the BSE Reliance Industries Ltd. (RIL) shares fell more than 3 per cent on the BSE in Monday’s opening deals due to the company missing estimates for the June quarter, despite the fact that its net profit increased 46% to 17,955 crores, thanks to strong refining margins brought on by…
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Bonds
Bond yields fall as U.S. peers dip; rupee strengthens slightly
Indian bond yields on Monday tracked a slide in their U.S. peers and the rupee inched higher amid a modest rise in other Asian currencies, although the gains were capped by losses in the domestic share market. The benchmark 10-year bond yield was at 7.37% by 0527 GMT, compared with its close of 7.41% on Friday. The U.S. 10-year Treasury…
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Top News
Future’s offshore bondholders get recovery assurance
Future Retail’s offshore bondholders received a formal communication on Tuesday evening that a Reliance Industries-linked entity will fully absorb $500 million of senior secured bonds, implying a full recovery for them even as domestic lenders, fearing a haircut, have appointed Saraf & Partners as their legal advisor to counsel them on how to maximise their recovery, said two people aware…
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Top News
Reliance Buys Assets Of Battery Maker Lithium Werks In Clean Energy Push
The deal comes as Reliance looks to cut dependence on its mainstay oil-to-chemicals business. New Delhi: Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures…
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Markets
Oil and gas stocks slip after brent crude races past $100 a barrel
Oil and gas stocks crashed today after brent crude rates went past $100 for the first time in over seven years. The spike in brent rates came amid a possibility of stricter sanctions on oil producer Russia after it attacked Ukraine on Thursday. BSE oil and gas index plunged 695 points to 16,781 in afternoon session against the previous close…
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Bonds
Reliance Industries lists existing foreign currency bonds worth over $7 billion on India INX
New Delhi: Reliance Industries Ltd (RIL) has listed its existing foreign currency bonds aggregating over USD 7 billion on India INX, making it the largest such listing by a private entity in India INX and GIFT IFSC. The securities include the USD 4 billion worth jumbo bonds raised in January 2022, which was termed as the largest ever foreign currency…
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