The Indian brokerage industry has seen significant growth, especially post-COVID, as more retail investors flock to stock markets amidst a surge in digital adoption. The pandemic accelerated the shift towards online trading platforms, with investors seeking easy access to markets and investment opportunities. This has led to a flourishing of discount brokers offering low-cost trading, [...]
The Indian Benchmark equity indices ended Friday’s trading session in Green, with the Sensex gaining around 0.78 percent or 622 points ending the week at 80,519.34 and the Nifty 50 index gaining around 0.77 percent or 186.20 points ending the week at 24,502.15 Listed below are some of the companies that you can add to [...]
The share price of the large-cap company rose by 2 percent to its intraday high of Rs 239.2 per share from its previous close of Rs 234.45 on Thursday after the company joint venture with a leading asset management firm. According to the Securities Exchange Board of India, Jio Financial and BlackRock a leading global [...]
Reliance Industries’ spun-off entity is all set to enter the National Stock Exchange’s (NSE) gauge Nifty. As per the index methodology, this entity would be included in indices effective from July 20 (Close of July 19). Recently, Axis Securities recommended that investors can buy the shares of Reliance Industries before the record date, i.e., July [...]
Index heavyweight Reliance Industries’ shares gained 4.65% on Monday’s intraday trades to hit a fresh 52-week high of ₹ 2,756.00. This happened after it decided to reduce the equity share capital held by its shareholders in Reliance Retail and announced the record date for the demerger of its financial services arm which will be renamed [...]
Billionaire Mukesh Ambani-led Reliance Industries has received a green light from its shareholders and creditors for the demerger of its financial services arm- Reliance Strategic Ventures. Nearly 100% of the votes cast were in favour of the resolution and the arm will be renamed as Jio Financial Services after the demerger. Reliance Industries had approved [...]
