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While the listing was a booster shot, the stock succumbed to selling, largely by passive index funds, who needed to adjust their portfolio ahead of the exit of Jio Financial from Nifty 50 and Sensex

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Investors typically buy gold during times of financial and economic uncertainty and rising inflation. This was seen in May when gold rallied to near-record highs during the U.S. regional banking crisis.

CEO Vijay Shekar Sharma said Paytm’s next contribution will be small mobile credit with high credit quality and fully compliant with the regulators guidelines

Approximately 24 stocks demonstrated a noteworthy increase, with MFs collectively adding over 1 crore shares in July

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Can Chinese economic recovery boost silver prices?

Updated at : 2023-08-21 19:20:01

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Silver returned to the limelight in May when prices surged to near one-year high. The boost in prices largely came from industrial demand, especially from China

After listing at a slight premium, JFSL shares reversed the trend and were locked in the 5% lower circuit at Rs 248.90. This is due to likely selling by passive index funds. The stock will be removed from the indices on Thursday, provided it does not hit the price band for two consecutive days.

Between August 7 and 18, Kempas Trade and Investment bought 2.53 crore shares or 2.22% in Adani Enterprises, increasing the overall stake of promoters in the company to 69.87%. Promoters held 67.65% in Adani Enterprises at the end of June quarter

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The brokerage shares six stock ideas after evaluating the Q1 performance and medium-term outlook for banks and NBFCs

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The Nifty Realty index closed 0.99 per cent up at 535.45.

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