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BEL shares 0.0% as Nifty gains

Updated at : 2023-01-17 18:30:04

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The stock quoted a 52-week high price of Rs 115.0 and a 52-week low of Rs 62.29.

"The Budget is expected to maintain its focus on domestic manufacturing revival and PLI schemes for labour-intensive sectors. Most importantly, instead of going populist, the Budget is expected to keep post-Covid fiscal consolidation, divestment and reduction of subsidies as its priorities,” she said.

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Innova Captab is an integrated pharmaceutical company in India with a presence across the value of the pharmaceutical chain including research and development, manufacturing, drug distribution and marketing, and exports. The company filed preliminary IPO papers with Sebi on July 07, 2022.

Stock market update: Nifty Bank index advances 0.16%

Updated at : 2023-01-17 18:30:04

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The Nifty Bank index closed 0.16 per cent up at 42235.05.

The underlying short-term trend of Nifty is positive. The market is currently placed at the edge of the upside breakout of the consolidation or triangle pattern around 18100 levels.

There are ideas floating on the streamlining of long-term capital gains tax across all asset classes. We expect this Budget to change long term capital gains for listed equities in line with real estate.

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The NCLT on Friday ruled that the winning bidder can be handed over the airline and will be granted six months starting November 16, 2021, to pay back the banks that have lent the airline around Rs 8,000 crore. As per the resolution plan, JKC should make cash payment of Rs 185 crore to financial creditors within 180 days from this effective date.

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Total income increased to Rs 14,159.60 crore in the latest December quarter from Rs 11,211.14 crore in the year-ago period, BoI said in a regulatory filing.

From the Sensex pack, L&T was the top gainer, rising over 3.5%. HUL, HCL Tech, HDFC Bank, HDFC, Reliance, UltraTech Cement and TCS also closed with gains.

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