Latest Stock Market News

>> For more such web stories click on the ET icon below

A total of 711,698 shares changed hands on the counter till 02:09PM (IST)

Promoters held 0.0 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 7.9 per cent and 1.19 per cent, respectively.

One of the key strengths of Reliance is its robust cash flows that will allow it to invest large capital in growth projects when everybody else is finding it difficult to raise funds in a capital-scarce environment.

The markets have been on a declining trend over the past five trading sessions hit by back-to-back crises in the global financial systems. It started with Silicon Valley Bank (SVB) on 9 March 2023, followed by Signature Bank and now Credit Suisse Bank.

“The green shoots in demand revival on account of a pick-up in real estate demand will add colours to the sector. Further, the current deflationary trend in raw material prices will be reflected in margins in the coming quarters,” said Antu Thomas, research analyst at

The event will help traders to learn, grow and connect within the community. It will give them insights into strategy formulation and also elevate their personal as well as professional growth.

Key beneficiary of improved digital demand, industry leading revenue growth and healthy capital allocation prompts the brokerage to be positive on the counter.

Foreign banks have a relatively smaller presence in India with a 6% share in total assets, 4% in loans and 5% in deposits. They are more active in the derivative markets (forex and interest rates) where they have a 50% share.

The Nifty IT index was trading 0.01 per cent up at 28718.15.