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Midcap and smallcap stocks were high in demand. Zen Technologies ended the day on upper circuit, whereas RPG Life Science and ABB Power Products gained. The stocks part of F&O segment’s latest inclusion continued their rally.

Crude oil futures rise on spot demand

Updated at : 2021-09-01 17:20:01

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On the Multi Commodity Exchange, crude oil for the September delivery traded higher by Rs 11, or 0.22 per cent, at Rs 5,037 per barrel in 4380 lots.

Realty stocks surged as few of them were included in the NSE’s F&O segment. Bank and media stocks also continued their rally. IT and metal stocks were under selling pressure.

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In the Nifty pack, 25 stocks closed in the green, while 25 stocks ended in the red.

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According to merchant bankers, there could be more SaaS players hitting the IPO street, given the huge investor interest in the sector.

This fund manager expects 36% one-year EPS growth from his portfolio that combines value and growth.

Stock market update: Nifty Auto index advances 0.09%

Updated at : 2021-09-01 17:20:01

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The Nifty Auto index closed 0.09 per cent up at 10043.9.

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Nifty50 formed a bearish candle, but continued to form higher highs for the last four sessions.

NLC India raises Rs 600 cr via commercial paper

Updated at : 2021-09-01 16:20:02

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NLC India, a Navratna company under the Ministry of Coal, is into coal and lignite mining and power generation.

ICICI Pru Life shares fall 0.17% as Nifty drops

Updated at : 2021-09-01 15:20:02

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The stock quoted a 52-week high price of Rs 694.3 and a 52-week low of Rs 397.65.

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