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Avenue Supermart shares up 0.59% as Nifty gains

Updated at : 2022-02-28 14:05:04

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A total of 10,997 shares changed hands on the counter till 12:54PM (IST).

Does size matter? Can LIC compete with the more nimble-footed private insurers? Beyond the eye-popping numbers and optics lie some uncomfortable truths. ET Wealth delved deep into the numbers in the DRHP and sifted the good, the bad and downright ugly to get the complete picture. Here’s what we found.

Barring the US dollar-pegged USD Coin, all of the top digital tokens were trading lower. Avalanche tanked over 7 per cent while Terra tumbled 5 per cent. Ethereum declined 4 per cent.

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At 9.30 am, BSE Sensex was ruling at 54,938.42, down 920.10 points or 1.65 per cent. The NSE Nifty stood at 16,373.95, down 284.45 points or 1.71 per cent.

In the spot market, highest purity gold was sold at Rs 50,664 per 10 gram while silver was priced at Rs 65,174 per kg on Thursday, according to the Indian Bullion and Jewellers Association.

“We have a big week coming up. The Fed chairman is going to speak. We have the jobs report coming up and then we have all the other data coming out and so this week is going to be very important to see where the dust will settle and how the market will accept all this geopolitical pressure with all this data coming out. ”

Aurobindo’s scrip fell to a low of Rs 612.60, 2 per cent lower than previous close on the National Stock Exchange, while Sun Pharma’s counter slid as much as 1.3 per cent to a low of Rs 821.

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RFL, a subsidiary of Religare Enterprises Ltd (REL), was put under the Corrective Action Plan (CAP) by the Reserve Bank of India in January 2018 due to issues emanating from siphoning and misappropriation of funds by erstwhile promoters of REL and their associates, PTI reported.

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Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 8.67 per cent and 1.17 per cent, respectively.

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As of shareholding filed on December 31, 2021, the Chennai-based marquee investor Dolly Khanna held 38,63,925 equity shares or a 1.15 per cent stake in Rain Industries.

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