Shares of Aditya Birla Sun Life AMC are quoting at Rs 726 apiece, marking a premium of Rs 14 or 2% over its issue price of Rs 712.
Mid and smallcaps should report overall healthy numbers but the management commentary on the future outlook will remain critical.
In opening trades, Sensex slipped 18 points or 0.03% to 59,280 while Nifty 50 was quoting at 17,688 lower by 2 points or 0.01%.
After a week-long consolidation, the Indian market is back in action despite unfavourable global sentiments.
The reopening of the economy & upcoming festive season will upgrade the future outlook.
Foreign portfolio investors (FPIs) pumped in Rs 13,154 crore in equities and Rs 13,363 crore in the debt segment between September 1-30.
NTPC rose 2.18% to Rs 142.90 on reports the state-run company expects to raise Rs 15,000 crore through initial public offerings in three units.
As new rates kick in, gas produced from fields given to state-owned ONGC and OIL will be $2.90 per million BTU for the six-month period starting Oct 1
CLSA initiates coverage on Muthoot Finance with a price target of Rs 1,900 per share and a price target of Rs 240 for Manappuram Finance.
DMart reported a standalone revenue jump of 46% to Rs 7,649.64 crore for the quarter ending September 2021 (Q2FY22).