The report says its board may meet on May 28 to formally approve the IPO
Credit Suisse removed Tata Steel from its 30-stock portfolio and added Hindalco citing an aluminium-to-steel price ratio near a two-decade low, an inversion is likely
Markets are likely to remain volatile on an intraday basis as traders roll over positions in the F&O segment from the near month May series to June series
Sensex ended 379 points or 0.75% higher at 51,017, while Nifty 50 closed at 15,301, up 93 points or 0.61%
The upward trend of the markets is likely to continue from here amid a steep decline in daily Covid-19 cases and robust Q4 earnings
The company reported a 43.3% rise in its net profit Rs 99 crore in the fourth quarter in FY21 from Rs 69 crore due to sharp cost controls
Titan, M&M, Bajaj Finserv, Sun Pharma & HUL were the top gainers on the Sensex rallying 0.60-1.88%.
At close, Sensex was down 14 points or 0.03% at 50,637, in contrast the Nifty was up 10 points or 0.07% at 15,208.
Converting this fund into an open-ended one will give a wider base of investors access to this fund thereby democratizing the IPO opportunities for these investors
Barring HDFC Bank all other 29 constituents of Sensex were trading in the green. ONGC, M&M, Nestle India, Titan & Asian Paints rose up to 1.55%.