Firstsource Solutions Ltd has added 3.98% over last one month compared to 2.19% fall in S&P BSE IT Sector index and 6.63% rise in the SENSEX
Industrials stocks were trading with gains, with the S&P BSE Industrials index increasing 24.19 points or 0.58% at 4181.25 at 09:48 IST.
“It is really strange. The stock will not have any value once it is delisted. Gullible retail investors, who hope to make a quick buck, are buying into the stock,” said a stock market executive who heads the capital market strategy division of a leading brokerage
Utilities stocks were trading in green, with the S&P BSE Utilities index increasing 23.29 points or 1.15% at 2056.58 at 09:48 IST.
Power stocks were trading in the positive zone, with the S&P BSE Power index rising 27.93 points or 1.19% at 2369.75 at 09:48 IST.
The number of people who have recuperated from the disease has climbed to 1,06,44,858, which translates to a national COVID-19 recovery rate of 97.33%, while the case fatality rate stands at 1.43%
Shares of Nestle India traded 3.42% lower at Rs 16,633.85 at around 10.20 am (IST), while the benchmark BSE Sensex traded 0.58% down at 51,811 at around the same time.
Maruti has achieved this feat despite stiff competition and the absence of a mid-size SUV
The deal provides an exit route for a host of investors of BigBasket, including Chinese billionaire Jack Ma-controlled Alibaba