BSE MidCap index scaled to a new peak of 24,715, while BSE SmallCap index touched a new high of 27,645 in today's session.
Nifty 50 index is currently trading at relatively reasonable valuations on P/B basis at 3.6x, 0.77 standard deviation above long term averages.
Rain Industries' consolidated net profit surged 672.4% YoY to Rs 265.80 crore on a 54.3% jump in net sales to Rs 3,643.47 crore in Q1 June 2021.
Globally markets have taken a breather from the risk-on mode. India too is likely to follow suit.
Here's a glimpse of Money9’s video line-up for September 9. Get latest updates in the Personal Finance space and what's buzzing in Dalal Street
UCO Bank said that the Reserve Bank of India has lifted Prompt Corrective Action restrictions on the bank.
The overall market breadth was positive as 1,812 stocks on the BSE advanced, while 1,366 declined and 165 were unchanged.
After hitting intra-day low of 57,924.48, the BSE Sensex closed 29.22 points or 0.05% lower at 58,250.26
As per market news, GMP for Vijaya Diagnostic Centre is at Rs 5 i.e 1% at the upper price band of the IPO.
Ami Organics IPO: We suggest short term investors to book profit on listing day if they receive the allotment," said Yash Gupta of of Angel Broking.