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Mcap of 8 of top-10 most valued firms surges ₹1.21 lakh crore; Reliance biggest winner

Image used for representative purpose only. | Photo Credit: Reuters The combined market valuation of eight of the top-10 most valued firms surged ₹1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21%. The…

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FPIs inflow hit 9-month high of ₹57,359 cr in equities in September; surpasses ₹1 lakh cr mark

Foreign investors have poured ₹57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the U.S. Federal Reserve. With this infusion, foreign portfolio investors’ (FPIs) investment in equities has surpassed the ₹1 lakh crore mark in 2024, data with the depositories showed. Going…

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PM-JAY extended: New proposal for central govt pensioners to offer scheme option for CGHS beneficiaries: Report

A new proposal for central government pensioners, under the Central Government Health Scheme (CGHS) and the Ex-Servicemen Contributory Health Scheme (ECHS), will likely offer the Pradhan Mantri Jan Arogya Yojana (PM-JAY) scheme as an additional option, reported the news portal Financial Express on Saturday, September 28. According to the report, Shiva Gopal Mishra, secretary of…

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Anil Ambani’s RPower Stocks, Reliance Power Share Price Updates 27 Sep 2024: Reliance Power stock continues bull run as subsidiary repays ₹850 crore debt, locked in upper circuit

nil Ambani Stocks, Rpower Shares, Reliance Power Stock Price Updates September 27, 2024: Shares of Reliance Power surged to hit a fresh high on Friday, and closed 5% higher. Anil Ambani-led Reliance Power informed the exchanges that its subsidiary, Rosa Power, has prepaid ₹850 crore of its debt to Singapore-based lender Varde Partners. This follows…

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