Markets bounce back after 3 days of fall

Equity benchmarks ended with gains on Tuesday after falling for the past three days amid buying in index majors Infosys and Reliance Industries. The 30-share BSE Sensex climbed 274.12 points or 0.45 per cent to settle at 61,418.96. During the day, it jumped 321.79 points or 0.52 per cent to 61,466.63. The broader NSE…

Reliance to step into salon business, plans to buy 49% stake in Naturals

Reliance Retail, a unit of Indian oil-to-chemicals conglomerate Reliance Industries, is set to enter the salon business and is in talks to buy a 49% stake in Naturals Salon & Spa, the chief executive of the salon chain said in a social media post on Friday. The existing promoters of Naturals Salon-parent, Groom…

Mukesh Ambani’s Reliance becomes 1st Indian firm to hit Rs 19 lakh crore market cap | Check share price

Mukesh Ambani’s Reliance Industries (RIL) has hit a market capitalization (m-cap) of Rs 19 lakh crore, the first-ever Indian company to achieve the feat. Shares of the conglomerate scaled a record high on Wednesday. While the share market was down on Wednesday. However, bucking the trend, Reliance Industries…

Indian shares open flat as TCS reports 6% drop

Indian shares were subdued early on Monday as gains in Reliance Industries were offset by weakness in IT stocks after Tata Consultancy Services reported September-quarter results. The NSE Nifty 50 index (.NSEI) was up 0.05 per cent at 17,905.85, while the S&P BSE Sensex (.BSESN) was down 0.05 per cent at 60,005.01…

Sensex tumbles 254 points; HDFC twins weigh

Equity benchmark Sensex dropped 254 points on Wednesday following losses in index majors HDFC twins, Reliance Industries and ICICI Bank. The 30-share BSE benchmark closed 254.33 points or 0.43 per cent lower at 59,413.27. Similarly, the NSE Nifty declined 37.30 points or 0.21 per cent to 17,711.30. HDFC was the top…

Reliance Industries shares continue to rally: Here’s what brokerages say

Reliance Industries Limited (RIL) shares have been performing well on the stock market for a while and surged over 2 per cent on Thursday. This month has been particularly good for the stock as witnessed a sustained rally, supported by optimism pertaining to its retail and digital business. While there have been no…

JioPhone Next goes on sale from September 10: Specs, features, expected India price, and what we know so far

HIGHLIGHTS The JioPhone Next will run the latest Android 11 (Go Edition). It will have 2 GB LPDDR3 RAM along with 32 GB of eMMC 4.5 storage. The JioPhone Next will have a single 13-megapixel camera in the rear and an 8-megapixel front camera. The JioPhone Next that was unveiled two months ago during the 44th Annual…