Canara HSBC Life Insurance Company has filed for an initial public offering (IPO), with its existing shareholders looking to sell their stake.
The combined market valuation of six of the top 10 valued firms in the last week soared by Rs 1,18,626.24 crore. Tata Consultancy Services (TCS) stole the show with maximum gains.
The stock market extended gains for the fifth consecutive session on Friday, ignoring weak global markets.
Vodafone Idea (Vi) stated through a filing to the Bombay Stock Exchange (BSE) on Friday that it plans to appeal against a Rs 16.73-crore Goods & Services (GST) demand order it has received from the Deputy Commissioner of the Large Taxpayer Unit of West Bengal.
In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by the December end.
After switching direction at least eight times during the session S&P BSE Sensex moved in a range of 413.41 points, before settling with a gain of 280.71 points at 37,384.99 for the day.
Industrial production growth slipped to 4.3 per cent in July from 6.5 in August.
Big names such as Reliance Industries, Axis Bank, Maruti Suzuki, and ITC contributed the most to the losses on the Sensex. Yes Bank shares slumped 5.10 per cent or Rs. 3.65 to close at 67.95 on the BSE.
Sensex opened higher at 37,330.47, from its previous close of 37,270.82.
The Sensex is trading at 37,204.95 up by 59.50 points or 0.16 per cent from its Monday's close at 37,145.45.
