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.
Sensex closed at a fresh all-time high of 74,151.27 while the Nifty 50 hit its record high of 22,497.20 during the session.
One bond is worth Rs 2,500 crores and has a 10-year maturity, with a redemption date of February 28, 2034, and yield of 7.47 per cent.
The bets on public sector company (PSU) stocks are on high as the Mutual funds (MF) continued to load up on them in January.
Nifty slumped to 21,530.20 but rebounded to end the day 97 points, or 0.44%, higher at 21,840.
The Nifty crossed the 22k mark. Nifty top gainers are BPCL up 6 per cent, Adani Ports, up by more than 5 per cent.
