Getty ImagesThe NSE Nifty index traded 177.2 points up at 18246.2, while BSE Sensex was up 634.97 points at 61689.26 as of 10:51AM(IST)on May 08.
In the Nifty index, IndusInd Bank Ltd.(up 5.29 per cent), Bajaj Finance Ltd.(up 3.17 per cent), Tata Motors Ltd.(up 2.43 per cent), Bajaj Finserv Ltd.(up 2.25 per cent) and Oil And Natural Gas Corporation Ltd.(up 2.03 per cent) were among the top gainers.
On the other hand, Coal India Ltd.(down 2.61 per cent), Adani Enterprises Ltd.(down 1.32 per cent), Dr. Reddy's Laboratories Ltd.(down 0.66 per cent), Larsen & Toubro Ltd.(down 0.48 per cent) and Sun Pharmaceutical Industries Ltd.(down 0.46 per cent) were among the top losers.
Monday, 08 May, 2023- Front Page
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- Centre may See a Big Jump in RBI Dividend in FY24
The Centre is likely to make windfall gains by way of annual dividend receipts from the Reserve Bank of India (RBI), which is estimated to have garnered substantial profits in foreign-currency trading and by lending to the local banking system after the rise in policy rates and liquidity drainage prompted high-street lenders to borrow more from the RBI.
3 Russian Investors Register with Sebi to Enter FPI ListAmid mistrust, sanctions and weaponisation of the dollar, some of the large Russian investors may be preparing to directly bet on Indian stocks.
Sajjan Jindal Group Planning JSW Paints Stake Sale to PEsBillionaire Sajjan Jindal-led JSW Group is exploring a potential stake sale in JSW Paints, said two people directly aware of the development, as it looks to build capacity and establish a countrywide presence to take on its larger rivals.
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