Getty ImagesBenchmark NSE Nifty index rose 71.35 points to 18392.5 amid buying in frontline bluechip stocks.
However, stocks such as Page Industries, Bombay Metrics Suppl, Quicktouch Technolog, Power & Instrument and Oswal Green Tech, touched their fresh 52-week low.
Overall, 34 shares traded in the green in Nifty50 index, while 15 traded in the red.
In the Nifty 50 index, RIL, Hindalco, UPL, Divis Labs and Wipro were among top gainers, while ONGC, Grasim Inds., Power Grid, Bharti Airtel and Axis Bank traded in the red.
The BSE Sensex was trading 242.07 points up at 62114.69 at 10:45AM(IST).
Traders were seen piling up positions in Industrial Equipment, Telecommunications, Trading, Diversified and Learning & Education sectors, while selling was visible in Apparels, General, Media & Entertainment, Term Lending Institutions and Gas & Petroleum sectors.
Friday, 26 May, 2023- Front Page
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Economy Grew Faster at 5.1% in Q4: EconomistsReserve Bank of India (RBI) governor Shaktikanta Das on Wednesday indicated FY23 growth may have exceeded the official estimate of 7% on the back of strong growth momentum in the March quarter.
Investors from 21 Nations Exempted from Angel TaxIndia exempted investments by non-resident entities such as sovereign wealth funds and pension funds from 21 countries from the so-called ‘angel tax’, leaving out Mauritius, Singapore, and UAE among others that account for significant equity inflow into the country.
DoT Won’t Give 5G Spectrum to Enterprises for Private NetworkThe Department of Telecommunications (DoT) has decided against giving spectrum directly to enterprises for captive private networks, snubbing companies such as Infosys, Larsen & Toubro, Tata Power and GMR, which have been calling for allocation of airwaves without auctions.
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