ThinkStock PhotosIndusInd Bank Ltd.(up 1.98 per cent), IDFC First Bank Ltd.(up 1.72 per cent), Punjab National Bank(up 1.64 per cent), Bank of Baroda(up 1.61 per cent) and Kotak Mahindra Bank Ltd.(up 1.23 per cent) were among the top gainers.
were the top losers on the index.
The Nifty Bank index was up 0.89 per cent at 43078.9 at the time of writing this report.
Benchmark NSE Nifty50 index was up 130.3 points at 19119.45, while the BSE Sensex was up 426.94 points at 64018.27.
Among the 50 stocks in the Nifty index, 44 were trading in the green, while 6 were in the red.
Shares of Vodafone Idea, JP Power, Tata Steel, YES Bank and Indian Oil Corp. were among the most traded shares on the NSE.
Shares of Cupid Ltd, Kapston Facilities, JK Tyre, REC and Arvind Ltd hit their fresh 52-week highs in today's trade, while Cantabil Retail, Winsome Yarns, MT Educare, Max Estates and Wonder Fibromats hit fresh 52-week lows in trade.
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Octoberfest: Most Macro Indicators Enter Party ZoneIndia’s goods and services tax (GST) revenue rose 13% in October to ₹1.72 lakh crore, the second highest monthly collection since the levy was rolled out in July 2017, riding robust festive demand and improved compliance.
Big FMCG Bite Gives Teeth to Revival RecipeGlobal research firm Kantar said it is seeing the start of a turnaround in the fast-moving consumer goods (FMCG) sector, after demand for daily groceries and essentials increased 7.2% year-on-year in the September quarter.
Apollo Bets Big on Pvt Credit Space in IndiaPivoting away from their swashbuckling playbook of big-bang buyouts, most marque PE funds are now embracing private credit as the cost of funds surges to their highest since 2008. Apollo’s private credit unit now manages more than $400 billion in AUM, four times the size of its buyout arm, which has been the linchpin of its business. In an exclusive interview with Swaraj Dhanjal and Arijit Barman in Mumbai during his first India trip, James C Zelter, co-president of the firm, talks about this mega shift in high finance.
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