RIL share price gained 1.64 per cent to Rs 2,191 apiece on BSE, after the company informed that Reliance Jio has locally developed an open and interoperable interface compliant architecture-based 5G solution in collaboration with Qualcomm Technologies. With today’s gain, Reliance Industries Ltd stock price is up 152 per cent from its 52-week low of Rs 868 touched in March this year. “Qualcomm Technologies, Inc. and Jio Platforms along with its wholly-owned subsidiary Radisys Corporation
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Gold prices in India fell for the second day on Tuesday as the dollar index has rebounded after two back to back sessions of sharp depreciation, according to analysts. On MCX, gold December futures were trading Rs 117 or 0.23 per cent down at Rs 50,570 per 10 gram. While silver December futures were ruling at Rs 62,000 per kg, down Rs 95 or 0.15 per cent on the multi-commodity exchange. COMEX gold was also
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19October
Mutual fund cut-off times restored: Now, buy, sell units before this time for same-day NAV
Mutual fund investors, from today, can place their orders for subscription or redemption of units in line with the revised cut-off time. Capital markets regulator SEBI on Friday restored the buying and selling time for all schemes other than debt mutual fund schemes and conservative hybrid funds to their normal cut-off time of 3 PM. The restoration of the cut-off time comes six months after SEBI decided to trim the cut-off timing for both equity
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In India, there are more than 5,500 listed companies, which is the highest in the world. In terms of market cap, all companies, apart from the Top-250 companies, fall in the Small-Cap category. This means that there are roughly 5,250 listed small-cap companies (Market cap of <INR 8,000Cr) in India today. Small-cap investing is a double-edged sword with high risk-reward. Biggest wealth is created when one invests in the right business much ahead of the
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15October
Rakesh Jhunjhunwala made over Rs 1,400 crore from these 7 stocks in the July-September quarter
Ace investor Rakesh Jhunjhunwala saw his net worth surge by over Rs 1,400 crore between July and September this year. While Sensex zoomed 10% during this phase, seven big names in the big bull’s mammoth portfolio outperformed the market, and helped him enjoy the benefits. These stocks include Titan Company Ltd, Escorts Limited, Crisil, Lupin, Rallis India, Jubilant Life Sciences, and Fortis Healthcare. However, it must be noted that shareholding data as of 30 September
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