Reliance Capital has moved ex-Home Finance business from Tuesday. The stock’s Future and Option contracts have expired on Monday. The stock settled at Rs. 687.40 share apiece at its opening bell on BSE and surged to touch intraday high of Rs. 740 share apiece, up by 7.96 percent within first few minutes’ trade. Reliance Capital share holders will get one free share of Reliance Home Finance as on Sept 6, 2017, for every share held in the company.
After opening on a passive note, Nifty has again lost ground led by selling pressure in the Pharma stocks and realty stocks, but the Metals index showed positive signals.
Buzzing stocks: Stocks of Raymond hits fresh 52-week high with growing volumes.
Shares of Apex Frozen Foods IPO list at Rs 202 on NSE with a price band at Rs 175.
Stocks of NMDC rises over 2 percent after the company increased iron ore prices by Rs 175 per tonne for September.
Stocks of TVS Motors gains 1.5 percent after company’s August sales rose 16 percent.
Ajanta Pharma Stock advanced 1 percent after the company obtained USFDA approval for generic of Comtan tablets, while Sun Pharma down marginally seeing single digit decline in revenues for FY18.
The companies such as JBM Auto, Film Industries, Manali Petrochemicals, Salasar Techno are excepted the announce their results today.
The Equity Market has opened marginally higher for the last trading day of this week. Nifty has opened at 9932 marks, higher 15 points, while Sensex opened near 60 points up with 31778 marks. Nifty was closed at 9956 level with gains of 39 points and Sensex was up 84 points at 31730 on Thursday.
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