Sensex Today | Share Market Live Updates: Sensex, Nifty expect positive start; Gift Nifty trades higher
₹593.66 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹1,184.24 crore.Global investors are also turning their attention to corporate earnings as companies begin to report quarter results.
The US stocks and the European shares gained as investors remained risk-averse on prospects of escalation in the Middle East conflict.The US crude oil benchmark for November delivery fell $1.03 at $86.66 a barrel Monday. Brent crude for December delivery lost $1.24 at $89.65 a barrel.Grasim Industries is set to raise funds up to ₹4,000 crore via rights issue, the Aditya Birla subsidiary announced on Monday.The fundraising plan received green signal from the board of Grasim Industries Limited on Monday.
The approval was given to raise funds not exceeding ₹4,000 crore by way of a rights issue to the eligible equity shareholders as on the record date. (Read More)Jio Financial Services, which is backed by Reliance Industries Ltd, announced a significant surge in its net profit to ₹668.2 crore, marking a doubling from the preceding quarter.
This remarkable growth was primarily attributed to increased income from operations.This financial report represents the company's first results subsequent to its listing on the stock exchanges on 21st August. Following the demerger of the financial services business from Reliance Industries, Jio Financial Services is now strategically planning to venture into consumer finance, asset management, and insurance.In the September quarter, the company observed total revenues amounting to ₹608 crore, exhibiting a substantial 47% rise from the previous quarter.
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