The recent dip comes after a phenomenal run for Reliance Power, with its stock appreciating over 170% in the past year, fueled by interest from both institutional and retail investors.
The Indian equity markets continued their downward trend in early trading on Friday, following a sharp decline the previous day.
The BSE Sensex fell by 354.67 points to 82,142.43, while the NSE Nifty declined by 114.1 points, landing at 25,136 in early trade.
Amazon has announced plans to hire 250,000 transportation and warehouse workers for the upcoming holiday shopping season, maintaining the same staffing level as last year.
As India's economy experiences robust growth, the Reserve Bank of India (RBI) is unlikely to implement rate cuts in its upcoming monetary policy meeting. Reveals SBI's report on thursday.
Benchmark equity indices in India opened significantly lower on Thursday, with the BSE Sensex plummeting over 1,250 points
Amid uncertain global conditions, the BSE Sensex and Nifty50, India's primary stock indices, experienced significant declines on Thursday.
The Bombay Stock Exchange Brokers' Forum (BBF) announced on Wednesday the appointment of Anup Gupta as its new chairman.
An Air India spokesperson on Wednesday said the teams of Air India and Vistara have been working hard for over a year to ensure that the merger of the legal and regulated entities.
The BRICS+ group of countries is better positioned to fiscally combat any future major economic crisis, as the countries in the BRICS+ group have a lower debt-to-GDP ratio.
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