DAILY STOCK MARKET NEWS : RELIANCE BIG UPDATE, IRCTC AND MORE

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  • Post last modified:29/12/2021

Daily Stock Market News: Sensex Is At 58,129, Gained 277 Points Today. Nifty Is At 17,323, Gained 89 Points Today And Bank Nifty Is At 36,761, Minus 70 Points Today.

Daily Stock Market News : 03-09-2021

Top Gainers Of Stock Market

COMPANYPRICE%GAIN
RELIANCE 2,3884.10
ONGC1233.75
COAL INDIA1463.35
IOC1132.68
TITAN COMPANY2,0192.65

TOP LOSERS Of Stock Market

COMPANYPRICE%LOSS
HDFC LIFE7343.24
CIPLA9411.48
HUL2,7661.23
BHARTI AIRTEL6581.21
HDFC BANK1,5760.81

In Today Rally Of Nifty And Sensex, the Majority Of The Movement Is Because Of Reliance Industries. Today Nifty Rallied 89 Points, In That 89 Points. Reliance Alone Contributed About 71 Points.

For More Info Like Only Buyers And Sellers Stocks Or 52 Week High Or Low Stocks Click Here.

Daily Stock Market News : Global Markets

Global Markets Opened In Green, Both Asian Markets And US Markets Opened In Green. Markets Are Opening Strongly, But After Opening There Is A Slight Fall In Markets And Then Again Rallying.

Daily Stock Market News : Indian Markets

Even SGX Nifty Is Also 20 Points Up And Indian Markets Opened In Green And Then There Slight Fall In the Market And Again Recovered To Close At Record High.

Both FII And DII Are On Buying Side, FII Bought For 348 Crores, And DII Bought For 381 Crores.

Reliance Industries

India’s Richest Man and The Owner Of Reliance Industries MUKESH AMBANI Made A Lot Of Statements Regarding Company And Company Future Plans.

If We Observed Reliance AGM, The Key Statement In Reliance AGM Is That Reliance Industries Is Spending Around 75,000 Crore In Green Energy Business. Today MUKESH AMBANI Again Elaborated About Their Plans.

And Also Said That India Is In the Third Position In Emission Of Green House Gases After China And America, Which Destroys The Environment, We Need To Change It And Currently We Are Importing Fossil Fuels From Other Countries And In Next Few Years We Need To Change This As A Exporting Country Of Green Hydrogen.

In Reality How Will It Affect Reliance Industries ?, Present Business Of Reliance Industries Is Not Good For The Environment, As Most of Their Business Is From Petrochemicals And Oil Refining Which Will Have a Bad Impact On the Environment.

Due To This Reason, Reliance Is Not Suitable For ESG Norms, The Companies Which Are Impacting Environment, Social And Governance Comes Under ESG Norms.

Most Of The Foreign Institutional Investors Or Mutual Funds Will Not Invest In Companies That Comes Under ESG, Due To ESG Norms Most Of The Funds Was Not Invested In Reliance. As Reliance Is Moving Towards Green Energy, There Is A Possibility Foreign Institutional Investors And Mutual Funds.

HAL

The Board Will Consider About Stock Split On September 21 Meeting.

Telecom Industry

If We See The subscriber Data In Recent Months. JIO and AIRTEL Are Continuously Gaining Subscribers Where As VODAFONE IDEA Is Losing Its Subscribers Continuously.

Mostly The Customers Are Moving To Other Networks Through MNP ( Mobile Number Portability ). To Pull Customers Into Their Network, Telecom Companies Are Offering Huge Benefits Like First Month Free Or First Three Months Free For MNP.

By This, The Most Affected Company Is Vodafone IDEA, Because Most Of The Customers Are Changing To Other Networks Through MNP Offers. Now TRAI Made An Important Update, Said That Companies Need To Stop Providing Benefits Or Offers To Gain Customers.

Exide Industries And HDFC Life

HDFC Life Acquired 100% Stake In Exide Life For Rupees 6,687 Crores. This Is A Positive News For Both Exide Industries And HDFC Life.

Where HDFC Life Will Increase Its Presence Even More And Exide Will Get Enough Cash, So That They Can Use That Cash For Developing Lithium-Ion Batteries.

From The Deal, Exide Industries Will Get 726 Crore As Cash And Remaining Are 8.7 Crore Equity Shares Of HDFC Life At Valuation Of 685 Per Share.

NALCO

The Reason For The Rally Of NALCO Is Because, Globally The Aluminum Prices Are Sky High, This Will Impact The Margins Of NALCO. So That’s Why The Stock Is Rallied A Lot Today.

IRCTC

Till Now We Can Only Book Tickets Of Trains, Flights, And Buses From IRCTC App. But Now IRCTC Launches Cruise Booking Service, Partnered Wil Cordelia, Who Provides Domestic And International Services Of Cruise Ships. From September Cruise Ship Tickets Will Also be Available In IRCTC App.

Tata Motors

Tata Motors Updated That They Have Opened 70 New Showrooms In A Single Day In South India. Now The Total Show Rooms In South India Stood At 272 Show Rooms And 980 Show Rooms In Entire India.

This Is All About Today’s Daily Stock Market News.

Daily Stock Market News: Reliance Industries Big Update, Telecom Industry Update, Exide Life And HDFC Life Merger, NALCO Rally, Tata Motors Showrooms, IRCTC Enters New Segment And More Updates.

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