Reliance Industries shares rally ahead of announcement of results

Reliance Industries today will announce financial results for the third quarter of its current financial year. Before that, the stock of the company is being strengthened by about 1%, hence the stock market is also getting support.  Explain that the analysts have estimated a huge increase of 40% in revenue…

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Reliance General Insurance may soon apply for IPO

According to reports, Reliance General Insurance (IPO) may soon apply to market regulator SEBI to bring the issue. Significantly, due to the volatile market situation, Reliance General Insurance had to postpone its IPO scheme. Approval for Sebi’s IPO is valid for one year. But Reliance General Insurance has cleared the deadline for…

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Stock picks of the day: Siemens, Bharti Airtel favourable names for short term

We expect stock-specific performance to continue as earnings season gathers pace while we expect the index to strengthen above December-high of 10,985, says Dharmesh Shah of ICICI Direct.com. Nifty, during the current week, has registered a breakout above the symmetrical triangle formed since mid-December 2018 high of 10,985. The index…

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Sensex starts over 100 points lower, Nifty around 10,750; DMart falls 7%

Barring IT, all other sectoral indices are trading in the red, with pain visible among banks, automobile, consumption and infrastructure sectors. Market opens Equity benchmarks have begun the day on a lower note, with the Sensex shedding over 100 points. The Nifty is trading around 10,750. Barring IT, all other sectoral…

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