News Wrap: Adani Wilmar Hikes Up; Kfin Tech Files Draft Papers With SEBI; Shikha Sharma And Piramal Enterprises; CNG Prices In Delhi
April 1, 2022
Sensex, Nifty and Bank Nifty are all bullish today!
BSE Sensex is up by 708.8 points (+1.21%), a closing price of 59276.69
Nifty 50 rose by almost 205.70 points (+1.18%), closing price landed at 17,670.45.
Bank Nifty gets a boost of 774.90 points (+2.13%), closing price at 37,148.50
Except for Nifty Pharma, all the other sectoral indices landed in the green today with Nifty Bank, Realty, Oil & Gas, PSU Bank rising between 2 - 3%
BSE midcap and smallcap indices gained 139.% and 1.71% each.
Top Stocks On Encome.io Dashboard:
Adani Wilmar's share price climbs to all-time high, rises for 6th straight session.
Adani Wilmar's stock price has continued its high run in early morning trade today. This Adani group stock has now climbed on to its new peak for the 6th straight session and hit a new high of ₹542.70 apiece on NSE.
Adani Wilmar's Share price today opened with an upside gap of around ₹9 per share on NSE and went on to hit its new lifetime high.
The major reasons for this multi-bagger IPO scaling new highs on a regular basis are strong fundamentals and technical support at current levels. All its technical indicators like RSI, MACD, Oscillators and MAS are supporting the bull run on a daily basis.
Kfin Tech files draft papers with Sebi for Rs 2,400-crore IPO
Kfin Technologies Ltd, which has been the registrar of many of the initial public offers (IPO) floated in the last few years, has filed draft papers with the Securities Exchange Board of India to raise funds through share sales.
The IPO will be a pure offer-for-sale of up to Rs 2,400 crore by its existing promoters General Atlantic Singapore Fund Pte Ltd, which holds a 74.94% stake in the company.
The company is an investor and issuer serving platform that provides financial technology solutions across asset classes like mutual funds, alternatives, insurance, and pension.
More to know:
Future Retail defaults on repayment of Rs 5,322-cr debt amid Amazon dispute.
Piramal Enterprises appoints ex-Axis Bank MD Shikha Sharma as an independent director.
ED issues Rs 7,272-Cr FEMA notice to BSE-listed company.
CNG price in Delhi hiked by 80 paise following record natural gas prices
Sitharaman says India will continue purchasing oil from Russia.
ICICI Securities is bullish on this bank; sees over 35% upside.
Sensex, Nifty close higher in the first session of FY23; banking, oil & gas shares lead gains.