Nifty 50 Surges Past 24,300 Led by Reliance Earnings
9 Articles
9 Articles
Nifty 50 Surges Past 24,300 Led by Reliance Earnings
Indian benchmark Nifty 50 spent the day in the green. Nifty opened at 24,070 and ended the day at 24,329 gaining 289 points. It regained Friday’s losses and saw high momentum today. Out of the total Nifty stocks, 39 stocks ended the day in green. The ongoing earnings season is driving the index higher with investors watching out for quarterly numbers. The rally was led by Reliance Industries which announced impressive Q4 numbers. Reliance stock…
Smallcap stock under Rs 100 gains as firm approves conversion of warrants
Shares of One Point One Solutions are in focus today as the company has informed exchanges that its board of directors has approved the conversion of 3,79,944 warrants into equity shares with a face value of Rs 2 each. The board approved the conversion on a preferential basis upon receiving Rs 80,70,010.56, which constitutes 75 per cent of the issue price of Rs 21.24 per warrant, from the recipients. As a result of the allotment, the company's p…
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