The Reserve Bank of India (RBI) maintained the existing caps of 6% for government securities, 2% for state government securities and 15% for corporate bonds for the current year starting April 1, the central bank said in a press release.
Stocks to watch, UltraTech Cement, Jio Financial, Avenue Supermarts, Nestlé India, Fortis Healthcare, Jupiter Wagons, Paras Defence, RBL Bank and more, these are the stocks to watch for tomorrow.
Shares of Jio Financial Services Ltd ended at ₹230.45, up by ₹0.60, or 0.26%, on the BSE.
The Nifty opened lower following weak global cues but recovered immediately. Sentiment remains strong as the Indian market showed resilience despite weak global equity trends led by Trump’s tariffs.
SEBI has granted the government an exemption from making an open offer after converting Vodafone Idea’s debt into equity shares, citing public interest and financial stability as key factors.
Shares of UltraTech Cement Ltd ended at ₹11,583.65, up by ₹328.25, or 2.92%, on the BSE.
The Income Tax Authority issued the order over disallowed interest expenses claimed by International Hospital Limited for FY19.
The Khordha factory represents an initial investment of approximately ₹900 crore in its first phase and will focus on manufacturing products from Nestlé India’s foods portfolio, including prepared dishes and cooking aids.
The Gems and Jewellery Export Promotion Council (GJEPC) has warned that the new tariffs will be a significant burden on exporters.
Shares of Paras Defence and Space Technologies Ltd ended at ₹1,010.95, up by ₹22.50, or 2.28%, on the BSE.