Jio Financial, Zomato are now Nifty 50 stocks: Is that a boon or jinx?

Zomato and Jio Financial Services became part of the Nifty 50 index from Friday’s trading session, after Trent and BEL were added to the index in September last year.

Zomato and Jio Financial Services became part of the Nifty 50 index from Friday’s trading session, after Trent and BEL were added to the index in September last year.

The solar power will be generated from a grid-connected solar photovoltaic (PV) power project to be developed in Rajasthan. The tariff for the power supply has been fixed at ₹2.57 per kilowatt-hour (kWh).

Forex dealers said over the past four days, foreign investors have pumped over $2 billion into Indian equities, while month-to-date inflows into Indian bonds have exceeded $3 billion.
Brokerage firm Goldman Sachs has attributed the downgrade to macroeconomic uncertainty, particularly in the US.

Out of the 38 analysts tracking Reliance Industries, 35 of them have a ‘Buy’ rating on the stock. A consensus estimates of price targets implies a potential upside of 20% for the stock going ahead.

Of the 42 analysts that have coverage on Shree Cement 15 have a “buy” rating, 19 have a “hold” rating and eight have a “sell” rating. The stock is trading close to record high levels.

As per the December shareholding pattern, Quant ELSS Tax Saver Fund had a 1.53% stake in Capri Global Capital. SBI Life Insurance has a 3.66% stake in the company, while India’s largest insurer, Life Insurance Corporation of India, has a…

UCO Bank’s peer Indian Overseas Bank also recently raised ₹1,500 crore through its QIP, while Central Bank of India has also announced the closure of its institutional share sale.

BEML shares are also in focus on Friday after it secured a contract worth ₹405 crore from the Bengaluru Metro Rail Corporation Ltd.

Wood will also be introducing an investment in realty major DLF in the Asia Ex-Japan long-only portfolio with a 3% weightage. Jefferies as a house has been bullish on the Indian Real Estate space for many years.