Posts

Showing posts with the label reliance industries ltd

India is hot trade again as investors chase Trump-era winners

Image
[hfe_template id='11223'] [ad_1] The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US following upbeat comments by Trump. Corporate India has seized the momentum: Shapoorji Pallonji Group secured a $3.4 billion private credit deal, and Reliance Industries Ltd. locked in a $2.98 billion-equivalent loan, underscoring the rising appeal of the nation’s corporate debt to global investors. Behind this renewed enthusiasm lies a mix of favorable macroeconomic forces. Policymakers in New Delhi are targeting what they see as a once-in-a-generation chance to integrate the country more deeply into global supply chains. Meanwhile, in Mumbai, the Reserve Bank of India’s dovish stance is also supporting the bullish mood — bond yields are trading at their lowest levels in over three years. Bloomberg “India can be a big winner of Trump 2.0 if it plays its cards right,” said Trinh ...

Telecom operators Airtel, Vodafone shares in focus after March subscriber data

Image
[hfe_template id='11223'] [ad_1] India’s top telecom stocks, including Bharti Airtel and Vodafone Idea, were set to be in the spotlight on Thursday after the country’s telecom regulator released March subscriber data showing a continued expansion in user base for market leaders Airtel and Reliance Jio Infocomm, while Vodafone Idea held steady. According to data published by the Telecom Regulatory Authority of India (TRAI), Reliance Jio remained the top wireless broadband provider with 465.10 million subscribers as of March-end. Bharti Airtel followed with 280.76 million users. Together, the two operators accounted for nearly 79% of India’s total wireless broadband market. Vodafone Idea retained its third position with a flat subscriber count of 126.40 million. State-owned BSNL trailed with 30.23 million wireless broadband users, continuing to struggle due to delays in its 4G rollout and mounting competitive pressure. Mobile user growth driven by rural uptake India’s tota...

Chandigarh man unearths 37-year-old Reliance shares worth Rs 12 lakh, ignites social media frenzy

Image
[hfe_template id='11223'] [ad_1] A Chandigarh resident has stumbled upon a forgotten financial windfall, discovering decades-old Reliance Industries Ltd (RIL) shares originally purchased in 1988, now valued at approximately Rs 12 lakh. The revelation has triggered a wave of social media reactions, ranging from financial advice to lighthearted banter. Rattan Dillon, a car enthusiast from Chandigarh, found physical share certificates of RIL during a spring cleaning session. The documents revealed that the original shareholder—now deceased—had acquired 30 equity shares at Rs 10 each. Unfamiliar with stock market procedures, Dillon turned to social media for guidance. We found these at home, but I have no idea about the stock market. Can someone with expertise guide us on whether we still own these shares?😅 @reliancegroup pic.twitter.com/KO8EKpbjD3 — Rattan Dhillon (@ShivrattanDhil1) March 11, 2025 From 30 to 960 RIL shares: The power of stock splits and bonusesA user nam...

D-Street's record 11-month stock rally is at risk as profits cool

Image
[hfe_template id='11223'] [ad_1] India’s stocks have powered ahead in recent months as surging earnings outweighed fears about lofty valuations. That dynamic is at risk with companies forecast to report slowing profit growth. Brokerages predict that companies in the benchmark NSE Nifty 50 Index will either report flat or low single digits profit gains for the quarter ended September. Earnings may expand at the slowest pace in more than four years, Jefferies Financial Group Inc.’s analysts forecast for their coverage universe excluding oil and gas. The benchmark gauge has dropped almost 3% in October, paring the year’s gains to over 15%. That’s fueling speculation it may have topped out in September following a stellar run, before an exodus of global funds toward China. The earnings slowdown is being driven by weakening consumer spending and increasing commodity prices. “There is a visible loss in macro momentum,” said Rajat Agarwal, an Asia equity strategist at Societe G...