Zomato, Jio Financial Services’ entry to make Nifty 50 more expensive. Here’s why
BPCL and Britannia Industries with trailing P/E ratio of 8x and ~57x, respectively, will be replaced by Zomato and Jio ...
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Nifty rejig: Zomato, Jio Financial, Britannia, BPCL shares fall up to 4%; here’s why
Zomato and Jio Financial Services shares to be added to Nifty50 index, which may result in fund inflows of ₹5,900 and ₹3,000, ...
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Bajaj Housing Finance, Swiggy, three other shares to now be part of this major index
Along with Bajaj Housing Finance, Swiggy and Hyundai Motor India, Indian Hotels and CG Power will also be part of the Nifty ...
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Sensex Today | Stock Market LIVE Updates: Nifty falls to 22,550, HCLTech, Wipro, Tech Mahindra top losers
Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,795.90, while Sensex ended at 75,311.06. Us markets crashed on Friday, with indices ...
Sandip Sabharwal advises caution on IT stocks as US uncertainty looms over global demand
So, these are not good measures actually and they artificially inflate the Nifty PE because you are removing profit-making ...
M&M shares rise 2% as Jefferies calls recent dip a buying opportunity, sees 53% upside
Mahindra & Mahindra shares rose by 1.7% after Jefferies maintained a 'Buy' rating with a target price of Rs 4,075. The ...