Zomato and Jio Financial Shake Up Nifty 50 with $910 Million Inflows
Zomato and Jio Financial Services will soon join India's Nifty 50 index, aiming to draw $910 million in passive inflows. As they replace BPCL and Britannia, significant shifts in the market's valuation are anticipated. The changes also reflect India's pivot to digital and financial services, showcasing a broader market evolution.
Read moreIndian Union Budget 2025-26: Stock Market Responds to Finance Minister's Key Announcements
Significant fluctuations swept through the Indian stock market as Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26. Central to the budget were substantial investments in nuclear energy, agricultural schemes targeting low-yield areas, and infrastructure development. The stock market responded with notable movements, particularly in energy stocks, reflecting the strategic shifts and ambitious projects outlined in the budget.
Read moreDenta Water IPO Allotment: How to Check Status Online on NSE, BSE, and More
Denta Water's highly anticipated IPO was oversubscribed by 221.68 times and its allotment date is expected to be finalized on January 27, 2025. Investors can check their allotment status online through platforms like NSE, BSE, and Integrated Registry Management Services. With a promising grey market premium, Denta Water shares are set to list at a significantly higher price, attracting attention in the financial markets.
Read more